Capitalism is hegemonic today not because it is the best we fallible humans can do but because it supports, and is supported by, special interests of immense power. This book argues that Economic Democracy, a competitive economy of democratically run enterprises that replaces capitalist financial markets with more suitable institutions, will be more efficient than capitalism, more rational in its growth, more democratic, more egalitarian, and less alienating.Against Capitalism is an ambitious book, drawing on philosophical analysis, economic theory, and considerable empirical evidence to advance its controversial thesis. It examines both conservative and liberal forms of capitalism; it compares Economic Democracy to other models of socialism; and it considers the transition to Economic Democracy from advanced capitalist societies, from economies built on the Soviet model, and from conditions of underdevelopment. The book concludes with some unconventional reflections on historical materialism, ideal communism, and the future of Marxism.

Written for students, laypersons, and scholars who seek a deeper understanding of the roots of apartheid in South Africa, this book focuses upon the relationship between apartheid and capitalism. The author argues, in contrast to prevailing views held both in South Africa and the West, that rather than resulting from capitalism, apartheid is the antithesis of capitalism. In short, Williams asserts, the evolution of apartheid can be seen as a struggle against market forces in order to confer privilege and status on South African whites. Williams begins with a brief overview of South African history, the racial and ethnic diversity of its peoples, and the development of thinking about apartheid. He then highlights some of South Africa's legal institutions, particularly its racially discriminatory laws, and traces the historical forces behind racially discriminatory labor law. Subsequent chapters apply standard economic analysis to apartheid in business and the labor market and consider market challenges to apartheid and governmental responses. Finally, Williams summarizes recent changes to apartheid laws and offers a general discussion of the lessons about racial relations that can be drawn from the South African experience.

Few beliefs seem more fundamental to American conservatism than faith in the free market. Yet throughout American history, many of the major conservative intellectual and political figures have harbored deep misgivings about the unfettered market and its disruption of traditional values, hierarchies, and communities. In Conservatives Against Capitalism, Peter Kolozi traces the history of conservative skepticism about the influence of capitalism on politics, culture, and society. Kolozi discusses conservative critiques of capitalism—from its threat to the Southern way of life to its emasculating effects on American society to the dangers of free trade—considering the positions of a wide-ranging set of individuals, including John Calhoun, Theodore Roosevelt, Russell Kirk, Irving Kristol, and Patrick J. Buchanan. He examines the ways in which conservative thought went from outright opposition to capitalism to more muted critiques, ultimately reconciling itself to the workings and ethos of the market. By analyzing the unaddressed historical and present-day tensions between capitalism and conservative values, Kolozi shows that figures regarded as iconoclasts belong to a coherent tradition, and he creates a vital new understanding of the American conservative pantheon.

In recent years John Bellamy Foster has emerged as a leading theorist of the Marxist perspective on ecology. His seminal book Marx's Ecology (Monthly Review Press, 2000) discusses the place of ecological issues within the intellectual history of Marxism and on the philosophical foundations of a Marxist ecology, and has become a major point of reference in ecological debates. This historical and philosophical focus is now supplemented by more directly political engagement in his new book, Ecology against Capitalism. In a broad-ranging treatment of contemporary ecological politics, Foster deals with such issues as pollution, sustainable development, technological responses to environmental crisis, population growth, soil fertility, the preservation of ancient forests, and the "new economy" of the Internet age. Foster's introduction sets out the unifying themes of these essays enabling the reader to draw from them a consolidated approach to a rapidly-expanding field of debate which is of critical importance in our times. Within these debates on the politics of ecology, Foster's work develops an important and distinctive perspective. Where many of these debates assume a basic divergence of "red" and "green" issues, and are concerned with the exact terms of a trade-off between them, Foster argues that Marxismproperly understoodalready provides the framework within which ecological questions are best approached. This perspective is advanced here in accessible and concrete form, taking account of the major positions in contemporary ecological debate.

Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.

The wake of the financial crisis has inspired hopes for dramatic change and stirred visions of capitalism’s terminal collapse. Yet capitalism is not on its deathbed, utopia is not in our future, and revolution is not in the cards. In Capitalism on Edge, Albena Azmanova demonstrates that radical progressive change is still attainable, but it must come from an unexpected direction. Azmanova’s new critique of capitalism focuses on the competitive pursuit of profit rather than on forms of ownership and patterns of wealth distribution. She contends that neoliberal capitalism has mutated into a new form—precarity capitalism—marked by the emergence of a precarious multitude. Widespread economic insecurity ails the 99 percent across differences in income, education, and professional occupation; it is the underlying cause of such diverse hardships as work-related stress and chronic unemployment. In response, Azmanova calls for forging a broad alliance of strange bedfellows whose discontent would challenge not only capitalism’s unfair outcomes but also the drive for profit at its core. To achieve this synthesis, progressive forces need to go beyond the old ideological certitudes of, on the left, fighting inequality and, on the right, increasing competition. Azmanova details reforms that would enable a dramatic transformation of the current system without a revolutionary break. An iconoclastic critique of left orthodoxy, Capitalism on Edge confronts the intellectual and political impasses of our time to discern a new path of emancipation.

Historian and political thinker Ellen Meiksins Wood argues that theories of “postmodern” fragmentation, “difference,” and con-tingency can barely accommodate the idea of capitalism, let alone subject it to critique. In this book she sets out to renew the critical program of historical materialism by redefining its basic concepts and its theory of history in original and imaginative ways, using them to identify the specificity of capitalism as a system of social relations and political power. She goes on to explore the concept of democracy in both the ancient and modern world, examining its relation to capitalism, and raising questions about how democracy might go beyond the limits imposed on it.

How design can transcend the logics, structures, and subjectivities of capitalism: a framework, theoretical grounding, and practical principles. The designed things, experiences, and symbols that we use to perceive, understand, and perform our everyday lives are much more than just props. They directly shape how we live. In Design after Capitalism, Matthew Wizinsky argues that the world of industrial capitalism that gave birth to modern design has been dramatically transformed. Design today needs to reorient itself toward deliberate transitions of everyday politics, social relations, and economies. Looking at design through the lens of political economy, Wizinsky calls for the field to transcend the logics, structures, and subjectivities of capitalism—to combine design entrepreneurship with social empowerment in order to facilitate new ways of producing those things, symbols, and experiences that make up everyday life. After analyzing the parallel histories of capitalism and design, Wizinsky offers some historical examples of anticapitalist, noncapitalist, and postcapitalist models of design practice. These range from the British Arts and Crafts movement of the nineteenth century to contemporary practices of growing furniture or biotextiles and automated forms of production. Drawing on insights from sociology, philosophy, economics, political science, history, environmental and sustainability studies, and critical theory—fields not usually seen as central to design—he lays out core principles for postcapitalist design; offers strategies for applying these principles to the three layers of project, practice, and discipline; and provides a set of practical guidelines for designers to use as a starting point. The work of postcapitalist design can start today, Wizinsky says—with the next project.

Capitalism has become so dominant that it is difficult to ever imagine a world in which its injustices and inequalities are not violently present. In this ambitious and compelling book, Oli Mould turns his diagnosis of capitalism's perversions towards defining the new set of ethics we need to succeed in organizing a more just society. In the wake of the coronavirus pandemic, capitalism has been rocked to its foundations and 'the commons' as a means of providing for all people in our world has come crashing into the foreground. However, in order for the commons to be a viable alternative to the injustices of capitalism, it needs to be grown to a planetary scale. This is not an easy process, but if we can commit to act ethically in the world, then suddenly anything is possible. Blending theoretical thinking and real-life examples of commoning in action, Mould guides the reader through a suite of ethical mindsets – mutualism, transmaterialism, minoritarianism, decodification, slowness, failure and love – which can stand firm against capitalism's seemingly inexorable ability to co-opt and subsume all before it. When thought of collectively, these ethics can offer tantalizing visions and practical approaches towards a world beyond capitalism.

Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.