Capitalist Democracy On Trial

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Capitalist Democracy on Trial

Author : Dennis Smith
Publisher : Taylor & Francis
ISBN 13 : 1000729281
Total Pages : 223 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Capitalist Democracy on Trial by : Dennis Smith

Download or read book Capitalist Democracy on Trial written by Dennis Smith and published by Taylor & Francis. This book was released on 2022-10-15 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, Capitalist Democracy on Trial explores the long transatlantic debate on capitalist democracy. It examines the conflicting verdicts of writers and politicians in the USA and Europe. The first section focuses on democracy and the rise of big business. It discusses the views of Tocqueville, Mill, Carnegie, Chamberlain, Bryce, Ostrogorski, Veblen and Hobson. The second section covers capitalism and the rise of ‘big government’. The writers represented are Laski, Lasswell, Hayek, Schumpeter, Galbraith, Friedman, Miliband, Brittan, Piven, and Cloward. Using a historical and comparative framework Dennis Smith argues that the transatlantic debate on capitalist democracy has passed through three phases. By World War I the early nineteenth century ideology of ‘participation’ had been replaced by a conception of capitalist democracy as ‘manipulation’. Between the wars this was superseded by an ideology of ‘regulation’. Then the drift has been towards the need for ‘conservation’. His systematic approach demonstrate the dynamics of an unfolding debate and combines theoretical insight with clarity of exposition. This book will be an invaluable text for students of political science, sociology, social theory, and the history of political economy.

The Crisis of Capitalist Democracy

Author : Richard A. Posner
Publisher : Harvard University Press
ISBN 13 : 0674062191
Total Pages : 409 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis The Crisis of Capitalist Democracy by : Richard A. Posner

Download or read book The Crisis of Capitalist Democracy written by Richard A. Posner and published by Harvard University Press. This book was released on 2010-01-01 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following up on his timely and well-received book, A Failure of Capitalism, Richard Posner steps back to take a longer view of the continuing crisis of democratic capitalism as the American and world economies crawl gradually back from the depths to which they had fallen in the autumn of 2008 and the winter of 2009. By means of a lucid narrative of the crisis and a series of analytical chapters pinpointing critical issues of economic collapse and gradual recovery, Posner helps non-technical readers understand business-cycle and financial economics, and financial and governmental institutions, practices, and transactions, while maintaining a neutrality impossible for persons professionally committed to one theory or another. He calls for fresh thinking about the business cycle that would build on the original ideas of Keynes. Central to these ideas is that of uncertainty as opposed to risk. Risk can be quantified and measured. Uncertainty cannot, and in this lies the inherent instability of a capitalist economy. As we emerge from the financial earthquake, a deficit aftershock rumbles. It is in reference to that potential aftershock, as well as to the government's stumbling efforts at financial regulatory reform, that Posner raises the question of the adequacy of our democratic institutions to the economic challenges heightened by the greatest economic crisis since the Great Depression. The crisis and the government's energetic response to it have enormously increased the national debt at the same time that structural defects in the American political system may make it impossible to pay down the debt by any means other than inflation or devaluation.

The Age of Surveillance Capitalism

Author : Shoshana Zuboff
Publisher : PublicAffairs
ISBN 13 : 1610395700
Total Pages : 683 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis The Age of Surveillance Capitalism by : Shoshana Zuboff

Download or read book The Age of Surveillance Capitalism written by Shoshana Zuboff and published by PublicAffairs. This book was released on 2019-01-15 with total page 683 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called "surveillance capitalism," and the quest by powerful corporations to predict and control our behavior. In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behavior modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth. Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new "behavioral futures markets," where predictions about our behavior are bought and sold, and the production of goods and services is subordinated to a new "means of behavioral modification." The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a "Big Other" operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff's comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled "hive" of total connection that seduces with promises of total certainty for maximum profit -- at the expense of democracy, freedom, and our human future. With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future -- if we let it.

Democracy and Prosperity

Author : Torben Iversen
Publisher : Princeton University Press
ISBN 13 : 0691210217
Total Pages : 359 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Democracy and Prosperity by : Torben Iversen

Download or read book Democracy and Prosperity written by Torben Iversen and published by Princeton University Press. This book was released on 2020-11-03 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world's leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century--major wars, economic crises, massive social change, and technological revolutions--Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state. Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.

Supercapitalism

Author : Robert B. Reich
Publisher : Vintage
ISBN 13 : 0307267857
Total Pages : 235 pages
Book Rating : 4.3/5 (72 download)

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Book Synopsis Supercapitalism by : Robert B. Reich

Download or read book Supercapitalism written by Robert B. Reich and published by Vintage. This book was released on 2007-09-04 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of America's foremost economic and political thinkers comes a vital analysis of our new hypercompetitive and turbo-charged global economy and the effect it is having on American democracy. With his customary wit and insight, Reich shows how widening inequality of income and wealth, heightened job insecurity, and corporate corruption are merely the logical results of a system in which politicians are more beholden to the influence of business lobbyists than to the voters who elected them. Powerful and thought-provoking, Supercapitalism argues that a clear separation of politics and capitalism will foster an enviroment in which both business and government thrive, by putting capitalism in the service of democracy, and not the other way around.

Political Economy of Modern Capitalism

Author : Colin Crouch
Publisher : SAGE
ISBN 13 : 0857026259
Total Pages : 223 pages
Book Rating : 4.8/5 (57 download)

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Book Synopsis Political Economy of Modern Capitalism by : Colin Crouch

Download or read book Political Economy of Modern Capitalism written by Colin Crouch and published by SAGE. This book was released on 1997-10-10 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies? Political Economy of Modern Capitalism provides a practical and informed analysis of the public policy choices facing governments and business around the world.

Democratic Socialism On Trial

Author : Germinal G Van
Publisher :
ISBN 13 : 9781720246220
Total Pages : 228 pages
Book Rating : 4.2/5 (462 download)

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Book Synopsis Democratic Socialism On Trial by : Germinal G Van

Download or read book Democratic Socialism On Trial written by Germinal G Van and published by . This book was released on 2019-08-05 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democratic Socialism is a political philosophy that advocates achieving socialist goals within a democratic system as opposed to what it perceives as undemocratic socialist ideologies such as Marxist-Leninist-inspired socialism which is viewed as being non-democratic in practice. In the United States, the ideology has substantially grown and began to be considered as the main alternative to a "ruthless" capitalistic ideal in America. If Socialism as an alternative regime failed to sustain and resist capitalism within the fall of the Berlin Wall and the dissolution of the Soviet Union, it is certain that democratic socialism will also disappoint human nature. The purpose of this book is to explain the reasons why Democratic Socialism is inapplicable in the United States as an effective and practical political regime.

Capitalism on Edge

Author : Albena Azmanova
Publisher : Columbia University Press
ISBN 13 : 0231530609
Total Pages : 130 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Capitalism on Edge by : Albena Azmanova

Download or read book Capitalism on Edge written by Albena Azmanova and published by Columbia University Press. This book was released on 2020-01-14 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Saving Capitalism

Author : Robert B. Reich
Publisher : Vintage
ISBN 13 : 0385350589
Total Pages : 306 pages
Book Rating : 4.3/5 (853 download)

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Book Synopsis Saving Capitalism by : Robert B. Reich

Download or read book Saving Capitalism written by Robert B. Reich and published by Vintage. This book was released on 2015-09-29 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of Aftershock and The Work of Nations, his most important book to date—a myth-shattering breakdown of how the economic system that helped make America so strong is now failing us, and what it will take to fix it. Perhaps no one is better acquainted with the intersection of economics and politics than Robert B. Reich, and now he reveals how power and influence have created a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in eighty years. He makes clear how centrally problematic our veneration of the “free market” is, and how it has masked the power of moneyed interests to tilt the market to their benefit. Reich exposes the falsehoods that have been bolstered by the corruption of our democracy by huge corporations and the revolving door between Washington and Wall Street: that all workers are paid what they’re “worth,” that a higher minimum wage equals fewer jobs, and that corporations must serve shareholders before employees. He shows that the critical choices ahead are not about the size of government but about who government is for: that we must choose not between a free market and “big” government but between a market organized for broadly based prosperity and one designed to deliver the most gains to the top. Ever the pragmatist, ever the optimist, Reich sees hope for reversing our slide toward inequality and diminished opportunity when we shore up the countervailing power of everyone else. Passionate yet practical, sweeping yet exactingly argued, Saving Capitalism is a revelatory indictment of our economic status quo and an empowering call to civic action.

Disruptive Democracy

Author : Peter Bloom
Publisher : SAGE Publications Limited
ISBN 13 : 9781526464354
Total Pages : 0 pages
Book Rating : 4.4/5 (643 download)

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Book Synopsis Disruptive Democracy by : Peter Bloom

Download or read book Disruptive Democracy written by Peter Bloom and published by SAGE Publications Limited. This book was released on 2019-04-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do new “smart” technologies such as AI, robotics, social media, and automation threaten to disrupt our society? Or does technological innovation hold the potential to transform our democracies and civic societies, creating ones that are more egalitarian and accountable? Disruptive Democracy explores these questions and examines how technology has the power to reshape our civic participation, our economic and political governance, and our entire existence. In this innovative study, the authors use international examples such as Trump’s America, and Bolsonaro’s recent election as President of Brazil, to lead the discussion on perhaps the most profound political struggle of the 21st century, the coming clash between a progressive “Techno-democracy” and a regressive “Techno-populism”.

The Great Deformation

Author : David Stockman
Publisher : Public Affairs
ISBN 13 : 1586489127
Total Pages : 770 pages
Book Rating : 4.5/5 (864 download)

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Book Synopsis The Great Deformation by : David Stockman

Download or read book The Great Deformation written by David Stockman and published by Public Affairs. This book was released on 2013-04-02 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.

Socialism on Trial

Author : James Patrick Cannon
Publisher : Resistance Books
ISBN 13 : 9780909196936
Total Pages : 214 pages
Book Rating : 4.1/5 (969 download)

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Book Synopsis Socialism on Trial by : James Patrick Cannon

Download or read book Socialism on Trial written by James Patrick Cannon and published by Resistance Books. This book was released on 1999 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trotskyists on Trial

Author : Donna T Haverty-Stacke
Publisher : NYU Press
ISBN 13 : 1479849626
Total Pages : 304 pages
Book Rating : 4.4/5 (798 download)

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Book Synopsis Trotskyists on Trial by : Donna T Haverty-Stacke

Download or read book Trotskyists on Trial written by Donna T Haverty-Stacke and published by NYU Press. This book was released on 2016-01-08 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Passed in June 1940, the Smith Act was a peacetime anti-sedition law that marked a dramatic shift in the legal definition of free speech protection in America by criminalizing the advocacy of disloyalty to the government by force. It also criminalized the acts of printing, publishing, or distributing anything advocating such sedition and made it illegal to organize or belong to any association that did the same. It was first brought to trial in July 1941, when a federal grand jury in Minneapolis indicted twenty-nine Socialist Workers Party members, fifteen of whom also belonged to the militant Teamsters Local 544. Eighteen of the defendants were convicted of conspiring to overthrow the government. Examining the social, political, and legal history of the first Smith Act case, this book focuses on the tension between the nation’s cherished principle of free political expression and the demands of national security on the eve of America’s entry into World War II. Based on newly declassified government documents and recently opened archival sources, Trotskyists on Trial explores the implications of the case for organized labor and civil liberties in wartime and postwar America. The central issue of how Americans have tolerated or suppressed dissent during moments of national crisis is not only important to our understanding of the past, but also remains a pressing concern in the post-9/11 world. This volume traces some of the implications of the compromise between rights and security that was made in the mid-twentieth century, offering historical context for some of the consequences of similar bargains struck today.

A Capitalism for the People

Author : Luigi Zingales
Publisher : Basic Books
ISBN 13 : 0465038700
Total Pages : 337 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis A Capitalism for the People by : Luigi Zingales

Download or read book A Capitalism for the People written by Luigi Zingales and published by Basic Books. This book was released on 2014-02-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment -- paired with rampant nepotism and cronyism -- on a country's economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times personal argument that the roots of American capitalism are dying, and that the result is a drift toward the more corrupt systems found throughout Europe and much of the rest of the world. American capitalism, according to Zingales, grew in a unique incubator that provided it with a distinct flavor of competitiveness, a meritocratic nature that fostered trust in markets and a faith in mobility. Lately, however, that trust has been eroded by a betrayal of our pro-business elites, whose lobbying has come to dictate the market rather than be subject to it, and this betrayal has taken place with the complicity of our intellectual class. Because of this trend, much of the country is questioning -- often with great anger -- whether the system that has for so long buoyed their hopes has now betrayed them once and for all. What we are left with is either anti-market pitchfork populism or pro-business technocratic insularity. Neither of these options presents a way to preserve what the author calls "the lighthouse" of American capitalism. Zingales argues that the way forward is pro-market populism, a fostering of truly free and open competition for the good of the people -- not for the good of big business. Drawing on the historical record of American populism at the turn of the twentieth century, Zingales illustrates how our current circumstances aren't all that different. People in the middle and at the bottom are getting squeezed, while people at the top are only growing richer. The solutions now, as then, are reforms to economic policy that level the playing field. Reforms that may be anti-business (specifically anti-big business), but are squarely pro-market. The question is whether we can once again muster the courage to confront the powers that be.

After Capitalism

Author : David Schweickart
Publisher : Rowman & Littlefield Publishers
ISBN 13 : 0742564991
Total Pages : 281 pages
Book Rating : 4.7/5 (425 download)

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Book Synopsis After Capitalism by : David Schweickart

Download or read book After Capitalism written by David Schweickart and published by Rowman & Littlefield Publishers. This book was released on 2011-08-16 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since first published in 2002, After Capitalism has offered students and political activists alike a coherent vision of a viable and desirable alternative to capitalism. David Schweickart calls this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance. In the second edition, Schweickart recognizes that increased globalization of companies has created greater than ever interdependent economies and the debate about the desirability of entrepreneurship is escalating. The new edition includes a new preface, completely updated data, reorganized chapters, and new sections on the economic instability of capitalism, the current economic crisis, and China. Drawing on both theoretical and empirical research, Schweickart shows how and why this model is efficient, dynamic, and applicable in the world today.

State Capitalism

Author : Joshua Kurlantzick
Publisher : Oxford University Press
ISBN 13 : 0199385726
Total Pages : 297 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis State Capitalism by : Joshua Kurlantzick

Download or read book State Capitalism written by Joshua Kurlantzick and published by Oxford University Press. This book was released on 2016-03-08 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.

My Turn

Author : Doug Henwood
Publisher : Seven Stories Press
ISBN 13 : 160980757X
Total Pages : 114 pages
Book Rating : 4.6/5 (98 download)

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Book Synopsis My Turn by : Doug Henwood

Download or read book My Turn written by Doug Henwood and published by Seven Stories Press. This book was released on 2016-07-05 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hillary Clinton is running for the presidency with a message of hope and change. But, as Doug Henwood makes clear in this concise, devastating indictment, little trust can be placed in her campaign promises. Rigorously reviewing her record, Henwood shows how Clinton's positions on key issues have always blown with the breeze of expediency, though generally around an axis of moralism and hawkishness. Without a meaningful program other than a broad fealty to the status quo, Henwood suggests, "the case for Hillary boils down to this: she has experience, she's a woman, and it's her turn."