The Trouble with Capitalism by Harry Shutt

The Trouble with Capitalism by Harry Shutt

Recent instability in the financial markets has shaken confidence in the global economic order. Is the current variant of ?free market? capitalism in fact sustainable? This remarkable book explains its underlying economic fragility as a result of: The growing redundancy of both capital and labour because of changing technologies and chronic slow growth since the 1970s; The desperate struggle of organised capital to prevent its redundancy from being reflected in a 1930s-type collapse in the price of financial assets; The consequent distortion of official policy -- in areas like corporate subsidies, taxation, pensions and privatisation -- to help maintain the value of capital. This book exposes the sham of the laissez faire prospectus. In fact, state power and resources are increasingly propping up capital while pretending to roll back the frontiers of the state.

'Identifies an impressive array of potential problems' The Christian Science Monitor 'Shutt is one of the few to expose capitalism’s lies and imperfections, faults that critically threaten our democratic survival.' Publishers Weekly 'In this thoughtful treatment of the current economic scene, one feels convinced that the collapse of Western civilization as we know it is at hand.' Library Journal 'Offers no easy answers, but suggests the West is going to have to face the fact that profit-maximising capitalism has run its course.' Tribune 'Based on wide knowledge, well documented source material and sharp analysis, everyone who reads it will learn from it...' Liberation 'Shutt [has] a message for every saver and investor: a crash of 1929 proportions is almost inevitable' Dan Atkinson in The Guardian

Harry Shutt was educated at Oxford and Warwick Universities. He worked for six years in the Development and Planning Division of the Economist Intelligence Unit (EIU). He then moved to the Research Department of the General and Municipal Workers' Union (1973-76) and subsequently became Chief Economist at the Fund for Research and Investment for the Development of Africa (1977-79). Since then he has been an independent economic consultant. His books include 'The Myth of Free Trade: Patterns of Protectionism Since 1945', (1985), 'The Trouble with Capitalism: An Inquiry into the Causes of Global Economic Failure' , (Zed Books, 1999) and 'A New Democracy: Alternatives to a Bankrupt World Order (Zed Books, 2001)

SKU	Nicht verfügbar
ISBN 13	9781856495660
ISBN 10	1856495663
Titel	The Trouble with Capitalism
Autor	Harry Shutt
Buchzustand	Nicht verfügbar
Bindungsart	Paperback
Verlag	Bloomsbury Publishing PLC
Erscheinungsjahr	1998-06-01
Seitenanzahl	256
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar