The Butter House by Sarah Gerard

The Butter House by Sarah Gerard

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The Butter House by Sarah Gerard

For over forty years, David Harvey has been one of the world's most trenchant and critical analysts of capitalist development. In The Enigma of Capital, he delivers an impassioned account of how unchecked neoliberalism produced the system-wide crisis that now engulfs the world.

Beginning in the 1970s, profitability pressures led the capitalist class in advanced countries to shift away from investment in industrial production at home toward the higher returns that financial products promised. Accompanying this was a shift towards privatization, an absolute decline in the bargaining power of labor, and the dispersion of production throughout the developing world. The decades-long and ongoing decline in wages that accompanied this turn produced a dilemma: how can goods--especially real estate--sell at the same rate as before if workers are making less in relative terms? The answer was a huge expansion of credit that fueled the explosive growth of both the financial industry and the real estate market. When one key market collapsed--real estate--the other one did as well, and social devastation resulted.

Harvey places today's crisis in the broadest possible context: the historical development of global capitalism itself from the industrial era onward. Moving deftly between this history and the unfolding of the current crisis, he concentrates on how such crises both devastate workers and create openings for challenging the system's legitimacy. The battle now will be between the still-powerful forces that want to reconstitute the system of yesterday and those that want to replace it with one that prizes social justice and economic equality. The new afterword focuses on the continuing impact of the crisis and the response to it in 2010.

One of Huffington Post's Best Social and Political Awareness Books of 2010

Winner of the Isaac and Tamara Deutscher Memorial Prize for 2010

Praise for the Hardcover:

A lucid and penetrating account of how the power of capital shapes our world.
--Andrew Gamble, Independent

Elegant... entertainingly swashbuckling... Harvey's analysis is interesting not only for the breadth of his scholarship but his recognition of the system's strengths.
--John Gapper, Financial Times
Gerard, Sarah: - Sarah Gerard is the author of the essay collection Sunshine State, a New York Times critics' choice, the novel Binary Star, a finalist for the Los Angeles Times first fiction prize, and two chapbooks. Her short stories, essays, interviews, and criticism have appeared in The New York Times, Granta, The Baffler, Vice, BOMB Magazine, and other journals, as well as anthologies. Her paper collages have appeared in Hazlitt, BOMB Magazine, Epiphany Magazine, No Tokens Journal, and the Blue Earth Review. Recycle, a book of collages and text co-authored with the writer and artist Amy Gall, was published by Pacific in 2018. Her column Mouthful, published by Hazlitt, explored her relationship with food ten years into recovery from anorexia. She's been supported by scholarships and fellowships from Yaddo, Tin House, PlatteForum, and Ucross.
SKU Unavailable
ISBN 13 9781942387206
ISBN 10 1942387202
Title The Butter House
Author Sarah Gerard
Condition Unavailable
Binding Type Hardback
Publisher Conium Press
Year published 2023-03-07
Number of pages 56
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.