Does Capitalism Have a Future

In Does Capitalism Have a Future?, a global quintet of distinguished scholars cut their way through to the question of whether our capitalist system can survive in the medium run. Despite the current gloom, conventional wisdom still assumes that there is no real alternative to capitalism. The authors argue that this generalization is a mistaken outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism. All major historical systems have broken down in the end, and in the modern epoch several cataclysmic events-notably the French revolution, World War I, and the collapse of the Soviet bloc-came to pass when contemporary political elites failed to calculate the consequences of the processes they presumed to govern. At present, none of our governing elites and very few intellectuals can fathom a systemic collapse in the coming decades. While the book’s contributors arrive at different conclus...

Author: Wallerstein Immanuel, Collins Randall, Mann Michael, Derluguian Georgi, Calhoun Craig
ISBN: 9780199330843
Year of publication: 2013
Genre: Publicism, Economics
Number of pages: 239
Reading time: 3 h. 59 min.
Formats: FB2, EPUB, PDF
Language: english
Requests: read online, download without registration, e-book