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THE TROUBLE WITH CAPITALISM: AN ENQUIRY INTO THE CAUSES OF GLOBAL ECONOMIC FAILURE

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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.

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Availability

10004021

330.9 SHU t

RLC MM (Rak Buku Umum)

Available

Detail Information

Series Title

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Statement of Responsibility

Harry Shutt

Call Number

330.9 SHU t

Publisher

New York : Zed Books., 1998

Collation

238 p. : ill. ; 22 cm.

Language

English

ISBN/ISSN

1-85649-566-3

Classification

330.9

Content Type

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Edition

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Subject(s)

Buku Umum
Economics
Technological Innovations
Economic Policy
Economic History
Business Cycles
OECD Countries
Capitalism History
Economic Aspects History

Specific Detail Info

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