After Capitalism (2nd Edition) (New Critical Theory) by David Schweickart

By David Schweickart

Publish yr note: First released in June twenty eighth 2002

Since first released in 2002, After Capitalism has provided scholars and political activists alike a coherent imaginative and prescient of a practicable and fascinating substitute to capitalism. David Schweickart calls the program financial Democracy, a successor-system to capitalism which preserves the potency strengths of a industry economic climate whereas extending democracy to the place of work and to the buildings of funding finance.

In the second one variation, Schweickart acknowledges that elevated globalization of businesses has created more than ever interdependent economies and the controversy in regards to the desirability of entrepreneurship is escalating. the recent variation features a new preface, thoroughly up-to-date info, reorganized chapters, and new sections at the financial instability ofcapitalism, the present monetary difficulty, and China.

Drawing on either theoretical and empirical examine, Schweickart exhibits how and why this version is effective, dynamic, and appropriate on this planet this day.

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Additional resources for After Capitalism (2nd Edition) (New Critical Theory)

Sample text

It is simply to remark that given the history we have inherited and the world that human beings have created, there exists no credible wholesale alternative to capitalism. The same could be said of water purification, modern medicine, electronic communication, industrial technology with all its wastes and hazards, and also civil liberties and representative government of some sort. 1 The Counterproject These are strong claims: Capitalism as the end of history; capitalism as a historical achievement we cannot imagine transcending.

The forces arrayed against it are immense. ) But since it is becoming ever clearer that getting beyond capitalism is the best hope for our species, the attempt will be made. In fact, a new challenge to global capitalism has already begun. On the morning of July 21, 2001, as I was making final revisions to the manuscript that became the first edition of this book I glanced at the newspaper. ” While George W. Bush and other leaders of the G-8 (the seven leading industrial nations plus Russia— the latter added, presumably, out of respect for its nuclear missiles, not for its wrecked economy) met behind huge barricades and mouthed platitudes, at least 100,000 demonstrators, invited mainly via the Internet by an Italian network, the Genoa Social Forum, converged on the city.

I regret not being able to do justice to these various intersections in this work. 7 An Outline of the Argument Successor-system theory claims that capitalism is no longer justifiable as an economic order because there now exists a better alternative. Since this claim is comparative, the argument for it must spell out this “better alternative” in some detail so that the two systems can be evaluated side by side. However, before considering this alternative, which we will call “Economic Democracy,” we must be clear about the nature of capitalism itself.

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