After Capitalism

Front Cover
Rowman & Littlefield, 2002 - Business & Economics - 191 pages
Liberal, democratic capitalism as the end of history? Not necessarily. After Capitalism argues that there are forces developing in the world today that might constitute a "counterproject" to the project of globalizing capitalism. At present, however, this movement lacks a coherent vision of a viable, desirable alternative. After Capitalism attempts to fill this lacuna by articulating, as a successor-system to capitalism, a model of "Economic Democracy, " an economic system that preserves the efficiency strengths of a market economy, while extending democracy to the workplace and to the structures of investment finance.
 

Selected pages

Contents

46 ENVIRONMENTAL DEGRADATION
113
461 Overpopulation
114
462 Food Scarcity
115
463 Pollution
116
464 Optimism Pessimism Growth Development
117
465 Why Capitalism Cant Save Us
121
Economic Democracy Why We Need It
127
SOME BEHAVIORAL CONSEQUENCES OF STRUCTURAL CHANGE
128

Justifying Capitalism
21
21 WHAT IS CAPITALISM? WHAT IS A CAPITALIST?
22
MARGINAL PRODUCT AS CONTRIBUTION
24
THE ENTREPRENEUR
31
PLAYING REVERSELOTTO
33
25 THE UTILITY AND DISUTILITY OF DEFERRED CONSUMPTION
39
26 TINA
43
Economic Democracy What It Is
45
311 Worker SelfManagement
47
312 The Market
49
313 Social Control of Investment
50
32 THE VIABILITY OF ECONOMIC DEMOCRACY
56
33 THE MONDRAGON EXPERIMENT
65
34 A NOTE ON THE PUBLIC SECTOR
71
35 FAIR TRADE NOT FREE TRADE
76
THE EXPANDED MODEL
80
361 Socialist Savings and Loan Associations
81
362 Capitalists under Socialism
82
Capitalism and Its Discontents
87
41 INEQUALITY
88
42 UNEMPLOYMENT
93
43 OVERWORK
98
44 POVERTY
100
45 DEMOCRACY LACK THEREOF
104
451 A Note on Anticommunism
110
52 INEQUALITY
131
53 UNEMPLOYMENT
135
531 A Note on Inflation
138
54 OVERWORK
140
55 POVERTY
143
551 Poverty in Rich Countries
144
553 A Note on Immigration
147
554 Poverty in Poor Countries
148
56 DEMOCRACY
151
561 A Note on Liberty
152
562 A Note on Political Parties
153
563 Democracy and Imperialism
155
57 ECOLOGY
156
Getting from Here to There
161
62 AN ECONOMIC DEMOCRACY REFORM AGENDA
167
621 The Extension and Deepening of Workplace Democracy
168
623 Toward Fair Trade
170
631 Radical Quick
171
632 Once MoreThis Time with Feeling for the Stockholders
173
64 A NEW COMMUNISM?
177
Bibliography
181
Index
187
About the Author
Copyright

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Page 94 - All old-established national industries have been destroyed or are daily being destroyed. They are dislodged by new industries, whose introduction becomes a life and death question for all civilized nations, by industries that no longer work up indigenous raw material, but raw material drawn from the remotest zones ; industries whose products are consumed, not only at home, but in every quarter of the globe.
Page 6 - Where is the party in opposition that has not been decried as communistic by its opponents in power? Where the Opposition that has not hurled back the branding reproach of Communism, against the more advanced opposition parties, as well as against its reactionary adversaries?
Page 94 - In place of the old wants, satisfied by the production of the country, we find new wants, requiring for their satisfaction the products of distant lands and climes. In place of the old local and national seclusion and selfsufficiency, we have intercourse in every direction, universal interdependence of nations.
Page 178 - We have seen above that the first step in the revolution by the working class is to raise the proletariat to the position of ruling class, to win the battle of democracy.
Page 64 - Enterprise only pretends to itself to be mainly actuated by the statements in its own prospectus, however candid and sincere. Only a little more than an expedition to the South Pole, is it based on an exact calculation of benefits to come.
Page 94 - The bourgeoisie has, through its exploitation of the world market, given a cosmopolitan character to production and consumption in every country.
Page 178 - The Communists do not form a separate party opposed to other working-class parties. They have no interests separate and apart from those of the proletariat as a whole. They do not set up any sectarian principles of their own, by which to shape and mould the proletarian movement.
Page 26 - ... they get, be it large or small, is what they produce. If they create a small amount of wealth and get the whole of it, they may not seek to revolutionize society; but if it were to appear that they produce an ample amount and get only a part of it, many of them would become revolutionists, and all would have the right to do so. The indictment that hangs over society is that of
Page 43 - Therefore, O patriotic housewives, sally out tomorrow early into the streets and go to the wonderful sales which are everywhere advertised. You will do yourselves good - for never were things so cheap, cheap beyond your dreams. Lay in a stock of household linen, of sheets and blankets to satisfy all your needs. And have the added joy that you are increasing employment, adding to the wealth of the country because you are setting on foot useful activities...

About the author (2002)

David Schweickart is professor of philosophy at the Loyola University of Chicago and holds Ph.D.s in both philosophy and mathematics. He is author of Against Capitalism (Cambridge University Press, 1993) and Capitalism or Worker Control? An Ethical Economic Appraisal (Praeger, 1980), and co-author of Market Socialism: The Debate Among Socialists (Routledge, 1998).