After CapitalismLiberal, 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. |
Contents
Counterproject SuccessorSystem Revolution | 1 |
11 THE COUNTERPROJECT | 3 |
12 SUCCESSORSYSTEM THEORY | 7 |
13 HISTORICAL MATERIALISM | 9 |
14 CRITERIA | 11 |
15 REVOLUTION | 12 |
16 A NOTE ON GENDER | 14 |
17 AN OUTLINE OF THE ARGUMENT | 16 |
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 |
| 187 | |
About the Author | |
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Common terms and phrases
allocation anticommunism banks basic capi capital assets tax capitalist capitalist class capitalist firms capitalist society chapter communist competition consumer consumption contribution cooperatives counterproject David Schweickart demand democratic firms ecological Economic Democracy economists efficiency enterprises entrepreneur environmental fact fair trade global capitalism growth Hans-Peter Martin hence human important income increase industries inequality inflation institutions interest investment fund investment game investors issue Kasmir Keynes Keynesian leisure less loan marginal product market socialism Marx ment million mocracy Mondragon movement neoclassical neoclassical economics neoliberal nomic nomic Democracy percent political polyarchy poor countries poverty Press private savings problem profit protectionism racism reforms region revolution rich countries sector share social socialist Soviet Soviet Union structure struggles successor-system theory sustainable technologies tion United wealth worker cooperatives worker self-managed workforce workplace democracy York