By Immanuel Wallerstein, Craig Calhoun, Michael Mann, Randall Collins, Georgi Derluguian
In Does Capitalism Have a Future?, a world quintet of exceptional students reduce their method via to the query of no matter if our capitalist method can live on within the medium run. regardless of the present gloom, traditional knowledge nonetheless assumes that there's no actual substitute to capitalism.
The authors argue that this generalization is a fallacious outgrowth of the positive nineteenth-century declare that human historical past ascends via levels to an enlightened equilibrium of liberal capitalism. All significant historic structures have damaged down finally, and within the smooth epoch numerous cataclysmic events-notably the French revolution, global battle I, and the cave in of the Soviet bloc-came to cross whilst modern political elites didn't calculate the implications of the procedures they presumed to manipulate. at the moment, none of our governing elites and intensely few intellectuals can fathom a systemic cave in within the coming many years. whereas the book's members arrive at assorted conclusions, they're in consistent discussion with each other, they usually build a comparatively seamless-if open-ended-whole.
Written by way of 5 of world's most useful students of worldwide old tendencies, this bold e-book asks an important of questions: are we at the cusp of an intensive international historic shift?
Read Online or Download Does Capitalism Have a Future? PDF
Best political theory books
Crawford Brough Macpherson, a very influential author and instructor and Canada's pre-eminent political theorist, received a global acceptance for his arguable interpretation of liberalism. within the first publication to envision the whole variety of Macpherson's writings, William Leiss seeks to put that interpretation of liberalism in the total framework of Macpherson's highbrow improvement.
"Max Horkheimer (1895-1973) was once a number one determine within the Frankfurt tuition, a well known physique of philosophers and social theorists, together with Adorno and Marcuse, who tested severely the alterations in and improvement of capitalist society. a lot of what has turn into referred to as the hot Left should be traced again to Horkheimer, his social philosophy and his research of latest tradition.
Political Ideologies and Political events in the US places ideology entrance and heart within the dialogue of celebration coalition switch. Treating ideology as neither a nuisance nor a given, the research describes the improvement of the fashionable liberal and conservative ideologies that shape the root of our glossy political events.
Political legal responsibility refers back to the ethical legal responsibility of electorate to obey the legislations in their kingdom and to the lifestyles, nature, and justification of a distinct dating among a central authority and its components. This quantity within the modern Anarchist reports sequence demanding situations this courting, trying to outline and protect the location of serious philosophical anarchism opposed to substitute methods to the difficulty of justification of political associations.
- Citizens to Lords: A Social History of Western Political Thought from Antiquity to the Late Middle Ages
- Twentieth-Century Marxism: A Global Introduction
- Anarchism and Art: Democracy in the Cracks and on the Margins (SUNY series in New Political Science)
- The Province of Legislation Determined: Legal Theory in Eighteenth-Century Britain (Ideas in Context)
- Rule of Experts: Egypt, Techno-Politics, Modernity
- After Adam Smith: A Century of Transformation in Politics and Political Economy
Extra resources for Does Capitalism Have a Future?
No matter. The structural crisis of technological displacement transcends cycles and financial bubbles. It is the deep threat to the future of capitalism. Yes, there are short-term crises driven by financial, cyclical and other mechanisms; but what I focus upon here is a long-term structural shift, one that very likely will bring capitalism to an end within the next thirty to fifty years. I make no claims for the purity or authenticity of the lesson that I borrow from Marx. Sociology today, if it believes in anything, believes in multiple processes, multiple causes, and multiple paradigms for dealing with our chosen aspects of the world.
I make no claims for the purity or authenticity of the lesson that I borrow from Marx. Sociology today, if it believes in anything, believes in multiple processes, multiple causes, and multiple paradigms for dealing with our chosen aspects of the world. In an important sense, in sociology Weber has triumphed over Marx, and we all talk about the interpenetration of class, politics, and culture, and of gender too. Nevertheless, there are moments when the key feature of long-term structural change is at issue—above all the issue of structural crisis.
Mechanism of speculation is encouraging consumption via indebtedness. ) What was different this time has been its scale and the ingenuity of the new financial instruments used to pursue speculative activity. The biggest A-phase expansion in the history of the capitalist world-economy has been followed by the biggest speculative mania. It is not hard to follow the successive targets of indebtedness, each producing a bubble and each finally collapsing. The first big one was the OPEC-induced large oil price rises in 1973 and 1979.