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Capitalism : the future of an illusion / Fred L. Block.

By: Material type: TextTextPublisher: Oakland, California : University of California Press, [2018]Description: viii, 252 pages : illustrations ; 22 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9780520283220 (cloth : alk. paper)
  • 9780520283237 (pbk. : alk. paper)
Subject(s): Additional physical formats: Online version:: CapitalismDDC classification:
  • 330.973 B620C 23
LOC classification:
  • HC103 .B548 2018
Summary: "Since the 1980's, a particular definition of the United States and the global economy as being "capitalist" has become hegemonic. In this view, a capitalist economy is autonomous, coherent, and needs to be regulated by its own internal laws. This view is an illusion. The reality is that economies organized around the pursuit of private profit are contradictory, incoherent, and heavily intertwined with politics and governmental action. But the illusion remains hugely consequential because it has been embraced by political and economic elites who are convinced that they are powerless to change this system. The reality is that the continuing vitality of the U.S. and the world economy requires a new period of major reforms on the scale of the New Deal and the building of new global institutions after World War II"--Provided by publisher.
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Item type Current library Call number Status Date due Barcode
Books Library and Documentation Division 330.973 B620C (Browse shelf(Opens below)) Available 111328

Includes bibliographical references (pages 227-238) and index.

"Since the 1980's, a particular definition of the United States and the global economy as being "capitalist" has become hegemonic. In this view, a capitalist economy is autonomous, coherent, and needs to be regulated by its own internal laws. This view is an illusion. The reality is that economies organized around the pursuit of private profit are contradictory, incoherent, and heavily intertwined with politics and governmental action. But the illusion remains hugely consequential because it has been embraced by political and economic elites who are convinced that they are powerless to change this system. The reality is that the continuing vitality of the U.S. and the world economy requires a new period of major reforms on the scale of the New Deal and the building of new global institutions after World War II"--Provided by publisher.

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