The Trouble with Capitalism: An Enquiry into the Causes of Global Economic Failure

The Trouble with Capitalism: An Enquiry into the Causes of Global Economic Failure

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NB: This is a secondhand book in very good condition. See our FAQs for more information. Please note that the jacket image is indicative only. A description of our secondhand books is not always available. Please contact us if you have a question about this title.
Author: Harry Shutt

Format: Paperback

Number of Pages: 256


Recent instability in the financial markets has shaken confidence in the global economic order. Is the current variant of ?free market? capitalism in fact sustainable? This remarkable book explains its underlying economic fragility as a result of: The growing redundancy of both capital and labour because of changing technologies and chronic slow growth since the 1970s; The desperate struggle of organised capital to prevent its redundancy from being reflected in a 1930s-type collapse in the price of financial assets; The consequent distortion of official policy -- in areas like corporate subsidies, taxation, pensions and privatisation -- to help maintain the value of capital. This book exposes the sham of the laissez faire prospectus. In fact, state power and resources are increasingly propping up capital while pretending to roll back the frontiers of the state.
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Description
NB: This is a secondhand book in very good condition. See our FAQs for more information. Please note that the jacket image is indicative only. A description of our secondhand books is not always available. Please contact us if you have a question about this title.
Author: Harry Shutt

Format: Paperback

Number of Pages: 256


Recent instability in the financial markets has shaken confidence in the global economic order. Is the current variant of ?free market? capitalism in fact sustainable? This remarkable book explains its underlying economic fragility as a result of: The growing redundancy of both capital and labour because of changing technologies and chronic slow growth since the 1970s; The desperate struggle of organised capital to prevent its redundancy from being reflected in a 1930s-type collapse in the price of financial assets; The consequent distortion of official policy -- in areas like corporate subsidies, taxation, pensions and privatisation -- to help maintain the value of capital. This book exposes the sham of the laissez faire prospectus. In fact, state power and resources are increasingly propping up capital while pretending to roll back the frontiers of the state.