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The Trouble with Capitalism : An Enquiry into the Causes of Global Economic Failure by Harry Shutt (2009, Trade Paperback, Revised edition)

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Is the current variant of 'free market' capitalism really sustainable?. In doing so, he exposes the sham of the laissez faire prospectus, showing that state power and capital are increasingly being used to prop up capital while pretending that the aim is to roll back the frontiers of the state.The implications of the author's startling conclusion (re-examined in a new foreword) - that the maximisation of profit must cease to be the main basis for allocating resources - are profound.

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The recent collapse of the banking system and instability in the financial markets has dramatically shaken confidence in the global economic order. Is the current variant of 'free market' capitalism really sustainable? The Trouble With Capitalism - originally written, with remarkable prescience, in 1998 - anticipates such a development and explains the underlying economic fragility it has revealed. Rather than being merely a temporary blip in the march of capitalism, Shutt argues forcefully that the on-going crisis has arisen as a result of fundamental economic problems, stemming from the growing redundancy of both labour and capital since the 1970s. In doing so, he exposes the sham of the laissez faire prospectus, showing that state power and capital are increasingly being used to prop up capital while pretending that the aim is to roll back the frontiers of the state.The implications of the author's startling conclusion (re-examined in a new foreword) - that the maximisation of profit must cease to be the main basis for allocating resources - are profound.

Product Identifiers

Publisher
ZED Books, The Limited
ISBN-10
1848134223
ISBN-13
9781848134225
eBay Product ID (ePID)
77498864

Product Key Features

Author
Harry Shutt
Publication Name
Trouble with Capitalism : an Enquiry Into the Causes of Global Economic Failure
Format
Trade Paperback
Language
English
Features
Revised
Publication Year
2009
Type
Textbook
Number of Pages
256 Pages

Dimensions

Item Length
8.5in
Item Height
0.6in
Item Width
5.5in
Item Weight
11.5 Oz

Additional Product Features

Lc Classification Number
Hb501
Edition Description
Revised Edition
Edition Number
2
Reviews
'Identifies an impressive array of potential problems.' - The Christian Science Monitor'Shutt is one of the few to expose capitalism's lies and imperfections, faults that critically threaten our democratic survival.' - Publishers Weekly'In this thoughtful treatment of the current economic scene, one feels convinced that the collapse of Western civilization as we know it is at hand.' - Library Journal'Offers no easy answers, but suggests the West is going to have to face the fact that profit-maximising capitalism has run its course.' - Tribune'Based on wide knowledge, well documented source material and sharp analysis, everyone who reads it will learn from it...' - Liberation'This has been the most interesting discussion with an economist I have ever had in my life' George Galloway, Press TV'Shutt [has] a message for every saver and investor: a crash of 1929 proportions is almost inevitable' - Dan Atkinson in The Guardian (on the first edition of this book), "Identifies an impressive array of potential problems." -- The Christian Science Monitor "Shutt is one of the few to expose capitalism's lies and imperfections, faults that critically threaten our democratic survival." -- Publishers Weekly "In this thoughtful treatment of the current economic scene, one feels convinced that the collapse of Western civilization as we know it is at hand." -- Library Journal "Offers no easy answers, but suggests the West is going to have to face the fact that profit-maximising capitalism has run its course." -- Tribune "Based on wide knowledge, well documented source material and sharp analysis, everyone who reads it will learn from it..." -- Liberation, "Identifies an impressive array of potential problems." -- The Christian Science Monitor "Shutt is one of the few to expose capitalism's lies and imperfections, faults that critically threaten our democratic survival." -- Publishers Weekly "In this thoughtful treatment of the current economic scene, one feels convinced that the collapse of Western civilization as we know it is at hand." -- Library Journal "Offers no easy answers, but suggests the West is going to have to face the fact that profit-maximising capitalism has run its course." -- Tribune "Based on wide knowledge, well documented source material and sharp analysis, everyone who reads it will learn from it..." -- Liberation, "Shutt [has] a message for every saver and investor: a crash of 1929 proportions is almost inevitable" -- Dan Atkinson in The Guardian (on the first edition of this book) "This has been the most interesting discussion with an economist I have ever had in my life" -- George Galloway, Press TV "Based on wide knowledge, well documented source material and sharp analysis, everyone who reads it will learn from it..." -- Liberation "In this thoughtful treatment of the current economic scene, one feels convinced that the collapse of Western civilization as we know it is at hand." -- Library Journal "Shutt is one of the few to expose capitalism's lies and imperfections, faults that critically threaten our democratic survival." -- Publishers Weekly "Identifies an impressive array of potential problems." -- The Christian Science Monitor "Offers no easy answers, but suggests the West is going to have to face the fact that profit-maximising capitalism has run its course." -- Tribune, "Identifies an impressive array of potential problems." --The Christian Science Monitor "Shutt is one of the few to expose capitalism's lies and imperfections, faults that critically threaten our democratic survival." --Publishers Weekly "In this thoughtful treatment of the current economic scene, one feels convinced that the collapse of Western civilization as we know it is at hand." --Library Journal "Offers no easy answers, but suggests the West is going to have to face the fact that profit-maximising capitalism has run its course." --Tribune "Based on wide knowledge, well documented source material and sharp analysis, everyone who reads it will learn from it..." --Liberation
Table of Content
Foreword: Apocalypse now? Introduction 1. The Origins of Modern Capitalism: A Brief History to World War II 2. The Post-1945 Economic Dispensation in the West 3. The End of the Boom and the Neo-classical Reaction 4. The Illusion of Orthodoxy 5. Incurable Addiction to State Support 6. Globalisation and the Power Vacuum 7. Technological Nemesis 8. Coping with the Capital Glut 9. Wider Symptoms of Disintegration: I - The Wreckage of Soviet Communism 10. Wider Symptoms of Disintegration: II - Third World Catastrophe 11. A Crisis of Legitimacy 12. Can the Profits System be Saved? 13. Political Paralysis 14. Essential Features of a Sustainable World Order Index
Copyright Date
2009
Target Audience
College Audience
Topic
Economic History, International / General
Dewey Decimal
330.9
Dewey Edition
21
Illustrated
Yes
Genre
Business & Economics

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The Trouble with Capitalism : An Enquiry into the Causes of Global Economic Failure by Harry Shutt (2009, Trade Paperback, Revised edition)

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Product Key Features

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All listings for this product

item 1 The Trouble with Capitalism : An Enquiry into the Causes of Globa

item 2 The Trouble with Capitalism : An Enquiry into the Causes of Globa

item 3 The Trouble with Capitalism: An Enquiry i... by Harry Shutt Paperback / softback

item 4 The Trouble with Capitalism: An Enquiry into the Causes of Global Economic Failu

item 5 Trouble with Capitalism: An Enquiry Into the Causes of Global Economic Failure

item 6 The Trouble with Capitalism: An Enquiry into the Causes of Global Economic Fail

item 7 The Trouble with Capitalism: An Enquiry into the Causes of Global Economic Failu

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Diagnostic and Statistical Manual of Mental Disorders DSM-5-TR by American Psychiatric Association (2022, Trade Paperback)

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