Challenging Capitalism: Paths Taken, Roads Ahead

Description

Commentators today generally agree that we are at an inflection point in the history of capitalism. This economic system in its long-regnant neoliberal form—privileging free international trade, promoting the transnational movement of capital and labor, and advocating a limited role for the state—has faltered, if not failed, and needs to be superseded by a new political-economic... Read more

Commentators today generally agree that we are at an inflection point in the history of capitalism. This economic system in its long-regnant neoliberal form—privileging free international trade, promoting the transnational movement of capital and labor, and advocating a limited role for the state—has faltered, if not failed, and needs to be superseded by a new political-economic architecture that accommodates pressing concerns relating to national security, climate change, inequality and equity, and resiliency among others. Few serious writers are calling for capitalism to be razed, as this system has proven far superior to others in generating wealth and providing higher living standards. Moreover, since its emergence centuries ago, capitalism has proved highly adaptable, able to survive, even to thrive, in both hospitable and inhospitable circumstances and surroundings, often in the face of stiff competition and outright opposition.

In Challenging Capitalism, an interdisciplinary group of distinguished scholars addresses some of the likely challenges of a new political-economic order that minimizes capitalism’s deficiencies without impeding unduly its ability to facilitate and support wealth creation and human flourishing. An introductory chapter traces the development of capitalism as an economic system and identifies the three major eras in the modern version of capitalism. This chapter sets the stage for a baker’s dozen chapters that examine important features and forms of the dominant economic system, including racial capitalism, platform capitalism, surveillance capitalism, authoritarian capitalism, and stakeholder capitalism. The authors approach capitalism and its future from different angles and from a variety of ideological perspectives, offering keen insights into the capitalist paths we have traveled, our position today, and the road or roads ahead.

The book is essential reading for anyone interested in capitalism from across the social sciences and humanities, including political economy, sociology, history, political science, public policy, and economics.

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Editor(s)

Biography

Peter A. Coclanis is Albert R. Newsome Distinguished Professor of History, University of North Carolina-Chapel Hill, USA.

Arne L. Kalleberg is Kenan Distinguished Professor of Sociology, University of North Carolina-Chapel Hill, USA.

Critics' Reviews

This volume is a scientific feat. Building on an impressive range of disciplines, it combines strong theory with a comparative analytical thrust. Especially noteworthy is its deep scrutiny of the roots and developmental dynamics that underpin the variety of contemporary capitalisms. And its emphasis on nation comparisons makes this book truly unique.

- Gøsta Esping-Andersen, Professor of Sociology, Universitat Pompeu Fabra

Capitalism is both in crisis and causing wider political and social crises. Challenging Capitalism is a timely and important response, clarifying capitalism’s past trajectories, its multiple varieties today, and the multiple paths along which it may be transformed or transcended. This welcome book will inform debate and action we desperately need.

- Craig Calhoun, University Professor of Social Sciences, Arizona State University

Challenging Capitalism Paths Taken, Roads Ahead

Description

Table of Contents

Editor(s)

Biography

Critics' Reviews

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