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After Capitalism (New Critical Theory)by David Schweickart
Synopses & Reviews
Liberal, democratic capitalism as the end of history? Not necessarily. After Capitalism argues that there are forces developing in the world today that might constitute a "counterproject" to the project of globalizing capitalism. At present, however, this movement lacks a coherent vision of a viable, desirable alternative. After Capitalism attempts to fill this lacuna by articulating, as a successor-system to capitalism, a model of "Economic Democracy, " an economic system that preserves the efficiency strengths of a market economy, while extending democracy to the workplace and to the structures of investment finance.
Book News Annotation:
Contradicting Margaret Thatcher's infamous statement that "there is no alternative," Schweickart (philosophy, Loyola U. of Chicago) outlines a program for restructuring an advanced industrial economy to be at once economically viable and embody democratic socialist ideals. Initially intended as a more popular formulation of the author's Against Capitalism (1993), the work has been revised to include more treatment of globalization and to have a somewhat more practical bent than its predecessor.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
David Schweickart moves beyond the familiar arguments against globalizing capitalism to contribute something absolutely necessary and long overdue--a coherent vision of a viable, desirable alternative to capitalism. He names this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance. Drawing on both theoretical and empirical research, Schweickart shows how and why this model is efficient, dynamic, and superior to capitalism along a range of values.
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