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.
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.