Overripe economy : American capitalism and the crisis of democracy / Alan Nasser.

Format:

Book

Author/Creator:

Nasser, Alan, author.

Language:

English

Subjects (All):

Capitalism--United States--History.

Capitalism.

Democracy--United States--History.

Democracy.

Physical Description:

1 online resource (321 pages)

Place of Publication:

London : Pluto Press, 2018.

Summary:

From industrialisation to the present day, Overripe Economy is a genealogy of the emergence of a finance-ridden, authoritarian, austerity-plagued American capitalism. This panoramic political-economic history of the country, surveys the ruthlessly competitive capitalism of the nineteenth century, the maturation of industrial capitalism in the 1920s, the rise and fall of capitalism's Golden Age and the ensuing decline towards the modern era. Alan Nasser shows why the emergence of the persistent austerity of financialised neoliberal capitalism is the natural outcome of mature capitalism's evolution, revealing both the key structural and political vulnerabilities of capitalism itself and points towards the kind of system that can transcend it. At the centre of the argument, is capitalism's ultimatum: either a 'new normal' of persistent austerity, declining democracy and a privatised state, or a polity and economy characterised by an economic democracy that can ensure both higher wages and a shorter working week.

Notes:

Description based on print version record.

ISBN:

9781786802941

1786802945

9781786802934

1786802937