Description
Book SynopsisThis is the history of the development of the profoundly undemocratic American Capitalism
Trade Review'We live in an age of mounting social inequality and declining political democracy. Overripe Economy offers a provocative analysis of these ills, based on a detailed reading of American history. Many will find Alan Nasser's arguments controversial. But we very much need to engage this analysis well as Nasser's case for a democratic socialist alternative' -- David McNally, author of Monsters of the Market (2012) and Global Slump (2010)
'Offering an original analysis of late stage capitalism, this work connects the many individual grievances generated by capitalism into a powerful indictment of a system mired in social dislocation and repression. Nasser provides a resounding case for a sweeping transformation and reorganization of society on a fully democratic socialist footing' -- Barry Finger, Editorial Member of New Politics
Table of ContentsAcknowledgements
Introduction
1. The Nineteenth Century: Framework Stimulants, Destructive Competition and the Making of Oligopoly Capitalism
2. Working-Class Resistance, the State-Supported Capitalist Response, the Mechanization of Industry and the Defeat of Organized Labor
3. The 1920s: The Dynamics of Mature Industrial Capitalism
4. The 1930s and the Great Depression
5. The Rise and Fall of the Golden Age
6. The New Financialization: Debt, Investment and the Financialized Firm
7. The Landscape of Austerity: Polarization, the Destruction of Jobs, and the Emerging Police State
8. Conclusion
Appendix A: Economic Maturity and Disaccumulation – A Mildly Wonkish Summation
Appendix B: What Keynes Really Prescribed
Bibliography
Index
