Overripe Economy: American Capitalism and the Crisis of Democracy

Book Title Overripe Economy American Capitalism and the Crisis of Democracy
Author Name Alan Nasser
Publishing house Pluto Press
Country – city USA
Date of issue 2018
Number of pages 240

Buy the book Translation rights

Description Books

This post is also available in: ar العربية (Arabic)


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 capitalisms 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.


This post is also available in: ar العربية (Arabic)

Comments

There are no reviews yet.

Be the first to review “Overripe Economy: American Capitalism and the Crisis of Democracy”

Your email address will not be published.

TOP