Capitalism for All: Realizing Its Liberal Promise - Hardcover

Harrison, Neil E.; Mikler, John

Hardcover

ISBN 10: 1438486979 ISBN 13: 9781438486970

Publisher: State University of New York Press, 2022

Synopsis

Demonstrates that a true liberal capitalism has the capacity to enable personal well-being while dealing with new challenges such as pandemics, climate change, and automation.

Capitalism has lost its glamor. In just three decades since it "defeated" a totalitarian Soviet Union, capitalism is today blamed for slowing growth, a dangerously changing climate, inequality, social misery, and a rise in nationalist populism. How did capitalism fall so far from grace? Capitalism for All show how, quite simply, the governments of the world's wealthiest countries have forgotten capitalism's initial purpose. It was born out of a liberal philosophy that values the competition of ideas and goods in the service of social progress while respecting the individual and preventing excessive power. Yet, with the aid of governments, giant corporations, or "MegaCorps," have usurped power, dominated markets, and reduced competition. The result is not liberal capitalism but what Neil E. Harrison and John Mikler term "CorpoCapitalism," which results in an unhappy populace seeking radical political change while challenges like climate change continue to race forward largely unchecked. Capitalism for All explores how CorpoCapitalism came to be, argues that it is not inevitable, and explains how governments can wrest back power and create a capitalism for all.

About this title

About the Author

Neil E. Harrison is Founder and Executive Director of the Sustainable Development Institute and the author of Constructing Sustainable Development, also published by SUNY Press.

Edition details

• Publisher: State University of New York Press
• Publication date: 2022
• Language: English
• ISBN 10: 1438486979
• ISBN 13: 9781438486970
• Binding: Hardcover
• Number of pages: 246