Foretelling the End of Capitalism

aw_product_id: 
27934157573
merchant_image_url: 
https://cdn.waterstones.com/bookjackets/large/9780/6749/9780674919327.jpg
merchant_category: 
Books
search_price: 
28.95
book_author_name: 
Francesco Boldizzoni
book_type: 
Hardback
publisher: 
Harvard University Press
published_date: 
29/05/2020
isbn: 
9780674919327
Merchant Product Cat path: 
Books > History > General & world history
specifications: 
Francesco Boldizzoni|Hardback|Harvard University Press|29/05/2020
Merchant Product Id: 
9780674919327
Book Description: 
Intellectuals since the Industrial Revolution have been obsessed with whether, when, and why capitalism will collapse. This riveting account of two centuries of failed forecasts of doom reveals the key to capitalism's durability.Prophecies about the end of capitalism are as old as capitalism itself. None have come true. Yet, whether out of hope or fear, we keep looking for harbingers of doom. In Foretelling the End of Capitalism, Francesco Boldizzoni gets to the root of the human need to imagine a different and better world and offers a compelling solution to the puzzle of why capitalism has been able to survive so many shocks and setbacks.Capitalism entered the twenty-first century triumphant, its communist rival consigned to the past. But the Great Recession and worsening inequality have undermined faith in its stability and revived questions about its long-term prospects. Is capitalism on its way out? If so, what might replace it? And if it does endure, how will it cope with future social and environmental crises and the inevitable costs of creative destruction? Boldizzoni shows that these and other questions have stood at the heart of much analysis and speculation from the early socialists and Karl Marx to the Occupy Movement. Capitalism has survived predictions of its demise not, as many think, because of its economic efficiency or any intrinsic virtues of markets but because it is ingrained in the hierarchical and individualistic structure of modern Western societies.Foretelling the End of Capitalism takes us on a fascinating journey through two centuries of unfulfilled prophecies. An intellectual tour de force and a plea for political action, it will change our understanding of the economic system that determines the fabric of our lives.

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