Economic Theory

Beyond Capitalism: Building Democratic Alternatives for by Jeff Shantz

By Jeff Shantz

Capitalism as a world approach slightly permits the wishes of nearly all of the world's inhabitants to be met. no matter if from an industrialized state reminiscent of the USA or from South Africa, the necessity for an alternate will be felt world wide. it truly is transparent these days that, end result of the non-democratic nature and inadequacies of capitalism, one other approach needs to take its position. this sort of method has already started throughout the cooperative circulate, which this ebook examines in addition to different tasks.

Featuring essays by means of overseas students and activists from a variety of spheres of the anti-capitalist left, the paintings gains many examples from the north and the south, to hide either the historically-advanced and overdue capitalist economies. It discusses such projects as participatory economics, the Mondragon event, employee cooperatives in Europe and Latin the US, harmony economic climate in South Africa, and extra.

Written in an available demeanour, Beyond Capitalism might be a useful source for any pupil of social hobbies and political concept and for somebody trying to find replacement to modern day ongoing systemic crises.

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Additional resources for Beyond Capitalism: Building Democratic Alternatives for Today and the Future

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It is inevitable that a certain subjection to the capitalist market by the self-managed enterprise persists at this moment in history. But the sooner such enterprises are disentailed from such interdependence—which to them is above all else really dependence since they are the weakest link on the production chain—the better it will be. Otherwise, there will persist the danger of the self-managing enterprise suffering abusive prices dictated by suppliers and/or insufficient profits or even losses caused by the buyer enterprises.

Decisions are made using different means and methods for different situations, but the means and methods always convey authoritative power to a relative few people from among the 20 percent empowered workers, while conveying even more authority to the economy’s owners. People’s income in capitalist economies comes mostly from their bargaining power. We get from economic output what we can take. A very important contributor to bargaining power is ownership of property because it conveys rights to profit.

Birchall, J. (1997). The International Co-operative Movement. Manchester/New York: Manchester University Press. Braverman, H. (1974). Labor and Monopoly Capital. New York and London: Monthly Review Press. Carlyle, T. [1837] (1934). The French Revolution—A History. New York: Modern Library. Macdonald, J. B. (1987). ” Revista de Cultura Vozes 81 (1): 5–29. —. (1995). Economia e ideologia no capitalismo, no socialismo e no estatismo. João Pessoa, Brazil: Editora Universitária da Universidade Federal da Paraíba.

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