Possessive Individualism
Oxford University Press Inc (Verlag)
978-0-19-006284-2 (ISBN)
Daniel Bromley provides a fundamental critique of contemporary capitalism to explain why the world now finds itself in widespread disorder. Capitalism's basic flaw, he argues, is "possessive individualism." Glorification of the rational individual motivated by acquisitiveness prevents the adoption of necessary government programs that would ease the economic burden on beleaguered households. Meanwhile, possessive individualism enables managerial capitalism-controlled by the "one percent"-to suppress wages and salaries, embrace automation, and move jobs overseas. Capitalism is no longer an engine of improved livelihoods and social hope.
Drawing on evolutionary institutional economics and political theory this book offers two remedies to the crisis of modern capitalism. Escape from the crisis requires that the isolated acquisitive individual rediscovers a sense of loyalty to others-as neighbors, as colleagues, and as participants in the shared social process of living. Escape also requires that the private firm be reimagined as a public trust in which the economic well-being of employees becomes a central part of its purpose. In the absence of these dual transformations, capitalism as we know it cannot endure.
Daniel W. Bromley is Emeritus Professor of Applied Economics at the University of Wisconsin-Madison. He has published fifteen books and almost 100 journal articles on: (1) the philosophical foundations of economics; (2) institutional economics; (3) international economic development; and (4) the legal and philosophical dimensions of property rights.
PREFACE
PART I. THE PROBLEMATIC TRIUMPH OF CAPITALISM
Chapter 1 The Crisis of Capitalism
Chapter 2 Economics: The Dubious Enabler
Chapter 3 Emergence of the Isolated Household
PART II. THE GREAT UNRAVELLING
Chapter 4 The Cleaved Core
Chapter 5 The Isolated Periphery
PART III. RECOVERING HOPE
Chapter 6 Escaping Possessive Individualism
Chapter 7 Reimagining the Private Firm
Chapter 8 Reimagining the Individual
Chapter 9 Recovering Personhood
Erscheinungsdatum | 07.11.2019 |
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Verlagsort | New York |
Sprache | englisch |
Maße | 236 x 157 mm |
Gewicht | 590 g |
Themenwelt | Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte |
Wirtschaft ► Allgemeines / Lexika | |
Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
ISBN-10 | 0-19-006284-3 / 0190062843 |
ISBN-13 | 978-0-19-006284-2 / 9780190062842 |
Zustand | Neuware |
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