Alternatives to Capitalism


Book Description

What would a viable free and democratic society look like? Poverty, exploitation, instability, hierarchy, subordination, environmental exhaustion, radical inequalities of wealth and power—it is not difficult to list capitalism’s myriad injustices. But is there a preferable and workable alternative? Alternatives to Capitalism: Proposals for a Democratic Economy presents a debate between two such possibilities: Robin Hahnel’s “participatory economics” and Erik Olin Wright’s “real utopian” socialism. It is a detailed and rewarding discussion that illuminates a range of issues and dilemmas of crucial importance to any serious effort to build a better world.




Marx's Concept of the Alternative to Capitalism


Book Description

In contrast to the traditional view that Marx's work is restricted to a critique of capitalism and does not contain a detailed or coherent conception of its alternative, this book shows, through an analysis of his published and unpublished writings, that Marx was committed to a specific concept of a post-capitalist society that informed his critique of value production, alienated labor and capitalist accumulation. Instead of focusing on the present with only a passing reference to the future, Marx's emphasis on capitalism's tendency towards dissolution is rooted in a specific conception of what should replace it. In critically re-examining that conception, this book addresses the quest for an alternative to capitalism that has taken on increased importance today.




Socialism, Capitalism and Alternatives


Book Description

In 1989 the Berlin Wall came down. Two years later the Soviet Union disintegrated. The collapse of communism in Eastern Europe and the Soviet Union discredited the idea of socialism for generations to come. It was seen as representing the final and irreversible victory of capitalism. This triumphal dominance was barely challenged until the 2008 financial crisis threw the Western world into a state of turmoil. Through analysis of post-socialist Russia and Central and Eastern Europe, as well as of the United Kingdom, China and the United States, Socialism, Capitalism and Alternatives confronts the difficulty we face in articulating alternatives to capitalism, socialism and threatening populist regimes. Beginning with accounts of the impact of capitalism on countries left behind by the planned economies, the volume moves on to consider how China has become a beacon of dynamic economic growth, aggressively expanding its global influence. The final section of the volume poses alternatives to the ideological dominance of neoliberalism in the West. Since the 2008 financial crisis, demands for social change have erupted across the world. Exposing the failure of neoliberalism in the United Kingdom and examining recent social movements in Europe and the United States, the closing chapters identify how elements of past ideas are re-emerging, among them Keynesianism and radical socialism. As those chapters indicate, these ideas might well have potential to mobilise support and challenge the dominance of neoliberalism.




Another Now


Book Description

What would a fair and equal society actually look like? The world-renowned economist and bestselling author Yanis Varoufakis presents his radical and subversive answer in a work of speculative fiction that recalls William Morris and William Gibson The year: 2035. At a funeral for Iris, a revolutionary leftist feminist, Yango is approached by Costa, Iris’s closest comrade, who urges him to carry out Iris’s last wish: plough into her secret diaries to tell their story. “But”, Costa insists “leave out anything that might help Big Tech replicate my technologies!” That night Yango delves into Iris’s diaries. In them he discovers a chronicle of how Costa’s revolutionary technologies had unveiled an actually existing, fully democratized, postcapitalist society. Suddenly he understands Costa’s obsession with the hackers trying to steal his secrets. So begins Yanis Varoufakis’s extraordinary novelistic thought-experiment, where the world-famous economist offers an invigorating and deeply moving vision of an alternative reality. Another Now tells the story of Costa, a brilliant but deeply disillusioned, computer engineer, who creates a revolutionary technology that will allow the user a “glimpse of a life beyond their dreams” but will not enslave them. But an accident during one of its trial runs unveils a cosmic wormhole where Costa meets his DNA double, who is living in a 2025 very different than the one Costa is living in. In this parallel 2025 a global hi-tech uprising, begun in the wake of the collapse of 2008, has birthed a post-capitalist world in which work, money, land, digital networks and politics have been truly democratized. Banks have been eliminated, as well as predatory, data-mining digital monopolies; the gig economy is no more; and the young are free to experiment with different careers and to study ”non-lucrative topics, from Sumerian pottery to astrophysics.” Intoxicated, Costa travels to England to tell Iris, his old comrade, and her neighbor, Eva, a recovering banker turned neoliberal economics professor, of the parallel universe he has discovered. Costa eventually leads them back to his workshop in America where Iris and Eva meet their own doubles, and confront hard truths about themselves and the daunting political challenge that "the Other Now" presents. But, as their obsession with the Other Now deepens, time begins to run out, as the wormhole begins to deteriorate and hackers begin to unleash new attacks on Costa’s technology. The trio have to make a choice: which 2025 do they want to live in? Varoufakis has been claiming for a while that we already live in postcapitalist times. That, since the 2008 crisis, capitalism has been morphing into technofeudalism. Another Now, a riveting work of speculative fiction, shows that there is a realistic, democratic alternative to the technofeudalpostcapitalist dystopia taking shape all around us. It also confronts us with the greatest question: how far are we willing to go to bring it about?




The Future Is Now: An Introduction to Prefigurative Politics


Book Description

This edited collection analyses the unique characteristics of urban gardens, worker-owned coops, ecological communities, occupied factories and other social movements to demonstrate what we can learn from them in order to rethink our economies and societies.




Capitalism and the Alternatives


Book Description

Thirty years after its global triumph, neo-liberalism is an abject failure. While its advocates have succeeded in convincing citizens that no other way is possible, that no left turn can be made without an economic collapse, they have not fulfilled their promises of a better world and the result has been more inequality, insecurity, and speculation. Many have sought solace in collective goals – nationalism, narrow religion, and gender politics – while notions of universal solidarity, idealism, and humanism have all but disappeared. In Capitalism and the Alternatives Julius H. Grey seeks to rehabilitate economic equality as a fundamental social goal built on universal values such as individualism, liberty, and even romanticism. To achieve this, he argues, it is necessary to move away from national, ethnic, religious, and even gender loyalties. The importance in each society of common culture and widely accepted moral values, Grey suggests, cannot be overstated. With its rampant political correctness, the modern left seems to have lost sight of morality and individual freedom. While most commentators stake out a partisan position in their criticism, Grey's notion of individual romanticism as the basis of a socially progressive society and his stress on free will, culture, classical education, and the right to dissent demand an overhaul of both the right and the left. A fundamental rethinking of the social, political, and economic foundations of modern industrial society, Capitalism and the Alternatives proposes freedom from identity, instead of communitarianism and tradition, as a condition for liberty and justice.




Alternatives to Capitalism


Book Description

The essays in this provocative collection survey and assess institutional arrangements that could be alternatives to capitalism as it exists today. The agreed point of departure among the contributors is that on the one hand, capitalism leads to unemployment, a lack of autonomy in the workplace, and massive income inequalities; while on the other hand, central socialist planning is characterized by underemployment, inefficiency, and bureaucracy. In Part I, various alternatives are proposed: profit-sharing systems, capitalism combined with some central planning, worker-owned firms in a market economy, or the introduction of the elements of market economy into a centrally planned economy as has occurred recently in Hungary. Part II provides a theoretical analysis and assessment of these systems.




Capitalism and Its Alternatives


Book Description

The global economic crisis has catalysed debates about the merits of capitalism as a system for organizing production, distribution and exchange. Political elites have argued that capitalism is not fundamentally pernicious or crisis-prone and can be successfully reformed with the right set of policies. Conversely, many have argued that a wholesale change of attitude towards the status and creation of wealth in contemporary society is required if crises of this kind are to be prevented in the future. In Capitalism and Its Alternatives, Chris Rogers provides a critical introduction to theories of capitalism and to the forms of its crises in historical and contemporary contexts, as well as reflecting on the practice of anti-capitalism and the ways that economic and social relations are shaped, reshaped and resisted. Crucially, the book asks two key questions: What alternatives to capitalism exist? And by what processes and through what institutions might they be achieved?




How to Be an Anticapitalist in the Twenty-First Century


Book Description

What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values—equality and fairness, democracy and freedom, community and solidarity—can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author’s close friend and collaborator Michael Burawoy.




A World without Capitalism?


Book Description

In this book, Christian W. Chun examines the ways in which identities, discourses, and topographies of both capitalist and anti-capitalist imaginaries and realities are embodied in the everyday practices of people. A World without Capitalism? is a sociolinguistic ethnography that explores the heretofore limited research in applied linguistics and sociolinguistics on the discursive and materialized representations and enactments of capitalism. Engaging across disciplinary fields, including applied linguistics, ethnography, political economy, philosophy, and cultural studies, Chun investigates in ethnographic detail how capitalism does and does not pervade people’s everyday experiences. This book aims to further contribute to a much-needed understanding of how discourses operate in the co-constructions of capitalist and anti-capitalist imaginaries and instantiated realities and practices as narrated, lived, and embodied by people and material artifacts. This book is vital reading for students and researchers working in the fields of applied linguistics, discourse analysis, and cultural studies, as well as those interested in understanding capitalism and questioning how to live beyond it.