Dying for Capitalism
This is an original, accessible book for scholars, students, activists, and the general public on the greatest crisis the world has faced. The authors challenge the widespread notion that a green and peaceful set of technological reforms in the current economic and political system – perhaps a “green capitalism” – can prevent disaster. Dying for Capitalism analyzes the “triangle of extinction” that links capitalism, environmental destruction, and militarism as a system that cannot sustain life on the planet. The authors analyze how the extinction triangle evolved historically, how it functions globally as integral to the world capitalist order, and how the United States has become the dominant “extinction nation.” They also show how recent anti-democratic and anti-scientific cultural and political forces intensify denial of the threat and subordinate health and survival to profit and extreme concentrated power. The book offers a “slender path” of social and political transformation that can prevent catastrophe. The path requires moving beyond current ruling systems. But possibilities of survival arise from action at local, state, regional, and global levels through multiple strategies and movements that already exist. The authors draw on the history of abolitionism and emancipation from slavery in the United States to show how a system that appears unchangeable can be transformed, while describing organizations, movements, and practices that are models of hope and a shift from the triangle of extinction to the “circle of creation.”
Deaths of Despair and the Future of Capitalism
A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.
Murdered by Capitalism
A San Francisco Chronicle Best Book of 2004 After spilling bourbon on Schnaubelt's grave, its pugnacious and very dead occupant becomes Ross's mentor, sidekick, and boozing companion through this epic telling of the hallucinatory, carnal, and ornery histories of the American Left and John Ross's own remarkable life. Schnaubelt navigates us through his seemingly boundless revolutionary battleground, uttering cries of subversion from within the grave while trying to remain out of earshot from the FBI snoop and local supermarket tycoon buried nearby. Ross's own story--hobo revolutionist, junkie, poet, and journalist is a contrapuntal to Schnaubelt's. Ross never takes himself too seriously, yet his most remarkable trait is the honesty with which he approaches life, even while trying to deconstruct his own faults, personal tragedies (including the death of his one-month-old son), and imperfections. His pursuit of revolutionary politics and poetics is the constant, often spent with his muse, Revolutionary Mexico. Ross concludes with a trip to Baghdad as a "human shield," before the Anglo-American invasion, ready to sacrifice his life as part of his perpetual struggle for justice. Award-winning writer John Ross's memoir is inspired from a tumbledown tombstone in California: The headstone reads: E. B. Schnaubelt 1855-1913, "Murdered by Capitalism."
The Myth of Capitalism
The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
A Capitalism for the People
Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment—paired with rampant nepotism and cronyism—on a country's economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times personal argument that the roots of American capitalism are dying, and that the result is a drift toward the more corrupt systems found throughout Europe and much of the rest of the world. American capitalism, according to Zingales, grew in a unique incubator that provided it with a distinct flavor of competitiveness, a meritocratic nature that fostered trust in markets and a faith in mobility. Lately, however, that trust has been eroded by a betrayal of our pro-business elites, whose lobbying has come to dictate the market rather than be subject to it, and this betrayal has taken place with the complicity of our intellectual class. Because of this trend, much of the country is questioning—often with great anger—whether the system that has for so long buoyed their hopes has now betrayed them once and for all. What we are left with is either anti-market pitchfork populism or pro-business technocratic insularity. Neither of these options presents a way to preserve what the author calls “the lighthouse” of American capitalism. Zingales argues that the way forward is pro-market populism, a fostering of truly free and open competition for the good of the people—not for the good of big business. Drawing on the historical record of American populism at the turn of the twentieth century, Zingales illustrates how our current circumstances aren't all that different. People in the middle and at the bottom are getting squeezed, while people at the top are only growing richer. The solutions now, as then, are reforms to economic policy that level the playing field. Reforms that may be anti-business (specifically anti-big business), but are squarely pro-market. The question is whether we can once again muster the courage to confront the powers that be.
