Capitalism and its Critics by Delanty, Gerard; Harris, Neal;

Short description:

Capitalism and its Critics offers an accessible account of major theories of capitalism from the industrial revolution to the present day. The book provides a comprehensive account of the economic and social thought of key theorists from Adam Smith and Karl Marx to David Harvey and Thomas Piketty.

Long description:

Capitalism and its Critics offers an accessible account of major theories of capitalism from the industrial revolution to the present day. The book provides a comprehensive account of the economic and social thought of key theorists from Adam Smith and Karl Marx to David Harvey and Thomas Piketty.

Capitalism has long been the subject of passionate debate, and today such contestations are perhaps more timely than ever. For its advocates, capitalism brings democracy and freedom and is the cornerstone of modernity and of progress. For its critics, capitalism is based on the exploitation of labour and is responsible for the destruction of the environment as well as colonialism. Whether capitalism survives the century, or whether an alternative social system emerges, may very well determine the fate of humanity. Capitalism and its Critics gives a comprehensive critical analysis of the most important theorists of capitalism, including Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, Karl Polanyi, F.A. Hayek, J.M. Keynes, David Harvey, and Thomas Piketty. The book discusses some of the main debates about capitalism and considers alternatives in the twenty-first century. The 12 chapters are loosely chronologically organised around the main approaches and historical phases in the history of capitalism. Central themes of the book are the ideas of capitalist crisis and of tensions between democracy and capitalism in the making of modernity.

A highly readable, informative and engaging text, Capitalism and its Critics is essential reading for anyone interested in understanding capitalism and its alternatives.

"Amid so much empty rhetoric and shallow theory about capitalism, pro and contra, Delanty and Harris have provided us with a book that is as lucid as it is incisive. Understanding capitalism as an intrinsically historical phenomenon, they trace its development as a concrete historical formation but also explore the evolutions in theory that have sought to understand it. This is a book that should be read widely especially by those today who would seek to create a politics to confront the destructive effects of capital."

Michael J. Thompson, Professor of Political Theory, William Paterson University, USA

"This outstanding book is a comprehensive guide to theories and critiques of capitalism, by two leading critical theorists."

William Outhwaite, Emeritus Professor of Sociology, University of Newcastle, UK

"In concise and clear prose, Delanty and Harris line up all the great authors of the past to understand the past, present and future of capitalism. This is the book you need if you want to anticipate the coming crash!"

Frederic Vandenberghe, Professor of Sociology, Federal University of Rio de Janeiro, Brazil

Table of Contents:

Introduction: Capitalism, Crisis and Critique  1 From Smith to Marx: Marx?s Critique of Capitalism  2 Weber and the Iron Cage of Modern Capitalism  3 Schumpeter and Capitalist Crisis  4 Karl Polanyi and the Moral Critique of Capitalism  5 F. A. Hayek and the Emergence of Neoliberalism  6 The Rise and Fall of Organized Capitalism: J. M. Keynes and Social Liberalism  7 The Frankfurt School: Capitalism, Reason and Desire  8 Late Capitalism and Capitalist Crises  9 The Hidden Abodes of Capitalism: Environment, Gender, ?Race?  10 Neoliberalism Triumphant: The New Spirit of Capitalism, Networks, Globalisation  11 The Financial Crisis and Austerity Capitalism: Responses from Thomas Piketty and David Harvey  12 The End of Capitalism: Contemporary Critiques of Capitalism