ABSTRACT

While there are signs of recovery from recent economic collapses, relatively few protective measures are in place in the United States to prevent future crises and widespread destruction of livelihoods around the globe.

This book, a follow-up and further development of Martin’s and Torres’ ideas in their acclaimed Savage State: Welfare Capitalism and Inequality, contains a synthesis and critique of economic theory with historical case studies and new discourse on American globalism and its failures to provide for the economic security of millions of people. Since the original publication over ten years ago, there has been a resurgence in radical political economy and critical theory. Instead of "demonizing" the market, Capitalism and Critique draws lessons from the new directions in social theory and seeks clear solutions for future modes of capitalism.

chapter |10 pages

Introduction

chapter 1|6 pages

On the Priority of Wage Labor

chapter 2|8 pages

Robert Owen and Utopian Thought

chapter 3|10 pages

A Democratic Capitalism?

Ricardian Socialism and Beyond

chapter 5|12 pages

The Conundrum of Marx’s Theory of Value

chapter |16 pages

Conclusion

Against Capital: Unruly Democracy and Popular Economics