And the final distinctive aspect of the table is the identification of so many books – almost 50 covering most of squares…
I have selected the books which appear in the table according to whether they portray a world of “perfect competition” in which, according to the theory, no one has any power or, at the other extreme, a world of large companies and groups exercising power (legal and illegal).
We are prone these days to use ideological labels too easily – so I want to avoid that by using less obvious labels.
Some academic disciplines, of course, like economics, are almost exclusively associated with one school (market) whereas others are more pluralist
The
table is, however, a good example of what post-modernism has done to us
Key Texts about the future of capitalism – by academic discipline and “approach”
Academic Discipline |
1.
Critical-Realist |
2.
Mixed approach |
3.
“market theoreticians” |
Economics |
Debt and Neo-Feudalism; Michael Hudson (2012) Credo – economic beliefs in a world of crisis; Brian Davey (2015). Davey is not a career or conventional economist!
23 Things they didn’t
tell you about capitalism; Ha Joon-Chang (2010) |
People, Power and Profits
– progressive capitalism for an age of discontent;
Joseph Stiglitz (2019) The Future of Capitalism
– facing new anxieties; Paul Collier (2018) Shifts and Shocks – what
we’ve learned, and still have to, from the financial crisis; Martin Wolf (2014) Conceptualising
Capitalism – institutions, evolution, future; Geoff Hodgson (2015)
|
Why Globalisation Works; Martin Wolf (2004)
most
of the discipline |
Economic history
|
Capitalism and its
Economics – a critical History; Douglas Dowd (2000) Never Let a Good Crisis go to waste; Philip Mirowski (2013)
|
|
Economic
historians by definition have a strong sense of political and other
institutions |
Political economy |
Inside Capitalism – an
intro to political economy; Paul Phillips (2003) Susan
Strange -
States and Markets (1988) -
Casino Capitalism ; (1986) -
The Retreat of the State (1994)
|
Austerity – the history
of a dangerous idea; Mark Blyth (2013)
- And the Weak Suffer what
they must – Europe, austerity and the threat to global stability
(2016) - The Global Minotaur
(2012)
|
The
discipline still rediscovering itself but, again, by definition, has a strong
sense of the importance of institutions |
Political Science
|
Crisis without End - the
unravelling of western prosperity: A Gamble (2014) Democracy Incorporated – managed democracy and the spectre of inverted totalitarianism; Sheldon Wolin (2008) |
Paul
Hirst eg Revisiting Associative
Democracy; ed Westall (2011). The Great Disruption – human nature and the reconstitution of social order; Francis Fukuyama (1999) Mammon’s Kingdom – an essay on Britain, Now; David Marquand (2015) |
Only
a few brave pol scientists trespass into the economic field – although it is
becoming more fashionable |
Policy analysis/Think Tanks |
|
“The
Locust and the Bee – predators and creators in capitalism’s future”; G Mulgan
(2015) |
An Intro to Capitalism (IEA 2018) |
Sociology |
Wolfgang Streeck. -
How will Capitalism End?;
(2016) -
Buying Time – the delayed
crisis of democratic capitalism (2013) End of capitalism? Michael Mann (2013) Capitalism; Geoff Ingham (2008)
|
Vampire Capitalism –
fractured societies and alternative futures;
Paul
Kennedy (2017)
|
The
sociological voice is still inspired by C Wright Mills, Veblen, Weber and
Durkheim |
Geography |
David Harvey -
Seventeen Contradictions and the End of Capitalism (2014) -
The Enigma of Capital (2010) -
A Brief History of
Neo-Liberalism (2005).
|
Danny Dorling -
A Better Politics – how
government can make us happier (2016 -
Injustice (2014) |
The
geographers are a bolshie lot - with a strong sense of geo-politics |
Environment |
Come On! Capitalism,
short-termism, population and the destruction of the planet;
(Club of Rome 2018).
|
Why we can’t agree about
Climate Change;
Mike Hulme (2009) Natural Capitalism – the next industrial revolution; Paul Hawken (1999) |
they
pride themselves on their technocracy |
|
|
|
|
Management and man’t studies |
“The
Dictionary of Alternatives – utopianism and organisation”; M Parker (2007) |
Rebalancing Society; Henry Mintzberg (2014) Peter
Senge Charles
Handy |
Most
mant writers are apologists – apart from the critical mant theorists
|
Religious studies |
Laudato-Si – Pope Francis’
Encyclical (2015). Accessible in its entirety here
|
The Crisis of global
capitalism – Pope Benedict XVI’s social encyclical and the future of
political economy; ed A Pabst (2011)
|
Questions of Business
Life;
Higginson (2002) |
Psychology |
Herbert Marcuse What about me – the
struggle for identity in a market based society?; Paul Verhaeghe (2014) |
|
|
Journalism |
Post
Capitalism – a guide to our Future; Paul Mason (2015) …. The Capitalism Papers – Fatal Flaws of an Obsolete System; Jerry Mander (2012).
|
How
Good Can we be – ending the mercenary society
Will Hutton (2015) Capitalism 3.0 Peter Barnes (2006) |
They
don’t enjoy the tenure of the academics (altho Hutton is a college Director) |