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|a UAMI
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|a Nasser, Alan,
|d 1940-
|e author.
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|a Overripe economy :
|b American capitalism and the crisis of democracy /
|c Alan Nasser.
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|a London :
|b Pluto Press,
|c 2018.
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|a 1 online resource (xii, 308 pages)
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|a text
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|a Introduction -- 1. The Nineteenth Century: Framework Stimulants, Destructive Competition and the Making of Oligopoly Capitalism -- 2. Working-Class Resistance, the State-Supported Capitalist Response, the Mechanization of Industry and the Defeat of Organized Labor -- 3. The 1920s: The Dynamics of Mature Industrial Capitalism -- 4. The 1930s and the Great Depression -- 5. The Rise and Fall of the Golden Age -- 6. The New Financialization: Debt, Investment and the Financialized Firm -- 7. The Landscape of Austerity: Polarization, the Destruction of Jobs, and the Emerging Police State -- 8. Conclusion -- Appendix A: Economic Maturity adn Disaccumulation--A Mildly Wonkish Summation -- Appendix B: What Keynes Really Prescribed.
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|a Overripe Economy is a genealogy of a finance-ridden, authoritarian, austerity-plagued American capitalism, from industrialization to the present. This panoramic political-economic history of the country surveys the ruthlessly competitive capitalism of the nineteenth century, the maturation of industrial capitalism in the 1920s, the rise and fall of capitalism's Golden Age and the ensuing decline towards the modern era. Alan Nasser shows why the persistent austerity of financialized neoliberal capitalism is the natural outcome of mature capitalism's evolution, revealing the key structural and political vulnerabilities of capitalism itself and pointing towards the kind of system that can transcend it. At the center of this argument is capitalism's ultimatum: either a "new normal" of persistent austerity, declining democracy and a privatized state, or a new system characterized by an economic democracy that ensures higher wages and a shorter working week for all -- back cover.
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|a This is the history of the development of the profoundly undemocratic American Capitalism.
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|b Books at JSTOR All Purchased
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|a Capitalism
|z United States.
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|a Democracy
|z United States.
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|a United States
|x Economic conditions.
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|a États-Unis
|x Conditions économiques.
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|a HISTORY
|x General.
|2 bisacsh
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|a Economic history.
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|a United States.
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