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Does Capitalism Have a Future? by Immanuel Maurice Wallerstein; Randall Collins; Michael Mann; Georgi M Derluguian; Craig Calhoun is a book available to read on EtoBox.

What is Does Capitalism Have a Future? about?

In Does Capitalism Have a Future?, a global quintet of distinguished scholars cut their way through to the question of whether our capitalist system can survive in the medium run. Despite the current gloom, conventional wisdom still assumes that there is no real alternative to capitalism. The authors argue that this generalization is a mistaken outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism. All major historical systems have broken down in the end, and in the modern epoch several cataclysmic events-notably the French revolution, World War I, and the collapse of the Soviet bloc-came to pass when contemporary political elites failed to calculate the consequences of the processes they presumed to govern. At present, none of our governing elites and very few intellectuals can fathom a systemic collapse in the coming decades. While the book's contributors arrive at different conclusions, they are in constant dialogue with one another, and they construct a relatively seamless-if open-ended-whole. Written by five of world's most respected scholars of global historical trends, this ambitious

Author

Immanuel Maurice Wallerstein; Randall Collins; Michael Mann; Georgi M Derluguian; Craig Calhoun

Publisher

Oxford University Press Inc

Published

2013

Language

EN

ISBN

9780199330867

Subjects

Political Science, Economics, Business

Rating

3.79 / 5 (66 ratings)

Updated

2026-03-14