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The Capitalism Papers: Fatal Flaws of an Obsolete System, by Jerry Mander
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In the vein of his bestseller, Four Arguments for the Elimination of Television, nationally recognized social critic Jerry Mander researches, discusses, and exposes the momentous and unsolvable environmental and social problems of capitalism.
Mander argues that capitalism is no longer a viable system: “What may have worked in 1900 is calamitous in 2010.” Capitalism, utterly dependent on never-ending economic growth, is an impossible absurdity on a finite planet with limited resources. Climate change, together with global food, water, and resource shortages, is only the start.
Mander draws attention to capitalism’s obsessive need to dominate and undermine democracy, as well as to diminish social and economic equity. Designed to operate free of morality, the system promotes permanent war as a key economic strategy. Worst of all, the problems of capitalism are intrinsic to the form. Many organizations are already anticipating the breakdown of the system and are working to define new hierarchies of democratic values that respect the carrying capacities of the planet.
- Sales Rank: #791078 in eBooks
- Published on: 2013-05-01
- Released on: 2013-05-01
- Format: Kindle eBook
Review
Praise for "The Capitalism Papers"
"Refreshing and informative, these papers are a cogent rally cry and eloquent assessment of America's--and the world's--current predicament, dismal prospects, and hope for a way out." --"Publishers Weekly"
Praise for "The Capitalism Papers"
"In Mander's provocative newest, the environmentalist, social critic, and author of "1977's Four Arguments for the Elimination of Television" predicts the impending failure of the capitalist "experiment," one based on infinite expansion and unable to meet the challenges of climate change, peak oil, finite resources, and a rising global population. Mander lambasts the "intrinsic amorality" of capitalism, arguing that its focus on amassing wealth at any cost has abetted the rise of the incredibly lucrative military-industrial complex, and the practice of "so-called democratic governments...catering to and facilitating the interests of the ultra-rich." Arguing that "cooperation must replace competition," Mander's concerns transcend party lines and established ideologies. As such, he closes with a compelling discussion of four ideas that he believes might blaze a trail away from capitalism and toward sustainable economic models: he suggests a refocusing on the limits of our planet, an emphasis on localization (as opposed to globalization), improved corporate structures, and a dismissal of the current black-and-white notion of capitalism vs. socialism. Refreshing and informative, these papers are a cogent rally cry and eloquent assessment of America's--and the world's--current predicament, dismal prospects, and hope for a way out." --"Publishers Weekly"
Praise for "The Capitalism Papers"
"In Mander's provocative newest, the environmentalist, social critic, and author of "1977's Four Arguments for the Elimination of Television" predicts the impending failure of the capitalist "experiment," one based on infinite expansion and unable to meet the challenges of climate change, peak oil, finite resources, and a rising global population. Mander lambasts the "intrinsic amorality" of capitalism, arguing that its focus on amassing wealth at any cost has abetted the rise of the incredibly lucrative military-industrial complex, and the practice of "so-called democratic governments...catering to and facilitating the interests of the ultra-rich." Arguing that "cooperation must replace competition," Mander's concerns transcend party lines and established ideologies. As such, he closes with a compelling discussion of four ideas that he believes might blaze a trail away from capitalism and toward sustainable economic models: he suggests a refocusing on the limits of our planet, an emphasis on localization (as opposed to globalization), improved corporate structures, and a dismissal of the current black-and-white notion of capitalism vs. socialism. Refreshing and informative, these papers are a cogent rally cry and eloquent assessment of America's--and the world's--current predicament, dismal prospects, and hope for a way out." --"Publishers Weekly"
"This is a bold, much-needed book. On a subject where others are too often abstract or strident, Jerry Mander writes with a down-to-earth common-sense wisdom. I particularly like the way he weaves together his own experience in business and advertising with a large-spirited awareness of so many dimensions of the fragile planet we live on." --Adam Hochschild, author of "King Leopold's Ghost"
"Jerry Mander's "The Capitalism Papers" is a book of astonishing clarity and all-too-rare honesty. In an age where our major institutions are in collapse as our environment crumbl
About the Author
Called the the patriarch of the anti-Globalization movement by The New York Times, Jerry Mander was Founder and is a Distinguished Fellow of the International Forum on Globalization. He also spent 15 years in the advertising business as president of Freeman, Mander & Gossage, including producing the famous Sierra Club campaigns of the 1960s that saved the Grand Canyon. He has BS and MS degrees in international economics, and he lives in Northern California.
Most helpful customer reviews
55 of 58 people found the following review helpful.
So What's the Alternative?
By Russell Faure Brac
In this book Jerry Mander deconstructs capitalism in a blistering critique. He grants that capitalism functioned relatively well in the US until the early 1900's because there was geographic room to expand and resources were plentiful. But now we have run out of room and we are hitting the limits of unending growth, on which capitalism is based.
The most common question Jerry is asked is, "So what is the alternative?" In his reply he presents a few ideas that need to be considered in searching for the answer:
1) Nature comes first. We need to live within the carrying capacity of the Earth in a steady state economy.
2) Localization. Economic activity and governance should be achieved at the lowest possible level: local, regional, state and only then, national.
3) New corporate structures. New forms of corporations need to be developed that go beyond traditional capitalism or socialism.
4) Hybrid economics. We may need a mixed economy combining free-market private enterprise, centralized planning and state-owned businesses.
I have two main comments. First, it is possible to lay out a more detailed alternative economic system. David Korten has done this in a book which proposes a Main Street-based rather than a Wall Street-based economy, meaning that business would be mostly decentralized and the existing stock market system would be radically modified. By David C Korten: Agenda for a New Economy: From Phantom Wealth to Real Wealth Second (2nd) Edition
Second, when our existing form of capitalism inevitably collapses, what happens with our military system? National security spending currently consumes more than half of all federal discretionary spendingl. If defense spending were, say, cut in half, we would have to close most of our foreign military bases, significantly reduce spending on weapons development and invade fewer, if any foreign countries. Would we then have our national security pants down or would we don a new set of clothes? I have addressed this topic in my recently published book Transition To Peace: A Defense Engineer's Search For An Alternative To War
What is certain is that we need to search for new economic answers in the uncharted waters of the future. Perhaps someday Jerry will be able to write The Localization Papers, Widely Shared Benefits of a New Economy.
44 of 48 people found the following review helpful.
Brilliant! THE message for our times
By Janet Ash
This book tells it like it is - from every angle imaginable -- why capitalism is destroying the environment, our communities, our well-being, and our very humanity. The author, Mander, writes about complex issues in a conversational style with honesty and directness. Some of this stuff everyone already knows in a vague, unsettling sort of way, but this book provides data and examples that show exactly why and how the one percent got to be where they are why there is no way to stop them, short of dismantling the whole destructive system known as "capitalism." Basically, it's not about the "one percent" themselves - it's about THE SYSTEM. The book does a great job explaining how this all works.
It also presents entirely novel perspectives, such as using the macroeconomic concept of "comparative advantage" to explain why the U.S. must continually manufacture and sell arms - and why we will always be at war. In fact, a whole chapter is devoted to the connection between capitalism and militarism, which is a huge connection that is rarely discussed.
Overall, the author's viewpoint emerges from an environmental perspective - we cannot continue to plunder the finite resources of our planet in order to meet the fairy-tale needs of an ever-expanding economy. It's a no-brainer, and yet it is THE message of our era, and long overdue.
17 of 17 people found the following review helpful.
Book ties together other notable books
By J. Rizk
When I started reading this book, I realized I was starting to finally understand the big picture known as Capitalism. Reading "Confessions of an Economic Hit Man" by John Perkins, I was stunned to find out what the U.S. was doing to other countries, "Web of Debt" by Ellen Hodgson Brown discusses the Federal Reserve and our money system and lastly "Tar Sands" by Andrew Nikiforuk describes the destruction of our planet's natural resources to keep oil for the U.S. plentiful. These are just three of many fine books that discuss in depth parts of the overall problem which is Capitalism. This particular book brings it all together in a very readable, easily understood way. We all know at the core that what's happening is unsustainable and this book explains why.
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