Showing results for "Ideologies" in Social Classes & Economic Disparity

Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the "experts." Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory.

Between 1920 and 1950, America saw an unprecedented expansion of wealth and power underwritten by technological innovation, cultural confidence, and victory in war. American elites won World War II, rebuilt the world order with America at its head, inaugurated the jet age, and put a man on the moon. The boom led to a larger, richer middle class that confirmed America’s best ideals. By the early 1970s, that ended. American elites have captured a disproportionate share of the social and economic rewards over the last fifty years.

Abramowitsch hat eine, der Emir von Abu Dhabi auch, Jeff Bezos sowieso: Superyachten sind Ausweis der Zugehörigkeit zum Club der "lucky few". Sie ermöglichen grenzenlose Mobilität und exklusiven Geltungskonsum. Zugleich sind sie schwimmende Umweltsünden. Sie verbrennen Unmengen Treibstoff, ihre Anker zerstören kostbare Flora. Und sie sind Spielfelder obszöner Ungleichheit: Während ihre Besitzer zu den einflussreichsten Menschen der Welt gehören, ist das Bordpersonal oft Willkür und Rechtlosigkeit ausgeliefert.

An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People's Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.