Customer Reviews for

The Decline of Capitalism: Can the Self-Regulated Profits System Survive?

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
Page 1 of 1
  • Posted June 18, 2009

    more from this reviewer

    I Also Recommend:

    Fine attack on capitalism's failure

    American economist Harry Shutt has written a fine study of capitalism's absolute decline.

    Governments have licensed finance companies to create credit while pledging to underwrite their losses. Unsurprisingly then, a 'spirit of grasping criminality' pervades the ruling class.

    The state has increasingly subsidised private enterprise, through funding the military industries, privatisations, and bail-outs of banks and other finance companies. Governments encouraged companies to cut back the safer pay-as-you-go state pension schemes in favour of funded schemes (invested, or rather gambled away, in the stock market), which we subsidise through tax breaks (£14 billion a year) and bail-outs of failed schemes.

    The wave of mergers, worth $3 trillion in 2000, added little or no value to the real economy. It stripped assets and destroyed jobs, to the benefit of corporate executives (often primed by bribes, bonuses and share options) and those who plundered fees and commissions from all these dodgy deals. As management guru Peter Drucker commented mordantly, "Dealmaking beats working."

    Under capitalism, even rising productivity does not increase demand, because a smaller number of workers means a lower total income. Governments practise 'supply side economics' - all you have to do is remove controls on capital, money and credit, and cut taxes on business - and the economy will flourish. Worked well, hasn't it?

    Shutt points out that policies are "creating the condition for an unavoidable financial crisis - which is thus bound to be on a scale far greater than any previous one."

    What kind of economy do we want? All too often, people say there's no alternative. But there is and it's blindingly obvious - an economy not dependent on credit bubbles, an economy based on producing the goods we want, an economy with jobs for all who can work, an economy with decent, well-funded services, an economy where resources are invested not wasted, an economy where labour controls capital and industry controls finance, not vice versa, and an economy based on equity and cooperation not inequality and competition.

    Was this review helpful? Yes  No   Report this review
Sort by: Showing 1 Customer Reviews
Page 1 of 1