After Capitalism / Edition 1

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Overview

In After Capitalism, David Schweickart moves beyond the familiar arguments against globalizing capitalism to contribute something absolutely necessary and long overdue -- a coherent vision of a viable, desirable alternative to capitalism. He names this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance. Drawing on both theoretical and empirical research, Schweickart shows how and why this model is efficient, dynamic, and superior to capitalism along a range of values.
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Editorial Reviews

Science and Society
If a well-read non-socialist leftist were to ask me for the best current book on socialism, I'd recommend After Capitalism.
Richard Schmitt
Only the most fanatical adherents of the 'free market' orthodoxy will now say that 'there is no alternative.' After Capitalism is extremely clear and free of technical jargon so that it should be readily accessible to any reader. The book seems to me to be the best celebration of the 150th anniversary of the Communist Manifesto.
Thomas E. Weisskopf
At a time when American-style capitalism appears to be unassailable, this very readable book is a timely reminder that there really is an alternative. After Capitalism is full of hope but, importantly, also full of reason. Schweickart's concept of Economic Democracy provides a compelling vision for everyone distressed by the enormous waste of human potential that characterizes capitalism as we know it.
Thomas Sheehan
This brilliant and elegant tour de force makes a clear and compelling case for economic democracy and confirms David Schweickart as the leader in the field.
John F. Manley
David Schweickart uniquely joins a devastating critique of capitalism with a practical program for a democratic alternative, making After Capitalism a worthy successor to the work of Karl Marx. No one interested in implementing an alternative to capitalism can afford to ignore this landmark work.
Clayton Morgareidge
After Capitalism makes the clearest case I have seen that capitalism leads nowhere but to moral, social, and environmental catastrophe. Yet it inspires hope by describing a realistic and sensible way to put our productive lives in our own hands instead of at the service of capital accumulation. Schweickart's accessible book will enlighten students and political activists about how the world works while opening new paths for its transformation.
Bruno Jossa
For anybody who thinks that capitalism leads to economic and moral catastrophe David Schweickart’s book is a formidable critique of capitalism and an excellent exposition of economic democracy as a new mode of production which may supersede the system in which we live. After Capitalism is a book full of hope for the critics of capitalism and a book which must be read by all socialists. It shows that there is a valuable alternative to capitalism and argues that the labour managed firm is better that the capitalistic one for a number of reasons, all of great importance. A system of democratic firms is the realization of socialism according to a marxist vision and, after the breakdown of central planning in Eastern Europe, may contribute to the revival of marxism in a new democratic form. After capitalism is an accessible book for students and anybody who is interested in politics and explains also the way we may follow to realize the new system.
Carl Davidson
David Schweickart's After Capitalism is both visionary and practical. Lucidly written, its serves well in the college classroom or in a discussion group of workers wanting to know what socialism is all about (I've tried it, and they loved it!). This new addition enhances the first by dealing with the current meltdown, and offering an alternative to all concerned with winning the battles for democracy. It's simply the best modern book on the topic.
Gar Alperovitz
By far the most sophisticated, detailed and illuminating book yet to appear on a new vision for 21st century socialism. Must reading for anyone serious about building a meaningful progressive future.
J. Todd Wilson
Any revolutionary movement has to contend with three cardinal questions: What's wrong with the present system? What does a worthy successor look like? And how do we get there? After Capitalism by David Schweickart provides clear and compelling answers to all three, delivered in a wonderfully engaging and understandable style. If you've ever wondered whether we can do better than capitalism, read this book!
Science & Society
If a well-read non-socialist leftist were to ask me for the best current book on socialism, I'd recommend After Capitalism.
CHOICE
Over some 30 years, Schweickart (Loyola Univ. Chicago) has defended and developed a vision of a democratic market socialism as a viable alternative to capitalism. With PhDs in both mathematics and philosophy, Schweickart has the tools to critically evaluate relevant arguments, both economic and ethical. In the first edition of After Capitalism (2002), Schweickart sought to present his case in a manner accessible to a general audience and to academic specialists. The second edition remains accessible to a general audience, but adds valuable discussions on the instability of capitalism, the current global crisis, different responses to this crisis in different parts of the world, and what may be an emerging Chinese version of market socialism. As in his earlier works, Schweickart writes with vigor and clarity. He has a gift for presenting abstract and complex material in a way that nonspecialist readers can understand. Readers who finish this book not yet ready to embrace Schweickart's vision for the future nonetheless will have a much richer understanding of the current crisis, the underlying causes of the crisis, and alternative possibilities. Summing Up: Recommended. Lower-level undergraduates and above; general readers.
The Bloomington Alternative
Schweikart’s book After Capitalism is an imaginative handbook for creating a socialist American society that succeeds capitalism. It describes in down-to-earth detail a replacement for capitalism that he calls "economic democracy" and how we can bring it about. The book is an entertaining and informative tour de force, with a lot of careful thought behind it. Only reading it can do justice to its complexity.
Choice
Over some 30 years, Schweickart (Loyola Univ. Chicago) has defended and developed a vision of a democratic market socialism as a viable alternative to capitalism. With PhDs in both mathematics and philosophy, Schweickart has the tools to critically evaluate relevant arguments, both economic and ethical. In the first edition of After Capitalism (2002), Schweickart sought to present his case in a manner accessible to a general audience and to academic specialists. The second edition remains accessible to a general audience, but adds valuable discussions on the instability of capitalism, the current global crisis, different responses to this crisis in different parts of the world, and what may be an emerging Chinese version of market socialism. As in his earlier works, Schweickart writes with vigor and clarity. He has a gift for presenting abstract and complex material in a way that nonspecialist readers can understand. Readers who finish this book not yet ready to embrace Schweickart's vision for the future nonetheless will have a much richer understanding of the current crisis, the underlying causes of the crisis, and alternative possibilities. Summing Up: Recommended. Lower-level undergraduates and above; general readers.
Philosophy in Review
Many book-cover blurbs urge that no one interested in its field can afford to ignore the pages within: here, for once, there would be no element of exaggeration. This book provides a clear and persuasive argument for why practically no one should resign themselves to the evils of capitalism.
Future Survey
A fresh take on a familiar argument.
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Product Details

  • ISBN-13: 9780742513006
  • Publisher: Rowman & Littlefield Publishers, Inc.
  • Publication date: 6/28/2002
  • Series: New Critical Theory Series
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 218
  • Sales rank: 1,199,565
  • Product dimensions: 0.50 (w) x 9.00 (h) x 6.00 (d)

Meet the Author

David Schweickart is professor of philosophy at the Loyola University of Chicago and holds Ph.D.s in both philosophy and mathematics. He is author of Against Capitalism (Cambridge University Press, 1993) and Capitalism or Worker Control? An Ethical Economic Appraisal (Praeger, 1980), and co-author of Market Socialism: The Debate Among Socialists (Routledge, 1998).

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Table of Contents

List of Figures
Preface
1 Counterproject, Successor-System, Revolution 1
2 Justifying Capitalism 21
3 Economic Democracy: What It Is 45
4 Capitalism and Its Discontents 87
5 Economic Democracy: Why We Need It 127
6 Getting from Here to There 161
Bibliography 181
Index 187
About the Author 193
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Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted December 23, 2002

    A Vision of "Economic Democracy"

    The evils of centrally planned socialism on the Soviet model are widely proclaimed, but capitalism has equally negative side effects: gross maldistribution of the fruits of the economy, institutionalization of poverty, the breeding of a mass consumer culture, and destruction of the environment among them. Capitalism may well collapse under its own excesses, but what would one propose to replace it? Margaret Thatcher's mantra was TINA...There Is No Alternative. David Schweickart's vision of "Economic Democracy" proposes a serious alternative. Even more fundamentally, it opens the door to thinking about alternatives. His may or may not turn out to be the definitive "successor system," but he is a leader in breaking out of the box.

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