Postcapitalism: Moving Beyond Ideology in America's Economic Crisis

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Overview

Debates over the role of government have intensified in the wake of America's deepest financial crisis sine the Depression. This book suggests new ways of moving forward based on the policies and principles that have worked in the past.

Sassower shows how American pragmatism has guided the more successful financial policies undertaken during the past century. This means that from the workplace to foreign aid, Americans benefit when they collaborate with each other rather than only pursue their self-interest in competitive ways. Drawing on thinkers from Adam Smith to Keynes to Bernanke, Sassower shows how a new era of postideological capitalism can emerge in the wake of the current economic crises-renewing America's leadership for the future.

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Product Details

  • ISBN-13: 9781594516726
  • Publisher: Paradigm Publishers
  • Publication date: 6/28/2009
  • Pages: 176
  • Product dimensions: 6.00 (w) x 9.10 (h) x 0.60 (d)

Meet the Author

Raphael Sassower is professor of philosophy and director of the Center for Legal Studies at the University of Colorado–Colorado Springs. Among his latest publications are Popper’s Legacy: Rethinking Politics, Economics, and Science (2006), and with Mary Ann Cutter, Ethical Choices in Contemporary Medicine (2007).

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Table of Contents

Preface ix

1 From Supercapitalism to Postcapitalism 1

The Capitalist Framework Revisited: Adam Smith's Moral Sentiments 5

Planning: Complementing the Marketplace 16

The Middle Ground: Popperian Influence 21

2 The Knowledge Industry: The Academy and the Internet 37

The Production, Distribution, and Consumption of Knowledge 39

Taxing Knowledge: Why Pay Twice for GPS? 49

Academic Institutions of the Future 55

3 Individualism and the Community: From Competition to Cooperation 65

Venture Capitalists and Angels: From Greed to Philanthropy 67

The Age of Globalization: From Resources to Ecological Hazards 79

Postmodern Recycling of Data and Insights: Intellectual Property Revisited 90

4 Victimhood and Entitlement: Martyrs and Heroes 99

Reciprocal Altruism and the Prisoner's Dilemma 102

Rational Cooperation and the Free Rider Paradox 110

Personal Gratification and Rewards in Corporate America 117

5 Personal and Collective Responsibility 125

Cooperation in New Corporate Structures 127

The Buck Stops Here: Government Intervention in the Marketplace 132

Building Communities to Preserve Identity 141

6 From 2008 Crises to Pragmatic Postcapitalism 151

Bibliography 159

Index 167

About the Author 175

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