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Does Capitalism Have a Future? | [Immanuel Wallerstein, Randall Collins, Michael Mann, Georgi Derluguian, Craig Calhoun]

Does Capitalism Have a Future?

In Does Capitalism Have a Future?, a global quintet of distinguished scholars cut their way through to the question of whether our capitalist system can survive in the medium run. Despite the current gloom, conventional wisdom still assumes that there is no real alternative to capitalism. The authors argue that this generalization is a mistaken outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism.
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Publisher's Summary

In Does Capitalism Have a Future?, a global quintet of distinguished scholars cut their way through to the question of whether our capitalist system can survive in the medium run. Despite the current gloom, conventional wisdom still assumes that there is no real alternative to capitalism. The authors argue that this generalization is a mistaken outgrowth of the optimistic nineteenth-century claim that human history ascends through stages to an enlightened equilibrium of liberal capitalism. All major historical systems have broken down in the end, and in the modern epoch several cataclysmic events-notably the French revolution, World War I, and the collapse of the Soviet bloc-came to pass when contemporary political elites failed to calculate the consequences of the processes they presumed to govern. At present, none of our governing elites and very few intellectuals can fathom a systemic collapse in the coming decades. While the book's contributors arrive at different conclusions, they are in constant dialogue with one another, and they construct a relatively seamless-if open-ended-whole.

Written by five of world's most respected scholars of global historical trends, this ambitious book asks the most important of questions: Are we on the cusp of a radical world historical shift?

©2013 Oxford University Press (P)2014 Audible, Inc.

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    9/5/14
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    "Excellent socio economic analysis of current world"
    Would you recommend this audiobook to a friend? If so, why?

    Despite the title asking a question about the future which is notoriously difficult to foretell, the articles of this book shed intelligent light on the world we live in. Very enjoyable and thought provoking, especially as different view points are expounded and the views of the other writers are commented upon. This makes the book not just a collection of 5 individual articles but can be likened to a piece of classical music that consists of several movements that are related to each other. The authors call themselves a quintet and their collective form that of point and counter point.


    What was one of the most memorable moments of Does Capitalism Have a Future??

    To stay with the musical analogy, the conclusion is a splendid finale because it summarises concisely the most recent sociological movements without speculating too much into the future. This was very helpful reading for someone trying to make sense of the world we live in and pointing out areas which to investigate further.


    Have you listened to any of Stephen Hoye’s other performances? How does this one compare?

    I have not listened to other performances but I found this one very well read and a suitable voice and tone for this type of academic book.


    Was this a book you wanted to listen to all in one sitting?

    No, but individual chapters can be listened to in one sitting, and then again after having finished the whole book.


    Any additional comments?

    It probably is worth also having a printed copy of this book.

    0 of 0 people found this review helpful
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