Inequalities and the dynamics of capitalism: will democracy survive? Albion W. Smalls view

Guillaume Vallet

Chapter 3 in Inequalities and the Progressive Era, 2020, pp 30-42 from Edward Elgar Publishing

Abstract: This chapter sheds light on Albion W. Small’s views on the relationship between inequalities and the dynamics of capitalism during the Progressive Era. Focusing in particular on inequalities stemming from capital concentration as well as on inequalities related to the conditions of the workers in the workplace, Small designed innovative proposals in order to devise and implement new social policies aiming at building a fairer capitalism. At stake for him was the issue of survival of this economic system but also the survival of democracy. Small demonstrated that economic and social reforms go hand in hand, which still rings true today.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2020
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