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Crisis of capitalism

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Chapter 1 in Uprooting Economics, 2019, pp 1-28 from Edward Elgar Publishing

Abstract: A reform, revolution even, is needed of the economy as a system and economics as a discipline. That is not a luxury but a political emergency. The need for it is evident from present clashes between economics and society. This chapter offers an elaboration of that need: the symptoms. Then follows the diagnosis: what is going wrong, and the need for therapy: a new economics. Next, an elaboration of how the economy really works, in different industries. And then, the therapy: a proposal for a new economics, in fact present economics stood on its head.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2019
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