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How Will Capitalism End? Essays on a Failing System by Wolfgang Streeck, New Delhi: Juggernaut Books, 2017; pp 272, ₹499 (paperback).

The future of capitalism

Looking at the present and future system of capitalism, there is a vital crisis at the heart of it all. Democratic capitalism, starting out in the 18th century, has had its ups and downs but even Marx, Keynes, Rosa Luxemberg, and Kondratieff have all failed to establish theories to break out of the capitalist system.

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Why Should the Millennial Mindset Matter?

Labor market conundrum

Nary a day goes by that President Trump and/or the talking heads on CNBC fail to mention the following unemployment chart as evidence that “everything is awesome” with the U.S. economy…

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Social Reproduction: What's the big idea?

Social reproduction theory: What’s the big idea?

Key to social reproduction theory (SRT) is an understanding of the ‘production of goods and services and the production of life are part of one integrated process’, or in other words: acknowledging that race and gender oppression occur capitalistically. In this article, Susan Ferguson, a contributor to Social Reproduction Theory, shows how SRT can deepen […]

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Originally published in Puck magazine in 1883, “The Protectors of Our Industries” shows Cyrus Field, Jay Gould, Cornelius Vanderbilt, and Russell Sage. (Photo credit: ProMarket.org)

The precariat under rentier capitalism

The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase […]

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