Political Capitalism

No one noticed when capitalism died. Perhaps we were too distracted by the implosion of global finance, or the rise of populism, or the demise of the planet - or all of those cute cats on Instagram. But gradually, quietly, a yet more exploitative new system has taken hold: techno-feudalism. Crafted in the form of a letter to his late father, who first taught him about the power of new technologies to shape human history, Yanis Varoufakis explains how Big Tech has effected an invisible but fundamental transformation in all our lives.

It's OK to be angry about capitalism. It's OK to want something better. Bernie Sanders takes on the 1% and speaks blunt truths about a system that is fuelled by uncontrolled greed, and rigged against ordinary people. Where a handful of oligarchs have never had it so good, with more money than they could spend in a thousand lifetimes, and the vast majority struggle to survive. Where a decent standard of living for all seems like an impossible dream.

The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook, and Amazon are gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies when it comes to high speed internet, health insurance, medical care, mortgage title insurance, or even consumer goods like toothpaste.

Forget everything you think you know about global warming. It's not about carbon - it's about capitalism. The good news is that we can seize this existential crisis to transform our failed economic system and build something radically better. In her most provocative book yet, Naomi Klein, author of the global best-sellers The Shock Doctrine and No Logo, tackles the most profound threat humanity has ever faced: the war our economic model is waging against life on earth.

An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People's Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.

The foundation for all modern economic thought and political economy, The Wealth of Nations is the magnum opus of Scottish economist Adam Smith, who introduces the world to the very idea of economics and capitalism in the modern sense of the words.

First published in 1956, The Power Elite stands as a contemporary classic of social science and social criticism. C. Wright Mills examines and critiques the organization of power in the United States, calling attention to three firmly interlocked prongs of power: the military, corporate, and political elite. The Power Elite can be enjoyed as a good account of what was taking place in America at the time it was written, but its underlying question of whether America is as democratic in practice as it is in theory continues to matter very much today.

Capital is currently cannibalizing every sphere of life-guzzling wealth from nature and racialized populations, sucking up our ability to care for each other, and gutting the practice of politics. In this tightly argued and urgent volume, leading Marxist feminist theorist Nancy Fraser charts the voracious appetite of capital, tracking it from crisis point to crisis point, from ecological devastation to the collapse of democracy, from racial violence to the devaluing of care work.

After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues the world is about to change.

Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve.

Even before the Covid-19 pandemic in 2020, capitalism was stuck. It had no answers to a host of problems, including disease, inequality, the digital divide and, perhaps most blatantly, the environmental crisis. Taking her inspiration from the 'moonshot' programmes which successfully co-ordinated public and private sectors on a massive scale, Mariana Mazzucato calls for the same level of boldness and experimentation to be applied to the biggest problems of our time.

A recent poll showed 43 percent of Americans think more socialism would be a good thing. What do these people not know? In The Case Against Socialism, Rand Paul outlines the history of socialism, from Stalin’s gulags to the current famine in Venezuela. He tackles common misconceptions about the “utopia” of socialist Europe. As it turns out, Scandinavian countries love capitalism as much as Americans, and have, for decades, been cutting back on the things Bernie loves the most.

This essay explores the political theory of Ayn Rand, a topic that catapulted to the national stage during the last presidential election following the nomination of Rep. Paul Ryan (a self-described enthusiast of Rand's ideas and novels) to the Romney ticket. Ayn Rand's ideas continue to generate public debate in political and cultural circles, but those ideas are frequently misunderstood and misrepresented.

This audiobook argues for a society organized by voluntary cooperation under institutions of private property and exchange with little, ultimately no, government. It describes how the most fundamental functions of government might be replaced by private institutions, with services such as protecting individual rights and settling disputes provided by private firms in a competitive market.

Critics of contemporary economics complain that belief in free markets - among economists as well as many ordinary citizens - is a form of religion. And, it turns out, that in a deeper, more historically grounded sense there is something to that idea. Contrary to the conventional historical view of economics as an entirely secular product of the Enlightenment, Benjamin M. Friedman demonstrates that religion exerted a powerful influence from the outset.

Despite the enormous problems we face and widespread dissatisfaction with the status quo, it's surprisingly hard to find a coherent vision of what a better, fairer society would look like. Free and Equal provides that vision. In this hugely ambitious and exhilarating debut, philosopher and economist Daniel Chandler argues that the ideas we need are hiding in plain sight, in the work of the twentieth century's greatest political philosopher, John Rawls. Although they have transformed philosophy, his ideas have had little impact on politics - until now.

From the mountains of Algeria to the squats of South London via sectarian Northern Ireland, Ten Thousand Apologies is the sordid and thrilling story of the country's most notorious cult band, Fat White Family. Loved and loathed in equal measure since their formation in 2011, the relentlessly provocative, stunningly dysfunctional 'drug band with a rock problem' have dedicated themselves to constant chaos and total creative freedom at all costs.

Karl Marx (1818–1883) was living in exile in England when he embarked on an ambitious multivolume critique of the capitalist system of production. Though only the first volume saw publication in Marx’s lifetime, it would become one of the most consequential books in history. This magnificent new edition of Capital is a translation of Marx for the twenty-first century.

Palo Alto is nice. The weather is temperate, the people are educated, rich, healthy, enterprising. Remnants of a hippie counterculture have synthesized with high technology and big finance to produce the spiritually and materially ambitious heart of Silicon Valley. It is also a haunted toxic waste dump built on stolen Indian burial grounds, and an integral part of the capitalist world system. In Palo Alto, the first comprehensive, global history of Silicon Valley, Malcolm Harris examines how and why Northern California evolved in the particular, consequential way it did.

Tired of the endless name-calling during political campaigns—and in between, too? Words have meanings, and insults don’t help us understand what socialism or capitalism mean, or how democracy affects both. The mission of Socialism, Capitalism and Democracy is to provide clarity on each philosophy, by providing examples of how each affects our economy and individual lives. Topics include property, profits, optimism (versus pessimism), self- and selfish-interest, economic voting, complexity, and more.