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The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism

Authors: Glynn, Simon

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  • Provides a critique of political economy
  • Presents an economic and moral critique of capitalism, and an argument for both the inevitability and moral superiority of socialism
  • Written in a clear, accessible style
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eBook $79.99
price for USA in USD
  • ISBN 978-3-030-52667-2
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Hardcover $99.99
price for USA in USD
  • ISBN 978-3-030-52666-5
  • Free shipping for individuals worldwide. COVID-19 shipping restrictions apply.
  • Immediate ebook access, if available*, with your print order
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About this book

Beginning with the economic meltdown of 2007/8, this book shows that the predatory mortgage lending and overleveraging—which is to say, the overextension of credit—which precipitated The Great Recession was a response to a crisis of overproduction reflective of an unavoidable contradiction at the heart of competitive capitalism. This contradiction, in addition to portending capitalism’s inevitable ultimate demise, invites both a pragmatic and moral comparison of (US) capitalism with (Chinese) socialism. Simon V. Glynn provides a critique of political economy and an analysis of the economic logic of capitalism, pointing to the inevitable triumph of socialism.


About the authors

Simon Glynn is Professor of Philosophy at Florida Atlantic University, USA.


Table of contents (21 chapters)

Table of contents (21 chapters)
  • Introduction

    Pages 1-16

    Glynn, Simon

  • The Great Recession, Its Immediate Cause and Government Intervention: The Purportedly Free Market Designed by the “Invisible” or “Hidden Hand” of the Economic Elite, Conformity to the Market Therefore as Conformity to Their Interests, and the Survival of the “Fittest” Being the Survival of Those Who Can Have the Market Best Fit Them

    Pages 17-21

    Glynn, Simon

  • Inverted Socialism: Robbing from the Poor to Give to the Rich, by the Best Politicians Money Can Buy

    Pages 23-30

    Glynn, Simon

  • Capitalism’s Two Major Justifications Dismissed, and the Incentivized Complicity of the Bought and Paid for Politicians to Ignore, and Even Encourage, the Risky/Costly Behavior of the Economic Oligarchs

    Pages 31-35

    Glynn, Simon

  • Supply Side Stimulus: The Bailing Out of the Finance Industry, and It’s Ensuing Self-Dealing Slowing Down Recovery

    Pages 37-42

    Glynn, Simon

Buy this book

eBook $79.99
price for USA in USD
  • ISBN 978-3-030-52667-2
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.99
price for USA in USD
  • ISBN 978-3-030-52666-5
  • Free shipping for individuals worldwide. COVID-19 shipping restrictions apply.
  • Immediate ebook access, if available*, with your print order
  • Usually ready to be dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism
Authors
Copyright
2020
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-52667-2
DOI
10.1007/978-3-030-52667-2
Hardcover ISBN
978-3-030-52666-5
Edition Number
1
Number of Pages
IX, 149
Topics

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