The Capitalist Economy and its Prosthetics

Necessity, Evolution and Dilemmas of a Brotherhood
1. Auflage 2024
ISBN: 978-3-8376-7278-7
Verlag: transcript

Buch, Englisch, Band 13, 532 Seiten, Kartoniert, Format (B × H): 148 mm x 225 mm, Gewicht: 727 g

Reihe: Edition transcript

Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artificial transfers to the productive economy and to non-owners. But the funding of such prosthetic policies – through violent wealth appropriation abroad, protectionism, war, domestic expropriation and taxation, debt and money creation – is caught in dilemmas, while politicians are caught between non-solutions. According to Gerhard H. Wächter, the history of capitalist society is largely the history of this dilemmatic brotherhood.

Autoren/Hrsg.

Wächter, Gerhard H.

Fachgebiete

• Sozialwissenschaften Soziologie | Soziale Arbeit Soziologie Allgemein
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie