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Crisis of capitalism

In: Uprooting Economics

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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.

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  • ., 2019. "Crisis of capitalism," Chapters, in: Uprooting Economics, chapter 1, pages 1-28, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:19332_1
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    Economics and Finance;

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