The Return of Ordinary Capitalism

The Return of Ordinary Capitalism
Author :
Publisher : Oxford University Press
Total Pages : 265
Release :
ISBN-10 : 9780190253035
ISBN-13 : 0190253037
Rating : 4/5 (037 Downloads)

Book Synopsis The Return of Ordinary Capitalism by : Sanford F. Schram

Download or read book The Return of Ordinary Capitalism written by Sanford F. Schram and published by Oxford University Press. This book was released on 2015-08-03 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Frances Fox Piven and Richard Cloward argued in the early seventies, in a capitalist economy, social welfare policies alternatingly serve political and economic ends as circumstances dictate. In moments of political stability, governments emphasize a capitalistic work ethic (even if it means working a job that will leave one impoverished); when times are less politically stable, states liberalize welfare policies to recreate the conditions for political acquiescence. Sanford Schram argues in this new book that each shift produces its own path dependency even as it represents yet another iteration of what he (somewhat ironically) calls "ordinary capitalism," where the changes in market logic inevitably produce changes in the structure of the state. In today's ordinary capitalism, neoliberalism is the prevailing political-economic logic that has contributed significantly to unprecedented levels of inequality in an already unequal society. As the new normal, neoliberalism has marketization of the state as a core feature, heightening the role of economic actors, especially financiers, in shaping public policy. The results include increased economic precarity among the general population, giving rise to dramatic political responses on both the Left and the Right (Occupy Wall Street and the Tea Party in particular). Schram examines neoliberalism's constraints on politics as well as social and economic policy and gives special attention to the role protest politics plays in keeping alive the possibilities for ordinary people to exercise political agency. The Return of Ordinary Capitalism concludes with political strategies for working through--rather than around--neoliberalism via a radical, rather than status-quo-reinforcing, incrementalism.


The Return of Ordinary Capitalism Related Books

The Return of Ordinary Capitalism
Language: en
Pages: 265
Authors: Sanford F. Schram
Categories: Political Science
Type: BOOK - Published: 2015-08-03 - Publisher: Oxford University Press

GET EBOOK

As Frances Fox Piven and Richard Cloward argued in the early seventies, in a capitalist economy, social welfare policies alternatingly serve political and econo
The Return of Ordinary Capitalism
Language: en
Pages: 265
Authors: Sanford Schram
Categories: Business & Economics
Type: BOOK - Published: 2015 - Publisher: Oxford University Press, USA

GET EBOOK

The Return of Ordinary Capitalism examines neoliberalism as the prevailing political-economic logic of our time. How we got to this point, what are the effects
Revenge Capitalism
Language: en
Pages: 0
Authors: Max Haiven
Categories: Capitalism
Type: BOOK - Published: 2020 - Publisher: Pluto Press (UK)

GET EBOOK

Capitalism has become a system of economic revenge, meted out against oppressed populations around the globe.
Deaths of Despair and the Future of Capitalism
Language: en
Pages: 332
Authors: Anne Case
Categories: Business & Economics
Type: BOOK - Published: 2021-03-02 - Publisher: Princeton University Press

GET EBOOK

A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted fo
Capital in the Twenty-First Century
Language: en
Pages: 817
Authors: Thomas Piketty
Categories: Business & Economics
Type: BOOK - Published: 2017-08-14 - Publisher: Harvard University Press

GET EBOOK

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of