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Social Economy - The Logic of Capitalist Development (Hardcover)
Loot Price: R5,520
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Social Economy - The Logic of Capitalist Development (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 19 working days
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Contrary to much Marxist thought, the author does not view
socialism as an antithesis to capitalism, and in this text argues
that socialism is, among other things an objective development of
capitalism. As capitalism develops it creates the premises for
social development which are also the bases for a socialist and
democratic construction of society. Drawing on economics, urban
geography, political theory and Marxism, the text examines the
evolution of capitalism from its early industrial to its present
urban and global forms. How Marx understood the economy as a unity
of production, distribution, exchange and consumption engaged in
social reproduction is also considered. The contradictory evolution
of US corporations and urban development from 1945 to the present
is explored. The author argues that urban space involves
requirements for social and individual reproduction which extend
well beyond limits inherent in transnational corporate private
appropriation. Using his arguments, the author makes the case that
economic expansion can now best be secured by forms of development
that take us beyond the limits of capitalism and point towards a
democratic and socialist society.
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