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The Capitalist Mode of Destruction - Austerity, Ecological Crisis and the Hollowing out of Democracy (Paperback)
Loot Price: R697
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The Capitalist Mode of Destruction - Austerity, Ecological Crisis and the Hollowing out of Democracy (Paperback)
Series: Geopolitical Economy
Expected to ship within 12 - 17 working days
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The capitalist mode of destruction traces contemporary capitalism's
economic, ecological and democratic crises. Combining insights from
a range of disciplines, including psychology, sociology and
political economy, Panayotakis interprets these crises as
manifestations of a previously unrecognized contradiction: over
time, the benefits of capitalism's technological dynamism tend to
decline even as its threats to humanity and the planet continue to
mount. To explain this contradiction, the book analyzes the
production and distribution of surplus in capitalist societies and
rethinks the concept of surplus itself. Identifying the public
sector and households as sites of production no less important than
the workplace, this book attributes capitalism's contradictions to
working people's lack of control over the surplus they produce.
This lack of control is undemocratic and threatens the planet. Only
a classless society, in which working people democratically
determine the size and use of the surplus they produce, can
effectively respond to our current predicament. Recognizing such a
democratic classless society as the essence of the communist ideal,
the book argues that, far from becoming obsolete, this ideal is
ever more indispensable. But since the necessity of this ideal does
not guarantee its realization, the book also investigates the
conditions necessary for the formation of an anti-capitalist
alliance for social justice, democracy and ecological
sustainability. -- .
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