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The 99 Percent Economy - How Democratic Socialism Can Overcome the Crises of Capitalism (Hardcover)
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The 99 Percent Economy - How Democratic Socialism Can Overcome the Crises of Capitalism (Hardcover)
Series: Clarendon Lectures in Management Studies
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Total price: R2,122
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We live in a time of crises - economic turmoil, workplace
disempowerment, unresponsive government, environmental degradation,
social disintegration, and international rivalry. In The 99 Percent
Economy, Paul S. Adler, a leading expert on business management,
argues that these crises are destined to deepen unless we radically
transform our economy. But despair is not an option, and Adler
provides a compelling alternative: democratic socialism. He argues
that to overcome these crises we need to assert democratic control
over the management of both individual enterprises and the entire
national economy. To show how that would work, he draws on a
surprising source of inspiration: the strategic management
processes of many of our largest corporations. In these companies,
the strategy process promises to involve and empower workers and to
ensure efficiency and innovation. In practice, this promise is
rarely realized, but in principle, that process could be
consolidated within enterprises and it could be scaled-up to the
national level. Standing in the way? Private ownership of society's
productive resources, which is the foundation of capitalism's
ruthless competition and focus on private gain at the cost of
society, the environment, and future generations. Adler shows how
socialized, public ownership of our resources will enable
democratic councils at the local and national levels to decide on
our economic, social, and environmental goals and on how to reach
them. The growing concentration of industry makes this
socialization step ever easier. Democratic socialism is not a leap
into the unknown, Adler shows. Capitalist industry has built the
foundations for a world beyond capitalism and its crises.
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