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Books > History > History of specific subjects > Economic history
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Business Civilization in Decline (Paperback)
Loot Price: R185
Discovery Miles 1 850
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Business Civilization in Decline (Paperback)
Series: Open Forum S.
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Loot Price R185
Discovery Miles 1 850
Expected to ship within 12 - 19 working days
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Capitalism is slated to disappear, contends Heilbroner, echoing the
theme of his 1974 Inquiry into the Human Prospect; and in five
chapters reworked from 1971-1975 essays he undertakes to describe
the stages of its decline. In the immediate future, the need for
planning to preserve capitalist economies will cause an enlargement
of political power; in the long run - i.e., within a century -
capitalism will give way to "an enlightened and humane 'socialism'"
capable (he hopes) of reconciling bourgeois individualism with a
collective consciousness "perhaps foreshadowed by the kind of
religious politicism we find in China." In 1974 Heilbroner foresaw
"planned 'state' capitalism" on the Japanese model as the successor
of "private" capitalism - a position presumably formulated before
soaring oil prices exposed the vulnerability of the Japanese
economy. It is still the likelier, if drabber, prospect. But all
such prognostications are notoriously vulnerable. More to the
point: is capitalism doomed? Heilbroner's intimations to the
contrary, this is neither a radical proposition (foreword) nor a
foregone conclusion (chapter five); and the besetting problems -
whether environmental, social, or technological in nature - are, as
he ultimately acknowledges, "at least as much rooted in the nature
of industrial society as they are rooted in capitalism proper."
That is, they are endemic to industrial socialism too. Repeatedly,
Heilbroner erects straw men only to demolish them, an irritant to
the informed reader but a useful teaching device; and this small
book, which benefits from Heilbroner's accustomed simplicity and
clarity, is best seen as a position paper for the uninitiated.
(Kirkus Reviews)
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