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Books > Humanities > Philosophy > Topics in philosophy > Social & political philosophy
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The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism (Hardcover, 1st ed. 2020)
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The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism (Hardcover, 1st ed. 2020)
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Beginning with the economic meltdown of 2007/8, this book shows
that the predatory mortgage lending and overleveraging-which is to
say, the overextension of credit-which precipitated The Great
Recession was a response to a crisis of overproduction reflective
of an unavoidable contradiction at the heart of competitive
capitalism. This contradiction, in addition to portending
capitalism's inevitable ultimate demise, invites both a pragmatic
and moral comparison of (US) capitalism with (Chinese) socialism.
Simon V. Glynn provides a critique of political economy and an
analysis of the economic logic of capitalism, pointing to the
inevitable triumph of socialism.
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