This engaging and intelligent book argues that the unbridled impact
of deregulated market forces will lead to social polarization and
ultimately to the destruction of capitalist society as we know it
today. After providing a lucid and accessible overview of the
development of capitalism, Professor Brenner explains how human
greed was confined within legal boundaries and shows how ingenuity
rather than brute force ultimately became the source of wealth. He
explores the interaction between ideas, behaviour and economic
change and points out comparisons between scientific ideas and the
phases of economic development. He warns that, by an inner logic,
deregulated capitalism must necessarily lead to increased
inequality and to the waning of those elements in bourgeois culture
which are necessary for the proper functioning of a technologically
advanced industrial economy.Written in a lively and non-technical
style, the book will appeal not only to economists but also to
other social scientists and historians concerned with the history
and development of modern capitalist society.
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