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\nWe Can—And Must—Reform Capitalism.\n

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\n\nPublisher:\n\nInstitute for New Economic Thinking\n\n\n
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\nFred Block says capitalism is not an unchanging monolith—which means we can make it better One of the Right’s greatest successes has been claiming that their definition of capitalism is as radically laissez-faire is fixed. It’s time to...\nFred Block says capitalism is not an unchanging monolith—which means we can make it better

One of the Right’s greatest successes has been claiming that their definition of capitalism is as radically laissez-faire is fixed. It’s time to challenge that.

That’s the argument of Fred Block, Professor of Sociology at UC Davis and author of the forthcoming book, Capitalism: The Future of an Illusion (University of California Press).

Block’s book challenges the view on both left and right that capitalism is a fixed system. Instead, he argues, markets are social institutions, which means they can be constructed not just in the current neoliberal mode, but in more social democratic forms. Block’s book shows how the type of capitalism that thrived in the West after World War II can be revived, pointing to the success of the Scandinavian model and the way in which the public sector can help drive private sector innovation.
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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23:47
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nNew Economic Thinking\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Fine Print: Educational Use
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Concepts

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rules, work, capitalism, economy, markets, society
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net6, wmcb, fred block, rob johnson, inet, institute for new economic thinking, matthew kulvicki, populist movements, global cooperation, global leader, political elites, capitalist system, unchangeable system, york times, conservative argument, market system, social, system, efficiency, term, argument, market, back, losing, today, good, productive, world, forces, challenge, call
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