Flawed Capitalism: The Anglo-American Condition and its Resolution (Building Progressive Alternatives)

Coates, Professor David

ISBN 10: 1911116339 / ISBN 13: 9781911116332

Published by Agenda Publishing, 2018

About this Item

Most items will be dispatched the same or the next working day. A copy that has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.

Seller Inventory # wbs8178956802

Bibliographic Details

• Title: Flawed Capitalism: The Anglo-American Condition and its Resolution (Building Progressive Alternatives)
• Publisher: Agenda Publishing
• Publication Date: 2018
• Language: English
• ISBN 10: 1911116339
• ISBN 13: 9781911116332
• Binding: Hardcover
• Condition: Very Good
• Weight: 620 grams

About this title

Synopsis

Drawing on over four decades of research and writing on the political economy of the UK and United States, David Coates offers a masterly account of the Anglo-American condition and the social and economic crisis besetting both countries.

Charting the rise and fall of the social settlements that have shaped and defined the postwar years, Coates traces the history of the two economies through first their New Deal and then their Reaganite periods – ones labelled differently in the UK, but similarly marked by the development first of a Keynesian welfare state and then a Thatcherite neoliberal one.

Coates exposes the failings and shortcomings of the Reagan/Thatcher years, showing how the underlying fragility of a settlement based on the weakening of organized labour and the extensive deregulation of business culminated in the financial crisis of 2008.

The legacies of that crisis haunt us still – a squeezed middle class, further embedded poverty, deepened racial divisions, an adverse work–life balance for two-income families, and a growing crisis of housing and employment for the young. Flawed Capitalism deals with each in turn, and makes the case for the creation of a new transatlantic social settlement – a less flawed capitalism – one based on greater degrees of income equality and social justice.

As members of the millennial generation come to their maturity on each side of the Atlantic, Flawed Capitalism offers the critical intellectual tools that they will need if they are ever to break decisively with the failed public policies of the past.

About the Author

David Coates (1946–2018) held the Worrell Chair in Anglo–American Studies in the Department of Political Science at Wake Forest University, North Carolina.