
Beyond the Profits System
Possibilities for the Post-Capitalist Era
While many have claimed that no one could have foreseen the financial crisis, Harry Shutt was predicting just such a collapse as far back as 1998 in his book, The Trouble With Capitalism. In Beyond the Profits System, Shutt offers a radically different analysis to the mainstream, establishment commentators who have struggled to come to terms with the crisis. Arguing that we need to move away from a system based on compulsive addiction to growth and obsession with the profit motive, towards a collectivist, more humane economic mode, the book provides not merely a comprehensive background to the flawed ideologies of that precipitated the collapse, but also a radical, though realistic, way forward in light of the catastrophe.
About the book
While many have claimed that no one could have foreseen the financial crisis, Harry Shutt was predicting just such a collapse as far back as 1998 in his book, The Trouble With Capitalism. In Beyond the Profits System, Shutt offers a radically different analysis to the mainstream, establishment commentators who have struggled to come to terms with the crisis. Arguing that we need to move away from a system based on compulsive addiction to growth and obsession with the profit motive, towards a collectivist, more humane economic mode, the book provides not merely a comprehensive background to the flawed ideologies of that precipitated the collapse, but also a radical, though realistic, way forward in light of the catastrophe.
Contents
- Anatomy of a Crisis
- The Bankruptcy of Official Policy
- A Compulsive Addiction to Growth
- The Need for and Alternative Model
- Other Drawbacks of the Profit Motive
- The Tyranny of Production: How Ricardian Economics has Distorted Capitalist Ideology
- Features of a Demand-driven Global Economy
- Income Distribution in a Demand-led Economy
- Short-term Remedies and the Transition