The Trouble with Capitalism: An Enquiry into the Causes of Global Economic Failure, Second Edition

The global economic order is in crisis. Is 'free market' capitalism really sustainable? The Trouble With Capitalism -- originally written, with remarkable prescience, in 1998 -- explains the underlying fragility of the then booming global economy. No mere temporary blip in the onward march of capitalism, Shutt argues forcefully that the current crisis is the result of fundamental economic problems which first emerged in the 1970s. The laissez faire prospectus was a sham response, with state power and capital used to prop up capital in the name of rolling back the frontiers of the state. Looking to a world where profit maximization is no longer the sole basis for resource allocation, Shutt’s ideas are startling and cannot be ignored.