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Title: |
The Capitalist Economy and its Prosthetics |
| Sub-title: |
Necessity, Evolution and Dilemmas of a Brotherhood |
| Series: |
Edition transcript |
Search Result:
| By (author): |
Gerhard H. Wächter |
| ISBN10-13: |
3837672786 : 9783837672787 |
| Format: |
Paperback |
| Pages: |
532 |
| Weight: |
.727 Kg. |
| Published: |
transcript - June 2024 |
| List Price: |
43.99 Pounds Sterling |
| Availability: |
In Stock
Qty Available: 5 |
| Subjects: |
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| Notwithstanding its ruthless dynamics, the capitalist economy has the flaw of deficient employment-generating spending. This leads to unemployment of non-owners, individual suffering, social unrest and it undermines military strength. To deal with these issues, states use prosthetic policies, artificial transfers to the productive economy and to non-owners. But the funding of such prosthetic policies â through violent wealth appropriation abroad, protectionism, war, domestic expropriation and taxation, debt and money creation â is caught in dilemmas, while politicians are caught between non-solutions. According to Gerhard H. Wächter, the history of capitalist society is largely the history of this dilemmatic brotherhood. |
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