Capitalism

Description

(Concepts in Social Thought Series)

By Peter Saunders
University of Minnesota Press

With the collapse of socialism, capitalism became poised to become a truly global system. Three major questions arise from this success: Can capitalism revolutionize the living standards of the poor nations in the way it has done in the West? Can the global ecosystem survive such a massive expansion of industrial output? And if capitalism prevails, will human beings be any happier as a result?

After explaining how the capitalist system works, Peter Saunders draws on evidence from around the world to provide a “social audit” of contemporary capitalism. He concludes with a review of capitalism’s status in the countries where it originated.