The Capitalist Economy and its Prosthetics - Necessity, Evolution and Dilemmas of a Brotherhood
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| Verlag | transcript |
| Auflage | 2024 |
| Seiten | 532 |
| Format | 15,0 x 3,0 x 23,0 cm |
| Gewicht | 727 g |
| Artikeltyp | Englisches Buch |
| Reihe | Edition transcript 13 |
| ISBN-10 | 3837672786 |
| EAN | 9783837672787 |
| Bestell-Nr | 83767278A |
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 - through violent wealth appropriation abroad, protectionism, war, domestic expropriation and taxation, debt and money creation - 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.
