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Capitalism after Postmodernism

Neo-conservatism, Legitimacy and the Theory of Public Capital


Hall Thomas Wilson

This book addresses a number of interrelated issues in the old and new political economy. The focus on globalization is generally taking the mind off questions of debt and indebtedness. Capital now has such a decided institutional edge that its legitimacy in capitalist democracies is under threat. Present developments seriously jeopardize the balance between capital, public and social institutions on which the progress and welfare of the developing world and the capitalist democracies depend. Going back to Marx, Weber and Habermas, Wilson concludes that against the backdrop of Weberian pessimism, social intellectuals still have to rise to the occasion, rather than assisting in the massive, and consequently, self-confirming prophecy that contemporary postmodernism now threatens to become.


Edited by Eva Nieuwenhuys

According to mainstream economic thinking, inspired by the ideas of Smith, Ricardo and others, globalisation of the world economy is profitable. But unlike these classic writers, neoliberal economists pay little attention to the moral and social consequences of economic policies. Despite the fact that present social circumstances differ a great deal from those in the time of Smith and Ricardo they keep maintaining that “an invisible hand” will further social ends. In doing so they ignore growing poverty worldwide and the exclusion of countries from the international legal order and of people from the right to social participation and freedom.
This book pays attention to economic aspects of globalisation and also to philosophical, legal, social, cultural, ethical and ecological aspects. Its aim is to contribute to possible solutions for worldwide problems that accompany the globalisation process.

Charles C. Ragin

Introduction: The Problem of Balancing Discourse On Cases and Variables In Comparative Social Science CHARLES C. RAGIN* GOOD COMPARATIVE SOCIAL science balances emphasis on cases and emphasis on variables. On the one hand, comparative social science is defined by the existence (or at least the

Marat R. Khabibullov

BOOK REVIEWS Michael A. Goldberg, On Systemic Balance: Flexibility and Stability in Social, Economic, and Environmental Systems. New York: Praeger Publishers, 1989, pp. 196, $ 39.95 (cloth). The new science of chaos has been enhanced by another significant contribution: Michael Goldberg's book enables

Jean Bottcher

Parsons, Max Weber, Karl Marx, and Alfred Schutz to feminist sociologists such as Ann Oakley and Judith Stacey). REBECCA ANNE ALLAHYARI BOOK REVIEWS Ann C. Diver-Stamnes, Lives in the Balance: Youth, Poverty, and Education in Watts. Albany, NY: State University of New York Press, 1995. Pp. 172. $16

Samuel Clark

centuries, Stone asserted that a system of titles, wherever it exists, generally “maintains a precarious social balance between a rigidly unalterable hierarchy, and a situation of absolute mobility” but only “if too much strain is not placed upon it” (1965: 65). Historians, like other comparativists, can

Nina-Sophie Fritsch, Roland Verwiebe and Bernd Liedl

men, is increasingly rated positively, especially with regard to work-life balance/work family issues, insofar as more individualized working hours help employees to better reconcile their work obligations and personal lives. Thus, flexibility in work arrangements may foster a more equal distribution

Dmitry Shlapentokh

also signs of a better structural balance within industrial growth.” (U.S. Government Printing Office, 1966.) Throughout the late 1970s and early 1980s, the Soviet Union’s economy grew approximately 4% per year. (Höhmann, 1984) At the same time, the Soviets became really efficient, and this “permitted

Alan Scott

. Finally, to anticipate the concluding section of the paper, a Polanyian approach might better link a, broadly speaking, leftist analysis to “real world” policy debates about the relative balance between market freedoms and regulation. One possible barrier to Polanyi’s fuller integration into development