When the Cold War ended, some people called it the “end of history.” Capitalism and liberal democracy had prevailed. Later, when the West clashed with radical Islam, Americans realized history hadn’t ended after all—at least not abroad. Now, in How Marx Can Save American Capitalism, Ronald W. Dworkin shows us that even the home front is in play and capitalism and liberal democracy are threatened. Dworkin uses Karl Marx to tip the balance in their favor—a paradox, as Marx was the sworn enemy of capitalism and liberal democracy, but also logical, as Marx knew the weak spots in capitalism and democracy better than anyone. In the past, capitalism’s weak spots were obvious: sweatshops, workhouses, and hunger. The twentieth century welfare state saved capitalism by fixing them. Today’s weak spots are less obvious; they don’t even seem related— mass loneliness, a declining birth rate, young people postponing adulthood, and workers using sleep aids to function on the job. Yet they pose the same risk to capitalism that child labor and horrid factory conditions once did. Marx’s ideas applied to contemporary America show how they are all of apiece. Saving capitalism demands a third way—not rigid Republican conservatism or blind Democratic state interventionism, but a new politics in which the state focuses laser-like on advanced capitalism’s unique threats to private life, while leaving much of the free market intact.

Has capitalism failed? Is it fundamentally greedy and immoral, enabling the rich to get richer? Are free markets Darwinian places where the most ruthless crush smaller competitors, where vital products and services are priced beyond the ability of many people to afford them? Capitalism is the world's greatest economic success story. It is the most effective way to provide for the needs of people and foster the democratic and moral values of a free society. Yet the worst recession in decades has widely—and understandably—shaken people's faith in our system. Even before the current crisis, capitalism received a "bad rap" from a culture ambivalent about free markets and wealth creation. This crisis of confidence is preventing a full recognition of how we got into the mess we're in today—and why capitalism continues to be the best route to prosperity. How Capitalism Will Save Us transcends labels such as "conservative" and "liberal" by showing how the economy really works. When free people in free markets have energy to solve problems and meet the needs and wants of others, they turn scarcity into abundance and develop the innovations that are the foremost drivers of economic growth. The freedom of democratic capitalism is, for example, what enabled Henry Ford to take a plaything of the rich—the car—and transform it into something affordable to working people. In the capitalist system, economic growth doesn't mean more of the same—grinding out a few more widgets every year. It's about change to increase overall wealth and give more people the chance for a better life.

A valuable postgraduate resource, Gaido’s key text applies Marxist categories of analysis to the study of American history, and expertly deals with such topics as the American Revolution, slavery and racism, and the transition to imperialism.

Why should we pay attention to the great social critics like Marx? Americans, especially now, confront serious questions and evidences that our capitalist system is in trouble. It clearly serves the 1% far, far better than what it is doing to the vast mass of the people. Marx was a social critic for whom capitalism was not the end of human history. It was just the latest phase and badly needed the transition to something better. We offer this essay now because of the power and usefulness today of Marx's criticism of the capitalist economic system. eBook: https: //bit.ly/2K6iI8

An international set of eminent scholars examine the contemporary relevance and continuing contribution of Marx's work. This indispensable volume presents Marx's theories in a new light, both for specialists who might think they already know everything about Marx and for a new generation of readers who are approaching his work for the first time.

"Prophecies about the end of capitalism are as old as capitalism. None of them, so far, has come true. Yet we keep looking into the crystal ball in search of harbingers of doom. Francesco Boldizzoni gets to the root of the very human need to imagine a better world and uncovers the mechanisms by which the same forecasting mistakes are made over and over again. He offers a compelling solution to the puzzle of what is capitalism and why it seems able to survive all sorts of shocks. The global crisis that developed countries faced at the beginning of the twenty-first century has undermined faith in the capitalist market economy bringing once again to the forefront questions about its long-term prospects. Is capitalism on its way out? If not, what should be expected from future crises? Will society be able and willing to bear the social and environmental costs of creative destruction and relentless financialization? These and other questions have lain at the heart of political economy since the age of Karl Marx. Foretelling the End of Capitalism takes us on a journey through two centuries of unfulfilled prophecies to challenge the belief in an immutable destiny"--