Post Industrial Capitalism

An alternative framework for examining and explaining the widening economic and social stratification within United States society is provided in this book. Until now, two points of view - Marxist and industrialist - have dominated the discourse. Joel I Nelson offers a comprehensive explanation of inequality and locates its source in the transformation of capitalism, free market ideology and the evolution of US business.

The work is provocative and ambitious and the writing is clear. --Choice "It is a topic in need of systematic analysis. . . . Joel I. Nelson understands and, in fact, has mastered the issues. . . . It will undoubtedly be a major contribution. . . . His approach is fresh and refreshing. . . . He has the appropriate conceptual tools to complete his synthesis. . . . I believe not only scholars--sociologists, economists, political scientists, and historians, would find Post-Industrial Capitalism useful but policymakers might also find it of interest. . . . The book can also be used as a text in an advanced undergraduate class and in a graduate seminar. . . . Nelson′s thesis is coherent and logically developed. . . . I imagine this book as a college text or on a desk in Washington, DC. . . . Nelson′s last book Economic Inequality was a huge success. . . . Certainly the many who relied on it in their teaching and research will welcome and use Post-Industrial Capitalism." --Lionel L. Lewis, State University of New York at Buffalo "Too often authors focus only on the positive aspects or on the downside of postindustrialism. Joel I. Nelson is proposing something that fits neatly between the two camps. . . . Nelson′s strategy of building a new explanation based on a synthesis of these older approaches is very attractive. . . . There are no other books that attempt this. . . . Post-Industrial Capitalism might also be used in an advanced undergraduate course on economic sociology or social change. . . . [It] will be also acquired by professionals in sociology, social work, political science, and economics. . . . The sequence of the topics are clear and concise. . . . Each chapter pulls together arguments that--heretofore--have been scattered across numerous books and articles (and across disciplines for that matter)." --Charles M. Tolbert II, Professor of Sociology and Rural Sociology, Louisiana State University The social and economic well-being of many Americans is increasingly at risk. Disparities in earnings and wealth are escalating, reversing a century of declining inequality. Excesses of the free market are growing-and growing more difficult to contain. Politics are increasingly conservative across the ideological spectrum, with economic competitiveness considered more important than equality and humanitarian aid. Post-Industrial Capitalism offers an alternative to the dominant and unsuccessful Marxist and industrialist views by providing a framework for explaining the widening polarization within American society. This work demonstrates a more comprehensive explanation of inequality and locates its source in the transformation of American business. It provides a fresh illustration of Schumpeter′s insistence on the ability of capitalism to develop by creatively destroying its past. It not only describes the shifts in corporate resources, illustrates their use by the corporate sector, and traces their implications for inequality across the institutional spectrum, but also demonstrates how these strategies have been used by companies to intensify competition, effect greater political control, and widen the economic gap in America. Scholars interested in the question of modernity and post-industrialization, theorists of multiple theoretical persuasions, and students interested in social stratification, inequality, and social change will find Postindustrial Capitalism to be extremely valuable.

In 1976, Daniel Bell's historical work predicted a vastly different society developing—one that will rely on the “economics of information” rather than the “economics of goods.” Bell argued that the new society would not displace the older one but rather overlie some of the previous layers just as the industrial society did not completely eradicate the agrarian sectors of our society. The post-industrial society's dimensions would include the spread of a knowledge class, the change from goods to services and the role of women. All of these would be dependent on the expansion of services in the economic sector and an increasing dependence on science as the means of innovating and organizing technological change.Bell prophetically stated in The Coming of the Post-Industrial Society that we should expect “… new premises and new powers, new constraints and new questions—with the difference that these are now on a scale that had never been previously imagined in world history.”

How design can transcend the logics, structures, and subjectivities of capitalism: a framework, theoretical grounding, and practical principles. The designed things, experiences, and symbols that we use to perceive, understand, and perform our everyday lives are much more than just props. They directly shape how we live. In Design after Capitalism, Matthew Wizinsky argues that the world of industrial capitalism that gave birth to modern design has been dramatically transformed. Design today needs to reorient itself toward deliberate transitions of everyday politics, social relations, and economies. Looking at design through the lens of political economy, Wizinsky calls for the field to transcend the logics, structures, and subjectivities of capitalism—to combine design entrepreneurship with social empowerment in order to facilitate new ways of producing those things, symbols, and experiences that make up everyday life. After analyzing the parallel histories of capitalism and design, Wizinsky offers some historical examples of anticapitalist, noncapitalist, and postcapitalist models of design practice. These range from the British Arts and Crafts movement of the nineteenth century to contemporary practices of growing furniture or biotextiles and automated forms of production. Drawing on insights from sociology, philosophy, economics, political science, history, environmental and sustainability studies, and critical theory—fields not usually seen as central to design—he lays out core principles for postcapitalist design; offers strategies for applying these principles to the three layers of project, practice, and discipline; and provides a set of practical guidelines for designers to use as a starting point. The work of postcapitalist design can start today, Wizinsky says—with the next project.

Textbook comprising interdisciplinary research readings on the working class in the USA - examines the social implications and economic implications of modernization for the working class, and covers social conflict, social stratification, social structure, prospects for social change, etc. References.

Bringing together ethnographic case studies of industrial labor from different parts of the world, Industrial Labor on the Margins of Capitalism explores the increasing casualization of workforces and the weakening power of organized labor. This division owes much to state policies and is reflected in local understandings of class. By exploring this relationship, these essays question the claim that neoliberal ideology has become the new ‘commonsense’ of our times and suggest various propositions about the conditions that create employment regimes based on flexible labor.

Invented in post-industrial 19th century Europe, the idea of capitalism originally sought to describe and explain the distinctive characteristics of an emerging modern world. Since then, capitalism has served to identify an economic system, a particular social structure, and a set of cultural values and mental attitudes. The subject of continuous debate among scholars for more than a century, capitalism has been accorded so many definitions, it is now virtually meaningless. Depending upon the interpreter, capitalism is synonymous with the market economy, the division of labor, credit creation, economic concentration, social polarization, class formation, the decline of kinship and community, patriarchy, property rights, contracts, acquisitiveness, the work ethic, conspicuous consumption, individualism and entrepreneurship. Noted economic historian Richard Grassby investigates the origins and evolution of the idea of capitalism to illustrate for readers the true nature, merits, and the future of capitalism. Grassby examines its numerous and often conflicting definitions, and he tests alternative models of capitalism against the historical record to establish when, where, how, and why modern economies and societies emerged. Although Grassby argues that capitalism is a concept with diminished explanatory power, he shows the influence of this powerful idea on the formation of the world we live in. This is required reading for classes on World history, modern European history, and economic history.

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.