Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Capitalist Economy and Its Prosthetics: Necessity, Evolution and Dilemmas of a Brotherhood

The Capitalist Economy and Its Prosthetics: Necessity, Evolution and Dilemmas of a Brotherhood

Wächter, Gerhard H.

Paperback

Series: Edition Transcript

EconomicsGeneral Political ScienceGeneral Sociology

ISBN10: 3837672786
ISBN13: 9783837672787
Publisher: Transcript Publishing
Published: Sep 10 2024
Pages: 532
Weight: 1.56
Height: 1.08 Width: 6.00 Depth: 9.00
Language: English
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.

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