Myths of Capitalism
A Guide for the 99%
by
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Myths of Capitalism shows that tenets of the capitalist belief system – the sanctity of private property, the social benefits of profit, etc. – do not hold up under empirical scrutiny. It also addresses seminal issues such as: enforced scarcity resulting from technological advances in production; the historically unique and unsustainable separation of political and economic systems resulting from the 18th century democratic revolutions; the ruling-class drive to replace democratic government with a global plutocracy; and increased democratic participation as the only route to systemic change. A comprehensive primer on the capitalist system, written in layman’s language and non-polemical, this is a book for everyone, including students of economics and political science.
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About the Book
Myths of Capitalism shows that tenets of the capitalist belief system – the sanctity of private property, the social benefits of profit, etc. – do not hold up under empirical scrutiny. It also addresses seminal issues such as: enforced scarcity resulting from technological advances in production; the historically unique and unsustainable separation of political and economic systems resulting from the 18th century democratic revolutions; the ruling-class drive to replace democratic government with a global plutocracy; and increased democratic participation as the only route to systemic change. A comprehensive primer on the capitalist system, written in layman’s language and non-polemical, this is a book for everyone, including students of economics and political science.
About the Author
Andrew Torre is a political columnist residing in Vermont with articles appearing regularly in all of the state’s leading newspapers, including The Burlington Free Press, Rutland Herald, Bennington Banner, and Manchester Journal. A long-time political activist and member of the Vermont Progressive Party, he has lectured on political economy at local colleges and has appeared as guest speaker on public TV shows. Other publishing credits include short stories appearing in literary journals.