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The Capitalism Delusion
by
Bob Ellis
In the free market we trust.
Look where that's got us.
With our economy based upon money as illusory as God's love, Bob Ellis calls time on free market fundamentalism.
We put our faith in a system that awards do-nothing CEOs with millions as their companies collapse and provoke a global crisis. We judge corporate success on the number of sackings, fund the privatisation of e...more
Look where that's got us.
With our economy based upon money as illusory as God's love, Bob Ellis calls time on free market fundamentalism.
We put our faith in a system that awards do-nothing CEOs with millions as their companies collapse and provoke a global crisis. We judge corporate success on the number of sackings, fund the privatisation of e...more
Paperback, 306 pages
Published
2009
by Penguin
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Nowadays, the understanding that Capitalism is the be-all and end-all of economics is suffering a beating. Unfettered Capitalism felt it could do whatever it wanted, and economic rationalists and fundamentalists encouraged the view. The result has been, and will continue to be, disastrous. Books like this one are a useful and necessary antidote against this belief in the salvific quality of unfettered Capitalism.
Those familiar with Bob Ellis' writing will find much to further to enjoy in this hi...more
Those familiar with Bob Ellis' writing will find much to further to enjoy in this hi...more
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this book is basically 300 pages of ranting and railing against the problems of unfettered capitalism. many of his specific grievances (say about 30% or so) seem exaggerated or unevenly argued, and would not stand up to cold, sober debating. However, the remaining two-thirds are points against which it would be much harder for a die-hard capitalist to brush off, and about which we should be concerned (and angry, as the author clearly is).
Similarly, some of the suggestions for change that he cram...more
Similarly, some of the suggestions for change that he cram...more
This book is just one long rant. Bob Ellis is angry. Angry at capitalism, angry at greed, and angry at those governments who seem to be letting greedy capitalists do as they wish. While Ellis' way is too extreme for me, the evidence he gives is nevertheless compelling. Strip away the strong rhetoric (and it sure the hell is strong) and what we have is a passionate plea for 'social democracy'.
I do wonder if there is some madness in Ellis' method though. Does he really believe that "capitalism is...more
I do wonder if there is some madness in Ellis' method though. Does he really believe that "capitalism is...more
Perfect for lay capitalists like me.
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