Social Economy: The Logic Of Capitalist Development (routledge Frontiers Of Political Economy, 8)

SOCIAL ECONOMY Is socialism the antithesis of capitalism, or does it arise through the process of capitalism itself? Contrary to much Marxist thought, Everling does not view socialism as the antithesis of capitalism and argues that socialism is, among other things, an objective development of capitalism. As capitalism develops, it creates the premises for social development which are also the bases for a socialist and democratic construction of society. Drawing on economics, urban geography, political theory, and Marxism, Social Economy: • examines the evolution of capitalism from its early industrial form to its present urban and global ones; • shows how Marx understood the economy as a unity of production, distribution, exchange, and consumption engaged in social reproduction; • explores the contradictory evolution of US corporations and urban development from 1945 to the present; • argues that urban space involves requirements for social and individual reproduction which extend well beyond limits inherent in transnational corporate private appropriation. Using his unique arguments, Everling makes the case that economic expansion can now best be secured by forms of development that take us beyond the limits of capitalism and point towards a democratic and socialist society. Clark Everling is a Professor at Harry Van Arsdale Jr School of Labor Studies, Empire State College, State University of New York. He has written articles on trade unions, politics, and Marxism. He is a lifelong civil rights, trade union, and political activist and has been a labor educator for the last 25 years. ROUTLEDGE FRONTIERS OF POLITICAL ECONOMY 1 EQUILIBRIUM VERSUS UNDERSTANDING Towards the Rehumanization of Economics within Social Theory Mark Addleson 2 EVOLUTION, ORDER AND COMPLEXITY Edited by Elias L.Khalil and Kenneth E.Boulding 3 INTERACTIONS IN POLITICAL ECONOMY Malvern after Ten Years Edited by Steven Pressman 4 THE END OF ECONOMICS Michael Perelman 5 PROBABILITY IN ECONOMICS Omar F.Hamouda and Robin Rowley 6 CAPITAL CONTROVERSY, POST KEYNESIAN ECONOMICS AND THE HISTORY OF ECONOMIC THEORY Essays in Honour of Geoff Harcourt, Volume One Edited by Philip Arestis, Gabriel Palma and Malcolm Sawyer 7 MARKETS, UNEMPLOYMENT AND ECONOMIC POLICY Essays in Honour of Geoff Harcourt, Volume Two Edited by Philip Arestis, Gabriel Palma and Malcolm Sawyer 8 SOCIAL ECONOMY The Logic of Capitalist Development Clark Everling SOCIAL ECONOMY The logic of capitalist development Clark Everling London and New York First published 1997 by Routledge 11 New Fetter Lane, London EC4P 4EE This edition published in the Taylor & Francis e-Library, 2005. “ To purchase your own