||0 of 0 people found the following review helpful.| A world-changing book|By Gilles CHRISTOPH|Paul Auerbach’s one-of-a-kind, once-in-a-generation political economy treatise offers a lucid diagnosis of what went wrong with the Western world over the course of the twentieth century and suggests a realistic, progressive way out of our current predicament.
The book addresses an enduring mystery. The 2008 financial||“Auerbach (Kingston Univ., UK) begins with a blunt description of present-day capitalism as a system of instability and dysfunction, producing inequality, unemployment, and diminishing prospects. Socialist Optimism offers an alternative vision for the f
Paul Auerbach's Socialist Optimism offers an alternative political economy for the twenty-first century. Present-day capitalism has generated growing inequality of income and wealth, persistent high levels of unemployment and ever-diminishing prospects for young people. But in the absence of a positive vision of how society and the economy might develop in the future, the present trajectory of capitalism will never be derailed, no matter how acute the critique of presen...
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