Escape from Capitalism
An Intervention
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Escape from Capitalism
Narrated by:
Deborah McBride
Buy Now for £10.11
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Narrated by:
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Deborah McBride
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By:
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Clara E. Mattei
Summary
We live in a world where cuts to social programs are deemed necessary, unemployment is considered natural, and rising living costs are accepted as normal. We’re told that change isn’t possible—the markets know best and there’s no alternative to capitalism. But what if mainstream economics itself is the problem?
In this groundbreaking manifesto, economist Clara E. Mattei shows us how the dogma that rules our economies is not only delusional but also detrimental to our societies and livelihoods and fundamentally hostile to working people. Pseudoscientific models are used to justify enduring problems such as poverty and inequality in order to support a system that unfairly rewards people who already have the most resources.
Today’s economic institutions, from the Federal Reserve to the International Monetary Fund, wield immense power over monetary policy yet are shielded from democratic scrutiny. All the major problems we face—from a health care system that prioritizes profits over well-being to the rise of ultranationalism—are rooted in an economic system that fails to serve the common good.
Why should we accept this? In this urgent intervention against capitalism, Mattei shows how escaping this system begins with understanding the economy from a fundamentally different perspective. The time has come to challenge the broken economics of our modern age—to achieve true economic freedom and finally escape from capitalism.
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Critic reviews
"A compelling and insightful book on austerity that, through meticulous research and historical documentation, unveils the deep political forces behind economic decisions and offers essential tools for understanding today’s world."
—Thomas Piketty, author of Capital in the Twenty-First Century
—Thomas Piketty, author of Capital in the Twenty-First Century
"Capitalism seems invincible and inevitable. It is neither. Clara Mattei's new book illustrates brilliantly its fragility and, in so doing, restores hope that everything could be different."
—Yanis Varoufakis, author of Technofeudalism
—Yanis Varoufakis, author of Technofeudalism
“A brilliantly illuminating book that reveals how political power is encoded within the very structure of economic theory.”
— Adam Tooze, author of Crashed and Shutdown
— Adam Tooze, author of Crashed and Shutdown
"One of the brightest voices of a coming generation, Clara Mattei here offers an impassioned plea for new and wider economic and political horizons."
—James K. Galbraith, Professor of Government, The University of Texas at Austin
—James K. Galbraith, Professor of Government, The University of Texas at Austin
"Clara Mattei has written a powerful plaidoyer for the return of economics to what it was, and should be: an art and science for the improvement of lives of ordinary people not a seemingly non-political and technocratic instrument for the enrichment of the few."
—Branko Milanovic, author of Capitalism, Alone
—Branko Milanovic, author of Capitalism, Alone
"A book for the times. Mattei takes aim at the notion that the forces which regulate market and social outcomes are socially neutral."
—Anwar Shaikh, author of Capitalism
—Anwar Shaikh, author of Capitalism
"The increasingly dysfunctional capital order we live in is neither inevitable nor permanent. Clara Mattei brilliantly shows this order was built by design and provocatively challenges us to imagine new, genuinely democratic ones in its place."
—Daniela Gabor, Professor of Economics, SOAS University of London
—Daniela Gabor, Professor of Economics, SOAS University of London
"A brilliant and lucid exposé of how capitalism actually works, and the myths that economists have spun to hide that reality."
—William Davies, author of The Happiness Industry
—William Davies, author of The Happiness Industry
“Mattei concisely and elegantly runs through common claims in capitalism’s favor… Readers will come away ready for change.”
—Publishers Weekly
—Publishers Weekly
"As people struggle with the volatility and inequities of capitalism, this relevant book will spark conversation."
—Library Journal (starred review)
—Library Journal (starred review)
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