Cancer Stage Of Capitalism by John McMurtry

Cancer Stage Of Capitalism

byJohn McMurtry

Paperback | May 5, 1999

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In this bold new look at the recent uncontrolled spread of global capitalism, John McMurtry, professor of philosophy at the University of Guelph, develops the metaphor of modern capitalism as a cancer. Its invasive growth, he argues, threatens to break down our society's immune system and--if not soon restrained--could reverse all the progress that has been made toward social equity and stability. On every continent, in every state, there are indicators of profound economic and environmental collapse. From the lands of indigenous communities to the currency markets of Asia, from the ocean floors to the ozone layer, the collapse is all-encompassing and deep-reaching. John McMurtry traces the causes of this global disorder back to the mutating assumptions of market theory that now govern the world's economy. He diagnoses the malaise as a pathologist would a biological cancer, tracking the delinked circuits of the global system's monetised growth as a carcinogenic disorder at the social level of life-organization. In the wide-lensed tradition of Adam Smith, Marx and Keynes, McMurtry cuts across academic disciplines and boundaries to penetrate the inner logic of the system's problems. Far from pessimistic, he argues that the way out of the global crisis is to be found in an evolving substructure of history which provides a common ground of resolution across ethnic and national divisions. Reaching beyond conventional textbooks, this fascinating study offers a new paradigm which is accessible to intelligent citizens the world over.

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Title:Cancer Stage Of CapitalismFormat:PaperbackDimensions:328 pages, 8.46 × 5.31 × 0.8 inPublished:May 5, 1999Publisher:Pluto Press (UK)Language:English

The following ISBNs are associated with this title:

ISBN - 10:0745313477

ISBN - 13:9780745313474

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The global economic and environmental situation, explains Canadian radical philosophy professor John McMurtry, is like a cancer. Developing out of long-cherished assumptions about market theory that rule the current world economy, this cancer is leading the entire global economic and environmental system towards collapse. That is, unless we accept a new paradigm that crosses cultural and racial boundaries to forge a resolution built upon common ground. In his provocative book, The Cancer Stage of Capitalism, McMurtry works within the approaches of such social thinkers as Adam Smith and Marx to reveal the inner workings of our system’s mammoth problems. It develops an alternative that could save the stock market and the ozone layer.