Capitalism and Social Progress: The Future of Society in a Global Economy

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Palgrave Macmillan, Feb 13, 2001 - Business & Economics - 338 pages
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Why are America and Britain wealthier than ever but millions of children live in poverty, neighbourhoods want for basic amenities and the middle classes fear for their families, jobs and futures? The answer is not to be found in globalization, technological innovation, or our personal failings to adapt to changing circumstances as we are so often told. The answer lies mainly with the historical legacy of the 'golden era' and the obsession with market individualism. An obsession that the New Democrats in America and the New Labour in Britain have failed to exorcize. Yet the forces of knowledge-driven capitalism provide an unprecedented opportunity at the beginning of the twenty-first century to build societies based on the individual and collective intelligence of all. Capitalism and Social Progress shows how this can be achieved.

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About the author (2001)

PHILLIP BROWN is Research Professor in Sociology at Cardiff University. His publications include Schooling Ordinary Kids; Education, Unemployment and Labour Markets; Beyond Thatcherism; Poor Work; Education for Economic Survival; Higher Education and Corporate Realities and Education: Culture, Economy and Society.

HUGH LAUDER is Professor of Education and Political Economy at the Department of Education, University of Bath. His academic books include Trading in Futures; Why Markets in Education Don't Work; Education in Search of a Future; Education for Economic Survival; Towards Successful Schooling and Education, Culture, Economy and Society.