Capitalism and Social Progress

Download or read book Capitalism and Social Progress written by P. Brown and published by Springer. This book was released on 2001-02-13 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.