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    Comparing Capitalisms for an Unknown Future

    Societal Processes and Transformative Capacity

    Author(s): Gordon Redding

    ISBN: 9781009303026
    Publication Date: 07/09/2023
    Pages: 92
    Format: Paperback
    Sale price£18.00 GBP

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    Comparing Capitalisms for an Unknown Future

    Comparing Capitalisms for an Unknown Future

    Cambridge University Press Bookshop

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    Systems of capitalism are conceived as formed under certain broad logics that apply to all, but which then interpret those logics in distinct ways society by society, seen as the society's own processes. Such processes cluster into three categories: an inspiring context; a transformative capacity; and empowered action. The political role is that of balancing the influences across the total. Each inspirational influence adds a key contribution, as with benevolent empowering authority, and critical thinking. Transformative capacity is built by: innovativeness and cooperativeness; and stable decentralized authority flows from communicative action, spontaneous emergent ordering; and competitive productivity. Societal progress may be explained in terms of the integrated workings of these processes to yield an ethically legitimate structure for the prosperity-driven creating and distributing of wealth. Two main stereotypes are examined to compare their workings and their outcomes: the Western free market democratic, and the Chinese party-state driven.