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Postcapitalism: A Guide to Our Future
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Farrar, Straus and Giroux 2016
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Description

We know that our world is undergoing seismic change—but how can we emerge from the crisis a fairer, more equal society?
Over the past two centuries or so, capitalism has undergone profound changes—economic cycles that veer from boom to bust—from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
At the heart of this change is information technology, a revolution that is driven by capitalism but, with its tendency to push the value of much of what we make toward zero, has the potential to destroy an economy based on markets, wages, and private ownership. Almost unnoticed, in the niches and hollows of the market system, swaths of economic life are beginning to move to a different rhythm. Vast numbers of people are changing how they behave and live, in ways contrary to the current system of state-backed corporate capitalism. And as the terrain changes, new paths open.
In this bold and prophetic book, Mason shows how, from the ashes of the crisis, we have the chance to create a more socially just and sustainable economy. Although the dangers ahead are profound, he argues that there is cause for hope. This is the first time in human history in which, equipped with an understanding of what is happening around us, we can predict and shape the future.

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Format:
Adobe EPUB eBook, Kindle Book, OverDrive Read
Street Date:
02/09/2016
Language:
English
ISBN:
9780374710699
ASIN:
B011I42XQ0
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Citations
APA Citation (style guide)

Paul Mason. (2016). Postcapitalism: A Guide to Our Future. Farrar, Straus and Giroux.

Chicago / Turabian - Author Date Citation (style guide)

Paul Mason. 2016. Postcapitalism: A Guide to Our Future. Farrar, Straus and Giroux.

Chicago / Turabian - Humanities Citation (style guide)

Paul Mason, Postcapitalism: A Guide to Our Future. Farrar, Straus and Giroux, 2016.

MLA Citation (style guide)

Paul Mason. Postcapitalism: A Guide to Our Future. Farrar, Straus and Giroux, 2016.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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      • value: end of capitalism
      • value: History of capitalism
      • value: Economic Forecast
      • value: new economic systems
      • value: post capitalism
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        Dr Paul Mason
        Paul's interdisciplinary practice spans a number of Chambers' practice areas. In particular, serious crime, media law, international crime and public law. This includes judicial review challenges in a criminal justice context; acting for media organisations and journalists in cases concerning free speech and defending those exercising their right to protest. Before being called to the Bar, Paul was a researcher in the Public Law Team at the Law Commission. He was also Director of Postgraduate Research and Senior Lecturer in the Cardiff School of Journalism Previously, he was a Reader in Criminology He is widely published, including four books and numerous journal articles and book chapters.

      • name: Paul Mason
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fullDescription

We know that our world is undergoing seismic change—but how can we emerge from the crisis a fairer, more equal society?
Over the past two centuries or so, capitalism has undergone profound changes—economic cycles that veer from boom to bust—from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
At the heart of this change is information technology, a revolution that is driven by capitalism but, with its tendency to push the value of much of what we make toward zero, has the potential to destroy an economy based on markets, wages, and private ownership. Almost unnoticed, in the niches and hollows of the market system, swaths of economic life are beginning to move to a different rhythm. Vast numbers of people are changing how they behave and live, in ways contrary to the current system of state-backed corporate capitalism. And as the terrain changes, new paths open.
In this bold and prophetic book, Mason shows how, from the ashes of the crisis, we have the chance to create a more socially just and sustainable economy. Although the dangers ahead are profound, he argues that there is cause for hope. This is the first time in human history in which, equipped with an understanding of what is happening around us, we can predict and shape the future.

reviews
      • premium: True
      • source: Publisher's Weekly
      • content:

        December 14, 2015
        Mason, economics editor for Britain’s Channel 4 News, predicts that a new economic order will rise from the ashes of neoliberal capitalism, and that it will involve a new, digital-savvy, independent-minded workforce motivated by rewards other than money. Already, this new world is appearing—but Mason explains that it has been stalled by neoliberals intent on perpetuating the status quo. At first, Mason’s ideas may appear hopelessly unrealistic and utopian. Yet his passion is so contagious, his prose so absorbing, and his thoughts so intriguing that the reader is soon swept up in his enthusiasm. Parts I and II of the book comprise a fascinating review of the history of economic thought. Part III (where Mason’s credibility declines sharply) describes how we might transition peacefully from capitalism to a new age, one ideally featuring very limited global warming, greatly increased prosperity, and work becoming voluntary. How this is to be practically achieved is scarcely explained; Mason merely observes that weathering digital-era disruptions should be easy compared to, for example, the seismic shift in gender roles effected by contraceptive pills. Nonetheless, this book’s vision for the future, even if unlikely, is absorbing and provocative.

      • premium: True
      • source: Kirkus
      • content:

        November 15, 2015
        Capitalism, writes a British journalist/broadcaster, verges now on self-destruction, and he forecasts an economic future quite unlike any we've known.Predicting the end of capitalism is a game at least as old as Karl Marx, but Mason (Why It's Still Kicking Off Everywhere: The New Global Revolutions, 2012, etc.) reminds us that this socio-economic system has not always been with us and, despite its remarkable adaptability, carries with it no guarantee of perpetuity. Old arrangements that ordered the feudal era, after all, collapsed, and something similar may be happening today, requiring us to abandon accepted notions about markets, supply and demand, property ownership and exchange, and "the old relationship between wages, work, and profit." From a forthrightly leftist perspective, Mason analyzes the external forces--principally income inequality and climate change--and the internal contradictions eroding capitalism as we know it. These he traces to information technology, an unprecedented development that reduces the need for work, corrodes market mechanisms accustomed to scarcity rather than abundance, and features collaborative production of goods and services. The transformation to post-capitalism, he writes, will not be led by the old-model, industrial-laboring class but rather midwifed by the "values, voices, and morals" of a networked generation, connected people who today operate in the interstices of the current system and who tomorrow will replace it. Even readers not quite persuaded will appreciate Mason's readable, reportorial style, his use of a wide range of economists, business gurus, and economic thinkers to help support his thesis, and his deft treatment of sometimes-difficult economic theories. He's especially good on the Stalin-era "wave-theory" economist Nikolai Kondratieff, and he shines an eye-opening light on Marx's 1858 Fragment on Machines (unpublished in English till 1973), which hints at a "route out of capitalism" similar to Mason's own. A radical diagnosis and a bold prognostication bound to energize progressives.

        COPYRIGHT(2015) Kirkus Reviews, ALL RIGHTS RESERVED.

      • premium: True
      • source: Library Journal
      • content:

        January 1, 2016

        British economics journalist Mason (Why It's Kicking Off Everywhere) thinks that information technology is creating such vast changes that the capitalist system can't adapt and is therefore ripe for replacement. He argues that information technology tends "to dissolve markets, destroy ownership and break down the relationship between work and wages" and that the transition to postcapitalism, if it is to take place, needs to be based upon experimentation, collaboration, and arbitration rather than the Soviet-style command and control. Mason even describes "the emergence of a new kind of human being." In arguing for these large claims, which are made with an air of total assurance, the author utilizes various analytical tools such as the labor theory of value and Nikolai Kondratieff's "long wave theory," though he is not averse to modifying those frameworks. Despite Mason's preemptive protests, it is easy to regard the book as an exercise in technoutopianism. Readers unconvinced by the arguments may still find the discussion of certain aspects of the history of economic thought to be of interest. VERDICT This prolix, sophisticated work is most likely to appeal to those with a developed taste for speculating about the future. [See Prepub Alert, 8/24/15.]--Shmuel Ben-Gad, Gelman Lib., George Washington Univ., Washington, DC

        Copyright 2016 Library Journal, LLC Used with permission.

      • premium: True
      • source: Library Journal
      • content:

        September 15, 2015

        The award-winning economics editor of Britain's Channel 4 News, Mason looks at the current economic earthquake and predicts that capitalism as we know it will vanish, driven out by the prevailing information (-wants-to-be-free) technology, which has effectively undermined markets, wages, and private ownership. The result, he argues, will be a more equitable and sustainable type of economy.

        Copyright 2015 Library Journal, LLC Used with permission.

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shortDescription

We know that our world is undergoing seismic change—but how can we emerge from the crisis a fairer, more equal society?
Over the past two centuries or so, capitalism has undergone profound changes—economic cycles that veer from boom to bust—from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
At the heart of this change is information technology, a revolution that is driven by capitalism but, with its tendency to push the value of much of what we make toward zero, has the potential to destroy an economy based on markets, wages, and private ownership. Almost unnoticed, in the niches and hollows of the market system, swaths of economic life are beginning to move to...

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      • code: POL042060
      • description: Political Science / Political Ideologies / Capitalism