Since the 1980's, a particular definition of the United States and the global economy as being "capitalist" has become hegemonic. In this view, a capitalist economy is autonomous, coherent, and needs to be regulated by its own internal laws. This view is an illusion. The reality is that...

Preface -- Introduction -- The current rules -- More market power, less competition -- The growth of the financial sector -- The "shareholder revolution", the rise of ceo pay, and the squeezing of workers -- Lower taxes for the wealthy -- The end of full-employment monetary policy -- The...

Machine generated contents note: List of Tables -- Acknowledgments -- Introduction: Paving the High Road; Closing the Low Road -- Part I-European Social Democracy Points Toward the High Road -- 1 Social Citizenship: Lessons from Sweden -- 2 Associative Democracy: Lessons from Europe's German...