While it is often acknowledged that we live in a 'postindustrial' age, our economic concepts have lagged far behind our postmodern sensibility. In this incisive new work, the well-known sociologist, Fred Block, sheds obsolete and shopworn economic analysis by presenting a bold, sweeping reconceptual[...]
What is it about free-market ideas that give them staying power despite such manifest failures as persistent unemployment, widening inequality, and the severe financial crises that have stressed Western economies over the past forty years? Fred Block and Margaret Somers extend the work of the politi[...]