After Capitalism. A presentation of the main points of the book by David Schweickart Schweickart’s ‘Successor System Theory’. □ It should be concrete . After Capitalism by David Schweickart (Rowman & Littlefield, Lanham, MD, ) pages, $70 hardcover, $ paperback. ARE TODAY’S MOVEMENTS. Liberal, democratic capitalism as the end of history? Not necessarily. After Capitalism argues that there are forces developing in the world today that might.

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Views Read Edit View history. I loved how concise and readable this book is too–in that sense it’s very much like the Communist Manifesto quoted.

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As such communities would change the social relations of only the people voluntarily joining them, there is no imposition of wills upon unwilling parties, either of workers being forced to live under capitalist despotism, or of capitalists being shorn of their dominance of the political system. Wage labor would be eliminated — while maintaining intact a system of competing private firms — by establishing one-person-one-vote democratic management within each firm. Otherwise, after paying their capital assets tax, some firms will find themselves with more profits than others, and use the excess for expansion purposes instead of personal consumption, thereby circumventing the social investment process.

The negative association of central planning to failed Soviet-style authoritarian systems must certainly be faced. But he does not examine the social forces that might maintain, or erode, the rules themselves. He uses all these as resources, but he returns to American soil to cavid out his basic ideas and proposals Schweiciart using this site, you agree to the Terms of Use and Privacy Policy. David Schweickart is a professor of philosophy at Loyola University Chicago.


The economy will no longer depend on expectations of a return on financial assets in order to avoid the consequences of sluggish growth or recession.

He was Loyola’s Faculty Member of the Year in Schweickart is quite categorical about the consequences of democratic management. These, of course, are the questions that would be posed by a historical materialist approach to economic development. For the full review, go to carldavidson.

David Schweickart’s ‘After Capitalism’

Schweickart seems to think so, and I confess this book largely convinced me that his system, which he calls Economic Democracy, is a plausible and a pluralistic solution.

Jan 24, Andrew rated it it was amazing Shelves: Afterwards, I felt I was much in line with Schweickart’s perspective: His work has been translated into French, Spanish, Catalan, and Chinese. As has often been pointed out by radical and non-radical economists, however, capitalist profits — even if distributed as dividends — represent essential financial strength that allows firms to get the edge on their competition as well as giving them a positive incentive to expand.

They are, however, required to allocate investment funds to geographic regions on an equal per capita basis. Profits remain a potential weapon in an economic war.

After Capitalism (New Critical Theory)

Investment in plant and equipment is to be funded by means of a tax on the value of existing structures, actually a kind of lease on fixed capital which may not be privately ownedpaid by firms to the state.

Anarchistic free school Homeschool Democratic education Learning by teaching. Nov 30, Aaron Dellutri rated it really liked it. What political pressures will thereby emerge? Eliminating extreme wealth and giant conglomerates will democratize both the information media and the electoral process, and the fear that financial markets will react poorly to social welfare spending will no longer be a concern.

The tax proceeds are recycled through a system of public banks whose operatives earn their living according to how well they judge both the profitability and employment creation potential of prospective investment plans presented to them.


Nevertheless, Schweickart does attempt to describe for us a social system whose features and consequences he discusses in thorough detail.

David Schweickart – Wikipedia

Economic Democracy remains just an abstract hypothesis, though, and no matter how plausible it may look on paper we can’t be sure it will actually work until we try it and test it.

As in his earlier works, Schweickart writes with vigor and clarity.

Sign up for our Solidarity Newsletter. Surely a post-Marxist theorist of economic systems ought to address whether this feature of market production can ever be consistent with democratic forms of economic development, or point out to readers why it can now be transcended. Over some 30 years, Schweickart Loyola Univ. Groups who have pooled their saved money may start a large private business, or lend these savings to others who do so leading towards a private banking system.

The incentive to increase firm size in order to increase profits will be absent, since higher profits will have to be shared among an increased number of workers. Building Cohousing Student housing Housing society egalitarian Intentional community. Cecily Kritz rated it really liked it Mar 20, Workplace democracy will increase social solidarity, reducing divisiveness between social groups and encouraging the human tendency to take care of those less able to engage in productive labor.