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Crises of Capitalism and Social Democracy

Most Americans don t like Wall Street too much, but their bovine allegiance to capitalism sold as the American Way of Life remains strong With an excellent critique of Robert Reich s dated social democratic interpretation of modern finance capitalism and the reformist solutions no longer feasible under the present global regime.  John Bellamy Foster is best-known as author of Marx’s Ecology (2000; in which he corrects the popular misapprehension that Marx did not ‘get’ environmental limits), and as editor of Monthly Review (monthlyreview.org), the journal founded by Marxist economist Paul Sweezy in the late 1940s.  In his latest book, The Endless Crisis

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