America Beyond Capitalism: An "Evolutionary Reconstruction" of the System Is Necessary and Possible

Thursday, 12 July 2012 10:55 
By Gar Alperovitz, Democracy Collaborative Press | Book Excerpt 

This is the first chapter in an exclusive Truthout series from political economist and author Gar Alperovitz. We will be publishing weekly installments of the new edition of "America Beyond Capitalism," a visionary book, first published in 2005, whose time has come. 

The first edition of "America Beyond Capitalism" was published a few years too early. Although it argued that the nation already faced a systemic crisis in 2005 (not simply a political or economic crisis), the financial break-down and Great Recession that began in late 2007 had not yet occurred—to say nothing of the political outbreaks that began with the Wall Street "occupation" in late 2011. The book's message seemed distant to many readers. To some, its argument that fundamental institutional rebuilding was necessary—and, on the basis of the evidence, possible—seemed odd. Nor did large numbers take seriously the conclusion's prediction concerning emerging political-economic realities:

The first decades of the twenty-first century are likely to open the way to a serious debate about these and other systemic questions...


The prospects for near-term change are obviously not great–especially when such change is conceived in traditional terms. Indeed, although there may be an occasional progressive electoral win, there is every reason to believe that the underlying trends will continue their decaying downward course...