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The Future of U.S. Capitalism

Author

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  • Pryor,Frederic L.

Abstract

This multidisciplinary book looks at the long-term forces that are shaping the most important economic institutions in the US in the coming decades. The style is lively and clear, with a series of appendices focusing on technical issues of interest to specialists. The author foresees a declining rate of growth, a widening of the inequalities of income, and an increasing share of individual markets taken by a small number of large corporations. Combined with declining social solidarity and trust in government, he foresees an ever harder edge to the way in which capitalism will function in the future. The economic role of government will decline in the fields of stabilization and regulation, but government expenditures will become higher due to the aging of the population. This provocative book looks at the US from a novel viewpoint and shows how many commonly accepted views of the US economy need to be revised.

Suggested Citation

  • Pryor,Frederic L., 2002. "The Future of U.S. Capitalism," Cambridge Books, Cambridge University Press, number 9780521813587, October.
    • Handle: RePEc:cup:cbooks:9780521813587
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    Cited by:

    1. Elena Cefis & Orietta Marsili & Hans Schenk, 2009. "The effects of mergers and acquisitions on the firm size distribution," Journal of Evolutionary Economics, Springer, vol. 19(1), pages 1-20, February.
    2. Milan Zafirovski, 2020. "Reopening the Black Box of Capitalist Dictatorship: Indicators and Aggregate Indexes for OECD Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 151(3), pages 943-979, October.
    3. Milan Zafirovski, 2024. "Distributive justice revisited in a comparative setting: the fairness of wages in OECD countries and modalities of society," SN Business & Economics, Springer, vol. 4(1), pages 1-44, January.
    4. Martina Rašticová & Valery Senichev, 2011. "Multiculturalism at Czech universities as a predictor of diversity work place. The case of students from former Soviet Union," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 59(7), pages 325-336.

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