Ethics & International Affairs Volume 2 (1988): "Fairness" or Self-Interest? The Coming Economic Dilemma: The Coming Meltdown of Traditional Capitalism [Abstract]

Dec 2, 1988

Heilbroner challenges the concept that capitalism is purely an economic system and asserts it is rather a regime informed by social and political forces. The relentless pursuit of capital is the process" by which the social order manifests its historical vigor."Within the regime of capitalism two realms of power and authority, the state and the economy, exist in a dialectic marked, in normal circumstances, by the concession of the incomparably more powerful state to the current interest of capital. However, the rise of international capitalism has changed this dynamic. Heilbroner describes this historical movement and ponders what capitalism will look like after its traditional form gives way.

To read or purchase the full text of this article, click here.

You may also like

MAR 15, 2022 Journal

Ethics & International Affairs Volume 36.1 (Spring 2022)

The highlight of this issue is a roundtable organized by Jesse Kirkpatrick on moral injury, trauma, and war, featuring contributions by Jesse Kirkpatrick, Daniel Rothenberg, ...

JAN 4, 2022 Journal

Ethics & International Affairs Volume 35.4 (Winter 2021)

The issue features a book symposium organized by Michael Blake on Anna Stilz's "Territorial Sovereignty," with contributions from Adom Getachew; Christopher Heath Wellman; and Michael ...

JUL 9, 2020 Journal

Ethics & International Affairs Volume 34.2 (Summer 2020)

The highlight of the Summer 2020 issue of "Ethics & International Affairs" is a roundtable organized by Daniel R. Brunstetter on limited strikes and the associated ethical, ...