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

AUG 9, 2023 Podcast

Nuclear Ethics for this Moment

This panel explores ethical questions surrounding nuclear weapons and builds upon a symposium published in the most recent issue of "Ethics & International Affairs."

MAY 10, 2023 Journal

Ethics & International Affairs Volume 37.1 (Spring 2023)

The editors of "Ethics & International Affairs" are pleased to present the Spring 2023 issue of the journal! The highlight of this issue is a symposium organized ...

MAY 4, 2023 Article

A New Era for "Ethics & International Affairs"

The editors of Carnegie Council's quarterly journal "Ethics & International Affairs" are proud to announce the beginning of a new era in our publishing history. Starting ...

Not translated

This content has not yet been translated into your language. You can request a translation by clicking the button below.

Request Translation