Back to home page - News From Nowhere Radical & Community Bookshop
news from nowhere
Liverpool's Radical & Community Bookshop
not-for-profit · a worker's co-operative · committed to social change
Search for & order any book in print:
(goes to our order website)
This book appears in the following booklists

in categories:Anti-Capitalism & Global Inequality,

Order this book online - this link leads to our secure order website which will indicate how long the book will take to order.

(Availability of '24-48 hours' means our wholesaler has stock - we place orders 2-3 times a week & receive the books next day.)

(Availability of '7-10 days' or 'Special Order' means we order direct from the publisher - order times vary, many supply within 10 days.)

Phone us: 0151 708 7270

enquire about this book

Mail order, postage & payment information

more about ordering books

The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay

by Guy Standing
£17.99   hardback  Biteback Publishing (2016)

The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay by Guy Standing There is a lie at the heart of global capitalism. Politicians, financiers and global bureaucrats claim to believe in free competitive markets, but have constructed the most unfree market system ever. It is corrupt because income is channelled to the owners of property – financial, physical and intellectual – at the expense of society.
 
This book reveals how global capitalism is rigged in favour of rentiers to the detriment of all of us, especially the precariat. A plutocracy and elite enriches itself, not through production of goods and services, but through ownership of assets, including intellectual property, aided by subsidies, tax breaks, debt mechanisms, revolving doors between politics and business, and the privatisation of public services. Rentier capitalism is entrenched by the corruption of democracy, manipulated by the plutocracy and an elite-dominated media.
 
Meanwhile, wages stagnate as labour markets are transformed by outsourcing, automation and the on-demand economy, generating more rental income while expanding the precariat.
 
The Corruption of Capitalism argues that rentier capitalism is fostering revolt, and concludes by outlining a new income distribution system that would achieve the extinction of the rentier while promoting sustainable growth.

ISBN 13: 9781785900440 | ISBN 10: 1785900447