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Possessive Individualism – A Crisis of Capitalism - Oxford Scholarship Online
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Possessive Individualism: A Crisis of Capitalism

Daniel W. Bromley

Abstract

The emergence of authoritarian governments in much of Europe, the British vote to leave the European Union, and widespread political anger in the United States suggest that anxiety and uncertainty now threaten to undermine stable democracies. Decades of stagnant household incomes and growing inequality are casting doubt on the benefits of capitalism. Meanwhile, millions of desperate migrants streaming north out of Latin America, the Middle East, and Africa further jeopardize political stability in the wealthy metropole. We have here an explanation for why the world finds itself in widespread d ... More

Keywords: acquisitiveness, rights, alienation, personhood, managerial capitalism, loyalty, public trust, isolated periphery, migration, social hope

Bibliographic Information

Print publication date: 2020 Print ISBN-13: 9780190062842
Published to Oxford Scholarship Online: October 2019 DOI:10.1093/oso/9780190062842.001.0001

Authors

Affiliations are at time of print publication.

Daniel W. Bromley, author
Emeritus Professor of Applied Economics, University of Wisconsin-Madison