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  7. Corporations, Accounting, Securities Laws, and the Extinction of Capitalism

Corporations, Accounting, Securities Laws, and the Extinction of Capitalism

Wm Dennis Huber
Livre relié | Anglais | Routledge Frontiers of Political Economy
182,45 €
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Description

Ever since Marx, the future of capitalism has been fiercely debated. Marx and his followers predicted capitalism will end by violent overthrow, while others prophesied its demise will be the result of collapsing under its own weight. Still others argue that capitalism will not only continue to exist but continue to expand globally. This book takes a distinctively different approach by presenting solid evidence that capitalism has already ended.

The author argues that corporate statutory law, securities laws, and generally accepted accounting principles have combined to cause the extinction of capitalists. Without capitalists as owners of capital, there can be no capitalism. The book examines the factors that converged to contribute to and hasten the extinction of capitalists, and thus of capitalism as an economic system, in an ironic case of the law of unintended consequences. The very things that were intended to promote, protect, and sustain capitalism are the things that caused its death. It exposes the fallacy that capitalism as an economic system not only continues to exist but is expanding globally. Capitalism is extinct and the social system constructed on capitalism as an economic system cannot be sustained.

This book will appeal to economists, accountants, historians, political scientists, lawyers and sociologists, as well as students of those disciplines.

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Contenu

Nombre de pages :
176
Langue:
Anglais
Collection :

Caractéristiques

EAN:
9781032147611
Date de parution :
18-07-22
Format:
Livre relié
Format numérique:
Genaaid
Dimensions :
156 mm x 234 mm
Poids :
458 g

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