Beyond Capital and Labour A Study of Twentieth Century Economics Through the Works of Keynes, Marx and Steiner
ISBN: 978 0 948229 62 6
Modern economic history, that is, economic history since the early twentieth century, turns on two main considerations. Firstly, the rise of the Industrial Revolution and the consequent development of one-sided capitalism – meaning the relation between capital and labour has yet to be rightly understood, let alone given fruitful social form. Just as Sovietism proved bankrupt, the divide between workers and capitalists that haunts us still is surely not the end of our journey. Likewise, secondly, the Treaty of Versailles, with which World War 1 was concluded, remains an infamous case of vengeance resulting in impossible reparations and a complete skewing of subsequent history due to the rise of Hitler and his subsequent actions. Written in 1980, this short study endeavours to review the significance of those developments and to ask what direction humanity might otherwise have taken… and could yet take.