American Law in the Age of Hypercapitalism

Since the fall of communism, laissez-faire capitalism has experienced renewed popularity. Flush with victory, the United States has embraced a particularly narrow and single-minded definition of capitalism and aggressively exported it worldwide. The defining trait of this brand of capitalism is an u...

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Հիմնական հեղինակ: Colker, Ruth
Ձևաչափ: Online
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Հրապարակվել է: NYU Press 2023
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Առցանց հասանելիություն:ONIX_20231005_9780814790175_133
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author Colker, Ruth
author_browse Colker, Ruth
author_facet Colker, Ruth
author_sort Colker, Ruth
collection Directory of Open Access Books
description Since the fall of communism, laissez-faire capitalism has experienced renewed popularity. Flush with victory, the United States has embraced a particularly narrow and single-minded definition of capitalism and aggressively exported it worldwide. The defining trait of this brand of capitalism is an unwavering reverence for the icons of the market. Although promoted as a laissez-faire form of capitalism, it actually reflects the very evils of selfishness and greed by entrepreneurs that concerned Adam Smith. Capitalism, however, can thrive without an extreme emphasis on efficiency and personal autonomy. Americans often forget that theirs is a rather peculiar form of capitalism, that other Western nations successfully maintain capitalistic systems that are fundamentally more balanced and nuanced in their effect on society. The unnecessarily inhumane aspects of American capitalism become apparent when compared to Canadian and Western European societies, with their more generous policies regarding affirmative action, accommodation for disabled persons, and family and medical leave for pregnant woman and their partners. In American Law in the Age of Hypercapitalism, Ruth Colker examines how American law purports to reflect--and actively promotes--a laissez-faire capitalism that disproportionately benefits the entrepreneurial class. Colker proposes that the quality of American life depends also on fairness and equality rather than simply the single-minded and formulaic pursuit of efficiency and utility.
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spelling doab-20.500.12854ir-1143452024-03-30T23:23:14Z American Law in the Age of Hypercapitalism Colker, Ruth Law thema EDItEUR::L Law::LA Jurisprudence and general issues Since the fall of communism, laissez-faire capitalism has experienced renewed popularity. Flush with victory, the United States has embraced a particularly narrow and single-minded definition of capitalism and aggressively exported it worldwide. The defining trait of this brand of capitalism is an unwavering reverence for the icons of the market. Although promoted as a laissez-faire form of capitalism, it actually reflects the very evils of selfishness and greed by entrepreneurs that concerned Adam Smith. Capitalism, however, can thrive without an extreme emphasis on efficiency and personal autonomy. Americans often forget that theirs is a rather peculiar form of capitalism, that other Western nations successfully maintain capitalistic systems that are fundamentally more balanced and nuanced in their effect on society. The unnecessarily inhumane aspects of American capitalism become apparent when compared to Canadian and Western European societies, with their more generous policies regarding affirmative action, accommodation for disabled persons, and family and medical leave for pregnant woman and their partners. In American Law in the Age of Hypercapitalism, Ruth Colker examines how American law purports to reflect--and actively promotes--a laissez-faire capitalism that disproportionately benefits the entrepreneurial class. Colker proposes that the quality of American life depends also on fairness and equality rather than simply the single-minded and formulaic pursuit of efficiency and utility. 2023-10-05T10:03:40Z 2023-10-05T10:03:40Z 1998 book ONIX_20231005_9780814790175_133 9780814790175 https://directory.doabooks.org/handle/20.500.12854/114345 eng Critical America image/jpeg Attribution-NonCommercial-ShareAlike 4.0 International https://www.jstor.org/stable/10.2307/j.ctt9qg08n NYU Press 10.2307/j.ctt9qg08n 10.2307/j.ctt9qg08n 4f0083e6-57b8-4955-9258-8a34506205d2 9780814790175 open access
spellingShingle Law
thema EDItEUR::L Law::LA Jurisprudence and general issues
Colker, Ruth
American Law in the Age of Hypercapitalism
title American Law in the Age of Hypercapitalism
title_full American Law in the Age of Hypercapitalism
title_fullStr American Law in the Age of Hypercapitalism
title_full_unstemmed American Law in the Age of Hypercapitalism
title_short American Law in the Age of Hypercapitalism
title_sort american law in the age of hypercapitalism
topic Law
thema EDItEUR::L Law::LA Jurisprudence and general issues
topic_facet Law
thema EDItEUR::L Law::LA Jurisprudence and general issues
url ONIX_20231005_9780814790175_133
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