Supercapitalism refers to either: Supercapitalism (modern), a concept proposed in Supercapitalism: The Transformation of Business, Democracy, and Everyday Life, a book written by Robert Reich. Supercapitalism: The Transformation of Business, Democracy, and Everyday Life [Robert B. Reich] on *FREE* shipping on qualifying offers. But as Robert B. Reich makes clear in this eye-opening book, while supercapitalism is Reich sets out a clear course to a vibrant capitalism and a concurrent.

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No, we are left with the situation where “The purpose of companies is to play the economic game as aggressively as possible. Here it is squeezed to the barest minimum of facts. Just started it, and completely spellbound. Supedcapitalism communication technology computers, phones, etc.

Supercapitalism: The Transformation of Business, Democracy, and Everyday Life – Wikipedia

Unfortunately for us he’s probably way too smart to do that. Companies exerted monopolistic influence on their industries, which led to both positive investments in peripheral regions, but high costs of goods and services for consumers, as monopolistic economics would dictate. Nevertheless, despite the scathing condemnation of supercapitalism in this book, I feel that it was a worthwhile read, and recommend it to everyone who wants to have a stake in greater society.

But the same competition that has fueled supercapitalism has spilled over into the political process. The Miracle Morning for Entrepreneurs: The only way to guarantee citizen voices and to reenvigorate Democracy is to get companies out of it. Feb 01, Ahmed Al-Majid rated it really liked it. He shows us why companies, fighting harder than ever to maintain their competitive positions, have become even more deeply involved in politics; and how average citizens, seeking great deals and invested in supercapiitalism stock market to an unprecedented degree, are increasingly loath to stand by their values if it means biting the hands that feed them.

As the primary investors and consumers, we hold the cards under supercapitalism, not the companies or the CEOs. A very well written book about the interaction between capitalism and democracy. But then again, how many of us ever ask the real questions? Corporations are engaged in immense competition, in outsourcing, in automation, in automated financial exchanges, to supercapitaljsm expenses and to maximize profit.


Try the Kindle edition and experience these great reading features: View or edit your browsing history. They don’t make the rules, they just follow ’em. They could be overthrown supercapitalisj and completely by a smaller rival, using the latest tools available. Reich has a talent for making economics accessible and sometimes even fun.

Mar 02, David rated it it was amazing. It isn’t until the sixth and final chapter that Reich begins to lay out his vision of what happened. Well, Reich believes we have moved toward Supercapitalism. The enemy is, of course, us. But here are some particular facets of the book I enjoyed: This is the central paradox of our age.

Please try again later. Shareholder suits would have quickly blocked it. In all, I still respect Robert Reich as one of the smartest men in politics, and if he were to run for office I’d vote for him in a heartbeat. Rreich time, as competition and widespread stock investing got more popular, an evolutionary process transformed the go This book describes the transition, particularly in America but also somewhat in the rest of the world, from a balanced capitalist democracy to a capitalism-dominated system.

Supercapitalism: The Transformation of Business, Democracy, and Everyday Life

Supercapitailsm can accomplish this larger feat only if we take our roles as citizens seriously, and protect our democracy.

Inhe says, there were fewer than Jul 19, Brenton rated it really liked it. The negative social consequences declining wages, job losses, global warming are the logical consequence of intensifying competition to give consumers and investors better and better deals. I hesitate to use that term, since so very many people today use it, while having absolutely no clue whatsoever what it means.

Reich argues that it’s not the place of corporations to act as moral agents, and indeed it’s against their very nature. Without a doubt, one of the best books I’ve supercapita,ism read on the economics of American society, and how this has changed from the Democratic Capitalism of the s and s remember LBJ’s Great Society?


New technologies have empowered us as consumers and investors, which has inadvertently weakened us as citizens and wage-earners.

Unfortunately this book is a good bit less convincing than his radio interview. And it was easier to enter the marketplace. The truth is that transnational corporations own the political infrastructure of these economies or, in the case of places like China, support the despotic regime in placewhere labor activists are openly repressed because they threaten to upset shareholder returns.

Take supercapigalism example Supercapitalism, by Robert Reich. Pages with related products. It isn’t until the suupercapitalism and final su;ercapitalism that Reich begins to lay out his vision of what happened. We act collectively, by default. However, perhaps he could of further revealed the anticipated consequences supercapitxlism these steps good or bad.

Customers who bought this item also bought. Capitalism is roughly defined as “economic system in which the means of production are privately owned and operated for profit from investment. And we are quick to blame heartless CEOs or big corporations. Reich was interviewed on NPR in Septemberand some of his comments promoting this book were eye-opening and counter-intuitive.

Mid-twentieth-century capitalism has turned into global capitalism, and global capitalism – turbocharged, Web-based, and able to find and make almost anything just about anywhere – has turned into supercapitalism.

Next page of related Sponsored Products. Though I disagree with a good deal of what Prof Reich has to say Suddenly, there were more car companies, television stations, airlines, chain stores, etc. Powerful and thought-provoking, Supercapitalism argues that a supercapitallism separation of politics and capitalism will foster an enviroment in which both business and government thrive, by putting capitalism in the service of democracy, and not the other way around.

A supercaptialism read for those interesting in economic theory at a lower level.