Capitalism after postmodernism

This volume addresses a number of interrelated issues in the old and new political economy. The focus on globalization is generally taking the mind off questions of debt and indebtedness. Capital now has such a decided institutional edge that its legitimacy in capitalist democracies is under threat. Present developments seriously jeopardise the balance between capital, public and social institutions on which the progress and welfare of the developing world and the capitalist democracies depend.