
The Folklore of Capitalism
Thurman W. Arnold(Author)
Routledge (Publisher)
1st Edition
Published on 15. October 2009
Book
Paperback/Softback
466 pages
978-1-4128-1037-1 (ISBN)
Description
Stuart Chase in the Herald Tribune called this book about capitalism "the most realistic political treatise of the lot" and adds that "one must be tough and pitiless honesty and pitiless humanity." Some people may disagree with the fi rst assertion, but the second cannot be denied, for in this brilliant analysis of our social and economic structure Thurman Arnold pulls no punches.
By "the folklore of capitalism" the author means those ideas about our social and political system that are not generally regarded as folklore but popularly and usually erroneously accepted as fundamental principles of law and economics. Th rough his searching scrutiny of this "folklore" about capitalism, Th urman Arnold presents a broad scale analysis of the ways in which America thinks and acts.
Arnold is concerned with the manner in which our system actually works rather than with the moral principles that are claimed for it. With this purpose as a basis for his analysis, he exposes the virtues and absurdities, the basic facts and inconsistent gospels of American capitalism. He accomplishes all this with an irony and a sharp lucidity that are rare indeed in the treating of such serious topics.
By "the folklore of capitalism" the author means those ideas about our social and political system that are not generally regarded as folklore but popularly and usually erroneously accepted as fundamental principles of law and economics. Th rough his searching scrutiny of this "folklore" about capitalism, Th urman Arnold presents a broad scale analysis of the ways in which America thinks and acts.
Arnold is concerned with the manner in which our system actually works rather than with the moral principles that are claimed for it. With this purpose as a basis for his analysis, he exposes the virtues and absurdities, the basic facts and inconsistent gospels of American capitalism. He accomplishes all this with an irony and a sharp lucidity that are rare indeed in the treating of such serious topics.
More details
Language
English
Place of publication
New York
United States
Publishing group
Taylor & Francis Inc
Target group
Professional and scholarly
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 25 mm
Weight
672 gr
ISBN-13
978-1-4128-1037-1 (9781412810371)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Thurman W. Arnold
The Folklore of Capitalism
Book
09/2017
1st Edition
Routledge
€234.70
Shipment within 10-20 days


Person
Thurman W. Arnold (1891-1969) was assistant attorney general who headed the Antitrust Division of the U.S. Department of Justice under Franklin D. Roosevelt. In addition to this book he is the author of The Symbols of Government and Fair Fights and Foul: A Dissenting Lawyer's Life. Sidney A. Pearson, Jr. is professor emeritus of political science at Radford University. He is also the series editor of Library of Liberal Thought at Transaction Publishers.
Content
I: The Systems of Government and the Thinking Man; II: The Psychology of Social Institutions; III: The Folklore of 1937; IV: The Place of Learning in the Distribution of Goods; V: The Use of the Language of Private Property To Describe an Industrial Army; VI: A Platform for an Observer of Government; VII: The Traps Which Lie in Definitions and Polar Words; VIII: The Personification of Corporation; IX: The Effect of the Antitrust Laws in Encouraging Large Combinations; X: The Ritual of Corporate Reorganization; XI: The Benevolence of Taxation by Private Organization; XII: The Malevolence of Taxation by the Government; XIII: The Social Philosophy of Tomorrow; XIV: Some Principles of Political Dynamics