Jump to ContentJump to Main Navigation
Conceptualizing CapitalismInstitutions, Evolution, Future$
Users without a subscription are not able to see the full content.

Geoffrey M. Hodgson

Print publication date: 2015

Print ISBN-13: 9780226168005

Published to Chicago Scholarship Online: January 2016

DOI: 10.7208/chicago/9780226168142.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 27 July 2021

After Capitalism?

After Capitalism?

(p.366) Chapter Sixteen After Capitalism?
Conceptualizing Capitalism

Geoffrey M. Hodgson

University of Chicago Press

The final chapter considers various post-capitalist possibilities (other than traditional socialism, which was discussed critically in chapter 12). The definition of capitalism as developed in the book is crucial to this task. It is argued that among the six points used to define capitalism the one concerning widespread employment relations is most likely to be surpassed in the foreseeable future. But unlike some authors, it is not argued that the abolition of the employment relationship is a priority. Instead it is argued that growing knowledge intensity and increasing specialization within capitalism may help to transform employment into something very different. The traditional employment relationship could be displaced by self-employment or worker cooperatives. Reform of the capitalist corporation and the role of the welfare state are also considered. These issues open up policy perspectives that do not fit easily into the familiar categories of “left” and “right.”

Keywords:   post-capitalist, employment, knowledge intensive production, specialization, self employment, worker cooperatives, corporate law reform, welfare state

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.