The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism

Chapter 1 Introduction

Chapter 2 The Great Recession, Its Immediate Cause and Government Intervention: The Purportedly Free Market Designed by the “Invisible” or “Hidden Hand” of the Economic Elite, Conformity to the Market Therefore as Conformity to Their Interests, and the Survival of the “Fittest” Being the Survival of Those Who Can Have the Market Best Fit Them

Chapter 3 Inverted Socialism: Robbing from the Poor to Give to the Rich, by the Best Politicians Money Can Buy

Chapter 4 Capitalism’s Two Major Justifications Dismissed, and the Incentivized Complicity of the Bought and Paid for Politicians to Ignore, and Even Encourage, the Risky/Costly Behavior of the Economic Oligarchs

Chapter 5 Supply Side Stimulus: The Bailing Out of the Finance Industry, and It’s Ensuing Self-Dealing Slowing Down Recovery

Chapter 6 The Disaster of Austerity as a Road to Recovery; “Democracy,” Understood as a Source of Legitimation to be Suspended by the Financial Oligarchs in the Name of Austerity

Chapter 7 Demand Side Stimulus: The Democratic Socialist Alternative

Chapter 8 Capitalism’s Moral and Ontological Dilemmas: Competition, the Inevitably Exploitative Response, and the Crisis of Overproduction

Chapter 9 The Crisis of Overproduction Deferred by Credit, the Consequent Growth of the Finance Industry and the Housing Bubble, and Its Bursting

Chapter 10 Overleveraging, the Cascading Debt Crisis, and the Necessary Inadequacy of Increased Regulation in the Face of the Inevitable Crisis of Overproduction

Chapter 11 The Counter Narrative of the Long-Term Upward Trajectory of Capitalism, and Its Costs Critically Explicated: From Colonialism to Economic Neo-Colonialization

Chapter 12 The Transnational Capitalist Pyramid of Production or Supposed “Rising Tide That Lifts all Boats,” Revealed, as an Inevitably Failing Ponzi Scheme

Chapter 13 Overt Abandonment of the Free Market: Government Geostrategic (Military) and Economic, International and National Intervention

Chapter 14 From Crony Capitalism to Strategic Research and Development Investment, and Back Again

Chapter 15 The Moral Limitations and Pragmatic Dangers to the Environment, Health, and the Economy of Technological Innovation, Under Capitalism

Chapter 16 The Regulatory Response to Globalized Free-Market Capitalist Competition, and the Free Rider Strategy as Antithetical to Technological Innovation and Education

Chapter 17 The Alternative: The Pragmatic and Moral Advantages of Globalized Socialist Cooperation

Chapter 18 International Cooperation and the Interaction of Socialist and Capitalist Economies

Chapter 19 Political Regulation of the Formerly “Free Market” and the Greater Efficiency and Social Utility of Technological Development Under Socialism

Chapter 20 The Gestalt Switch from Capitalist Competition to Socialistic Cooperation as Socially Desirable and Pragmatically Necessary

Chapter 21 Capitalist “Freedom To,” Versus Socialist “Freedom From”: From Lose/Lose to Win/Win, and the Chinese Socialist Paradigm Further Explicated