Book Review: The long history of forecasting capitalism’s demise
Foretelling the End of Capitalism moves briskly across a century and a half of intellectual history, from Marx and John Stuart Mill in the mid-19th century (when the term “capitalism” entered the lexicon) to the aftermath of the 2008 crash. The intervening cast of thinkers is large, if almost entirely European and American: Max Weber and Rosa Luxemburg in the beginning of the 20th century, John Maynard Keynes and Joseph Schumpeter in the middle, Daniel Bell and Francis Fukuyama more recently, along with dozens of others.