David Schweickart

Since first published in 2002, After Capitalism has offered students and political activists alike a coherent vision of a viable and desirable alternative to capitalism. David Schweickart calls this system Economic Democracy, a successor-system to capitalism which preserves the efficiency strengths of a market economy while extending democracy to the workplace and to the structures of investment finance. In the second edition, Schweickart recognizes that increased globalization of companies has created greater than ever interdependent economies and the debate about the desirability of entrepreneurship is escalating. The new edition includes a new preface, completely updated data, reorganized chapters, and new sections on the economic instability of capitalism, the current economic crisis, and China. Drawing on both theoretical and empirical research, Schweickart shows how and why this model is efficient, dynamic, and applicable in the world today.

This paper, inspired by Duke University historian Nancy MacLean’s extraordinary book Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America (2017), elaborates the carefully calibrated, multifaceted plan by a billionaire-funded facet of the radical right, deeply disturbed by the fact that so many students have critical views of capitalism, to transform American universities. Its multi-pronged strategy involves the following three steps: (1) Reconfigure the financial superstructure of higher education. Cut public funding for higher education and fill the gap with strategic donor giving. (2) Purge and Recruit: remove left-leaning faculty, develop a counter-intelligentsia of libertarian faculty, and foster the creation of libertarian student organizations on campus. (3) Undermine the general public’s respect for and trust in our colleges and universities by manufacturing controversies that attract widespread attention. This paper examines each of these in detail, with particular attention given to the myriad of privately funded institutional “think tanks” involved in the process.

We are facing a terrifying moment in human history, but also a miraculous moment. At the very time when climate change threatens our species with extinction, we not only know that we face an existential threat, we have the means not only to avert catastrophe, but to provide virtually everybody on our planet with the material means for decent life. This paper asks, and attempts to answer, a series of questions: Why are we not doing what needs to be done? Is there a viable alternative to our current economic order? What then should I do?