On Monday May 14th SPERI is delighted to be hosting the UK launch for Professor David Coates’ new book Flawed Capitalism: The Anglo-American Condition and its Resolution, published by Agenda Publishing.
The launch will be held at ICOSS at the University of Sheffield between 5.00-7.00pm. A talk by David Coates (Professor of Anglo-American Studies, Wake Forest University, North Carolina) will be followed by audience discussion and a drinks reception from 6.15pm.
Drawing on over four decades of research and writing on the political economy of the UK and United States, Flawed Capitalism presents David Coates’ analysis of the Anglo-American condition and the social and economic crisis besetting both countries.
Charting the rise and fall of the social settlements that have shaped and defined the postwar years, Coates traces the history of the two economies. The book exposes the failings and shortcomings of the Reagan/Thatcher years, showing how the underlying fragility of a settlement based on the weakening of organized labour and the extensive deregulation of business culminated in the financial crisis of 2008.
Flawed Capitalism makes the case for the creation of a new transatlantic social settlement – a less flawed capitalism – one based on greater degrees of income equality and social justice.
Watch David discuss his new book here https://www.youtube.com/watch?v=lUf0Tp8YOeg
“Anybody seeking to understand why Donald Trump is president and why the UK voted for Brexit should read David Coates’s important new book. It explains the flaws in the Anglo-Saxon economic model; even better, it suggests ways of putting things right.” – Larry Elliott, Economics Editor, The Guardian
“This excellent book not only shows us how the model of capitalism operating in the US and the UK is flawed, it also tells us why, through an original and engaging account of imperialist politics and ideological hubris in American and British statecraft. Coates’s writing combines both depth and breadth – a very rare feat – and this book deserves to be widely read.” – Craig Berry, SPERI, University of Sheffield
“With this provocative book and its bold examination of the past fifty years of political and economic change in the United States and the UK, David Coates makes an essential contribution to our understanding of the enormous challenges facing both sides of the Atlantic today. Beyond that, it lays bare the choices people and their leaders must make if future generations are to have a semblance of the opportunities we have had.” – Judy Woodruff, PBS NewsHour