Steven Pearlstein

Can American Capitalism Survive?

Politics & Prose Book Lecture [2018]

Epic lecture on the false tenets of neoliberalism, summerized well by the book’s subtitle: “Why Greed is Not Good, Opportunity is Not Equal, & Fairness won’t Make Us Poor.” An absolutely brilliant dismantling of capitalist ideology, a must-see.. ♥ Neonn

“Pearlstein’s chronicle of the last few decades of democratic capitalism documents that the “greed is good” era has left out major tenets of Adam Smith’s vision. Instead of fostering the social capital ensuring that benefits reach all socio-economic strata, the system has suffered increasing income disparity, causing many to lose faith in the free market economy. Pearlstein, Pulitzer Prize-winning columnist for The Washington Post and the Robinson Professor of Public Affairs at George Mason University, gives a succinct and clear diagnosis of capitalism’s malaise and offers practical steps for healing it, including a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets.”