Thinking Beyond Capitalism: An African American Alternative

Cynthia Hamilton

Thinking Beyond Capitalism: An African American Alternative
Format
Hardback
Publisher
Trafford Publishing
Published
23 May 2014
Pages
54
ISBN
9781490737379

Thinking Beyond Capitalism: An African American Alternative

Cynthia Hamilton

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The book is divided in two. The first section addresses the theoretical short-coming that result from the predominance of capitalism. We recognize that capitalism was initially accepted as progressive and incorporated elements of democracy however slavery (the first contradiction of capitalism) was the economic activity which produced the profits which were then invested in the industrial revolution. Successful industry ultimately destroyed slavery (captains of industry insisted that if they had to pay their workers, other captains would have to do the same). But, the ground work was laid for racism, which became the next contradiction of capitalism. As the democratic revolutions of Europe and the U.S. promised liberty and justice for all, slavery lived on. Meanwhile, capitalism continued to reach out, and colonialism and imperialism became the form of domination it would coexist with. Domination included abuse of the environment and natural resouces. The second part of the book is empirical. After reviewing the conditions of African Americans the authors review several essential building blocks for rebuilding communities that can provide stability and prosperity for all.

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