The Soul of Capitalism

Opening Paths to a Moral Economy

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In his previous bestsellers, Who Will Tell the People and Secrets of the Temple, William Greider laid bare the inner workings of American politics and the Federal Reserve, revealing how they often work against the interests of the majority of us. In The Soul of Capitalism, Greider examines how the greatest wealth-creation engine in the history of the world is failing most of us, why it must be changed, and how specifically it can be transformed.
Brilliantly perceptive and sweeping in its ambition, The Soul of Capitalism is also hard-headed and practical, as Greider, one of our most eloquent populist spokesmen, assures us we are not powerless. He illustrates how American capitalism can be aligned more faithfully and obediently with what people want and need in their lives, with what American society needs for a healthy, balanced, and humane future. He proves that it is within our power to reinvent capitalism to make it work for us.
The Soul of Capitalism -- solid, pragmatic, visionary, optimistic -- addresses the nation's most urgent needs.
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  • Simon & Schuster | 
  • 384 pages | 
  • ISBN 9780684862200 | 
  • September 2004
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Chapter One: This New Moment

First, we pause to acknowledge the ancestors. The discontents of present day American life are real enough but can seem quite trivial and self-indulgent when laid alongside the American past. Modern pressures lack the hard and often tragic bite of what earlier Americans commonly endured. Three or four generations ago most Americans lived in dwellings that lacked indoor plumbing, not to mention electricity and central heating. Most families were tenants, not owners. Life was simpler, certainly, but also much shorter. Half of the children born in 1900 were dead by the age 40 (in our time, 95 percent of the new... see more

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