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The Capitalism Papers: Fatal Flaws of an Obsolete System

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In the vein of his bestseller, Four Arguments for the Elimination of Television, nationally recognized social critic Jerry Mander researches, discusses, and exposes the momentous and unsolvable environmental and social problems of capitalism.

Mander argues that capitalism is no longer a viable system: “What may have worked in 1900 is calamitous in 2010.” Capitalism, utterly dependent on never-ending economic growth, is an impossible absurdity on a finite planet with limited resources. Climate change, together with global food, water, and resource shortages, is only the start.

Mander draws attention to capitalism’s obsessive need to dominate and undermine democracy, as well as to diminish social and economic equity. Designed to operate free of morality, the system promotes permanent war as a key economic strategy. Worst of all, the problems of capitalism are intrinsic to the form. Many organizations are already anticipating the breakdown of the system and are working to define new hierarchies of democratic values that respect the carrying capacities of the planet.

336 pages, Paperback

First published November 8, 2011

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Jerry Mander

27 books74 followers

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Displaying 1 - 10 of 10 reviews
Profile Image for Michaela.
216 reviews5 followers
May 5, 2014
This book does a magnificent job of finding the middle ground between dry-but-factual academic writing and popular manifesto. The author's strong voice, vivid examples, and clear writing make the book easy to read, but covers his topics thoroughly and gives enough information about his sources to back up his claims. I learned many things I didn't know before, such as the Iroquois Confederacy's influence on the U.S. founders.

I did have to keep putting it down periodically because the brokenness of the corporate system depressed me. The last chapter gives an overview of some possible solutions, which were hinted at in previous chapters (indigenous wisdom, very local businesses, and regulation of advertising, among several others). The focus, though, is on creating consensus that the current model exploits most people, destroys our finite natural resources, and doesn't contribute to anybody's wellbeing.
17 reviews5 followers
July 11, 2013
With relatively no redundant content (artificially added pages), this thin book is a powerful recapitulation of the capitalist free market continuous growing in all sectors of the society in favor of the infamous 1% of the population, from the conquest (buying) of political power, to the monopolizing of the economic market in every niche, to the total control of media, to the corrosive corruption of social values (everything is for sale or it will be soon, even children or human organs), to the exhausting of global resources and the increasing pollution that affects whether, to the grasping of the entire society and resources for the benefit of less than 1% of humanity, and so on, all things which the author believes and demonstrates it is not sustainable in the long run.

To me, looking only at the continuous increase in inequality and concentration of riches in the hand of very few ones, this can only end badly, ether in a society of hoi polloi like ancient Sparta (where a Spartan owned on average twenty terrorized slaves to toil to death for him) or, much more likely, in a social explosion of revenge and elimination of the infamous 1% similar to the Bolshevik Revolution. Either way, I believe the end will come sooner than expected, fortunately not in the rest of my life span, statistically expected to last only a maximum of twenty years. I strongly agree with the author that the present capitalist system is unsustainable, and it seems to me that any attentive reader will agree also. From my days in college, I remember that Karl Marx, in his time, has correctly predicted the frequent crisis and the finale demise of the capitalism, only he has not foreseen the intervention of all the state resources to stave off the capitalism every time when left to itself it should have collapsed.

What in my opinion the author is not at all convincing is his statement that a grass root restructuring of the society in abandoning the global free market in favor of local, limited, ecologically friendly private businesses is the solution to the problem. Only it would be so easy. For younger readers, if they live enough, it will be fanny to see how all this will historically end. This lack of credible solutions from the author explains why I reluctantly gave only four stars to this remarkable book (otherwise I would have given it five).
Profile Image for Randall Wallace.
665 reviews654 followers
March 17, 2013
wonderful book. i've read every jerry mander book, they are all great. jerry did a conference a few years back at international forum for globalization called "the end of capitalism" with joel kovel, richard heinberg and many others. this book started at the conference and jerry kept asking questions. this book covers a lot of subjects and gives a lot of reviews of pertinent books and offers lots of facts you don't find elsewhere, rating it five stars by me. my favorite part of the books was the recognition that the oligarchs have seen that it's too hard to turn a profit these days and that is why now the biggest game in town is to instead seek political control instead as a way of "gaining economic expansion". their new market is commodifying the commons: the military, security, medicare, education, transportation, water, and health services. this book shows clearly how the best bargain for the elite is thus lobbying. a few million given here and there can end up getting the lobbyist billions in less taxes for their client. buying politicians is much more profitable than investing today with such little returns like the rest of us. of course, we the people can't afford financially or ethically to lobby and so no one listens to us.

this book in a nutshell says people are people. corporations are sociopaths. capitalism leads to the consumption of the world for profit and GNP tracks the profit in the destruction of the planet with out caring for the long term survival of humans. jerry's book goes through it all and is an excellent read if you want to know why the world is about to fall apart for good as we run out of cheap energy needed for continued growth. and runout of rare earths, resources and hit the climate change point of no return because american economics can't look at the long term but is forced to focus instead on the next business quarter and not the massive iceberg of scarcity headed towards us that will destroy us if we don't change direction.
Profile Image for Bakari.
Author 2 books56 followers
October 27, 2014
If you have read other books about capitalism and its impact on the environment, much of what this author talks about is not new. But he is one of the few writers who actually names the system of capitalism, instead of just calling it the “free market”. The Capitalism Papers is a very cogent analysis of the impact of capitalism on the environment and the deep class divide the causes. The author provides adequate evidence for why capitalism is indeed an "obsolete system."

In the last chapter of the book, he devotes some recommendations for a mixed capitalist economy, but I think ultimately we need to name that system as well, because once you start nationalizing and privatizing the means of production, you are basically setting up a socialist economic system. And quite frankly there's nothing wrong with that. We need to study the mistakes of applied socialism and other countries, and explore how it could be done better as an alternative to capitalism.
8 reviews3 followers
July 22, 2014
An excellent overview of why capitalism (as opposed to market based economies of different sorts) is destructive at many levels. Chapters include discussing its amorality, ecological destructiveness, propensity to support war, destruction of democracy, disconnection from human happiness, and more. A brief final chapter looks at alternative possibilities.

It's major flaw, a significant one for me, was its unrelenting playing the "aint it awful" card. Thank the Gods for the final chapter, brief as it was compared to the rest. But for the prosecution's case against our oligarchy, I think all the arguments are made, and made well, in this book.
Profile Image for Bill.
4 reviews
June 9, 2014
This a very good summary of the current critique of the dominant economic system. If you follow this topic, there is not much new here but it collects a lot of information in one place. I was hoping for more discussion of what is next and while some ideas are mentioned they are not flushed out in detail.
Profile Image for Sarah Jensen.
2,090 reviews178 followers
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April 14, 2025
Book Review: The Capitalism Papers: Fatal Flaws of an Obsolete System by Jerry Mander

In The Capitalism Papers: Fatal Flaws of an Obsolete System, Jerry Mander presents a critical examination of capitalism, dissecting its inherent contradictions and the challenges it poses to both society and the environment. Known for his advocacy of sustainable practices and deep critique of consumer culture, Mander’s book serves as a provocative call to rethink the economic systems that dominate our lives.

A Comprehensive Critique of Capitalism

Mander’s exploration begins with an analysis of capitalism as an economic model that prioritizes profit over well-being. He argues that this system is fundamentally flawed, instilling a relentless drive for growth that disregards ecological limits and social equity. Through a series of well-argued points, Mander highlights how capitalism fosters inequality, environmental degradation, and social fragmentation. His critique extends beyond mere economic analysis; it delves into the philosophical and ethical implications of a system built on consumption and competition.

Historical Context and Evolution

The book also provides a historical overview of capitalism’s rise, tracing its development from industrialization to the present day. Mander discusses the ideologies that have supported capitalism, such as individualism and consumerism, while also addressing the social movements that have emerged in response. By situating capitalism within a broader historical context, he helps readers understand not only how we arrived at our current state but also the potential pathways to envisioning alternative systems.

Environmental Concerns and Sustainability

One of the most compelling aspects of Mander’s argument is his focus on environmental sustainability. He underscores how capitalist pursuits often lead to resource depletion and ecological crises, making a strong case for the need to transition to more sustainable practices. Mander argues that the health of the planet is incompatible with the growth-centric model of capitalism, and he advocates for a fundamental shift in how societies value and prioritize nature.

Thought-Provoking Solutions

While Mander is critical of capitalism, he does not simply lament its faults; he also offers potential solutions. He encourages readers to consider alternatives, such as localized economies, cooperative enterprises, and systems that prioritize human and ecological well-being over profit. His vision is not merely theoretical; it is grounded in examples of successful models from around the world, demonstrating that viable alternatives to capitalism exist and can thrive.

Accessible and Engaging Writing

Mander’s writing is both accessible and engaging, making complex economic and environmental concepts comprehensible to a general audience. His passion for the subject matter shines through, and he presents his arguments with clarity and conviction, encouraging readers to engage critically with the ideas presented.

Conclusion: A Timely Call for Reflection

The Capitalism Papers: Fatal Flaws of an Obsolete System is a thought-provoking and timely critique of an economic system that has shaped our world in profound ways. Jerry Mander’s comprehensive analysis of capitalism’s flaws, coupled with his insights into potential alternatives, makes this book an essential read for anyone concerned with the future of our society and the planet. Whether you are an activist, a student of economics, or simply a curious reader, Mander’s work challenges you to reflect on the systems that govern our lives and consider what a more just and sustainable future might look like.
Profile Image for Matt Styles.
4 reviews1 follower
February 21, 2017
I did enjoy the book and it's analysis of capitalism, although I think it lacks referencing, (particularly harvard referencing) which makes me think alot of it is opinion based but that's probably just preference on my part.
Such a broad range of topics covered, I lost my way a little towards the end. Still an excellent and informative read.
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