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Fred L. Block is Research Professor of Sociology at the University of California, Davis. He is the coauthor, with Margaret Somers, of The Power of Market Fundamentalism.
[Block] rightly shows that, without government constraints, the rich and powerful shape capitalism to give themselves the advantage, undermining competition and exploiting others, eventually undermining the capitalist system itself. * Times Literary Supplement * Block's prose is sharp, unaffected, and devoid of cumbersome jargon and fastidious technicality. His informed, synthetic overviews of significant historical cases of successful economic development (e.g. nineteenth-century America) or more or less disastrous decline (e.g. 1990s Russia, and the gold standard regime) are true gems of crystal-clear and intelligent brevity. As such, his book should appeal to the educated public at large, well beyond the confines of academia alone. * The European Legacy * This insightful analysis of capitalism places primary emphasis on the subtitle of the book. * CHOICE *
