Alibi V.12 No.36 • Sept 4-10, 2003 

Art Article

The Soul of Capitalism: Opening Paths to a Moral Economy

William Greider
Simon and Schuster
hardcover
$28

It doesn't take a genius to figure out that there are a few problems with the unrestrained, extremist capitalism promoted by our current President and the ex-CEOs in his administration. An economic system fueled entirely by greed and self-interest inevitably leads to the kind of shameless corporate corruption we've seen in the last few years. Our nation experienced the same temporary blindness in the age of the robber barons in the 1890s. We experienced it again in the 1920s and yet again in the 1990s. Whenever our culture promotes the idea of business and "free" markets as the sole defining values of our society, we end up in the doghouse. When will we ever learn? Greider's new book argues that we can't stay on the same old path, circling perpetually back on our own destruction. The lust for power and affluence, which seems central to American society, must somehow be transformed. Advance readers say Greider offers some interesting ideas about how this can be done.