Volume 44, Number 19 · December 4, 1997
The New Aristocracy
By Thomas L. Haskell
Death of the Guilds: Professions, States, and the Advance of Capitalism, 1930 to the Present
by Elliott A. Krause
Yale University Press, 305 pp., $40.00
The bloody contest between capitalism and socialism unexpectedly came to an end in 1989 after a struggle that gripped the world for a century and a half. Of course appearances may prove deceiving; movements and institutions have been known to survive defeat and prosper under new names. Still, the tides of geopolitical fortune have undeniably shifted, giving us good reason to wonder where capitalism, giddy with self-congratulation and unchecked by any formidable opposition, is taking us.
Review, 6955 words
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