EBOOK

The Habitation Society
Creating Sustainable Prosperity
Fred BlockSeries: Building Progressive Alternatives(0)
About
In The Habitation Society, leading economic and political sociologist Fred Block argues that we are at a time of "blocked transition" from one mode of economic and social organization to another. We now have a habitation economy because most people work at creating, maintaining or improving the soft and hard infrastructure of the communities in which we live. The problem, however, is that we do not yet have a habitation society since our economy continues to be organized through the structures, institutions and concepts of an industrial economy. While the old industrial economy is dying, the new habitation society cannot yet be born.
But it is more than this, our methods for understanding how the economy works are also built around the analysis of industrial production, which are completely inadequate, Block shows, for grasping the new reality of how we buy and consume services in the habitation economy. In the absence of concepts to make sense of what is happening, the political space becomes filled with conspiracy theories and disinformation. Specifically, it has become extremely difficult for people to understand their own relationship to the larger economy and society, in particular, there is no longer an obvious relationship between the amount or intensity of work effort and economic output.
Fred Block's compelling analysis offers a path through this confusion and a means to understand our transition and what form this will take. He examines the economy as it actually exists in the present and maps out what would make that economy work more effectively in the hope that this will empower individuals to recognize the kinds of changes that could be made to improve things for themselves, their families and their communities.
But it is more than this, our methods for understanding how the economy works are also built around the analysis of industrial production, which are completely inadequate, Block shows, for grasping the new reality of how we buy and consume services in the habitation economy. In the absence of concepts to make sense of what is happening, the political space becomes filled with conspiracy theories and disinformation. Specifically, it has become extremely difficult for people to understand their own relationship to the larger economy and society, in particular, there is no longer an obvious relationship between the amount or intensity of work effort and economic output.
Fred Block's compelling analysis offers a path through this confusion and a means to understand our transition and what form this will take. He examines the economy as it actually exists in the present and maps out what would make that economy work more effectively in the hope that this will empower individuals to recognize the kinds of changes that could be made to improve things for themselves, their families and their communities.
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Reviews
"Fred Block offers a timely and thought-provoking perspective that challenges the conventional economic thinking on consumption, production, innovation and investment. He provides a compelling roadmap for moving towards a habitation society where individuals have greater agency in shaping their environments and communities. Recognizing that the economy does not only have a rate but a direction, Bl
Mariana Mazzucato, author of Mission Economy: A Moonshot Guide to Changing Capitalism
"An impressive project for a democratic, postindustrial as well as postcapitalist political economy taking advantage of the crisis of capitalist globalization. The book develops the contours of a progressive model of prosperity, centred on the living conditions of ordinary people and based on collaborative production and investment by public agencies and private households integrated in networked
Wolfgang Streeck, Max Planck Institute for the Study of Societies, Cologne
"The US economy is mostly a mess and most economists are making it worse. Fred Block explains why, combining sociological insights with practical suggestions for change. His take-down of conventional measures of investment should both embarrass Wall Street and inspire advocates for greater public spending on human and social capabilities."
Nancy Folbre, Professor Emerita of Economics, University of Massachusetts Amherst