Re-expanded inequality of distribution of wealth and income in major economies in the era of neoliberalism, as impressively revealed statistically by T. Piketty's Capital in the Twenty-First Century (2014), has globally reactivated a series of political movements demanding revival of democratic socialism for working people. To understand the historical significance and rationality of such a new political tide, we need to cooperate on synthetic critical analyses of neoliberal capitalism. By reviewing D. Kotz's The Rise and Fall of Neoliberal Capitalism (2015), this article would discuss the following topics: (1) characteristic approach of SSA (Social Structure of Accumulation) theory to neoliberalism, (2) the impact of information technology (IT) to the restructure of capital-labor relations, (3) Japan's position in the world of neoliberalism, and (4) alternatives for the future.
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