Vol. 18 · No. 3 · Fall 2000

Michael J. Piore
Massachusetts Institute of Technology

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Abstract

This is a big, ambitious book with an intricate, engaging, and important argument. I picked it up in Paris in January and read it on the flight home. It made me happy to be an intellectual and a scholar; happy to be able to read French; happy, for the first time I can remember, to have seven and a half hours of uninterrupted time on a transatlantic flight. The book poses the question of why an active critique of capitalism has virtually disappeared in our times. The answer it provides is that capitalism itself has changed in ways that evade the criticisms that had been directed against it in the past. But it argues that these changes themselves are giving rise to a new moral framework from which a new critical perspective is emerging, and attempts to identify what that perspective is.