Finance/Politics


The Decline of Capital

In his foreword, Paul Erdman reflects on this statement from The Decline of Capital: “Americans have to be educated to the great American facts of modern life – that this country has peaked as a self-sufficient nation endowed with a potential for constant growth.” Erdman writes: “[This] is not a dramatic story of a ‘Great Crash’ to be followed by the ‘Greatest Depression Ever Told.’ … The curve of our national economy, which, throughout our history, has allowed for universally rising expectations, is no longer ascending. … Our economic future has already begun. … It is not a future which will culminate in a catastrophic collapse, but rather something much less exciting, something which will prove to be quite tedious and trying: a future in which ‘recession is permanent’. In other words, Jones shows that we have passed over a new threshold. The Decline of Capital is about what we can expect.”


Hardcover: 1976, Crowell, 202 pages, ISBN: 978-0690010459 (also translated into Japanese)



Capitalism and Christians: Tough Gospel Challenges in a Troubled World Economy

This book may change the way you think about capitalism. Arthur Jones has produced a scathing critique on capitalism, the way it’s practiced in the United States and most western nations today. Even as it stands triumphant on the world economic stage, capitalism, when measured against Christian precepts, is detrimental to the common good, injurious to the planet, and promotes the false god of materialism. It has turned the United States into the newest Third World country and corrupted the American ideals of human equality and the dignity of the individual. Jones compares the reality of western economic life with the prophetic teaching of Catholic and other church leaders in North and South America.

Review: “Many books are available on the relationship between capitalism and Christianity … but this latest provides a distinctive point of view … Jones sees business as good but easily corrupted and opines that the undesirable form of capitalism has become dominant. He proposes three solutions.” – Larry Seilhamer, St. Paul’s College, in Library Journal


Hardcover: 1992, Paulist Press, 90 pages, ISBN: 9780809133451


Campaign 1996: Who’s Who in the Race for the White House
by James L. Srodes and Arthur Jones

Although the Democrats captured the White House in 1992, the mid-term Congressional elections gave the Republican radical right and dissatisfied Democrats the encouragement they needed to enter the race for the most challenging job in the world. Veteran journalists James L. Srodes and Arthur Jones had direct access to all the major candidates, and Campaign 1996 includes in-depth interviews with them all. Comprehensive, informative and insightful, the book covers trends, important local and state issues, profiles of voters by various groups, and the long-term fate of the Contract With America. This fast-paced, nonpartisan handbook gave voters the information they needed to choose their candidate.


Paperback: 1995, Harper Collins, 168 pages; ISBN: 9780061009938