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Author: Samir Amin
Publisher: Fahamu/Pambazuka
ISBN: 190638780X
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
The factors that brought about the 2008 financial collapse are examined in this analysis that explores the systemic crisis of capitalism after two decades of neoliberal globalization. Samir Amin lays bare the relationship between dominating oligopolies and the globalization of the world economy and argues that the current crisis is a profound crisis of the capitalist system itself, bringing forward an era in which wars--and perhaps revolutions--will once again shake the world. The author examines the threat to the plutocracies of the United States, Europe, and Japan from decisions of recent G20 meetings and analyzes these powers' attempts to get back to the pre-2008 system and to impose their domination on the peoples of the South through intensifying military intervention by using institutions such as NATO. An alternative strategy which, by building on the advances made by progressive forces in Latin America, would allow for a more humane society through both the North and the South working together is proposed.
Author: Samir Amin
Publisher: Fahamu/Pambazuka
ISBN: 190638780X
Category : Business & Economics
Languages : en
Pages : 210
Get Book Here
Book Description
The factors that brought about the 2008 financial collapse are examined in this analysis that explores the systemic crisis of capitalism after two decades of neoliberal globalization. Samir Amin lays bare the relationship between dominating oligopolies and the globalization of the world economy and argues that the current crisis is a profound crisis of the capitalist system itself, bringing forward an era in which wars--and perhaps revolutions--will once again shake the world. The author examines the threat to the plutocracies of the United States, Europe, and Japan from decisions of recent G20 meetings and analyzes these powers' attempts to get back to the pre-2008 system and to impose their domination on the peoples of the South through intensifying military intervention by using institutions such as NATO. An alternative strategy which, by building on the advances made by progressive forces in Latin America, would allow for a more humane society through both the North and the South working together is proposed.
Author: Wolfgang Streeck
Publisher: Verso Books
ISBN: 1784784028
Category : Philosophy
Languages : en
Pages : 348
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Book Description
The provocative political thinker asks if it will be with a bang or a whimper In How Will Capitalism End? the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that capitalism is now in a critical condition. Growth is giving way to secular stagnation; inequality is leading to instability; and confidence in the capitalist money economy has all but evaporated. Capitalism’s shotgun marriage with democracy since 1945 is breaking up as the regulatory institutions restraining its advance have collapsed, and after the final victory of capitalism over its enemies no political agency capable of rebuilding them is in sight. The capitalist system is stricken with at least five worsening disorders for which no cure is at hand: declining growth, oligarchy, starvation of the public sphere, corruption and international anarchy. In this arresting book Wolfgang Streeck asks whether we are witnessing a long and painful period of cumulative decay: of intensifying frictions, of fragility and uncertainty, and of a steady succession of “normal accidents.”
Author: Francesco Boldizzoni
Publisher: Harvard University Press
ISBN: 0674919327
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
Intellectuals since the Industrial Revolution have been obsessed with whether, when, and why capitalism will collapse. This riveting account of two centuries of failed forecasts of doom reveals the key to capitalism’s durability. Prophecies about the end of capitalism are as old as capitalism itself. None have come true. Yet, whether out of hope or fear, we keep looking for harbingers of doom. In Foretelling the End of Capitalism, Francesco Boldizzoni gets to the root of the human need to imagine a different and better world and offers a compelling solution to the puzzle of why capitalism has been able to survive so many shocks and setbacks. Capitalism entered the twenty-first century triumphant, its communist rival consigned to the past. But the Great Recession and worsening inequality have undermined faith in its stability and revived questions about its long-term prospects. Is capitalism on its way out? If so, what might replace it? And if it does endure, how will it cope with future social and environmental crises and the inevitable costs of creative destruction? Boldizzoni shows that these and other questions have stood at the heart of much analysis and speculation from the early socialists and Karl Marx to the Occupy Movement. Capitalism has survived predictions of its demise not, as many think, because of its economic efficiency or any intrinsic virtues of markets but because it is ingrained in the hierarchical and individualistic structure of modern Western societies. Foretelling the End of Capitalism takes us on a fascinating journey through two centuries of unfulfilled prophecies. An intellectual tour de force and a plea for political action, it will change our understanding of the economic system that determines the fabric of our lives.
Author: Paul Collier
Publisher: HarperCollins
ISBN: 0062748661
Category : History
Languages : en
Pages : 369
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Book Description
Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.
Author: John Smith
Publisher: NYU Press
ISBN: 1583675795
Category : Political Science
Languages : en
Pages : 383
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Book Description
Winner of the first Paul A. Baran-Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, John Smith's Imperialism in the Twenty-First Century is a seminal examination of the relationship between the core capitalist countries and the rest of the world in the age of neoliberal globalization.Deploying a sophisticated Marxist methodology, Smith begins by tracing the production of certain iconic commodities-the T-shirt, the cup of coffee, and the iPhone-and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North. From there, Smith draws on his empirical findings to powerfully theorize the current shape of imperialism. He argues that the core capitalist countries need no longer rely on military force and colonialism (although these still occur) but increasingly are able to extract profits from workers in the Global South through market mechanisms and, by aggressively favoring places with lower wages, the phenomenon of labor arbitrage. Meticulously researched and forcefully argued, Imperialism in the Twenty-First Century is a major contribution to the theorization and critique of global capitalism.
Author: Paul Mason
Publisher: Macmillan
ISBN: 0374235546
Category : Business & Economics
Languages : en
Pages : 369
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Book Description
"Originally published in 2015 by Allen Lane, an imprint of Penguin Random House, Great Britain"--Title page verso.
Author: Albena Azmanova
Publisher: Columbia University Press
ISBN: 0231530609
Category : Philosophy
Languages : en
Pages : 130
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Book Description
The wake of the financial crisis has inspired hopes for dramatic change and stirred visions of capitalism’s terminal collapse. Yet capitalism is not on its deathbed, utopia is not in our future, and revolution is not in the cards. In Capitalism on Edge, Albena Azmanova demonstrates that radical progressive change is still attainable, but it must come from an unexpected direction. Azmanova’s new critique of capitalism focuses on the competitive pursuit of profit rather than on forms of ownership and patterns of wealth distribution. She contends that neoliberal capitalism has mutated into a new form—precarity capitalism—marked by the emergence of a precarious multitude. Widespread economic insecurity ails the 99 percent across differences in income, education, and professional occupation; it is the underlying cause of such diverse hardships as work-related stress and chronic unemployment. In response, Azmanova calls for forging a broad alliance of strange bedfellows whose discontent would challenge not only capitalism’s unfair outcomes but also the drive for profit at its core. To achieve this synthesis, progressive forces need to go beyond the old ideological certitudes of, on the left, fighting inequality and, on the right, increasing competition. Azmanova details reforms that would enable a dramatic transformation of the current system without a revolutionary break. An iconoclastic critique of left orthodoxy, Capitalism on Edge confronts the intellectual and political impasses of our time to discern a new path of emancipation.
Author: Harry Magdoff
Publisher: NYU Press
ISBN: 0853455740
Category : Social Science
Languages : en
Pages : 223
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Book Description
Response to financial meltdown is entangled with basic challenges to global governance. Environment, global security and ethnicity and nationalism are all global issues today. Focusing on the political and social dimensions of the crisis, contributors examine changes in relationships between the world’s richer and poorer countries, efforts to strengthen global institutions, and difficulties facing states trying to create stability for their citizens.
Author: Michael Dahlen
Publisher: Hillcrest Publishing Group
ISBN: 1634138503
Category : Business & Economics
Languages : en
Pages : 379
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Book Description
Statism denotes any system of big government, a government that gains power at the expense of individual freedom, a government that uses its power to redistribute wealth and regulate the economy. Laissez-faire capitalism, by contrast, is the system of limited government, the system of economic and political freedom. It is a system that has created more wealth and lifted more people out of poverty than any other system. Yet it is relentlessly demonized. We are told that the free market is impractical--prone to crises, depressions, and coercive monopolies. Michael Dahlen dispels these and many other myths. He shows that a laissez-faire capitalist system is not only practical; he shows that it is moral, as it is the only system that recognizes each individual's inalienable right to his own life. A provocative weave of history, philosophy, and political economy, Ending Big Government: The Essential Case for Capitalism and Freedom, shows that capitalism is incontestably superior to statism.
Author: Joel Kovel
Publisher: Zed Books Ltd.
ISBN: 1848136595
Category : Political Science
Languages : en
Pages : 371
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Book Description
We live in and from nature, but the way we have evolved of doing this is about to destroy us. Capitalism and its by-products - imperialism, war, neoliberal globalization, racism, poverty and the destruction of community - are all playing a part in the destruction of our ecosystem. Only now are we beginning to realise the depth of the crisis and the kind of transformation which will have to occur to ensure our survival. This second, thoroughly updated, edition of The Enemy of Nature speaks to this new environmental awareness. Joel Kovel argues against claims that we can achieve a better environment through the current Western 'way of being'. By suggesting a radical new way forward, a new kind of 'ecosocialism', Joel Kovel offers real hope and vision for a more sustainable future.
