Author: William K. Tabb
Publisher: Columbia University Press
ISBN: 0231158424
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
Actions taken by the United States and other countries during the Great Recession focused on restoring the viability of major financial institutions while guaranteeing debt and stimulating growth. Once the markets stabilized, the United States enacted regulatory reforms that ultimately left basic economic structures unchanged. At the same time, the political class pursued austerity measures to curb the growing national debt. Drawing on the economic theories of Keynes and Minsky and applying them to the modern evolution of American banking and finance, William K. Tabb offers a chilling prediction about future crises and the structural factors inhibiting true reform. Tabb follows the rise of banking practices and financial motives in America over the past thirty years and the simultaneous growth of a shadow industry of hedge funds, private equity firms, and financial innovations such as derivatives. He marks the shift from an American economy based primarily on the production of goods and nonfinancial services to one characterized by financialization, then shows how these developments, perspectives, and approaches not only contributed to the recent financial crisis but also prevented the enactment of effective regulatory reform. He incisively analyzes the damage that increasing unsustainable debt and excessive risk-taking has done to our financial system and expands his critique to a discussion of world systems and globalization. Revealing the willful blind spots of mainstream finance theory, Tabb moves beyond an economic model reliant on debt expansion and dangerous levels of leverage, proposing instead a social structure of accumulation that places economic justice over profit and, more practically, institutes an inclusive, sustainable model for growth.
Author: Berch Berberoglu
Publisher: Routledge
ISBN: 1351888919
Category : Social Science
Languages : en
Pages : 360
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Book Description
Written by a team of experts on the contemporary global capitalist political economy who are able to shed light on the inner workings of global capitalism and the capitalist globalization process that has led to the growth and development of capitalism from the national to the global level, this groundbreaking volume provides critical analyses of the causes and consequences of the Great Recession of 2008-2009. Through a careful examination of the origin, development and aftermath of the catastrophic economic crisis from which the world is still trying to recover, editor Berch Berberoglu and his colleagues demonstrate that those most responsible for the economic collapse are the ones least affected by its devastating impact felt most severely by working people around the world. Ultimately, this book argues that it is only through the systematic restructuring of the world economy by the working class that society will be able to prevent the boom and bust cycle of global capitalist crises and usher in a more egalitarian socialist economy and society.
Author: Ralf Ruckus
Publisher: PM Press
ISBN: 1629638536
Category : Political Science
Languages : en
Pages : 234
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Book Description
The Communist Road to Capitalism explores how a dynamic of social struggles from below followed by countermeasures of the Chinese Communist Party (CCP) regime has pushed the historical evolution of the People’s Republic of China (PRC) since 1949. Under socialism until the mid-1970s, during the ensuing transition until the mid-1990s, and in the capitalist period since, the CCP regime responded to the struggles of workers, peasants, migrants, and women* with a mix of repression, concession, cooptation, and reform. Ralf Ruckus shows that this dynamic took the country into a new phase each time—and eventually all the way from socialism to capitalism: in the 1950s, labor struggles and the Hundred Flowers Movement were followed by the regime’s Great Leap Forward; in the 1960s, the Cultural Revolution led to the CCP’s failed attempt to revitalize socialism; in the 1970s, social unrest and movements for a democratic socialism made room for the regime’s Reform and Opening policies; in the late 1980s, the Tian’anmen Square uprising triggered more radical reforms; in the 1990s, peasant and state worker unrest could not stop the capitalist restructuring; and in the 2000s, migrant worker struggles led to concessions, tightened repression, and the regime’s global capitalist expansion strategy in the 2010s. The Communist Road to Capitalism breaks with established orthodoxies about the PRC’s socialist “successes” and myths on its later rise as an economic power. It combines a historiography of workers’, peasants’, migrants’, and women*’s struggles with a searing critique of exploitation, authoritarian state power and gender discrimination under socialism and capitalism. Drawing lessons from PRC history, Ralf Ruckus finally outlines political aims and methods for the left that avoid past mistakes and allow to fight on for a society free of all forms of exploitation and oppression.
Author: Berch Berberoglu
Publisher: Taylor & Francis
ISBN: 1000594424
Category : Social Science
Languages : en
Pages : 172
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Book Description
After the end of America’s longest (20-year) war in Afghanistan and Iraq that cost more than $6 trillion and nearly half a million lives, what does the future hold for America and the American people in the 21st century? In this timely and important book, Berch Berberoglu provides an eye-opening account of the history of the American Empire from its inception to the present, with prospects for its future. Examining the worldwide expansion of the American Empire over the course of its turbulent history in great detail, Berberoglu assesses America’s imperial legacy in a sober way, highlighting its failure to come to terms with the enormous cost of this adventure in imperial overreach. But Berberoglu sees light at the end of the long, dark tunnel, when the American people will awaken and lead the way to a new America after empire in the coming decades of the 21st century.
Author: Zellig Sabbettai Harris
Publisher: Rowman & Littlefield
ISBN: 9780847684120
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
The collapse of communism in Eastern Europe led to a widespread assumption that capitalism is triumphant and immutable. Harris presents a new interpretation of its self-transformative ability and argues that employee ownership and control is viable
Author: Linda Peake
Publisher: John Wiley & Sons
ISBN: 1119789141
Category : Social Science
Languages : en
Pages : 324
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Book Description
What does a feminist urban theory look like for the twenty first century? This book puts knowledges of feminist urban scholars, feminist scholars of social reproduction, and other urban theorists into conversation to propose an approach to the urban that recognises social reproduction both as foundational to urban transformations and as a methodological entry-point for urban studies. Offers an approach feminist urban theory that remains intentionally cautious of universal uses of social reproduction theory, instead focusing analytical attention on historical contingency and social difference Eleven chapters that collectively address distinct elements of the contemporary crisis in social reproduction and the urban through the lenses of infrastructure and subjectivity formation as well as through feminist efforts to decolonize urban knowledge production Deepens understandings of how people shape and reshape the spatial forms of their everyday lives, furthering understandings of the 'infinite variety' of the urban Essential reading for academics, researchers and scholars within urban studies, human geography, gender and sexuality studies, and sociology
Author: Gar Alperovitz
Publisher: Democracy Collaborative Pres
ISBN: 0984785701
Category : Business & Economics
Languages : en
Pages : 373
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Book Description
America Beyond Capitalism is a book whose time has come. Gar Alperovitz's expert diagnosis of the long-term structural crisis of the American economic and political system is accompanied by detailed, practical answers to the problems we face as a society. Unlike many books that reserve a few pages of a concluding chapter to offer generalized, tentative solutions, Alperovitz marshals years of research into emerging "new economy" strategies to present a comprehensive picture of practical bottom-up efforts currently underway in thousands of communities across the United States. All democratize wealth and empower communities, not corporations: worker-ownership, cooperatives, community land trusts, social enterprises, along with many supporting municipal, state and longer term federal strategies as well. America Beyond Capitalism is a call to arms, an eminently practical roadmap for laying foundations to change a faltering system that increasingly fails to sustain the great American values of equality, liberty and meaningful democracy.
Author: Karl Polanyi
Publisher: Random House
ISBN: 1802065164
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
‘One of the most powerful books in the social sciences ever written. ... A must-read’ Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect ‘Polanyi’s revolutionary work is a must-read’ Mariana Mazzucato Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi’s hugely influential work is a passionate call to protect our common humanity. ‘Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative’ Guardian ‘Polanyi exposes the myth of the free market’ Joseph E. Stiglitz With a new introduction by Gareth Dale
Author: William I. Robinson
Publisher: Cambridge University Press
ISBN: 1316062554
Category : Social Science
Languages : en
Pages : 257
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Book Description
This exciting new study provides an original and provocative exposé of the crisis of global capitalism in its multiple dimensions - economic, political, social, ecological, military, and cultural. Building on his earlier works on globalization, William I. Robinson discusses the nature of the new global capitalism, the rise of a globalized production and financial system, a transnational capitalist class, and a transnational state and warns of the rise of a global police state to contain the explosive contradictions of a global capitalist system that is crisis-ridden and out of control. Robinson concludes with an exploration of how diverse social and political forces are responding to the crisis and alternative scenarios for the future.
Author: Norene Pupo
Publisher: University of Toronto Press
ISBN: 1442600578
Category : Social Science
Languages : en
Pages : 316
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Book Description
Interrogating the New Economy is a collection of original essays investigating the New Economy and how changes ascribed to it have impacted labour relations, access to work, and, more generally, the social and cultural experiences of work in Canada. Based on years of participatory research, sector-specific studies, and quantitative and qualitative data collection, the work accounts for the ways in which the contemporary workplace has changed but also the extent to which older forms of work organization still remain. The collection begins with an overview of the key social and economic transformations that define the New Economy. It then illustrates these transformations through examples, including essays on wine tourism, the regeneration of mining communities, the place of student workers, and changes in the public service workplace. It also addresses unions and their responses to the restructuring of work, as well as other forms of resistance.
