The Crisis Of Global Capitalism

Author: George Soros
Publisher: Little Brown GBR
ISBN: 9780316849166
Size: 29.51 MB
Format: PDF, ePub, Mobi
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The Crisis Of Global Capitalism. George Soros is a legend in the world of finance. His Quantum Fund has been the best-performing investment fund in history and his foundations have helped reshape the post-Cold War world. Now Soros applies all of his wisdom, expertise and insight to explain what's happening in the collapsing global economy. The Russian economy has collapsed, leading to punishing inflation and economic hardship; scores of Japanese banks are in ruin; the once-booming economies of Thailand, Malaysia and Indonesia have imploded; and even in Europe and America the markets lurch violently, wiping out gains with each passing week. In THE CRISIS OF GLOBAL CAPITALISM Soros dissects the current crisis and economic theory, revealing how theoretical assumptions have combined with human behaviour to lead to today's calamities. He shows how unquestioning faith in market forces blinds us to crucial instabilities, and how those instabilities have chain-reacted to cause the current crisis which has the potential to get much, much worse. Offering brilliant solutions to the global meltdown, this is essential reading for anyone involved with the new economy - that is, all of us.

The Crisis Of Global Capitalism

Author: Adrian Pabst
Publisher: Casemate Publishers
ISBN: 0227680162
Size: 62.78 MB
Format: PDF
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The Crisis Of Global Capitalism. The current economic crisis stems from a deeper crisis of cultural imagination and civilisational ethics: here is the starting point of this collection of essays which draw a new political economy facing the crisis of Western civilization. This book gathers together a range of audacious and provocative readings of Caritas in Veritate, the first papal encyclical that addresses issues immediately relevant for politic, economic, and social theory. These readings embody the kind of fruitful dialogue Pope Benedict XVI wanted to generate with his radical discourse for an alternative political economy.

Global Capitalism And The Crisis Of Humanity

Author: William I. Robinson
Publisher: Cambridge University Press
ISBN: 1107067472
Size: 26.66 MB
Format: PDF, ePub, Mobi
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Global Capitalism And The Crisis Of Humanity. This book 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.

Global Capitalism And The Crisis Of Democracy

Author: Jerry Harris
Publisher:
ISBN: 9780986085321
Size: 58.33 MB
Format: PDF
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Global Capitalism And The Crisis Of Democracy. Democracy is in crisis, from the streets of Ferguson to the struggle in Greece. Throughout the world millions suffer under neo-liberalism and austerity but are unable to force their governments to address their needs. Fundamentally, democracy is about the relationships between the state, markets and civil society. Attempts to artificially repress the functions of any of these institutions result in political, social and economic problems that lead to irresolvable contradictions and eventual failure. This book undertakes the examination of capitalist democracy, globalization, and the emergence of a transnational capitalist class needed to develop a strategy for implementing democracy beyond its current impasse. Early capitalism contained the contradiction between property rights and popular democracy. The American and French revolutions saw an alliance between the capitalist class, farmers, craft workers and laborers. Democracy was a class compromise, based on the political balance between the masses and the new ruling elite. This tension has set in motion the continual conflict over democratic rights. As the transnational capitalist class coalesced into a hegemonic bloc, their project was to reengineer the national state to serve global markets and suppress democratic input from civil society. This has led to a growing social crisis that cannot be resolved by global capitalism.Socialism emerged as the alternative to capitalism, promising economic equality and social justice. But the Soviet system centralized power into the state, suppressing both civil society and the market. This created fundamental economic and social contradictions. Eventually the failure of an internal transformation led to collapse. As for anarchism, its theory ignores the role of the state and rejects the market, creating a limited ideology of social change that fails to create a viable alternative.A successor system must recognize the relationships between the state, markets and civil society, seeking to balance naturally occurring contradictions through the practice and renewal of democratic institutions. Conflicts are not an indication of a dysfunctional society, but of a vibrant, adaptable and open society. The key is recognizing horizontal democracy as the structure for resolving conflicts. Worker ownership and cooperatives may be the first step in constructing such a society, alongside sustainable economics, protagonistic democracy and governmental public financing.

The Making Of Global Capitalism

Author: Sam Gindin
Publisher: Verso Books
ISBN: 1844679454
Size: 55.72 MB
Format: PDF
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The Making Of Global Capitalism. The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren’t straightforwardly opposing forces. In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an “informal empire” promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises. The Making of Global Capitalism, through its highly original analysis of the first great economic crisis of the twenty-first century, identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements transforming nation states and transcending global markets.

The Political Economy Of Global Capitalism And Crisis

Author: Bill Dunn
Publisher: Routledge
ISBN: 1317751280
Size: 79.38 MB
Format: PDF, ePub, Mobi
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The Political Economy Of Global Capitalism And Crisis. The book provides a theoretically and historically informed analysis of the global economic crisis. It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against jumping too quickly from abstract concepts to a concrete understanding of the crisis. Instead, it uses what Marx described in his notebooks as an ‘obvious’ analytical ordering to progress from a general analysis of economy and society to a discussion of recent economic transformations and the specifics of the crisis and its aftermath.Dunn argues that appropriately reconceived, a critical Marxism can incorporate and enrich rather than rejecting insights from other traditions. He disputes general characterisations of capitalism to the crisis and theories which see finance and the contemporary financial crises as largely detached from other aspects of the economy and society. Providing a thoroughly socialised and historically based account, this book will be vital reading for students and scholars of political economy, international political economy, Marxism, sociology, geography and development studies.

Crises Of Global Economy And The Future Of Capitalism

Author: Kiichiro Yagi
Publisher: Routledge
ISBN: 1135101655
Size: 53.90 MB
Format: PDF
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Crises Of Global Economy And The Future Of Capitalism. Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.

Global Crises And The Crisis Of Global Leadership

Author: Stephen Gill
Publisher: Cambridge University Press
ISBN: 1139503642
Size: 77.70 MB
Format: PDF, ePub
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Global Crises And The Crisis Of Global Leadership. This groundbreaking collection on global leadership features innovative and critical perspectives by scholars from international relations, political economy, medicine, law and philosophy, from North and South. The book's novel theorization of global leadership is situated historically within the classics of modern political theory and sociology, relating it to the crisis of global capitalism today. Contributors reflect on the multiple political, economic, social, ecological and ethical crises that constitute our current global predicament. The book suggests that there is an overarching condition of global organic crisis, which shapes the political and organizational responses of the dominant global leadership and of various subaltern forces. Contributors argue that to meaningfully address the challenges of the global crisis will require far more effective, inclusive and legitimate forms of global leadership and global governance than have characterized the neoliberal era.

A Theory Of Global Capitalism

Author: William I. Robinson
Publisher: JHU Press
ISBN: 9780801879272
Size: 77.15 MB
Format: PDF, ePub, Mobi
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A Theory Of Global Capitalism. In this book, sociologist William Robinson offers a theory of globalization that follows the rise of a new capitalist class - and a new type of state formation. He explains how global capital mobility has allowed capital to reorganize production worldwide in accordance with a whole range of considerations that allow for maximizing profit-making opportunities. This worldwide decentralization and fragmentation of the production process has taken place alongside the centralization of command and control of the global economy in transnational capital. In turn, this economic reorganization finds a political counterpart in the rise of the transnational state. In the future, Robinson argues, hegemony will be exercised not by a particular nation-state but by the new global ruling class who, regardless of their nationality, tend to share similar lifestyles and interact through expanding networks of this transnational state. In this way, the process of globalization is unifying the world into a single mode of production that is increasingly integrating different countries and regions into a new global economy and society. Robinson concludes that, because the new global capitalism is rife wit