The world is at the crossroads of social change, in the vortex of forces that are bringing about a different world, a post-neoliberal state. This groundbreaking book lays out an analysis of the dynamics and contradictions of capitalism in the twenty-first century. These dynamics of forces are traced out in developments across the world - in the Arab Spring of North Africa and the Middle East, in Cuba and elsewhere in Latin America, in the United States, and in Asia. The forces released by a system in crisis can be mobilized in different ways and directions. The focus of the book is on the strategic responses to the systemic crisis. As the authors tell it, these dynamics concern three worldviews and strategic responses. The Davos Consensus focuses on the virtues of the free market and deregulated capitalism as it represents the interests of the global ruling class. The post-Washington Consensus concerns the need to give capital a human face and establish a more inclusive form of development and global governance. In addition to these two visions of the future and projects, the authors identify an emerging radical consensus on the need to move beyond capitalism as well as neoliberalism.
The role and economic power of corporations that dominate the world economy has generated considerable controversy. The most heated debate and the most critical questions surrounding the role of multinational corporations relate to foreign direct investment (FDI). This key volume offers an entirely fresh perspective of the role of multinationals and the development impact of FDI. Contrary to prevailing opinion, it examines whether imperialism is a much more useful concept for describing and explaining the dynamics of world development than globalization. FDI is a mechanism for empire-centred capital accumulation, a powerful lever for political control and for re-ordering the world economy. This is a much needed analysis of global capitalism and its impact around the world, resulting in an excellent resource for students, academics and activists.
We live in a time of dynamic, but generally regressive regime change-a period in which major political transformations and a rollback of a half-century of legislation are accelerated under conditions of a prolonged and deepening economic crisis and a worldwide offensive against the citizenry and the working class. Written by two of the world’s leading left-wing thinkers, Imperialism and Capitalism in the Twenty-First Century takes the form of a number of analytical probes into some of the dynamics of capitalist development and imperialism in contemporary conditions of a system in crisis. It is too early to be definitive about the form that capitalism and imperialism -and socialism-might be or is taking, as we are in but the early stages of a new developmental dynamic, the conditions of which are too complex to anticipate or grasp in thought; they require a closer look and much further study from a critical development and Marxist perspective. The purpose of this book is to advance this process and give some form to this perspective.
This book concerns recent and current political developments in Latin America related to the emergence of left-leaning regimes riding the waves of anti-neoliberalism and a primary commodities boom. Based on five years of field research and a critical engagement with social movements in the region, the book documents the short-term advances and strategic weaknesses of these left-leaning regimes, highlighting their failure to take advantage of favourable economic and political conditions. The authors profile four cases of recent and current political developments, and the prospects for socialism, in Argentina, Bolivia, Cuba and Venezuela.
A critique of current conceptions of international political economy, the role of the state and contemporary social movements, The New Development Politics challenges the dominant paradigms in the field of development studies. Raising fundamental theoretical and empirical questions, it provides a coherent response to the increasing militarization of inter-state relations, increasing protectionism and inter-state rivalries and the growing age of state intervention in political, economic and social life. The study presents a critical analysis of US empire-building, the role of dirty money and political power, as opposed to technological change. It features a discussion of neo-mercantilism as a new mode of empire and examines the role of new movements of unemployed and landless peasants in key Third World countries.
Global climate governance has presented problems that have led to failures, yet it has also opened the door to new transregional governance schemes, especially in North America. This book introduces an environmental dimension into the concept of governance. Almost fifteen years after the climate global governance concept emerged, results worldwide have not been as favorable as expected. This book details previous discussions about the concept of global climate governance and its limits. It highlights how the Kyoto Protocol has a limited design taking into account a national approach to global, regional, and transnational problems, had no obligatory mechanisms for implementation and explains the emergence of new polluters not committed under it such as China and India. Furthermore this book explores other levels of authority such as regional institutions - the North American agreement on trade (NAFTA) and on environment (NAAEC), as well as the regional energy working group (NAEWG). The author puts forward a theoretical proposal for re-territorialization and coordination of policies for climate change into new forms of articulating interests in what she terms transnational green economic regions (TGERs) and tests this on two case studies - the Regional Greenhouse Gas Initiative (RGGI) and the Western Climate Initiative (WCI). This study presents the challenges and opportunities of a transregional approach in North America.
Globalization and Technocapitalism considers the global reach of a new capitalist era, exploring the nature of 'technocapitalism' as grounded in new forms of accumulation, commodification, and corporate organization. As technological creativity, corporate research, and talent flows become more important than ever, this book explores the manner in which globalization acquires new contextual features that will become central to the macro-social dynamics of the twenty-first century. It thus sheds light on the resultant growth in global inequalities and more intrusive forms of global domination that are grounded in emerging sectors, such as nanotechnology, biotechnology and its diverse fields, such as genomics, synthetic bioengineering, bioinformatics and biopharmacology, and related advances in computing and telecommunications. A rigorous examination of developments in contemporary capitalism as driven by the forces of globalization, Globalization and Technocapitalism will be of interest to scholars working in the fields of social and political theory, international political economy, political philosophy, science and technology studies and globalization.
The world is at the crossroads of social change, in the vortex of forces that are bringing about a different world, a post-neoliberal state. This groundbreaking book lays out an analysis of the dynamics and contradictions of capitalism in the twenty-first century. These dynamics of forces are traced out in developments across the world - in the Arab Spring of North Africa and the Middle East, in Cuba and elsewhere in Latin America, in the United States, and in Asia. The forces released by a system in crisis can be mobilized in different ways and directions. The focus of the book is on the strategic responses to the systemic crisis. As the authors tell it, these dynamics concern three worldviews and strategic responses. The Davos Consensus focuses on the virtues of the free market and deregulated capitalism as it represents the interests of the global ruling class. The post-Washington Consensus concerns the need to give capital a human face and establish a more inclusive form of development and global governance. In addition to these two visions of the future and projects, the authors identify an emerging radical consensus on the need to move beyond capitalism as well as neoliberalism.
The role and economic power of corporations that dominate the world economy has generated considerable controversy. The most heated debate and the most critical questions surrounding the role of multinational corporations relate to foreign direct investment (FDI). This key volume offers an entirely fresh perspective of the role of multinationals and the development impact of FDI. Contrary to prevailing opinion, it examines whether imperialism is a much more useful concept for describing and explaining the dynamics of world development than globalization. FDI is a mechanism for empire-centred capital accumulation, a powerful lever for political control and for re-ordering the world economy. This is a much needed analysis of global capitalism and its impact around the world, resulting in an excellent resource for students, academics and activists.
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