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After the 2008–9 global financial crisis, reforms to promote stability, social inclusion, and sustainability were promised but not delivered. As a result, the global economic situation, marred by inequality, volatility, and climate breakdown, remains dysfunctional. Now, the economic fallout from the Covid-19 pandemic offers us a second chance. Kevin Gallagher and Richard Kozul-Wright argue that we must grasp it by implementing sweeping reforms to how we govern global money, finance, and trade. Without global leaders prepared to boldly rewrite the rules to promote a prosperous, just, and sustainable post-Covid world economic order – a Bretton Woods moment for the twenty-first century – we risk being engulfed by climate chaos and political dysfunction. This book provides a blueprint for change that no one interested in the future of our planet can afford to miss.
Recounts the events of the Bretton Woods accords, presents portaits of the two men at the center of the drama, and reveals Harry White's admiration for Soviet economic planning and communications with intelligence officers.
Eric Helleiner's new book provides a powerful corrective to conventional accounts of the negotiations at Bretton Woods, New Hampshire, in 1944. These negotiations resulted in the creation of the International Monetary Fund and the World Bank—the key international financial institutions of the postwar global economic order. Critics of Bretton Woods have argued that its architects devoted little attention to international development issues or the concerns of poorer countries. On the basis of extensive historical research and access to new archival sources, Helleiner challenges these assumptions, providing a major reinterpretation that will interest all those concerned with the politics and history of the global economy, North-South relations, and international development. The Bretton Woods architects—who included many officials and analysts from poorer regions of the world—discussed innovative proposals that anticipated more contemporary debates about how to reconcile the existing liberal global economic order with the development aspirations of emerging powers such as India, China, and Brazil. Alongside the much-studied Anglo-American relationship was an overlooked but pioneering North-South dialogue. Helleiner’s unconventional history brings to light not only these forgotten foundations of the Bretton Woods system but also their subsequent neglect after World War II.
Commentaries by top scholars alongside the most important documents and speeches concerning the Bretton Woods Conference of 1944 The two world wars brought an end to a long-standing system of international commerce based on the gold standard. After the First World War, the weaknesses in the gold standard contributed to hyperinflation, the Great Depression, the rise of fascism, and ultimately World War II. The Bretton Woods Conference of 1944 arose out of the Allies’ desire to design a postwar international economic system that would provide a basis for prosperity, trade, and worldwide economic development. Alongside important documents and speeches concerning the adoption and evolution of the Bretton Woods system, this volume includes lively, readable, original essays on such topics as why the gold standard was doomed, how Bretton Woods encouraged the adoption of Keynesian economics, how the agreements influenced late-twentieth‑century ideas of international development, and why the agreements ultimately had to give way to other arrangements.
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
"A gem of a book. Its topics are timely and provocative for cultural studies, sociology, English, literary theory, and education classes. The authors are brilliant thinkers and clear, penetrating writers." -Peter McLaren, UCLA, author of Capitalists and Conquerors: A Critical Pedagogy Against Empire Class in Culture demonstrates the power of moving beyond cultural politics to a deeper class critique of contemporary life. Making a persuasive case for class as the material logic of culture, the book is written in a double register of short critiques of life practices-from food and education to race, stem-cell research, and abortion-as well as sustained critiques of such theoretical discourses as ideology, consumption, globalization, and 9/11. Surpassing the orthodoxies of cultural studies, Class in Culture makes surprising connections among seemingly unrelated cultural events and practices and offers a groundbreaking and complex understanding of the contemporary world.
Contending Global Apartheid: Transversal Solidarities and Politics of Possibility offers a collection of critical essays on human rights movements, sanctuary spaces, and the emplacement of antiracist conviviality in cities across North and South America, Europe and Africa.
This book investigates the influence of globalization on ideology and politics in the United States. Ronald Cox and Daniel Skidmore-Hess argue that U.S. policy has been motivated less by anxiety about the independence and stability of the domestic economy and more by worry about factors that might limit the participation of U.S. corporations in international markets. Connecting trends in domestic and foreign policy with the changing needs of industry, they associate increased globalization with the the breakup of the liberal, New Deal coalition; the collapse of the Bretton Woods Agreement in the 1970s; the neoconservative, antiregulatory movements of the 1980s; and the rightward drift of both the Republican and Democratic Parties.