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Life/Death Rhythms of Capitalist RegimesDebt before Dishonour explores the cyclical theory of cultural development, with particular attention paid to the introduction of democratic forms of government in the British Empire and the United States republic. The cyclical theory allows a forecast of the fading of the dominance of the United States as an imperial power. PART II details the political rise and fall of the democratic empires of Britain and the United States of America. Similar to cultural survival of the loss of dominance experienced by the British Empire after the Great War, the United States will survive in a new form. Which superpower will take over the reins remains to be seen, but the likely contender is the Peoples Republic of China. This conclusion and the timing will allow long-term planning by corporations and governments. In the age of political correctness, it is unlikely that readers will experience any such forecasts by government bodies. Throughout history, societies have used and abused debt, revolted and warred over debt, and have forbidden usury. But the modern financial world as we know it simply cannot exist without usury. Since the 1400s, modern governments have found new ways to expand debt to produce modern economies, which are still subject to the age-old basic principle of debtthat it needs to be repaid or dire consequences ensue. Those who cannot remember the past are condemned to repeat it. George Santayana (18631952)
Life/Death Rhythms of Capitalist Regimes-Debt before Dishonour explores the cyclical theory of cultural development, with particular attention paid to the introduction of democratic forms of government in the British Empire and the United States republic. the cyclical theory allows a forecast of the fading of the dominance of the United States as an imperial power. Part I provides the abbreviated historical background from 3000BC to AD1400. Similar to cultural survival of the loss of dominance experienced by the British Empire after the Great War, the United States will survive in a new form. Which superpower will take over the reins remains to be seen, but the likely contender is the People's Republic of China. This conclusion and the timing will allow long-term planning by corporations and governments. In the age of political correctness, it is unlikely that readers will experience any such forecasts by government bodies. Throughout history, societies have used and abused debt, revolted and warred over debt, and have forbidden usury. But the modern financial world as we know it simply cannot exist without usury. Since the 1400s, modern governments have found new ways to expand debt to produce modern economies, which are still subject to the age-old basic principle of debt--that it needs to be repaid or dire consequences ensue. "Those who cannot remember the past are condemned to repeat it." --George Santayana (1863-1952)
Life/Death Rhythms of Capitalist Regimes Debt before Dishonour explores the cyclical theory of cultural development, with particular attention paid to the introduction of democratic forms of government in the British Empire and the United States republic. The cyclical theory allows a forecast of the fading of the dominance of the United States as an imperial power. Similar to cultural survival of the loss of dominance experienced by the British Empire after the Great War, the United States will survive in a new form. Which superpower will take over the reins remains to be seen, but the likely contender is the Peoples Republic of China. This conclusion and the timing will allow long-term planning by corporations and governments. In the age of political correctness, it is unlikely that readers will experience any such forecasts by government bodies. Throughout history, societies have used and abused debt, revolted and warred over debt, and have forbidden usury. But the modern financial world as we know it simply cannot exist without usury. Since the 1400s, modern governments have found new ways to expand debt to produce modern economies, which are still subject to the age-old basic principle of debt that it needs to be repaid or dire consequences ensue. Those who cannot remember the past are condemned to repeat it. George Santayana (1863 1952)
Life/Death Rhythms of Capitalist Regimes Debt before Dishonour explores the cyclical theory of cultural development, with particular attention paid to the introduction of democratic forms of government in the British Empire and the United States republic. The cyclical theory allows a forecast of the fading of the dominance of the United States as an imperial power. Similar to cultural survival of the loss of dominance experienced by the British Empire after the Great War, the United States will survive in a new form. Which superpower will take over the reins remains to be seen, but the likely contender is the Peoples Republic of China. This conclusion and the timing will allow long-term planning by corporations and governments. In the age of political correctness, it is unlikely that readers will experience any such forecasts by government bodies. Throughout history, societies have used and abused debt, revolted and warred over debt, and have forbidden usury. But the modern financial world as we know it simply cannot exist without usury. Since the 1400s, modern governments have found new ways to expand debt to produce modern economies, which are still subject to the age-old basic principle of debt that it needs to be repaid or dire consequences ensue. Those who cannot remember the past are condemned to repeat it. George Santayana (1863 1952)
Life/Death Rhythms of Capitalist RegimesDebt before Dishonour explores the cyclical theory of cultural development, with particular attention paid to the introduction of democratic forms of government in the British Empire and the United States republic. The cyclical theory allows a forecast of the fading of the dominance of the United States as an imperial power. Part I provides the abbreviated historical background from 3000BC to AD1400. Similar to cultural survival of the loss of dominance experienced by the British Empire after the Great War, the United States will survive in a new form. Which superpower will take over the reins remains to be seen, but the likely contender is the Peoples Republic of China. This conclusion and the timing will allow long-term planning by corporations and governments. In the age of political correctness, it is unlikely that readers will experience any such forecasts by government bodies. Throughout history, societies have used and abused debt, revolted and warred over debt, and have forbidden usury. But the modern financial world as we know it simply cannot exist without usury. Since the 1400s, modern governments have found new ways to expand debt to produce modern economies, which are still subject to the age-old basic principle of debtthat it needs to be repaid or dire consequences ensue. Those who cannot remember the past are condemned to repeat it. George Santayana (18631952)
This book examines the economic and political rise of China from the perspective of Japan’s economic development. Beginning with Japan’s rise to statehood in the Kamakura Period (1185 to 1333) and detailing the evolution of its economy through to 2018, parallels are drawn with the economic development of China. Many of the challenges Japan faced in the first decades of the 20th century, including nationalism, militarism, income disparities, social deprivation, and economic crisis are applicable to modern day China. China’s Economic Rise: Lessons from Japan’s Political Economy aims to detail the possible economic and political upheavals that could accompany the slowing of the Chinese economy from the experience of Japan. The book will be of interest to researchers and students in Political Economy, Economic History, Economic Transition, and Development Economics. The book supplements the other publications of the author: China’s Lessons for India: Volume 1 – The Political Economy of Development, China’s Lessons for India: Volume 2 – The Political Economy of Change and The Rise of Empires: The Political Economy of Innovation.
An illuminating, indispensable analysis of a watershed moment and its possible aftermath. For people and governments around the world, the onset of the COVID-19 pandemic seemed to place the preservation of human life at odds with the pursuit of economic and social life. Yet this naive alternative belies the complexity of the entanglements the crisis has created and revealed not just between health and wealth but also around morality, knowledge, governance, culture, and everyday subsistence. Didier Fassin and Marion Fourcade have assembled an eminent team of scholars from across the social sciences to reflect on the myriad ways SARS-CoV-2 has entered, reshaped, or exacerbated existing trends and structures in every part of the globe. The contributors show how the disruptions caused by the pandemic have both hastened the rise of new social divisions and hardened old inequalities and dilemmas. An indispensable volume, Pandemic Exposures provides an illuminating analysis of this watershed moment and its possible aftermath.
“One of the most profound and illuminating studies of this century to have been published in recent decades.”—John Gray, New York Times Book Review Hailed as “a magisterial critique of top-down social planning” by the New York Times, this essential work analyzes disasters from Russia to Tanzania to uncover why states so often fail—sometimes catastrophically—in grand efforts to engineer their society or their environment, and uncovers the conditions common to all such planning disasters. “Beautifully written, this book calls into sharp relief the nature of the world we now inhabit.”—New Yorker “A tour de force.”— Charles Tilly, Columbia University
This book offers the first systematic exposition and critique of the major approaches to periodizing capitalism, bringing to bear both deep rooted theoretical questions and meticulous empirical analysis to grapple with the seismic economic changes capitalism has experienced over the past 150 years. Westra asks why – despite the anarchic and crises tendencies captured in radical analyses – capitalism manages to reload in a structured stage that realizes a period of relatively stable accumulation. He further evaluates arguments over the economic forces bringing stages of capitalist development to a crashing end. Particular attention in the periodization literature is devoted to examining the economy of the post World War II golden age and what followed its unceremonious demise. The final chapters assess whether what is variously dubbed neoliberalism, globalization or financialization can be understood as a stage of capitalism or, rather, an era of capitalist disintegration and extinction.