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Tipping Point for Advanced Capitalism is a pathbreaking study of the changing class makeup of the Canadian, other G7 and Nordic labour forces since the 1980s, documenting especially the rise of non-managerial professional employees. The book provides unprecedented tracking of the links between employment classes and higher levels of class consciousness, including the often hidden political consciousness of corporate capitalists as well as the extent of oppositional and revolutionary consciousness among non-managerial workers. The large differences exposed between class conscious capitalists and these non-managerial workers on issues of poverty reduction and global warming reveal the strategic roles these key class agents play in actions to defend or transform advanced capitalism. The most concerted evidence-based study to bring class back into grasping the intimately linked ecological, economic and political crises we now face.
Tipping Point for Advanced Capitalism is a pathbreaking study of the changing class makeup of the Canadian, other G7 and Nordic labour forces since the 1980s, documenting especially the rise of non-managerial professional employees. The book provides unprecedented tracking of the links between employment classes and higher levels of class consciousness, including the often hidden political consciousness of corporate capitalists as well as the extent of oppositional and revolutionary consciousness among non-managerial workers. The large differences exposed between class conscious capitalists and these non-managerial workers on issues of poverty reduction and global warming reveal the strategic roles these key class agents play in actions to defend or transform advanced capitalism. The most concerted evidence-based study to bring class back into grasping the intimately linked ecological, economic and political crises we now face.
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.
Twenty-first-century capitalism has little more to offer than a menu of despair: pandemics, deepening inequality, worsening depression, runaway climate change, intensifying authoritarianism and escalating militarism. Twilight Capitalism offers a wide-ranging analysis of the origins, implications and scope of the “combined” social crisis of 2020 and beyond. A compelling case is made that Karl Marx’s critical analysis of capitalism, along with his program of class-struggle socialism, is essential to understanding and addressing the most important social, economic and ecological problems of our time.
Where has capitalism gone wrong? Why are advanced capitalist economies so sick, and why do conventional policy solutions--such as reduced taxes and increased money supply--produce only wider income disparity and inequality? We are now living in a new world in which a majority of people enjoys the highest living standard in history, acquiring more and more goods and services as necessary luxuries. But as Kozo Yamamura shows, despite our apparent lust for gourmet food and designer clothes, for larger homes, the latest gadgets, and exotic vacations, demand for these goods actually grows slowly, so relying on them to reinvigorate our economies will not succeed. With Too Much Stuff, Yamamura upends conventional capitalist wisdom to provide a new approach. He calls for increased tax-funded demand to address a range of societal needs--such as environmental concerns, social safety nets, infrastructure, and better education and housing for all. By addressing these needs, argues Yamamura, we can also take huge steps toward reducing the growing wealth gap that threatens global democracy. Both solutions-oriented and accessibly written, this book draws on fascinating case studies from the United States, Japan, and Germany, as well as convincing evidence from across the Western world, to suggest practical steps forward that we can all understand and support. Too Much Stuff boldly challenges the economic orthodoxy and, in so doing, challenges us to think outside the box for the betterment of all.
This book takes stock of the major economic and political challenges advanced capitalist democracies face today. It provides a synthetic view, allowing the reader to grasp the nature of key structural transformations and their consequences in terms of the politics of change, policy outputs, and outcomes.
This book sketches the history of political forces in modern India. It begins defining these political categories of left, right and far-right with the usual reference to French Revolution (for want of an indigenous equivalent), and discusses movement of forces towards left, or towards the right from the balance of socio-political forces or status quo at a point of time in India. It recalls historical facts, uses chronological order for clarity and leaders’ names and political parties, their world view and ideas of nation, social groups they represented, and their movements. It progresses by reopening only a few windows to modern Indian history and looks at periods like, the 1920-30s, and 1970-80s, when there were significant movements and consolidation of socio-political forces to the right and far right. At the late 1960s and early 1970s, there were a series of policy proposals, legislations to nationalize assets and launch direct attacks on poverty that marked a sharp turn to the leftist ideology in Delhi (the central government of the time). Following these, a coalition of mostly right-wing forces rose to challenge the government at the centre and succeeded. This occurred in the context of heated Cold War geopolitics. Taylor and Francis does not sell or distribute the print editions of this book in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.
Explaining how the recent U.S. economic crisis, which quickly spread around the world, marked a turning point in the history of capitalism, this book contends that the system will not bounce back and will not return to the normal capitalist boom-and-bust cycle. Using youth unemployment as a key measure of stagnation of a system in decline, as well as Marxist analytical tools, it shows how global capitalism has reached a tipping point. Other featured examples demonstrate how capitalism is not only wrecking the environment, but has outgrown the planet and threatens its very existence, nearing a resurgence of global class struggle at levels not seen since the 1930s.