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For the better part of a century, the Left has been waging a slow, methodical battle for control of the institutions of Western civilization. During most of that time, “business”— and American Big Business, in particular — remained the last redoubt for those who believe in free people, free markets, and the criticality of private property. Over the past two decades, however, that has changed, and the Left has taken its long march to the last remaining non-Leftist institution. Over the course of the past two years or so, a small handful of politicians on the Right — Senators Tom Cotton, Marco Rubio, and Josh Hawley, to name three — have begun to sense that something is wrong with American business and have sought to identify the problem and offer solutions to rectify it. While the attention of high-profile politicians to the issue is welcome, to date the solutions they have proposed are inadequate, for a variety of reasons, including a failure to grasp the scope of the problem, failure to understand the mechanisms of corporate governance, and an overreliance on state-imposed, top-down solutions. This book provides a comprehensive overview of the problem and the players involved, both on the aggressive, hardcharging Left and in the nascent conservative resistance. It explains what the Left is doing and how and why the Right must be prepared and willing to fight back to save this critical aspect of American culture from becoming another, more economically powerful version of the “woke” college campus.
This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the majority of citizens, but opposed by elites. Dictatorship nevertheless is not stable when citizens can threaten social disorder and revolution. In response, when the costs of repression are sufficiently high and promises of concessions are not credible, elites may be forced to create democracy. By democratizing, elites credibly transfer political power to the citizens, ensuring social stability. Democracy consolidates when elites do not have strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization.
Representing Capital, Fredric Jameson’s first book-length engagement with Marx’s magnum opus, is a unique work of scholarship that records the progression of Marx’s thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown.
Shows how financial globalization can be perilous, holding the capacity to finance the durability of authoritarian governments.
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.
If you are one of the many people today looking for explanations and possible solutions to the ongoing Global Financial Crisis and Global Ecological Crisis, then this book should be on your reading list. Michael Tubbs spent eighteen years as a barrister representing smaller corporations against some of the giant corporations of capital which now dominate the ‘world global economy’. Tubbs was in practice during the collapse of the ‘top down’ Soviet system, and its replacement by the equally ‘top down’ corporatist system. Tubbs’ experience forced him to draw the unavoidable conclusion that: ‘EVERY CORPORATION OF CAPITAL IS POTENTIALLY, IN THEORY AND FACT, A CONSPIRACY AGAINST EVERYTHING ELSE IN SOCIETY EXCEPT ITSELF’. He believes it is time that people understood the role that corporatism has played in bringing the world to its economic and environmental knees. He shows how the corporations of capital have gained so much power in society, to the detriment of democracy throughout the world. While private corporations have exploited our labour and our natural resources for their own greed, our governments have failed in their duty of care. Corporations continue to hide away their profits in tax havens, while ordinary citizens bear the brunt of the GFC and GEC, and no one accepts or apportions blame. Tubbs argues it is time to take action — to lift the corporate veil of secrecy and privilege that protects corporations of capital, and to democratise them for the benefit of all.
Explains how dictatorships rise, survive, and fall, along with why some but not all dictators wield vast powers.
Now available in English for the first time, Dictatorship is Carl Schmitt’s most scholarly book and arguably a paradigm for his entire work. Written shortly after the Russian Revolution and the First World War, Schmitt analyses the problem of the state of emergency and the power of the Reichspräsident in declaring it. Dictatorship, Schmitt argues, is a necessary legal institution in constitutional law and has been wrongly portrayed as just the arbitrary rule of a so-called dictator. Dictatorship is an essential book for understanding the work of Carl Schmitt and a major contribution to the modern theory of a democratic, constitutional state. And despite being written in the early part of the twentieth century, it speaks with remarkable prescience to our contemporary political concerns.
The resurgence of the far right across Europe and the emergence of the "alt-right" in the US have put the question of fascism urgently back on the agenda. For those trying to understand these forms of politics, there is no better place to start than Fascism and Dictatorship, the unrivalled Marxist study of German and Italian fascism. It carefully distinguishes between fascism as a mass movement before the seizure of power and what it becomes as an entrenched machinery of dictatorship. It compares the distinct class components of the counterrevolutionary blocs mobilised by fascism in Germany and Italy; analyses the changing relations between the petty bourgeoisie and big capital in the evolution of fascism; discusses the structures of the fascist state itself, as an emergency regime for the defence of capital; and provides a sustained and documented criticism of official Comintern attitudes and policies towards fascism in the fateful years after the Versailles settlement. Fascism and Dictatorship represents a challenging synthesis of factual evidence and conceptual analysis, a standard bearer of what Marxist political theory should be.