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Author: Martin Hart-Landsberg Publisher: NYU Press ISBN: 1583673539 Category : Business & Economics Languages : en Pages : 223
Book Description
“Globalization,” surely one of the most used and abused buzzwords of recent decades, describes a phenomenon that is typically considered to be a neutral and inevitable expansion of market forces across the planet. Nearly all economists, politicians, business leaders, and mainstream journalists view globalization as the natural result of economic development, and a beneficial one at that. But, as noted economist Martin Hart-Landsberg argues, this perception does not match the reality of globalization. The rise of transnational corporations and their global production chains was the result of intentional and political acts, decisions made at the highest levels of power. Their aim – to increase profits by seeking the cheapest sources of labor and raw materials – was facilitated through policy-making at the national and international levels, and was largely successful. But workers in every nation have paid the costs, in the form of increased inequality and poverty, the destruction of social welfare provisions and labor unions, and an erratic global economy prone to bubbles, busts, and crises. This book examines the historical record of globalization and restores agency to the capitalists, policy-makers, and politicians who worked to craft a regime of world-wide exploitation. It demolishes their neoliberal ideology – already on shaky ground after the 2008 financial crisis – and picks apart the record of trade agreements like NAFTA and institutions like the WTO. But, crucially, Hart- Landsberg also discusses alternatives to capitalist globalization, looking to examples such as South America’s Bolivarian Alliance for the Americas (ALBA) for clues on how to build an international economy based on solidarity, social development, and shared prosperity.
Author: Martin Hart-Landsberg Publisher: NYU Press ISBN: 1583673539 Category : Business & Economics Languages : en Pages : 223
Book Description
“Globalization,” surely one of the most used and abused buzzwords of recent decades, describes a phenomenon that is typically considered to be a neutral and inevitable expansion of market forces across the planet. Nearly all economists, politicians, business leaders, and mainstream journalists view globalization as the natural result of economic development, and a beneficial one at that. But, as noted economist Martin Hart-Landsberg argues, this perception does not match the reality of globalization. The rise of transnational corporations and their global production chains was the result of intentional and political acts, decisions made at the highest levels of power. Their aim – to increase profits by seeking the cheapest sources of labor and raw materials – was facilitated through policy-making at the national and international levels, and was largely successful. But workers in every nation have paid the costs, in the form of increased inequality and poverty, the destruction of social welfare provisions and labor unions, and an erratic global economy prone to bubbles, busts, and crises. This book examines the historical record of globalization and restores agency to the capitalists, policy-makers, and politicians who worked to craft a regime of world-wide exploitation. It demolishes their neoliberal ideology – already on shaky ground after the 2008 financial crisis – and picks apart the record of trade agreements like NAFTA and institutions like the WTO. But, crucially, Hart- Landsberg also discusses alternatives to capitalist globalization, looking to examples such as South America’s Bolivarian Alliance for the Americas (ALBA) for clues on how to build an international economy based on solidarity, social development, and shared prosperity.
Author: Daniel Woodley Publisher: Routledge ISBN: 1317755723 Category : Political Science Languages : en Pages : 291
Book Description
Globalization and Capitalist Geopolitics is concerned with the nature of corporate power against the backdrop of the decline of the West and the struggle by non-western states to challenge and overcome domination of the rest of the world by the West. This book argues that although the US continues to preside over a quasi-imperial system of power based on global military preponderance and financial statecraft, and remains reluctant to recognize the realities global economic convergence, the age of imperial state hegemony is giving way to a new international order characterized by capitalist sovereignty and competition between regional and transnational concentrations of economic power. This title seeks to interrogate the structure of world order by examining leading approaches to globalization and political economy in international relations and international political economy. Breaking with the classical school, Woodley argues that geopolitics should be understood as a transnational strategic practice employed by powerful state actors, which mirrors predatory corporate rivalry for control over global resources and markets, reproducing the structural conditions for corporate power through the transnational state form of capital. In a period of increasing geopolitical insecurity and economic instability this title provides an authoritative yet accessible commentary on debates on capitalism and globalization in the wake of the financial crisis. It is valuable resource for students and scholars seeking to develop a deeper understanding of the historical determinants of the changing dynamics of neoliberal capitalism and their implications for world order.
Author: Klaus Schwab Publisher: John Wiley & Sons ISBN: 1119756138 Category : Business & Economics Languages : en Pages : 311
Book Description
Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.
Author: Eric Sheppard Publisher: Oxford University Press ISBN: 0191503150 Category : Business & Economics Languages : en Pages : 224
Book Description
This book summarizes how globalizing capitalism-the economic system now presumed to dominate the global economy-can be understood from a geographical perspective. This is in contrast to mainstream economic analysis, which theorizes globalizing capitalism as a system that is capable of enabling everyone to prosper and every place to achieve economic development. From this perspective, the globalizing capitalism perspective has the capacity to reduce poverty. Poverty's persistence is explained in terms of the dysfunctional attributes of poor people and places. A geographical perspective has two principal aspects: Taking seriously how the spatial organization of capitalism is altered by economic processes and the reciprocal effects of that spatial arrangement on economic development, and examining how economic processes co-evolve with cultural, political, and biophysical processes. From this, globalizing capitalism tends to reproduce social and spatial inequality; poverty's persistence is due to the ways in which wealth creation in some places results in impoverishment elsewhere.
Author: Samir Amin Publisher: Bloomsbury Publishing ISBN: 1780329849 Category : Political Science Languages : en Pages : 194
Book Description
Samir Amin remains one of the world's most influential thinkers about the changing nature of North-South relations in the development of contemporary capitalism. In this highly prescient book, originally published in 1997, he provides a powerful analysis of the new unilateral capitalist era following the collapse of the Soviet model, and the apparent triumph of the market and globalization. Amin's innovative analysis charts the rise of ethnicity and fundamentalism as consequences of the failure of ruling classes in the South to counter the exploitative terms of globalization. This has had profound implications and continues to resonate today. Furthermore, his deconstruction of the Bretton Woods institutions as managerial mechanisms which protect the profitability of capital provides an important insight into the continued difficulties in reforming them. Amin's rejection of the apparent inevitability of globalization in its present polarising form is particularly prophetic - instead he asserts the need for each society to negotiate the terms of its inter-dependence with the rest of the global economy. A landmark work by a key contemporary thinker.
Author: Johan Norberg Publisher: Cato Institute ISBN: 9781930865464 Category : Business & Economics Languages : en Pages : 348
Book Description
Marshalling facts and the latest research findings, the author systematically refutes the adversaries of globalization, markets, and progress. This book will change the debate on globalization in this country and make believers of skeptics.
Author: Andrew Glyn Publisher: Oxford University Press ISBN: 0199226792 Category : Business & Economics Languages : en Pages : 251
Book Description
Free enterprise is off the leash and is chasing opportunities for profit making across the globe. Challenging the notion of capitalist destiny, this text questions whether capitalism really has brought the levels of economic growth and prosperity that were hoped for.
Author: Martin Hart-Landsberg
Author: Martin Hart-Landsberg
Author: William I. Robinson
Author: Daniel Woodley
Author: Klaus Schwab
Author: Joe Cleary
Author: Eric Sheppard
Author: Samir Amin
Author: Johan Norberg
Author: Andrew Glyn
Author: Fidel Castro