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Rentier Capitalism and Its Discontents

Rentier Capitalism and Its Discontents PDF Author: Balihar Sanghera
Publisher: Springer Nature
ISBN: 303076303X
Category : Political Science
Languages : en
Pages : 321

Book Description
This book explains and evaluates today’s economic, political, social and ecological crises through the lens of rentier capitalism and countermovements in Central Asia. Over the last three decades the rich and powerful have increased their wealth and political power to the detriment of social and environmental well-being. But their activities have not gone unchecked. Grassroots activism has resisted the harmful and damaging effects of the neoliberal commodification of things. Providing a much-needed theorisation of the moral economy and politics of rent, this book offers in-depth case studies on finance, real estate and natural resources in Kazakhstan and Kyrgyzstan. The authors show the mechanisms of rent extraction, their moral justifications and legitimacy, and social struggles against them. This book highlights the importance of class relations, state-countermovement interactions and global capitalism in understanding social and economic dynamics in Central Asia. It will be relevant to students and researchers interested in political economy, development studies, sociology, politics and international relations.

Rentier Capitalism and Its Discontents

Rentier Capitalism and Its Discontents PDF Author: Balihar Sanghera
Publisher: Springer Nature
ISBN: 303076303X
Category : Political Science
Languages : en
Pages : 321

Book Description
This book explains and evaluates today’s economic, political, social and ecological crises through the lens of rentier capitalism and countermovements in Central Asia. Over the last three decades the rich and powerful have increased their wealth and political power to the detriment of social and environmental well-being. But their activities have not gone unchecked. Grassroots activism has resisted the harmful and damaging effects of the neoliberal commodification of things. Providing a much-needed theorisation of the moral economy and politics of rent, this book offers in-depth case studies on finance, real estate and natural resources in Kazakhstan and Kyrgyzstan. The authors show the mechanisms of rent extraction, their moral justifications and legitimacy, and social struggles against them. This book highlights the importance of class relations, state-countermovement interactions and global capitalism in understanding social and economic dynamics in Central Asia. It will be relevant to students and researchers interested in political economy, development studies, sociology, politics and international relations.

Globalization and Its Discontents

Globalization and Its Discontents PDF Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393071073
Category : Business & Economics
Languages : en
Pages : 305

Book Description
This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

Rent and Its Discontents

Rent and Its Discontents PDF Author: Neil Gray
Publisher: Transforming Capitalism
ISBN: 9781786605757
Category : Housing
Languages : en
Pages : 0

Book Description
The 1915 Rent Strikes in Glasgow, along with similar campaigns across the UK, catalysed rent restrictions and eventually public housing as a right, with a legacy of progressive improvement in UK housing through the central decades of the 20th century. With the decimation of social housing and the resurgence of a profoundly exploitative private housing market, the contemporary political economy of housing now shares many distressing features with the situation one hundred years ago. Starting with a re-appraisal of the Rent Strikes, this book asks what housing campaigners can learn today from a proven organisational victory for the working class. A series of investigative accounts from scholar-activists and housing campaign groups across the UK charts the diverse aims, tactics and strategies of current urban resistance, seeking to make a vital contribution to the contemporary housing question in a time of crisis.

Global Rentier Capitalism

Global Rentier Capitalism PDF Author: Balihar Sanghera
Publisher: Taylor & Francis
ISBN: 1040133711
Category : Business & Economics
Languages : en
Pages : 292

Book Description
Recent work on rent and rentierism has offered a distinctive and fresh approach to understanding and explaining contemporary capitalism. Drawing on political economy, economics, geography and sociology, this research has brought together distinct theoretical traditions in original and fertile ways to reshape the study of issues related to class, political-economic change and environmental challenges. This book critically engages with these theoretical resources to analyse and evaluate economies in the Global North and South. It offers historical, theoretical and empirical accounts of rentierism, making important cross-disciplinary and global connections. Its four parts address global rentier capitalism under the headings of historical lessons, theoretical developments and empirical studies of rentierism in the Global North and South. It will be the first book of its kind to offer a global account of rentier capitalism. It will be of immense interest to readers in economics, political economy, sociology, geography and development studies.

Capital in the Twenty-First Century

Capital in the Twenty-First Century PDF Author: Thomas Piketty
Publisher: Harvard University Press
ISBN: 0674979850
Category : Business & Economics
Languages : en
Pages : 817

Book Description
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Slow Anti-Americanism

Slow Anti-Americanism PDF Author: Edward Schatz
Publisher: Stanford University Press
ISBN: 1503614336
Category : Political Science
Languages : en
Pages : 253

Book Description
Negative views of the United States abound, but we know too little about how such views affect politics. Drawing on careful research on post-Soviet Central Asia, Edward Schatz argues that anti-Americanism is best seen not as a rising tide that swamps or as a conflagration that overwhelms. Rather, "America" is a symbolic resource that resides quietly in the mundane but always has potential value for social and political mobilizers. Using a wide range of evidence and a novel analytic framework, Schatz considers how Islamist movements, human rights activists, and labor mobilizers across Central Asia avail themselves of this fact, thus changing their ability to pursue their respective agendas. By refocusing our analytic gaze away from high politics, he affords us a clearer view of the slower-moving, partially occluded, and socially embedded processes that ground how "America" becomes political. In turn, we gain a nuanced appreciation of the downstream effects of US foreign policy choices and a sober sense of the challenges posed by the politics of traveling images. Most treatments of anti-Americanism focus on politics in the realm of presidential elections and foreign policies. By focusing instead on symbols, Schatz lays bare how changing public attitudes shift social relations in politically significant ways, and considers how changing symbolic depictions of the United States recombine the raw material available for social mobilizers. Just like sediment traveling along waterways before reaching its final destination, the raw material that constitutes symbolic America can travel among various social groups, and can settle into place to form the basis of new social meanings. Symbolic America, Schatz shows us, matters for politics in Central Asia and beyond.

Rent and its Discontents

Rent and its Discontents PDF Author: Neil Gray
Publisher: Rowman & Littlefield
ISBN: 1786605767
Category : Social Science
Languages : en
Pages : 295

Book Description
The 1915 Rent Strikes in Glasgow, along with similar campaigns across the UK, catalysed rent restrictions and eventually public housing as a right, with a legacy of progressive improvement in UK housing through the central decades of the 20th century. With the decimation of social housing and the resurgence of a profoundly exploitative private housing market, the contemporary political economy of housing now shares many distressing features with the situation one hundred years ago. Starting with a re-appraisal of the Rent Strikes, this book asks what housing campaigners can learn today from a proven organisational victory for the working class. A series of investigative accounts from scholar-activists and housing campaign groups across the UK charts the diverse aims, tactics and strategies of current urban resistance, seeking to make a vital contribution to the contemporary housing question in a time of crisis.

Finance as Warfare

Finance as Warfare PDF Author: Michael Hudson
Publisher:
ISBN: 9781848901858
Category : Business & Economics
Languages : en
Pages : 162

Book Description
Michael Hudson is one the world's foremost critics of contemporary financial capitalism. He is also one of a tiny handful of eminent economists who is leading us to look at old questions in startling new ways. Professor Hudson is the author numerous books on international finance and economic history, and a frequent contributor to leading newspapers and public affairs sites. "There are few people alive who have taught me more than Michael Hudson. The incisive and brilliant essays in this book should really be assigned to every first-year student of economics. The fact they never will be is the ultimate testimony to the fact economics has betrayed its own most noble tradition - and Hudson here so magnificently embodies - to become a sheer instrument of power." David Graeber, author of Debt: the First 5,000 Years and co-organizer of Occupy Wall Street "Michael Hudson... I consider to be the best economist in the West." The Saker "Economist's theoretical edifice does not explain economic reality. Economists need to begin anew. Michael Hudson shows them the way." Paul Craig Roberts, Institute for Political Economy

America's Protectionist Takeoff 1815-1914

America's Protectionist Takeoff 1815-1914 PDF Author: Michael Hudson
Publisher:
ISBN: 9783980846684
Category : Economics
Languages : en
Pages : 392

Book Description
The contribution of the American School of Political Economy (1848 to 1914) to America's wildly successful industrial development has disappeared from today's history books. American protectionists and technology theorists of the day were concerned with securing an economic competitive advantage and conversely, with offsetting the soil depletion of 19th century America's plantation export agriculture. They also emphasized the positive effect of rising wage levels and living standards on the productivity that made the American economic takeoff possible. The American School's "Economy of High Wages" doctrine stands in contrast to the ideology of free traders everywhere who accept low wages and existing productivity as permanent and unchanging "givens," and who treat higher consumption, health and educational standards merely as deadweight costs. Free trade logic remains the buttress of today's financial austerity policies imposed on debtor economies by the United States, the World Bank, and the International Monetary Fund. By contrast, the lessons of the American School of Political Economy can provide a more realistic and positive role model for other countries to emulate - what the United States itself has done, not what its condescending "free-trade" diplomats are telling them to do. The lesson is to adopt the protectionist policies of the late 19th and early 20th centuries that made America an economic superpower. Michael Hudson (Distinguished Professor of Economics, University of Missouri, Kansas City) is a frequent contributor to The Financial Times, Counterpunch, and Global Research.

Capitalism and Its Discontents

Capitalism and Its Discontents PDF Author:
Publisher: Hoover Press
ISBN: 9780817943134
Category : Capitalism
Languages : en
Pages : 28

Book Description