A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms highlights how, since the recent financial crises, the expression ‘liberal reform’ has entered common parlance as an evocative image of austerity and economic malaise, especially for the working classes and a segment of the middle class. But what exactly does ‘liberal reform’ refer to? The research analyzes the historical origins of liberal-capitalist reformism using a critical approach, starting with the origins of the Industrial Revolution. The book demonstrates that the chief purpose of such reforms was to integrate semi-peripheral states into the capitalist world-economy by imposing, both directly and indirectly, the adoption of rules, institutions, attitudes, and procedures amenable to economic and political interests of capitalist élites and hegemonic states – Britain first, the United States later – between the nineteenth and twenty-first centuries. As such, the reforms became an active tool used to promote social-economical-financial institutions, norms, and lifestyles typical of a liberal-capitalist economic order which locates some of its founding values in capital accumulation, profit-seeking, and social transformation. This book will be of significant interest to readers on capitalism, political economy, the history of the global economy, and British history.

This volume represents one of the first efforts to harvest the rapidly emerging scholarship in the field of American rural history. Building on the insights and methodologies that social historians have directed toward urban life, the contributors explore

The Politics of Capitalist Transformation is the only book-length study of the highly protectionist Brazilian informatics policy from its origins in the early 1970s to the collapse of the market reserve in the early 1990s and its impact in subsequent decades. Jeff Seward provides a sophisticated political analysis of how state activists constructed high levels of state autonomy to try to shift Brazil to a new variety of capitalism by eclipsing the multinational companies (especially IBM) that dominated the Brazilian computer sector and replacing them with local companies with 100 percent Brazilian technology and ownership. This ambitious policy required repeated shifts of political strategy and policymaking institutions to respond to a constantly changing economic and political environment as Brazil made a dramatic transition from military dictatorship to democracy. The innovative framework to analyze state autonomy and the sophisticated political analysis of the policymaking process will be of interest to scholars and students of Brazilian and Latin American political economy, varieties of capitalism theory, state theory, democratic transition theory, and high technology policymaking in developing countries.

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.

David Lane outlines succinctly yet comprehensively the development and transformation of state socialism. While focussing on Russia and the countries of Eastern Europe, he also engages in a discussion of the Chinese path. In response to the changing social structure and external demands, he outlines different scenarios of reform. He contends that European state socialism did not collapse but was consciously dismantled. He brings out the West’s decisive support of the reform process and Gorbachev’s significant role in tipping the balance of political forces in favour of an emergent ascendant class. In the post-socialist period, he details developments in the economy and politics. He distinguishes different political and economic trajectories of countries of the former USSR, the New Member States of the European Union, and China; and he notes the attempts to promote further change through ‘coloured’ revolutions. The book provides a detailed account not only of the unequal impact of transformation on social inequality which has given rise to a privileged business and political class, but also how far the changes have fulfilled the promise of democracy promotion, wealth creation and human development. Finally, in the context of globalisation, the author considers possible future political and economic developments for Russia and China. Throughout the author, a leading expert in the field, brings to bear his deep knowledge of socialist countries, draws on his research on the former Soviet Union, and visits to nearly all the former state socialist countries, including China.

In recent decades, there has been many attempts to describe, explore, and explain the new ‘post-modern’ capitalism of the twenty-first century. In this context, this book looks at one of the most exciting strands of this research in the late twentieth century: the flexible specialisation research programme (FSRP). Drawing on the history of ideas, discourse, and literature on capitalism of the last four decades, this book shows that although ‘flexible specialisation’ anticipated some of the ways in which capitalism was being transformed in the late twentieth century, they underestimated and failed to anticipate the forms of ‘creative destruction’ and corporate digital control which were becoming embedded in the global capitalist accumulation dynamic itself. The sudden disappearance of the Soviet Union and the ‘end of history’ failed to open up the pathway for new forms of modern social democracy but gave rise instead to the new digital Behemoths. Today, the classical tendencies of capitalism as anticipated by Marx are all too present and, despite talk of ‘post-capitalism’ and ‘digital/techno-feudalism’, the landscape of monopolyfinance capital has consolidated itself. The book counterposes the FSRP with the various Marxist interpretations of the capitalist transition, together with the wider social and economic theories that emerged in the first decades for the twenty-first century around, for example, the ‘great acceleration’, de-growth, and post-growth. This book will be of interest to all readers concerned with heterodox political economy, critical social theory, intellectual history, and, above all, the prospects for social transformation leading to social justice and an ‘egalitarian enlightenment’.

The collapse of communism in Eastern Europe led to a widespread assumption that capitalism is triumphant and immutable. Harris presents a new interpretation of its self-transformative ability and argues that employee ownership and control is viable

This book provides a rare account of China's market transformation in the own words of the Chinese: politicians, intellectuals, the media, and journalists. The Chinese rhetoric--complex, ironic, argumentative, and abstruse--may hold the key to understanding China's unique style of elite politics, state-citizen relationship, and institutional development. Rhetoricizing the Chinese transformation provides a glimpse into how the Chinese minds work as Chinese people participate as agents in the exercise of changing the country and themselves. This book will serve as a guide for anyone interested in learning how Chinese reason, persuade, debate, and resist.

The harvesting of wild American ginseng (panax quinquefolium), the gnarled, aromatic herb known for its therapeutic and healing properties, is deeply established in North America and has played an especially vital role in the southern and central Appalachian Mountains. Traded through a trans-Pacific network that connected the region to East Asian markets, ginseng was but one of several medicinal Appalachian plants that entered international webs of exchange. As the production of patent medicines and botanical pharmaceutical products escalated in the mid- to late-nineteenth century, southern Appalachia emerged as the United States' most prolific supplier of many species of medicinal plants. The region achieved this distinction because of its biodiversity and the persistence of certain common rights that guaranteed widespread access to the forested mountainsides, regardless of who owned the land. Following the Civil War, root digging and herb gathering became one of the most important ways landless families and small farmers earned income from the forest commons. This boom influenced class relations, gender roles, forest use, and outside perceptions of Appalachia, and began a widespread renegotiation of common rights that eventually curtailed access to ginseng and other plants. Based on extensive research into the business records of mountain entrepreneurs, country stores, and pharmaceutical companies, Ginseng Diggers: A History of Root and Herb Gathering in Appalachia is the first book to unearth the unique relationship between the Appalachian region and the global trade in medicinal plants. Historian Luke Manget expands our understanding of the gathering commons by exploring how and why Appalachia became the nation's premier purveyor of botanical drugs in the late-nineteenth century and how the trade influenced the way residents of the region interacted with each other and the forests around them.

This book uses the levels of analysis approach first developed by Japanese political economist Kozo Uno to theorize stages of capitalist development. Stage theory is understood as a mid-range theory informed both by the theory of a purely capitalist society and by historical analysis. The four stages of mercantilism, liberalism, imperialism, and consumerism are theorized according to an abstract type of capital accumulation, which is understood broadly to include mutually supporting economic, ideological, legal, and political practices.