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.

This book discusses the nature of the new global capitalism, the rise of a globalized production and financial system, a transnational capitalist class, and a transnational state and warns of the rise of a global police state to contain the explosive contradictions of a global capitalist system that is crisis-ridden and out of control.

This wide-ranging book makes a critical contribution to understanding the times in which we live and possible solutions to the increasingly acute crisis of global capitalism. Harris critiques with great perspicacity the ideology and destructive practices of hegemonic neo-liberalism as well as the failure of 20th century socialism to provide a viable alternative and the limitations of anarchism. All three ideologies are found wanting in the quest for human liberation. In this new globalized information age our emancipatory potential, he suggests, lies in freeing democracy from the constraints of capitalism through a more balanced relationship between the state, market and civil society.

"Magisterial history...one of the most comprehensive histories of modern capitalism yet written." —Michael Hirsh, New York Times Book Review In 1900 international trade reached unprecedented levels and the world's economies were more open to one another than ever before. Then as now, many people considered globalization to be inevitable and irreversible. Yet the entire edifice collapsed in a few months in 1914. Globalization is a choice, not a fact. It is a result of policy decisions and the politics that shape them. Jeffry A. Frieden's insightful history explores the golden age of globalization during the early years of the century, its swift collapse in the crises of 1914-45, the divisions of the Cold War world, and the turn again toward global integration at the end of the century. His history is full of character and event, as entertaining as it is enlightening.

This book compiles the presentations and discussions from the international symposium “Beyond Global Capitalism” that was held with the contributions of Emmanuel Todd, Ha-Joon Chang, and other scholars in Kyoto, Japan, in 2013. The book is intended make the reader aware that global capitalism, or globalism, has increased its power in recent years, bringing about a variety of harmful effects to the peoples of the world. Drawing upon a variety of academic disciplines including economics, political economic science, economic thought, anthropology, history, and political science, the contributors to this book identify theories and strategies for overcoming the worldwide problems that have been caused by global capitalism. The discussions presented here foster the development of theoretical and practical frameworks for a global economy that moves beyond global capitalism. They also argue for the development of a stable, rich, and resilient economy and society that enhances the well-being of people all over the world in the twenty-first century.

Cites case studies from US metropolitan areas to argue that the traditional theories of monopoly capitalism and world systems are inadequate to analyze the emerging international capitalist economy. Also examines the new relationships between economics, politics, and governments. Paper edition (unseen), $16.95. Annotation copyrighted by Book News, Inc., Portland, OR

People from West Africa are risking their lives and surrendering their citizenship rights to enter exploitative labour markets in Europe. This book offers an explanation for this phenomenon that is based on close analysis of the contradictory economic and political agendas that create and constrain labour migration. It shows how global capitalism regulates different stages of the process within an interconnected system of economic dispossession, the construction of an illegal status, border control, labour exploitation and processes of underdevelopment. This is summarised as a regime of ‘unfree labour mobility’. Combined with structural and historical approaches, this book is based on ethnographic research. It incorporates those who are left behind, those who decide to stay, migrants who fail and those who are on the move, alongside clustered migrant communities in Senegal, Mauritania and Spain. The book’s panoramic approach shows how West African ‘step-wise’ journeys to Europe by land and sea sees competing territorial and economic policies regulating an unstable and unpredictable trajectory, creating ‘illegal’ labour through dual logics of border security and selective labour mobility. This book demonstrates that the diverse channels through which people migrate in the modern era are mediated by European states and labour markets, which utilise border regimes to control labour and be globally competitive. The themes and patterns that emerge, in their context of inter-generational change, present a challenge to the accepted wisdom about the individual and household dynamics of labour migration. This book is of interest to students and scholars of migration, transnationalism, politics, security, development, economics, and sociology.

The essays in this volume were published across the 1984-2011 period, and range across a variety of topics and approaches to investigate the changing nature of global capitalism as a social order. As such, they are a valuable and instructive account of the evolution of global capitalism and of the debates which sought to make sense of this; moreover, they enable us to understand more clearly how capitalism may change and evolve in the coming years and decades. The introduction provides a brief historical account of how global capitalism has changed since the 1960s, before summarising each of the essays, situating them more immediately in the context in which they were written. After sketching the evolution of his views over the period, the author concludes by discussing some important dimensions of global capitalism that need further study. The twelve essays are presented in four sections, dealing with the overarching theme of globalisation; the case of Britain; the developing regions of the global South and the former Soviet bloc; and the crisis that has gripped global capitalism since 2008. Presenting an interdisciplinary approach that corresponds with the emergence of international political economy as a distinct field of scholarship, this book will prove to be an invaluable resource for students and scholars of international political economy, politics, economics, international relations, development studies, human geography, critical sociology and business studies.

Leading experts analyze the impact of the rapid growth of offshore outsourcing in manufacturing and IT. For some it promises more rapid economic growth and for some developing countries it is an opportunity to leapfrog, while others are sidelined but it also means labour and governments may lose bargaining power vis-à-vis globally mobile capital.

The book provides a theoretically and historically informed analysis of the global economic crisis. It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against jumping too quickly from abstract concepts to a concrete understanding of the crisis. Instead, it uses what Marx described in his notebooks as an ‘obvious’ analytical ordering to progress from a general analysis of economy and society to a discussion of recent economic transformations and the specifics of the crisis and its aftermath.Dunn argues that appropriately reconceived, a critical Marxism can incorporate and enrich rather than rejecting insights from other traditions. He disputes general characterisations of capitalism to the crisis and theories which see finance and the contemporary financial crises as largely detached from other aspects of the economy and society. Providing a thoroughly socialised and historically based account, this book will be vital reading for students and scholars of political economy, international political economy, Marxism, sociology, geography and development studies.