Capitalism's Last Stand?

Deglobalization in the Age of Austerity

Capitalism's Last Stand?

'Walden Bello is the world's leading no-nonsense revolutionary.' - Naomi Klein, author of The Shock Doctrine In this eye-opening and often scathing book, Walden Bello provides a forensic dissection of contemporary capitalism's multiple crises. Trenchant but constructive, Bello's analysis of the collapse of the global real economy, covering such issues as the Wall Street meltdown, the disintegration of the Greek economy, and the rise of China, emphasizes the ever more pressing need to engage in a radical process of deglobalization towards a decentralized, pluralistic world system. Only then will we be able to construct a fairer and more equitable society. A stirring call to arms for all those interested in global economic justice.

Empire's Tracks

Indigenous Nations, Chinese Workers, and the Transcontinental Railroad

Empire's Tracks

Empire’s Tracks boldly reframes the history of the transcontinental railroad from the perspectives of the Cheyenne, Lakota, and Pawnee Native American tribes, and the Chinese migrants who toiled on its path. In this meticulously researched book, Manu Karuka situates the railroad within the violent global histories of colonialism and capitalism. Through an examination of legislative, military, and business records, Karuka deftly explains the imperial foundations of U.S. political economy. Tracing the shared paths of Indigenous and Asian American histories, this multisited interdisciplinary study connects military occupation to exclusionary border policies, a linked chain spanning the heart of U.S. imperialism. This highly original and beautifully wrought book unveils how the transcontinental railroad laid the tracks of the U.S. Empire.

Global Studies Directory

People, Organizations, Publications

Global Studies Directory

The Global Studies Directory identifies people and institutions who have been key in the field of Global Studies or made an impact on the formation of a global world.

Finance, Accumulation and Monetary Power

Understanding Financial Socialism in Advanced Capitalist Economies

Finance, Accumulation and Monetary Power

This accessible yet rigorous book examines the development of ‘financial socialism’ in advanced capitalist economies in the decade since the global financial crisis of 2007–2009. This new term refers to an attempt to resolve the accumulation crisis of capital through coordinated central bank activism, where state circuits of monetary capital assume a critical role in the reproduction of capitalist social relations. The book explains the dynamics of the crisis as it has developed and assesses the response of monetary elites to systemic financial risk in the global economy. Their failure to re-engineer growth following the technology boom of the late 1990s and the global financial crisis are driving fundamental changes in the form and function of capitalist money, which have yet to be theorized adequately. Finance, Accumulation and Monetary Power presents a revealing and radical critique of the failure of the International Political Economy to apprehend changes taking place within capitalism, employing a critical-theoretical analysis of contradictions in the capitalist reproduction scheme. The book will be of key interest to scholars, students and readers of international political economy, critical political economy, heterodox economics, globalization, international relations, international political sociology, business studies and finance.

Screening Economies

Money Matters and the Ethics of Representation

Screening Economies

The relationship between economy, finance and society has become opaque. Quantum leaps in complexity and scale have turned this deeply interdependent web of relations into an area of incomprehensible abstraction. And while the economization of life has come under widespread critique, inquiry into the political potential of representational praxis is more crucial than ever. This volume explores ethical, aesthetic and ideological dimensions of economic representation, redressing essential questions: What are the roles of mass and new media? How do the arts contribute to critical discourse on the global techno-economic complex? Collectively, the contributions bring theoretical debate and artistic intervention into a rich exchange that includes but also exceeds the conventions of academic scholarship.

Business and Capitalism

An Introduction to Business History

Business and Capitalism

A history of business with a tribute to businessmen.

Australia as US Client State

The Geopolitics of De-Democratisation and Insecurity

Australia as US Client State

This book explores Australia's role as a US client state and the subsequent consequences for Australian democracy. Examining whether neoliberal and neoconservative interests have hijacked democracy in Australia, Paul questions whether further de-democratisation will advance US economic and military interests.

Do We Know What We Are Doing? Reflections on Learning, Knowledge, Economics, Community and Sustainability

Do We Know What We Are Doing? Reflections on Learning, Knowledge, Economics, Community and Sustainability

The discourse of education for sustainability has been severely limited by the fact that it largely refuses to acknowledge important insights from other fields of learning and knowledge. This reluctance to engage with central insights regarding how the world and, more specifically, how human interactions with both the human and non-human world work, ensures that it has remained a largely self-centred discourse. It is tangled up with reflections on education without contextualising them in the...

Paper Dragons

China and the Next Crash

Paper Dragons

Emerging relatively unscathed from the banking crisis of 2008, China has been viewed as a model of both rampant success and fiscal stability. But beneath the surface lies a network of fissures that look likely to erupt into the next big financial crash. A bloated real-estate sector, roller-coaster stock market, and rapidly growing shadow-banking sector have all coalesced to create a perfect storm: one that is in danger of taking the rest of the world’s economy with it. Walden Bello traces our recent history of financial crises – from the bursting of Japan’s ‘bubble economy’ in 1990 to Wall Street in 2008 – taking in their political and human ramifications such as rising inequality and environmental degradation. He not only predicts that China might be the site of the next crash, but that under neoliberalism this will simply keep happening. The only way that we can stop this cycle, Bello argues, is through a fundamental change in the ways that we organise: a shift to cooperative enterprise, respectful of the environment, and which fractures the twin legacies of imperialism and capitalism. Insightful, erudite and passionate, Paper Dragons is a must-read for anyone wishing to prevent the next financial meltdown.

Truthful Report on the Last Chances to Save Capitalism in Italy

Truthful Report on the Last Chances to Save Capitalism in Italy

A translation of an infamous prank played at the expense of Italy's ruling class in 1975. Signed by "Censor," this book was actually written by Gianfranco Sanguinetti, a former member of the Situationist International.