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After 1989, capitalism has successfully presented itself as the only realistic political-economic system - a situation that the bank crisis of 2008, far from ending, actually compounded. The book analyses the development and principal features of this capitalist realism as a lived ideological framework. Using examples from politics, films, fiction, work and education, it argues that capitalist realism colours all areas of contemporary experience. But it will also show that, because of a number of inconsistencies and glitches internal to the capitalist reality program capitalism in fact is anything but realistic.

Drawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security. The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl’s model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book’s findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.

Capitalist Blues Leyla McCalla - LP 3149027005678

Fourteen provocative papers on the oppression of women in capitalist countries, along with three articles on the subordinate position of women in two communist countries, Cuba and China. These important, often path-breaking articles are arranged in five basic sections, the titles of which indicate the broad range of issues being considered: Introduction; motherhood, reproduction, and male supremacy; socialist feminist historical analysis; patriarchy in revolutionary society; socialist feminism in the United States. The underlying thrust of the book is toward integrating the central ideas of radical feminist thought with those pivotal for Marxist or socialist class analysis.

It is a commonplace claim of Western political discourse that capitalist development and democracy go hand in hand. Cross-national statistical research on political democracy supports this claim. By contrast, comparative historical studies carried out within a political economy approach argue that economic development was and is compatible with multiple political forms.The authors offer a fresh and persuasive resolution to the controversy arising out of these contrasting traditions. Focusing on advanced industrial countries, Latin America, and the Caribbean, they find that the rise and persistence of democracy cannot be explained either by an overall structural correspondence between capitalism and democracy or by the role of the bourgeoisie as the agent of democratic reform. Rather, capitalist development is associated with democracy because it transforms the class structure, enlarging the working and middle classes, facilitating their self-organization, and thus making it more difficult for elites to exclude them. Simultaneously, development weakens the landed upper class, democracy's most consistent opponent.The relationship of capitalist development to democracy, however, is not mechanical. As the authors show, it depends on a complex interplay of three clusters of power: the balance of power among social classes, power relations between the state and society, and transnational structures of economic and political power. Looking to the future, the book concludes with some reflections on current prospects for the development of stable democracy in Latin America and Eastern Europe.

Here, Richard Lachmann offers a new answer to an old question: Why did capitalism develop in some parts of early modern Europe but not in others? Finding neither a single cause nor an essentialist unfolding of a state or capitalist system, Lachmann describes the highly contingent development of various polities and economies. He identifies, in particular, conflict among feudal elites--landlords, clerics, kings, and officeholders--as the dynamic which perpetuated manorial economies in some places while propelling elites elsewhere to transform the basis of their control over land and labor. Comparing regions and cities within and across England, France, Italy, Spain, and the Netherlands from the twelfth through eighteenth centuries, Lachmann breaks new ground by showing step by step how the new social relations and political institutions of early modern Europe developed. He demonstrates in detail how feudal elites were pushed toward capitalism as they sought to protect their privileges from rivals in the aftermath of the Reformation. Capitalists in Spite of Themselves is a compelling narrative of how elites and other classes made and responded to political and religious revolutions while gradually creating the nation-states and capitalist markets which still constrain our behavior and order our world. It will prove invaluable for anyone wishing to understanding the economic and social history of early modern Europe. Capitalists in Spite of Themselves was the winner of the 2003 Distinguished Scholarly Publication Award of the American Sociology Association.

Why do cities, regions and nations experience periods of pronounced growth and decline? Why have the world's centres of economic activity been continually reshuffled as the industrial revolution has spread to new parts of the globe? This book demonstrates that under capitalism, the process central to growth is geographical industrialization, and that the creation and use of territory is fundamental to economic development. In doing so, they make new contributions to the study of growth theory, industrial economics, technological change, industrial organization, labour market, urban and regional development, and theoretical human geography. Beginning with the economics of disequilibrium growth, the authors reveal the technological, organizational and political foundations of industrialization, and conclude by showing that the territorial forms that industry takes are central to the shape and survival of capitalism itself.

Drawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security. The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl’s model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book’s findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.

Leland Faust unmasks Wall Street’s unsavory tactics in powerful detail by giving readers a high-level view of how the financial services industry misleads them, overcharges them, and exposes them to needless risk. He documents the financial industry’s alluring come-ons, airbrushed risks, high-stakes gambling, half-truths, misleading statements, outlandish predictions, tricks to overcharge customers, bad deals, and outright fraud by the most prominent and renowned of Wall Street’s players.A Capitalist’s Lament is about what happens when financial firms and their employees forget whose interest they are supposed to protect. It shows how making foolish or wrong predictions is of no consequence to those who make them and how Wall Street luminaries with poor track records still garner celebrity status. Most of all, it spotlights how Wall Street manipulates the system and furthers its own interests at its customers’ expense and puts us all at great risk. Here is what you need to know to protect yourself from business as usual” and get ahead—instead of getting taken.

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The unification of North and South Korea is widely considered an unresolved and volatile matter for the global order, but this book argues capital has already unified Korea in a transnational form. As Hyun Ok Park demonstrates, rather than territorial integration and family union, the capitalist unconscious drives the current unification, imagining the capitalist integration of the Korean peninsula and the Korean diaspora as a new democratic moment.Based on extensive archival and ethnographic research in South Korea and China, The Capitalist Unconscious shows how the hegemonic democratic politics of the post-Cold War era (reparation, peace, and human rights) have consigned the rights of migrant laborers―protagonists of transnational Korea―to identity politics, constitutionalism, and cosmopolitanism. Park reveals the riveting capitalist logic of these politics, which underpins legal and policy debates, social activism, and media spectacle. While rethinking the historical trajectory of Cold War industrialism and its subsequent liberal path, this book also probes memories of such key events as the North Korean and Chinese revolutions, which are integral to migrants' reckoning with capitalist allures and communal possibilities. Casting capitalist democracy within an innovative framework of historical repetition, Park elucidates the form and content of the capitalist unconscious at different historical moments and dissolves the modern opposition among socialism, democracy, and dictatorship. The Capitalist Unconscious astutely explores the neoliberal present's past and introduces a compelling approach to the question of history and contemporaneity.

Here, Richard Lachmann offers a new answer to an old question: Why did capitalism develop in some parts of early modern Europe but not in others? Finding neither a single cause nor an essentialist unfolding of a state or capitalist system, Lachmann describes the highly contingent development of various polities and economies. He identifies, in particular, conflict among feudal elites--landlords, clerics, kings, and officeholders--as the dynamic which perpetuated manorial economies in some places while propelling elites elsewhere to transform the basis of their control over land and labor. Comparing regions and cities within and across England, France, Italy, Spain, and the Netherlands from the twelfth through eighteenth centuries, Lachmann breaks new ground by showing step by step how the new social relations and political institutions of early modern Europe developed. He demonstrates in detail how feudal elites were pushed toward capitalism as they sought to protect their privileges from rivals in the aftermath of the Reformation. Capitalists in Spite of Themselves is a compelling narrative of how elites and other classes made and responded to political and religious revolutions while gradually creating the nation-states and capitalist markets which still constrain our behavior and order our world. It will prove invaluable for anyone wishing to understanding the economic and social history of early modern Europe. Capitalists in Spite of Themselves was the winner of the 2003 Distinguished Scholarly Publication Award of the American Sociology Association.

Pigs are everywhere in United States history. They cleared frontiers and built cities (notably Cincinnati, once known as Porkopolis), served as an early form of welfare, and were at the center of two nineteenth-century “pig wars.” American pork fed the hemisphere; lard literally greased the wheels of capitalism.J. L. Anderson has written an ambitious history of pigs and pig products from the Columbian exchange to the present, emphasizing critical stories of production, consumption, and waste in American history. He examines different cultural assumptions about pigs to provide a window into the nation’s regional, racial, and class fault lines, and maps where pigs are (and are not) to reveal a deep history of the American landscape. A contribution to American history, food studies, agricultural history, and animal studies, Capitalist Pigs is an accessible, deeply researched, and often surprising portrait of one of the planet’s most consequential interspecies relationships.

This case study examines the impact of casino gaming on Native American reservations, and also explores why the idea of "rich Indians" and their participation in corporate America disrupts dominant assumptions and attitudes about indigenous peoples, their cultural authenticity, and their place in mainstream urban society. Taking an anthropological approach to studying gaming on Indian reservations, the case study explores the implications and challenges of historically marginalized peoples now participating in a corporate entertainment industry. The study raises broader questions about the nature of capitalism and the enduring stability of predominant cultural constructs about Indians that have dominated the country's political and economic arenas. By linking gaming with tourism, what is occurring within the United States is comparatively discussed with similar developments in Canada, Australia, and Mexico where native peoples are increasingly demanding greater rights to participate in the formal institutions and governments of modern western societies. Using extensive interviews with tribal elders, employees of reservation casinos, Las Vegas casino operators, and a broad spectrum of the California public, the book will serve to: 1. Introduce readers to the legal, political, economic and cultural tensions surrounding casino operations on Native American reservations. 2. Explore why gaming has become such a politically and emotionally charged issue. 3. Emphasize how these tensions existing between Indian and non-Indian communities are representative of wider cultural conflicts and identity politics increasingly confronting many countries.

The Capitalist Manifesto defends capitalism as the world's most moral and practical social system. This book is written for the rational mind, whether the reader is a professional intellectual or an intelligent layman. It makes the case for individual rights and freedom in terms intelligible to all rational men.

Higher education news today can more or less be boiled down to one sentence: the university is in crisis. Skyrocketing student debt, decreased public financing, the weakening of tenure, the rise of adjunct labor, battles over the value of the humanities, calls for skills focused instruction—all the problems besetting contemporary higher education in the United States are interrelated, and they can all be traced to one fact: campuses and classrooms are now battlegrounds in the struggle between knowledge for its own sake and commodified learning.             Henry Heller offers here a magisterial account of the modern university that shows exactly how we’ve reached this point. Taking readers from the early Cold War—when support for universities was support for capitalism—through the countless social, political, and educational changes of the ensuing decades, Heller reveals how American educational institutions have been forced to decide between teaching students to question the dominant order and helping to perpetuate it. And they’ve had to do so knowing that all the pressure politics and finance was pushing for the latter.             Heller covers such key moments as McCarthyism and the Berkeley Free Speech Movement, as well as contemporary struggles including the attempts at unionization of post-doctorals, the National Adjuncts Walkout Day in 2015, the protests in Missouri related to race, workplace benefits, and leadership, and the firing of Steven Salaita for his pro-Palestinian tweets, which sparked a huge controversy around free speech and academic freedom. The Capitalist University is a thoroughly grounded radical history of an institution whose influence and importance—and failures—reach deep into American political and social life.  

Kelso, Louis O., Adler, Mortimer J.

The unification of North and South Korea is widely considered an unresolved and volatile matter for the global order, but this book argues capital has already unified Korea in a transnational form. As Hyun Ok Park demonstrates, rather than territorial integration and family union, the capitalist unconscious drives the current unification, imagining the capitalist integration of the Korean peninsula and the Korean diaspora as a new democratic moment.Based on extensive archival and ethnographic research in South Korea and China, The Capitalist Unconscious shows how the hegemonic democratic politics of the post-Cold War era (reparation, peace, and human rights) have consigned the rights of migrant laborers―protagonists of transnational Korea―to identity politics, constitutionalism, and cosmopolitanism. Park reveals the riveting capitalist logic of these politics, which underpins legal and policy debates, social activism, and media spectacle. While rethinking the historical trajectory of Cold War industrialism and its subsequent liberal path, this book also probes memories of such key events as the North Korean and Chinese revolutions, which are integral to migrants' reckoning with capitalist allures and communal possibilities. Casting capitalist democracy within an innovative framework of historical repetition, Park elucidates the form and content of the capitalist unconscious at different historical moments and dissolves the modern opposition among socialism, democracy, and dictatorship. The Capitalist Unconscious astutely explores the neoliberal present's past and introduces a compelling approach to the question of history and contemporaneity.

In The Capitalist World-Economy Immanuel Wallerstein focuses on the two central conflicts of capitalism, bourgeois versus proletarian and core versus periphery, in an attempt to describe both the cyclical rhythms and the secular transformations of capitalism, conceived as a singular world-system. The essays include discussions of the relationship of class and ethnonational consciousness, clarification of the meaning of transition from feudalism to capitalism, the utility of the concept of the semi peripheral state, and the relationship of socialist states to the capitalist world-economy. This book is the first in a three volume collection of Wallerstein's essays. The Politics of World-Economy (1984) elaborates on the role of states, the antisystemic movements and the civilizational project. Geopolitics and Geoculture (1991) analyses both the events leading up to the collapse of the Iron Curtain, and the subsequent process of perestroika in the light of Wallerstein's own interpretations, and the ways in which the renewed concern with culture is a product of the changing world-system.