The Evil Axis Of Finance

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The Evil Axis of Finance

Author : Richard Westra
Publisher : SCB Distributors
ISBN 13 : 0985271094
Total Pages : 244 pages
Book Rating : 4.9/5 (852 download)

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Book Synopsis The Evil Axis of Finance by : Richard Westra

Download or read book The Evil Axis of Finance written by Richard Westra and published by SCB Distributors. This book was released on 2012-02-20 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why, despite the existence of raft of potential international investment outlets, is a major share of global wealth and savings mpelled toward a United States (US) Wall Street centered casino ? Why has an increasingly gapping chasm crystallized between ever bloating global financial activities and the �real” world economy of production and trade? How is it that wealthy governments�injecting trillions of dollars into stumbling financial sectors across the globe is failing to create new decent jobs? The present volume clearly answers these questions and more as it connects the dots linking the 2008 meltdown and over a decade of dress rehearsals for it to a rigged global financial game that cemented US international dominance under conditions where the US simultaneously attained the status of world�s principal debtor economy. It traces out the complicity of Japan in the game beholden as it was to US anti-communist largesse for its meteoric post-war rise. It examines how China, the former communist Cold War nemesis, paradoxically became the next major underwriter of US debt and exporter of global deflation as is sets low wage rates for the world. The present volume clearly answers these questions and more as it connects the dots linking the 2008 meltdown and over a decade of dress rehearsals for it to a rigged global financial game that cemented US international dominance under conditions where the US simultaneously attained the status of world�s principal debtor economy. It traces out the complicity of Japan in the game beholden as it was to US anti-communist largesse for its meteoric post-war rise. It examines how China, the former communist Cold War nemesis, paradoxically became the next major underwriter of US debt and exporter of global deflation as is sets low wage rates for the world.

Unleashing Usury

Author : Richard Westra
Publisher : SCB Distributors
ISBN 13 : 0997287004
Total Pages : 238 pages
Book Rating : 4.9/5 (972 download)

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Book Synopsis Unleashing Usury by : Richard Westra

Download or read book Unleashing Usury written by Richard Westra and published by SCB Distributors. This book was released on 2016-04-03 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Usury laid medieval society to waste. Western civilization was saved by the rise of capitalism, which tamed the activities of money lending, and endowed them with socially redeeming value, tethering finance to expanding production of material goods and increased social wealth. Now, as the 21st century begins, bloating tides of money with no possibility of ever being converted into real capital wash over the world. Finance again has turned to its dark side, using money to make money with no socially redeeming purpose. Such is the endgame of economies managed by capitalists without capitalism. As Marx foresaw, capitalist society, like all others, is destined to be outpaced by history as the conditions of its existence decompose and become a drag on the human future. Either we will succeed in bringing about new politico-economic structures—or civilization will collapse into barbarism, just as usury broke it down in the past.

Weber, Schumpeter and Modern Capitalism

Author : John Love
Publisher : Routledge
ISBN 13 : 1315278391
Total Pages : 265 pages
Book Rating : 4.3/5 (152 download)

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Book Synopsis Weber, Schumpeter and Modern Capitalism by : John Love

Download or read book Weber, Schumpeter and Modern Capitalism written by John Love and published by Routledge. This book was released on 2017-07-20 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the groundwork for a general theory of modern capitalism by reinterpreting Max Weber’s work on the origins and institutional underpinnings of modern capitalism, and Joseph Schumpeter’s thought on the mechanisms and functioning of the capitalist economy. Focusing on the lesser-known works of both figures, particularly in the case of Weber, whose writings on economics and economic history are frequently overlooked, the author contends that a combination of Schumpeter’s and Weber’s theoretical schemas, incorporating their many valuable insights, provides the basis of a unified, overall theory of modern capitalism that is comprehensive, coherent and persuasive. With attention to the important theoretical connections between Weber and Schumpeter and the respective contributions of both with regard to the nature and workings of capitalism, the author explores the compatibility of the two approaches, arguing that the full significance of the contributions of the two writers has not been adequately appreciated. A systematic and sympathetic comparison and synthesis of the contributions of two of the central figures in social and economic theory, which highlights the enduring relevance of their work in times of political and economic crisis, Weber, Schumpeter and Modern Capitalism will appeal to scholars across the social sciences with interests in social and economic theory, classical sociology and economic history.

The US Economy and Neoliberalism

Author : Nikolaos Karagiannis
Publisher : Routledge
ISBN 13 : 1135097607
Total Pages : 246 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis The US Economy and Neoliberalism by : Nikolaos Karagiannis

Download or read book The US Economy and Neoliberalism written by Nikolaos Karagiannis and published by Routledge. This book was released on 2013-03-12 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent times, policy makers, scientists, academics and commentators have become increasingly nervous about the US economic downturn. Discussions have centred around the range and magnitude of the country’s socio-economic problems, its vexing production decline and its unsatisfactory macroeconomic performance, which give rise to the following questions: what are the sources of this recent downfall? And can this situation be reversed by pursuing the same orthodox and neoliberal policies? This new edited volume, from a top international set of contributors, seeks to answer these questions and to offer alternative, realistic and feasible strategies and policy recommendations towards reversing this situation. In particular, the volume seeks to challenge US neoliberalism on theoretical and political grounds, and to offer alternative strategies and policies towards addressing the country’s recent challenges and multi-dimensional problems. The volume is structured around three main themes: The return of government: Philosophical issues and ethics Economic policies for sustainable growth and prosperity Financial fragility and alternative monetary policy proposals This unique and highly topical, multidisciplinary volume, will be of great interest to students and researchers in the areas of economics, political economy and contemporary US politics.

The Future of Capitalism After the Financial Crisis

Author : Richard Westra
Publisher : Routledge
ISBN 13 : 1317935543
Total Pages : 256 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis The Future of Capitalism After the Financial Crisis by : Richard Westra

Download or read book The Future of Capitalism After the Financial Crisis written by Richard Westra and published by Routledge. This book was released on 2014-12-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Future of Capitalism After the Financial Crisis: The Varieties of Capitalism Debate in the Age of Austerity contains thirteen world leading political economists writing from within eight different countries who critically analyze the current crisis tendencies of capitalism both globally and in particular countries. Given the likelihood of an increasingly crisis prone future for capitalism, it is important not only to rethink capitalism in its current manifestations or varieties. It is also important to rethink research methods and conceptual frameworks in preparation for understanding an increasingly rocky future in which capitalism itself could go the way of the many species that in the past were endangered only to become extinct. More and more titles of books and articles are suggesting that capitalism or perhaps civilization itself is endangered if we do not make radical changes in the near future. This book breaks with academic path dependency and attempts to open new vistas of political economy and of multidisciplinary analysis that are crucially important if our thought processes are to be effective in a world in jeopardy. The varieties of capitalism (VoC) debate itself came into being as the Soviet Union unraveled. It drew in scholarship from a cross-section of Marxian and heterodox political economy. The key argument of VoC was that if capitalism was the only global option then those on the Left must get involved in policy discussions on how capitalist economies can be fashioned to become competitive as well as progressive. However, the financial crisis has seen policy across the advanced economies veer toward competitiveness coupled with austerity. The lesson for the Left is that alternatives to capitalism must be sought in the here and now.

The Social Ontology of Capitalism

Author : Daniel Krier
Publisher : Springer
ISBN 13 : 1137599529
Total Pages : 311 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis The Social Ontology of Capitalism by : Daniel Krier

Download or read book The Social Ontology of Capitalism written by Daniel Krier and published by Springer. This book was released on 2016-11-25 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses core questions about the nature and structure of contemporary capitalism and the social dynamics and countervailing forces that shape modern life. From a robust and self-consciously sociological framework, it analyzes and interrogates such issues as the nature of the social, the power of the sacred, the nature of authority, the problem of representation, reification, alienation, utopia, and collective resistance. Historical materialism reveals that the scope of productive functions is broader than the crude realism of economism. Marx’s critical theory of the commodity and his analysis of the capitalist regime of accumulation remain as vital as ever and serve as a guiding light for the continued exploration of the philosophical underpinnings of critical inquiry and praxis.

Exit from Globalization

Author : Richard Westra
Publisher : Routledge
ISBN 13 : 1317574168
Total Pages : 224 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Exit from Globalization by : Richard Westra

Download or read book Exit from Globalization written by Richard Westra and published by Routledge. This book was released on 2014-10-24 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exit from Globalization moves from theory to practice: from questions of where incorrigible knowledge of substantive economic life derives and how that knowledge is put towards making a progressive, redistributive, eco-sustainable future of human flourishing. Westra discards at the outset views that the root of current economic ills is the old devil we know, capitalism. Rather, he maintains the neoliberal decades spawned a "Merchant of Venice" economic excrescence bent upon expropriation and rent seeking which will scrape all the flesh from the bones of humanity if not stopped dead in its tracks. En route to providing a viable design for the human future in line with transformatory demands of socialists and Greens, Westra exorcizes both Soviet demons and ghosts of neoliberal ideologues past which lent support to the position that there is no alternative to "the market". Exit from Globalization shows in a clear and compelling fashion that while debates over the possibility of another, potentially socialist, world swirl around this or that grand society-wide scheme, the fact is that creative future directed thinking has at its disposal several economic principles that transformatory actors may choose from and combine in various ways to remake human economic life. The book concludes with an examination of the various social constituencies currently supporting radical change and explores the narrowing pathways to bring change about.

A Japanese Approach to Stages of Capitalist Development

Author : Robert Albritton
Publisher : Springer Nature
ISBN 13 : 3030990370
Total Pages : 406 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis A Japanese Approach to Stages of Capitalist Development by : Robert Albritton

Download or read book A Japanese Approach to Stages of Capitalist Development written by Robert Albritton and published by Springer Nature. This book was released on 2022-06-30 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a novel treatment of one of the most important and long-standing research agendas in critical political economy: the theorizing of stages of capitalist development. Albritton advances the work of Japanese economist, Kozo Uno, to explore capital accumulation and its ideological, legal and political supports, not only in the stages of mercantilism, liberalism and imperialism, but also in the post-World War II capitalist stage of consumerism. The power of Albritton’s adoption of this Japanese approach resides in the crisp clarity it achieves over the way stage theorizing of capitalism draws on both economic theory and historical analysis. In the new, fully revised edition, written with Richard Westra, two new chapters are added. One meticulously examines the tendencies of capitalism euphemized as globalization and financialization which followed the crisis of the stage of consumerism. The other deals with current threats to civilization posed by burgeoning militarism, environmental destruction and climate apocalypse. The concluding chapter argues for the necessity of major social change to ensure a liveable future for humanity. The book will be of interest to researchers and students of political economy and the history of economic thought, as well as a wider audience interested in the transformation and crises of capitalism.

Globalization and Capitalist Geopolitics

Author : Daniel Woodley
Publisher : Routledge
ISBN 13 : 1317755715
Total Pages : 516 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Globalization and Capitalist Geopolitics by : Daniel Woodley

Download or read book Globalization and Capitalist Geopolitics written by Daniel Woodley and published by Routledge. This book was released on 2017-11-27 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and Capitalist Geopolitics is concerned with the nature of corporate power against the backdrop of the decline of the West and the struggle by non-western states to challenge and overcome domination of the rest of the world by the West. This book argues that although the US continues to preside over a quasi-imperial system of power based on global military preponderance and financial statecraft, and remains reluctant to recognize the realities global economic convergence, the age of imperial state hegemony is giving way to a new international order characterized by capitalist sovereignty and competition between regional and transnational concentrations of economic power. This title seeks to interrogate the structure of world order by examining leading approaches to globalization and political economy in international relations and international political economy. Breaking with the classical school, Woodley argues that geopolitics should be understood as a transnational strategic practice employed by powerful state actors, which mirrors predatory corporate rivalry for control over global resources and markets, reproducing the structural conditions for corporate power through the transnational state form of capital. In a period of increasing geopolitical insecurity and economic instability this title provides an authoritative yet accessible commentary on debates on capitalism and globalization in the wake of the financial crisis. It is valuable resource for students and scholars seeking to develop a deeper understanding of the historical determinants of the changing dynamics of neoliberal capitalism and their implications for world order.

The Political Economy of Post-Capitalism

Author : Richard Westra
Publisher : Taylor & Francis
ISBN 13 : 1040104304
Total Pages : 158 pages
Book Rating : 4.0/5 (41 download)

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Book Synopsis The Political Economy of Post-Capitalism by : Richard Westra

Download or read book The Political Economy of Post-Capitalism written by Richard Westra and published by Taylor & Francis. This book was released on 2024-08-02 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Westra explores a nuanced literature on post-capitalism which claims that instead of constituting the end of history or ending in its supplanting by socialism, capitalism has transmuted into something else. Foci of this literature ranges from questions of financial system and technological change through evidence of shifting class contours metastasizing a more predatory constellation. In exposing the dire consequences for humanity of capitalist unravelling, Westra remedies the lacunae of current writings which leave fundamental questions of what precisely capitalism is or was and the historical delimitations of capitalism unanswered. He not only critically analyzes the arguments over capitalisms passing under key rubrics of financialization, globalization, intangible assets and social class, but grounds determinations over the existence of capitalism in a novel synthetic definition of it drawn from Marx. While capitalism has always been an exploitative, asymmetric wealth distributive, alienating, class divisive, crises ridden society, Westra explains how current economic transmutations undermine what coherence capitalism had historically maintained. This book, written in a clear and compelling fashion, is a clarion call for social change. It will be of interest to academics and students across fields of economics, political economy, economic history, political science and sociology as well as to progressive policymakers and social activists.

Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond

Author :
Publisher : BRILL
ISBN 13 : 9004357041
Total Pages : 412 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond by :

Download or read book Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond written by and published by BRILL. This book was released on 2018-01-03 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond is a collection that begins with economist Thomas Piketty’s 2014 book. Most chapters critique Piketty from the perspective of critical theory, global political economy or public sociology, drawing on the work of Karl Marx or the Marxist tradition. The emphasis focuses on elements that are under-theorized or omitted entirely from the economists’ analysis. This includes the importance of considering class and labor dynamics, the recent rise of finance capitalism, insights from feminism, demography, and conflict studies, the Frankfurt School, the world market and the world-system, the rise of a transnational capitalist class, the coming environmental catastrophe, etc. Our goal is to fully understand and suggest action to address today’s capitalist inequality crisis. Contributors are: Robert J. Antonio, J.I. (Hans) Bakker, Roslyn Wallach Bologh, Alessandro Bonanno, Christopher Chase-Dunn, Harry F. Dahms, Eoin Flaherty, Daniel Krier, Basak Kus, Lauren Langman, Dana Marie Louie, Peter Marcuse, Sandor Nagy, Charles Reitz, William I. Robinson, Saskia Sassen, David A. Smith, David N. Smith, Tony Smith, Michael Thompson, Sylvia Walby, Erik Olin Wright.

Global Governance and Transnationalizing Capitalist Hegemony

Author : Ian Taylor
Publisher : Routledge
ISBN 13 : 1315414031
Total Pages : 266 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Global Governance and Transnationalizing Capitalist Hegemony by : Ian Taylor

Download or read book Global Governance and Transnationalizing Capitalist Hegemony written by Ian Taylor and published by Routledge. This book was released on 2016-11-25 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a critique of claims regarding how emerging economies are supposedly rewriting the rules of global governance and ushering in alternative models to neoliberal orthodoxy. It argues that such assumptions are abstractions that ignore both the transnationalizing nature of the global political economy and the actual policy goals of the ruling classes within most emerging economies. Considering the larger issues behind the emerging economies (or powers) debate, the book deploys an adapted global capitalism perspective with insights from Gramsci, Poulantzas and Cox, to argue that the transnational nature of the global political economy and the actual policy goals of the dominant elites within most emerging economies merge to undermine any transformative element. Far from challenging the global order, these ostensible new rivals in fact seek to integrate their economies more and more within the existing liberal global economy. Inter-state dynamics and even inter-elite tensions exist and it is clear that the nation state has not simply become a transmission belt for global capital, but equally we must move beyond the surface phenomena that are most visible in global tensions to get at the underlying essence of social and class forces in the global political economy. Looking at the largest emerging powers, such as Brazil, Russia, India and China, Taylor explains why the emerging powers’ elites, although essentially subscribing to neoliberalism (in all its variegated forms) may confront the core in a myriad of ways, but that these are not challenges to the ongoing world order and, in fact, the so-called emerging powers serve a legitimizing function for the extant global system. The book will be of great use to graduates and scholars of International Relations, Global/International Political Economy and International Development.

The Oxford Handbook of Karl Marx

Author : Matt Vidal
Publisher : Oxford University Press
ISBN 13 : 0190695579
Total Pages : 752 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis The Oxford Handbook of Karl Marx by : Matt Vidal

Download or read book The Oxford Handbook of Karl Marx written by Matt Vidal and published by Oxford University Press. This book was released on 2019-03-26 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx is one of the most influential writers in history. Despite repeated obituaries proclaiming the death of Marxism, in the 21st century Marx's ideas and theories continue to guide vibrant research traditions in sociology, economics, political science, philosophy, history, anthropology, management, economic geography, ecology, literary criticism, and media studies. Due to the exceptionally wide influence and reach of Marxist theory, including over 150 years of historical debates and traditions within Marxism, finding a point of entry can be daunting. The Oxford Handbook of Karl Marx provides an entry point for those new to Marxism. At the same time, its chapters, written by leading Marxist scholars, advance Marxist theory and research. Its coverage is more comprehensive than previous volumes on Marx in terms of both foundational concepts and state-of-the-art empirical research on contemporary social problems. It is also provides equal space to sociologists, economists, and political scientists, with substantial contributions from philosophers, historians, and geographers. The Oxford Handbook of Karl Marx consists of six sections. The first section, Foundations, includes chapters that cover the foundational concepts and theories that constitute the core of Marx's theories of history, society, and political economy. This section demonstrates that the core elements of Marx's political economy of capitalism continue to be defended, elaborated, and applied to empirical social science and covers historical materialism, class, capital, labor, value, crisis, ideology, and alienation. Additional sections include Labor, Class, and Social Divisions; Capitalist States and Spaces; Accumulation, Crisis, and Class Struggle in the Core Countries; Accumulation, Crisis, and Class Struggle in the Peripheral and Semi-Peripheral Countries; and Alternatives to Capitalism.

Periodizing Capitalism and Capitalist Extinction

Author : Richard Westra
Publisher : Springer
ISBN 13 : 3030143902
Total Pages : 270 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Periodizing Capitalism and Capitalist Extinction by : Richard Westra

Download or read book Periodizing Capitalism and Capitalist Extinction written by Richard Westra and published by Springer. This book was released on 2019-05-15 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Unleashing Usury

Author : Richard Westra
Publisher : Clarity Press
ISBN 13 : 9780986085338
Total Pages : 0 pages
Book Rating : 4.0/5 (853 download)

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Book Synopsis Unleashing Usury by : Richard Westra

Download or read book Unleashing Usury written by Richard Westra and published by Clarity Press. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Acknowledgements -- Preface -- It's not just the inequality stupid! -- Shylock unchained -- Shylock chained -- Troubles in capitalist paradise -- Merchants of Venice on Wall Street -- The final "pound of flesh

The Political Economy of Emerging Markets

Author : Richard Westra
Publisher : Taylor & Francis
ISBN 13 : 1317309197
Total Pages : 239 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis The Political Economy of Emerging Markets by : Richard Westra

Download or read book The Political Economy of Emerging Markets written by Richard Westra and published by Taylor & Francis. This book was released on 2017-03-16 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in international economics discourse of the designation "emerging markets" is symptomatic of that interest. The Political Economy of Emerging Markets situates the BRICS phenomena in the global economic context of advanced economies continuing to languish in recession and hovering over a deflationary abyss several years after the meltdown. A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomenon is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by ten leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it. This book is of great importance to those who study political economy, development economics and international political economy.

Beyond Liberal Egalitarianism

Author : Tony Smith
Publisher : BRILL
ISBN 13 : 9004352295
Total Pages : 389 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Beyond Liberal Egalitarianism by : Tony Smith

Download or read book Beyond Liberal Egalitarianism written by Tony Smith and published by BRILL. This book was released on 2017-09-18 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Progressive theorists and activists insist that contemporary capitalism is deeply flawed from a normative point of view. However, most accept the liberal egalitarian thesis that the serious shortcomings of market societies (financial excess, inequality, and so on) could be overcome with proper political regulation. Building on Marx's legacy, Tony Smith argues in Beyond Liberal Egalitarianism that advocates of this thesis (Rawls, Habermas, Stiglitz, et al.) lack an adequate concept of capital and the state. These theorists also fail to comprehend new developments in world history ensuring that the 'destructive' aspects of capitalism increasingly outweigh whatever 'creative' elements it might continue to possess. Smith concludes that a normative social theory adequate to the twenty-first century must explicitly and unequivocally embrace socialism.