Big Capital

"London is facing the worst housing crisis in modern times, with knock-on effects for the rest of the UK. Despite the desperate shortage of housing, tens, perhaps hundreds of thousands of affordable homes are being pulled down, replaced by luxury apartments aimed at foreign investors. In this ideological war, housing is no longer considered a public good. Instead, only market solutions are considered - and these respond to the needs of global capital, rather than the needs of ordinary people. In politically uncertain times, the housing crisis has become a key driver creating and fuelling the inequalities of a divided nation. Anna Minton cuts through the complexities, jargon and spin to give a clear-sighted account of how we got into this mess and how we can get out of it."--

Following the hidden lives of the global “1%”, this book examines the networks, social practices, marriages, and machinations of the elite in Pakistan. In doing so, it reveals the daily, even mundane, ways in which elites contribute to and shape the inequality that characterizes the modern world. Operating in a rapidly developing economic environment, the experience of Pakistan’s wealthiest and most powerful members contradicts widely held assumptions that economic growth is leading to increasingly impersonalized and globally standardized economic and political structures.

Inside the hidden lives of the global “1%”, this book examines the networks, social practices, marriages, and machinations of Pakistan’s elite. Benefitting from rare access and keen analytical insight, Rosita Armytage’s rich study reveals the daily, even mundane, ways in which elites contribute to and shape the inequality that characterizes the modern world. Operating in a rapidly developing economic environment, the experience of Pakistan’s wealthiest and most powerful members contradicts widely held assumptions that economic growth is leading to increasingly impersonalized and globally standardized economic and political structures.

In the critical decades following the First World War, the Canadian political landscape was shifting in ways that significantly recast the relationship between big business and government. As public pressures changed the priorities of Canada’s political parties, many of Canada’s most powerful businessmen struggled to come to terms with a changing world that was less sympathetic to their ideas and interests than before. Dominion of Capital offers a new account of relations between government and business in Canada during a period of transition between the established expectations of the National Policy and the uncertain future of the twentieth century. Don Nerbas tells this fascinating story through close portraits of influential business and political figures of this period – including Howard P. Robinson, Charles Dunning, Sir Edward Beatty, R.S. McLaughlin, and C.D. Howe – that provide insight into how events in different sectors of the economy and regions of the country shaped the political outlook and strategies of the country’s business elite. Drawing on business, political, social, and cultural history, Nerbas revises standard accounts of government-business relations in this period and sheds new light on the challenges facing big business in early twentieth-century Canada.

'We were talking about the rise of Japan, about Ronald Reagan's Star Wars ... globalisation, technology. And they were still banging on about the Freedom Charter.' – Anglo American's Michael Spicer on the ANC in the mid-1980s. In 1985, a group of white South African business leaders, led by Gavin Relly, the executive chairperson of Anglo American, travelled to a game lodge in Zambia to meet with the exiled ANC leadership under Oliver Tambo and Thabo Mbeki. This visit set in motion a coordinated and well-resourced plan by big business to influence and direct political change in South Africa. In The ANC Billionaires, top-selling author Pieter du Toit draws on first-hand accounts by major roleplayers about the contentious relationship between capital and the ANC before, during and after the country's transition to democracy, and shows how the liberation organisation was completely unprepared to navigate the intersection between business and politics. He also ties the rise of the new elite – including Cyril Ramaphosa, Patrice Motsepe and Saki Macozoma – to the ANC, a party of government and patronage.

The disintegration of Indonesia's New Order regime in 1998 and the fall of Soeharto put an end to the crude forms of centralised authoritarianism and economic protectionism that allowed large Chinese conglomerates to dom- inate Indonesia's private sector. Contrary to all expectations, most of the major capitalist groups, though damaged considerably by the Asian Crisis, managed to cope with the ensuing monumental political and economic changes, and now thrive again albeit within a new democratic environment. In this book Christian Chua assesses the state of capital before, during, and after the financial and political crisis of 1997/1998 and analyses the changing relationships between business and the state in Indonesia. Using a distinct perspective that combines cultural and structural approaches on Chinese big business with exclusive material derived from interviews with some of Indonesia’s major business leaders, Chua identifies the strategies employed by tycoons to adapt their corporations to the post-authoritarian regime and provides a unique insight into how state-business relationships in Indonesia have evolved since the crisis. Chinese Big Business in Indonesia is the first major analysis of capital in Indonesia since the fall of Soeharto, and will be of interest to graduate students and scholars of political economy, political sociology, economics and business administration as well as to practitioners having to do with Southeast Asian business and politics.

United States Trends in Income, Wealth, Consumption, and Well-Being analyzes economic trends, examines income inequality, and discusses what can be done to increase economic mobility today.

“The definitive history of an important but largely forgotten labor organization and its heroic struggles with an icon of industrial capitalism.” —Ahmed A. White, author of The Last Great Strike This rich history details the bitter, deep-rooted conflict between industrial behemoth International Harvester and the uniquely radical Farm Equipment Workers union. The Long Deep Grudge makes clear that class warfare has been, and remains, integral to the American experience, providing up-close-and-personal and long-view perspectives from both sides of the battle lines. International Harvester—and the McCormick family that largely controlled it—garnered a reputation for bare-knuckled union-busting in the 1880s, but in the twentieth century also pioneered sophisticated union-avoidance techniques that have since become standard corporate practice. On the other side the militant Farm Equipment Workers union, connected to the Communist Party, mounted a vociferous challenge to the cooperative ethos that came to define the American labor movement after World War II. This evocative account, stretching back to the nineteenth century and carried through to the present, reads like a novel. Biographical sketches of McCormick family members, union officials and rank-and-file workers are woven into the narrative, along with anarchists, jazz musicians, Wall Street financiers, civil rights crusaders, and mob lawyers. It touches on pivotal moments and movements as wide-ranging as the Haymarket “riot,” the Flint sit-down strikes, the Memorial Day Massacre, the McCarthy-era anti-communist purges, and America’s late twentieth-century industrial decline. “A capitalist family dynasty, a radical union, and a revolution in how and where work gets done—Toni Gilpin’s The Long Deep Grudge is a detailed chronicle of one of the most active battlefronts in our ever-evolving class war.” —John Sayles