Cultural Contradictions Of Global Capitalism

With a new afterword by the author, this classic analysis of Western liberal capitalist society contends that capitalism—and the culture it creates—harbors the seeds of its own downfall by creating a need among successful people for personal gratification—a need that corrodes the work ethic that led to their success in the first place. With the end of the Cold War and the emergence of a new world order, this provocative manifesto is more relevant than ever.

Why do some U.S. cities like Seattle and Boston impose social exactions and sustainability targets on private investment while others like Las Vegas and Houston offer property tax and fee remissions to business, tolerate environmentally hazardous activities such as oil drilling, and express skepticism even about recycling mandates? The behavior of the former cities appears especially puzzling in view of globalization processes that seemingly offer many more options to mobile capital and expose cities’ vulnerability to private investment decisions. Cultural Contradictions examines the paradoxical finding that some U.S. cities can impose burdensome regulations and extract social and environmental contributions from the private sector despite an apparently weak bargaining position. It usescultural change and the growth of non-traditional subcultures to explain why cities adopt these progressive policies. Responding to the urban policy literature’s tendency to prioritize economic considerations over other kinds of causal factors, the book demonstrates the joint impact of culture and economics in encouraging policy outcomes which emphasize social justice, human rights, and environmental sustainability in large U.S. cities. The book makes several specific contributions to urban literature. First, it argues that cities in which nontraditional cultural beliefs and practices thrive and which are strongly linked to dynamic economic sectors such as information services, professional, scientific and technical services, financial services, and education and health care services are especially likely to adopt progressive policies. It establishes this claim using both statistical analysis of large-N city samples and a closer investigation of four case studies. Second, it reveals how progressive policies are a plausible response to psychological concerns associated with unconventional ways of life and the nature of postindustrial society. Finally, the book indicates how these new ways of life and postindustrial economic sectors grow in mutually reinforcing ways in order to make these policies acceptable to local economic elites and therefore favorable to the city’s future development.

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.

Radical politics have been defined in modern times -- and distinguished from earlier traditions of protest -- by the idea that economic, social and political structures are contradictory. Systems of exploitation creates not only wealth and prosperity for the powerful, but at the same time bring into being the forces which ensure their own eventual downfall. But it is a large step from the general assertion that social forms contain their own contradictions to analysis of the specific contradictions which occur in a given historical context, their interaction and movement, and their possible historical outcomes.This collection of essays examines social contradictions in the age of globalization in which old antagonisms often appear to be overcome, and new cracks are emerging in the facade of capitalist progress. Where do they occur? Where can they be expected to appear in future? How can they be grasped in a spirit of sober radicalism, which neither accepts the limits of the present nor overcomes them through wishful thinking alone? What possibilities do they offer for mobilizing resistance? These issues define an agenda which is critical for socialism in our time.

"David Harvey examines the internal contradictions within the flow of capital that have precipitated recent crises. While the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe"--