Obsolescent Capitalism

A political autobiography from one of the 21st century's most prominent radical intellectuals, this title provides unique insights into how radical movements have evolved in response to global capitalism.

Giacomo Corneo presents a refreshingly antidogmatic review of economic systems, in the form of a fictional dialogue between a daughter indignant about economic injustice and her father, a professor of economics. They tour hypothetical systems in which production and consumption obey noncapitalistic rules and test the systems’ economic feasibility.

The factors that brought about the 2008 financial collapse are examined in this analysis that explores the systemic crisis of capitalism after two decades of neoliberal globalization. Samir Amin lays bare the relationship between dominating oligopolies and the globalization of the world economy and argues that the current crisis is a profound crisis of the capitalist system itself, bringing forward an era in which wars--and perhaps revolutions--will once again shake the world. The author examines the threat to the plutocracies of the United States, Europe, and Japan from decisions of recent G20 meetings and analyzes these powers' attempts to get back to the pre-2008 system and to impose their domination on the peoples of the South through intensifying military intervention by using institutions such as NATO. An alternative strategy which, by building on the advances made by progressive forces in Latin America, would allow for a more humane society through both the North and the South working together is proposed.

In the vein of his bestseller, Four Arguments for the Elimination of Television, nationally recognized social critic Jerry Mander researches, discusses, and exposes the momentous and unsolvable environmental and social problem of capitalism. Mander argues that capitalism is no longer a viable system: "What may have worked in 1900 is calamitous in 2010." Capitalism, utterly dependent on never–ending economic growth, is an impossible absurdity on a finite planet with limited resources. Climate change, together with global food, water, and resource shortages, are only the start. Mander draws attention to capitalism's obsessive need to dominate and undermine democracy, as well as to diminish social and economic equity. Designed to operate free of "morality," the system promotes "permanent war" as a key economic strategy. Worst of all, the problems of capitalism are intrinsic to the form. Many organizations are already anticipating the breakdown of the system and are working to define new hierarchies of democratic values that respect the carrying capacities of the planet.

At present, every nation embraces a blend of two major economic philosophies: socialism and capitalism. Does either system of economic belief, however, meet our needs? Faced with uncertain global economic conditions and problems with capitalism and free markets, we seek solutions in socialism and government control. Faced with declining individual freedom and problems with socialism and government control, we seek solutions in capitalism and free markets. In light of the emerging evolution of consciousness view of the universe, we see economics in all its past and contemporary forms--those that lean toward socialism and those that lean toward capitalism--as obsolete. A new economic philosophy reveals itself, an economics for tomorrow--an economics of fulfillment.

In this major new work - the result of a lifetime of intellectual engagement - one of the developing world's most famous thinkers reflects on the times we live in. He argues that US hegemony has reached a dangerous new level under George Bush Jr, and that the US President's hubristic militarism will both lead to a never-ending cycle of wars and block all hopes of social and democratic progress, not just in developing countries, but in the North as well. Samir Amin also rejects the highly ideological notion that the current form of neoliberal capitalism - 'really existing capitalism' in which imperialism is an integral and permanent part - is an inevitable future for humanity, or in fact socially or politically tolerable. At the same time, he is not opposed to globalization as such; indeed he believes the whole world today is irrevocably connected, and that solidarity in diversity is the key to the struggle for a better world. In the body of the book, Amin provides a perspicacious analysis of tendencies within the rich countries - the US, Europe and Japan; the rising powers - China and India; the likely future trajectory of post-Soviet Russia; and the developing world. The central question he pursues is whether there are other hegemonic blocs that may emerge in time to circumscribe American power, and constrain free market capitalism and force it to adjust to demands other than its narrow central economic logic. This important and thought-provoking book identifies the key global campaigns Samir feels progressives should launch around the world. 'Another world is possible.' But, he warns, the diverse citizens' movements loosely gathered together in the World Social Forum must bite the political bullet and recognise that they can only transform the world if they seek political power.

The essential guide to the world’s most influential development thinkers, this authoritative text presents a unique guide to the lives and ideas of leading contributors to the contested terrain of development studies. Reflecting the diverse, interdisciplinary nature of the area, the book includes entries on: * modernisers like Hirshman, Kindleberger and Rostow * dependencistas such as Frank, Cardoso and Amin * progressives like Prebisch, Helleiner and Streeten * political leaders enunciating radical alternative visions of development, such as Mao, Nkrumah and Nyerere * progenitors of religiously or spiritually inspired development, such as Gandhi and Ariyaratne * development-environment thinkers like Blaikie, Brookfield and Shiva. This is a fascinating and readable introduction to the major figures that have shaped the field, ideal for anyone studying or working in the area.

Since its publication in 2006 as Fifty Key Thinkers on Development, this invaluable reference has established itself as the leading biographical handbook in its field, providing a concise and accessible introduction to the lives and key contributions of development thinkers from across the ideological and disciplinary spectrum. This substantially expanded and fully updated second edition in the relaunched series without the numerical constraint includes an additional 24 essays, filling in many gaps in the original selection, greatly improving the gender balance and diversifying coverage to reflect the evolving landscape of development in theory, policy and practice. It presents a unique guide to the lives, ideas and practices of leading contributors to the contested terrain of development studies and development policy and practice. Its thoughtful essays reflect the diversity of development in theory, policy and practice across time, space, disciplines and communities of practice. Accordingly, it challenges Western-centrism, Orientalism and the like, while also demonstrating the enduring appeal of "development" in different guises. David Simon has assembled a highly authoritative team of contributors from different backgrounds, regional settings and disciplines to reflect on the lives and contributions of leading authorities on development from around the world. These include: Modernisers like Kindleberger, Perroux and Rostow Dependencistas such as Frank, Furtado, Cardoso and Amin Progressives and critical modernists like Hirschman, Prebisch, Helleiner Sen, Streeten and Wang Political leaders enunciating radical alternative visions of development, such as Mao, Nkrumah and Nyerere Progenitors of religiously or spiritually inspired development, such as Gandhi, Ariyaratne and Vivekananda Development–environment thinkers like Agarwal, Blaikie, Brookfield, Ostrom and Sachs International institution builders like Singer, Hammarsköld, Kaul and Ul Haq Anti- and post-development thinkers and activists like Escobar, Ghosh, Quijano and Roy Key Thinkers on Development is therefore the essential handbook on the world’s most influential development thinkers and an invaluable guide for students of development and sustainability, policy-makers and practitioners seeking an accessible overview of this diverse field and its leading voices.