The Crown And The Capitalists

Despite competing with much larger imperialist neighbors in Southeast Asia, the Kingdom of Thailand—or Siam, as it was formerly known—has succeeded in transforming itself into a rival modern nation-state over the last two centuries. Recent historiography has placed progress—or lack thereof—toward Western-style liberal democracy at the center of Thailand’s narrative, but that view underestimates the importance of the colonial context. In particular, a long-standing relationship with China and the existence of a large and important Chinese diaspora within Thailand have shaped development at every stage. As the emerging nation struggled against colonial forces in Southeast Asia, ethnic Chinese entrepreneurs were neither a colonial force against whom Thainess was identified, nor had they been able to fully assimilate into Thai society. Wasana Wongsurawat demonstrates that the Kingdom of Thailand’s transformation into a modern nation-state required the creation of a national identity that justified not only the hegemonic rule of monarchy but also the involvement of the ethnic Chinese entrepreneurial class upon whom it depended. Her revisionist view traces the evolution of this codependent relationship through the twentieth century, as Thailand struggled against colonial forces in Southeast Asia, found itself an ally of Japan in World War II, and reconsidered its relationship with China in the postwar era.

Over the past half-century, bookselling, like many retail industries, has evolved from an arena dominated by independent bookstores to one in which chain stores have significant market share. And as in other areas of retail, this transformation has often been a less-than-smooth process. This has been especially pronounced in bookselling, argues Laura J. Miller, because more than most other consumer goods, books are the focus of passionate debate. What drives that debate? And why do so many people believe that bookselling should be immune to questions of profit? In Reluctant Capitalists, Miller looks at a century of book retailing, demonstrating that the independent/chain dynamic is not entirely new. It began one hundred years ago when department stores began selling books, continued through the 1960s with the emergence of national chain stores, and exploded with the formation of “superstores” in the 1990s. The advent of the Internet has further spurred tremendous changes in how booksellers approach their business. All of these changes have met resistance from book professionals and readers who believe that the book business should somehow be “above” market forces and instead embrace more noble priorities. Miller uses interviews with bookstore customers and members of the book industry to explain why books evoke such distinct and heated reactions. She reveals why customers have such fierce loyalty to certain bookstores and why they identify so strongly with different types of books. In the process, she also teases out the meanings of retailing and consumption in American culture at large, underscoring her point that any type of consumer behavior is inevitably political, with consequences for communities as well as commercial institutions.

Many of the practices of modern capitalism were born during the six hundred years leading to the Industrial Revolution, well before the assessments of Adam Smith and Karl Marx. In his well-written and informative study, Poitras delves deep into the birth of capitalism, bringing readers to the very verge of industrialism and a modern economy.

Why are we selling off the impressive public enterprises we often battled as a nation to create? In the early 1900s, thousands of Canadians battled wealthy interests, winning control of Niagara Falls and creating a public power company. Another popular movement succeeded in creating Canada’s public broadcasting system to counter American dominance of the airwaves. And a Canadian doctor established a publicly owned laboratory that saved countless lives by producing affordable medications, contributing to medical breakthroughs and helping to eradicate smallpox throughout the world. But in recent decades, we have allowed our inspiring public enterprises to be privatized and our vital public programs downsized, leaving us increasingly dominated by the forces of private greed that rule the marketplace. In The Sport and Prey of Capitalists, Linda McQuaig challenges the dogma of privatization, which has defined our political era. She argues that now more than ever, as we grapple with climate change and income inequality, we need to expand, not shrink, our public sphere.

"Classical theorists once predicted that monarchy must eventually give way to capitalism. But is monarchy really dead--an archaic institution from the feudal past? In Royal Capitalism: The Monarchy, Wealth, and Social Classes in Thailand, Puangchon Unchanam examines one particularly successful monarchy: that of Thailand's King Bhumibol Adulyadej or Rama IX, whose seven-decade reign not only survived but thrived amid the country's transition to industrial capitalism. Indeed, the Thai crown's active role in national politics, the market economy, and popular culture has made it not only the dominant institution in the kingdom, but also the wealthiest monarchy in the world today. Tracing Rama IX's reign (1946-2016), Puangchon shows how the Thai crown was transformed into a 'bourgeois monarchy,' distinctive in several key ways. Rather than representing only royal and religious values, the monarchy rebranded itself by embracing the traditional middle-class ethic of hard work, frugality, and self-sufficiency. Rather than only relying upon coercion, the crown sought political legitimacy. And rather than simply controlling national assets, the crown became the country's major broker, connecting business elites, patronizing their industries, and partnering with giant corporations. Thanks to these distinctive features that it has recently embodied, the Thai monarchy enjoys hegemonic status in the capitalist state, preeminent status in the market, and popular support from the urban bourgeoisie"

From the bestselling author of No Logo—the gripping story of how America’s “free market” polices exploited crises and shock for three decades from Pinochet’s coup in Chile in 1973 to the "War on Terror." In her groundbreaking reporting, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of one the most dominant ideologies of our time: Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.

Nature, money, work, care, food, energy, and lives: these are the seven things that have made our world and will shape its future. In making these things cheap, modern commerce has transformed, governed, and devastated Earth. In A History of the World in Seven Cheap Things, Raj Patel and Jason W. Moore present a new approach to analyzing today's planetary emergencies. Bringing the latest ecological research together with histories of colonialism, indigenous struggles, slave revolts, and other rebellions and uprisings, Patel and Moore demonstrate that throughout history, crises have always prompted fresh strategies to make the world cheap and safe for capitalism. At a time of crisis in all seven cheap things, innovative and systemic thinking is urgently required. This book proposes a radical new way of understanding-and reclaiming-the planet in the turbulent twenty-first century.