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The Shock Doctrine: The Rise of Disaster Capitalism
Naomi Klein Manufacturer: Metropolitan Books ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0805079831 Release Date: 2007-09-18 |
Product Description
The bestselling author of No Logo shows how the global free market has exploited crises and shock for three decades, from Chile to Iraq
In her groundbreaking reporting over the past few years, 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 the most dominant ideology 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.
Customer Reviews:
"Dishonest".......2007-10-23
Eye Opener.......2007-10-22
The real skinny behind "Shock and Awe".......2007-10-22
Solid investigative journalism.......2007-10-22
through the Looking Glass Darkly.......2007-10-21
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The Challenge of Global Capitalism: The World Economy in the 21st Century
Robert Gilpin Manufacturer: Princeton University Press ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0691092796 |
Amazon.com
"Capitalism is the most successful wealth-creating economic system the world has ever known," declares Robert Gilpin. Yet it has skeptics. "Individual nations and powerful groups within nations that believe the world economy functions unfairly and to their disadvantage, or who wish to change the system to benefit themselves to the detriment of others, are an ever-present threat to the stability of the system." The task, then, is to ensure its survival through wise leadership that provides fair rules governing trade, investment, and currency. At a time when the economies of the world appear more linked than ever, and the tug of even further internationalization feels irresistible, Gilpin says nothing is inevitable. The whole system must rest on secure political foundations--foundations that Gilpin argues have weakened since the end of the cold war. "Growing concern over economic globalization and increased competition have intensified the movement toward economic regionalism and the appeal of protectionism," he writes. The Challenge of Global Capitalism was actually completed before the World Trade Organization's disastrous 1999 meeting in Seattle; after watching the protests unfold there, even the most Pollyannaish observers must admit that Gilpin warns of a real threat. His book will appeal mainly to economists, but serious nonspecialists will also find its sober prose accessible. --John J. MillerBook Description
Many individuals proclaim that global capitalism is here to stay. Unfettered markets, they argue, now drive the world, and all countries must adjust, no matter how painful this may be for some. Robert Gilpin, author of the widely acclaimed Political Economy of International Relations (Princeton, 1987), urges us, however, not to take an open and integrated global economy for granted. Rather, we must consider the political circumstances that have enabled global markets to function and the probability that these conditions will continue. Gilpin's new book amounts to a magisterial inquiry into all major aspects of the contemporary world political economy. Beginning with the 1989 end of the Cold War and the subsequent collapse of communism, it focuses on globalization and rapid technological change and covers a broad sweep of economic developments and political cultures. Gilpin demonstrates the fragility of a global and integrated economy and recommends what can be done to strengthen it.
The international community has another chance to solidify the global market economy that collapsed with the outbreak of World War I. Yet, writes Gilpin, the full implications of this historic development for international affairs are not yet clear. Will socialist economies make a successful transition to market-type economies? What role will a dynamic China play in the world economy? Will the United States continue to exercise leadership or gravitate toward self-centered policies? Gilpin explores such questions along with problems in the areas of trade liberalization, multinational corporations, and destabilizing financial flows. He also investigates the struggles of less developed countries and the spread of economic regionalism, particularly in Europe, North America, and Pacific Asia, which directly threatens an open world economy.
The author maintains that global capitalism and economic globalization have rested and must continue to rest on a secure political foundation. However, this foundation has eroded since the end of the Soviet threat. To ensure survival of the global economy, Gilpin concludes, the United States and other major powers must recommit themselves to working together to rebuild its weakened political foundations.
Customer Reviews:
The Challenge of Global Capitalism: The World Economy in the 21st Century.......2006-11-05
To Free Global Capitalism or Too Free?.......2000-09-23
The basic argument is that free markets create excesses which can only be eliminated by international intervention. Such interventions were frequent and reasonably effective during the period just prior to World War I and in the free world after World War II. Professor Gilpin argues that parochial American leadership since the end of the cold war has undermined the international political system for stabilizing the international economy. He calls for stronger American leadership in forging a better coalition with the European Union countries and Japan.
The central thesis of the book is sound in one area: Unrestrained capital flows can create distortions in a world in which everything else (businesses, people, and trade flows) are not nearly so unrestrained. The problem here is that these rapid capital flows out of a country primarily occur because of years of earlier abuses (as I describe in The Irresitible Growth Enterprise) such as speculative spending on infrastructure and investments that are not needed (as happened in several Southeast Asian countries prior to their currency crises in 1998).
Virtually every problem that Professor Gilpin warns against and wants to solve with international authority is really created by poor national economic policies. We would probably create sounder world economic growth if we focused on encouraging all nations to pursue sound lending, appropriate national borrowing, and constructive trade policies (our attention is usually focused on the last). Where governments are weak or corrupt, abuses will always develop and linger. My counterargument would be that strong democracies will almost always pursue reasonably sound economic policies. Solve that problem of governmental form and effectiveness of political process at the national level, and the world economy will be sound. If this counterargument is right, then we may need a second generation of informational efforts in favor of effective democracy, in the same way that one was needed during the cold war through Radio Free Europe and Voice of America.
At another level, much of what is described here as weaknesses and problems can be attributed to weak currencies. Again, informational efforts and research could help countries with weak currencies appreciate how to strenthen those currencies. Certainly, pegging to stronger currencies is proving to be effective in many cases. Pegging to a basket of stronger currencies might work even better. There could even be a role for pegging to sound economic policies to change expectations, as some South American countries have done.
Many of the worldwide risks today relate to the U.S. trade imbalance. In the same way that greater public awareness and an economic boom led to eliminating the U.S. budget deficits, the trade imbalance can be solved. Again, this is a national issue, not an international one. The weak savings rate in the U.S. can also be solved by changing the tax laws, again at a national level.
Basically, the argument I am making is that the markets are having problems because national politics are impinging too much on free markets. In that regard, the free market of ideas that is democracy can then adjust the national politics to achieve more healthy, free market results. The U.S. should lead the way by improving the savings rate and reducing the trade deficit. That would take many of the strains off of the world economy, and create the basis for another ten years of economic boom in the United States. Can our U.S. politicians get together and work on this after the November election? I certainly hope so.
Another area where Professor Gilpin is misfocused is in his concern about the growth of trading blocs like the EU and NAFTA. Actually, these blocs are creating freer markets within them and are an unavoidable precursor to creating the same level of freedom internationally with all countries. If there were three trading blocs in the world, they would simply merge into one at some point. That would be progress.
Complexity science tells us that having many countries pursuing their own ideas of economic prosperity will work better than having an internationally coordinated system. And the more intelligent, responsive, and focused those countries are, the better the whole system will work.
After you have finished reading this book, can you think of other places where we rely on precedent too much in our thinking rather than potential? If you find any of this happening in your own thinking, how can you learn to seek out better solutions rather than simply aping past solutions?
Good start for a basic understanding.......2000-05-22
reasonable overview for graduate students.......2000-05-04
It gives a good overview of major developments in the globalization and globalization debate in the 90s, with political economy analysis and lots of references to economic analysis. I would recommend it for graduate students, but I must say i was a bit disappointed, not much new or inspirational there. I could read the book very quickly without ever really having to stop and think. Here i think it is only fair to reveal my own background, which is in international economic relations and history of EU integration. Some of his points on the nature and development of the European Union and the economics are frankly quite contestable, especially on the openness or closedness of the EU. The debate on 'Fortress Europe' is really out of date by now ever since it became clear that the Single European Act of 1987 and the '1992' project were not about closing the EU economy, quite the contrary. Do I detect an US bias here?
Yes, as prof. Gilpin points out, economists indeed disagree on many key issues. But you will find that strife also within IPE and political science and in any other social science discipline. So? It reflects the complexity of the issues rather than weakness of the discipline, i'd argue (but then, I would would I, as an economist...) A number of problems in globalization and the international financial system are presented as (relatively) new, but I'd argue that more often than not these problems were always there in history. Also, the point that regionalization threatens globalization is too strong as put there, and not necessarily correct and so clear-cut at all: many regional economic agreements were made in the course of the Uruguay Round trade negotiations at GATT/WTO out of frustration with the slow pace of negotiations and as a 'back-up' plan in case of UR failure. Hardly a threat to globalization which, in any case, throughout history never really progressed smoothly at all.
All that said, the book does do a solid job of pointing out some of the main issues and discussions and it will do well as a topical reference book.
Global Capitalism = American Corporate Imperialism.......2000-04-30
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Gangster Capitalism: The United States and the Globalization of Organized Crime
Michael Woodiwiss Manufacturer: Carroll & Graf ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0786716711 |
Book Description
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Ganster Review.......2006-07-31
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Multinationals and Global Capitalism: From the Nineteenth to the Twenty-first Century
Geoffrey Jones Manufacturer: Oxford University Press, USA ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0199272107 |
Book Description
This book provides an essential historical framework for understanding global business. The author shows how entrepreneurs built a global economy in the nineteenth century by creating firms that pursued resources and markets across borders. It demonstrates how firms shifted strategies as the first global economy disintegrated in the political and economic chaos between the two world wars, and how they have driven the creation of the contemporary global economy. Many of the issues of the global economy have been encountered in the past. This book reveals how entrepreneurs and managers met the political, ethical, cultural, and organizational challenges of operating across borders at different times and in different environments. The role of multinationals is placed within their wider political and economic context. There are chapters on the impact of multinationals, and on relations with governments. The focus on the shifting roles of firms and industries over time provides compelling evidence on the diversity and discontinuities of the globalization process. The book explores the history of multinationals across a wide spectrum of manufacturing, service and natural resource industries. By providing an accessible survey of the history of international business worldwide, this book will be key reading for students taking courses in International Business, Business History, and Entrepreneurship; and of interest to academics and researchers working in these areas.
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Capitalism and Democracy in the 21st Century: Proceedings of the International Joseph A. Schumpeter Society Conference, Vienna 1998 "Capitalism and Socialism in the 21st Century"
Manufacturer: Physica-Verlag Heidelberg ProductGroup: Book Binding: Hardcover ASIN: 3790813508 |
Book Description
The collected papers in this volume are all concerned either in a direct sense or in a more wider perspective with the work of Joseph A. Schumpeter. Looking at Schumpeter's work, his lasting influence on important areas of research can be identified. One of these areas is obviously Schumpeter's idea about the future capitalism, a second one the issue of innovation and its consequences for economic development. A third area is concerned with the political process and the role of political leadership. The collection of this volume is developed along these main lines, complemented by papers discussing the place of Schumpeter's work within the history of economic analysis.
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Corporate Capitalism in Contemporary South Asia (International Political Economy)
Manufacturer: Palgrave Macmillan ProductGroup: Book Binding: Hardcover ASIN: 0333977203 |
Book Description
Much of the analysis of the impact of globalization remains preoccupied with the state rather than the corporate sector. There has been relatively little detailed analysis of the role of firms, especially the large multi-national conglomerates that have come to dominate South Asia's industrial landscape. This volume examines the South Asian corporate economies in terms of their history and evolution, their modes of corporate governance, and their relationship to the broader political economy.
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On Globalization: Capitalism in the 21st Century
Bruno Amoroso Manufacturer: Palgrave Macmillan ProductGroup: Book Binding: Paperback ASIN: 0333930738 |
Book Description
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Political Economy and Global Capitalism: The 21st Century, Present and Future (Anthem Studies in Development and Globalization)
Manufacturer: Anthem Press ProductGroup: Book Binding: Hardcover ASIN: 1843312794 |
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What Is to Be Done?: Leninism, Anti-Leninist Marxism and the Question of Revolution Today
Manufacturer: Ashgate Publishing ProductGroup: Book Binding: Hardcover ASIN: 0754632318 |
Customer Reviews:
You really ought to read this book.......2003-07-16
The book operates on three interrelated levels: a critique of Leninism/Bolshevism in relation to its historical practice under Lenin, a critique of Lenin's theoretical underpinnings, and a projection of a different understanding of "what is to be done".
The strength of the work lies in the moments where the focus is on the critique of Lenin's theorization of the fundamental problems of struggle and revolution, and on the projection of a different notion of class, struggle, revolution and communism. The book founders, however, in those essays which take up the historical practice of the Bolsheviks, too often presenting a caricature of Lenin's ideas and his relationship to the revolutionaries of the turn of the 20th century.
Section One focusses on the historical practice of Lenin's ideas in the and through the Bolshevik Party and counterposes the practices of the Left within social democracy to Lenin and the Bolsheviks. This more or less fails to satisfy, as it never grapples with either Lenin's ideas nor with the Bolsheviks' practice from January 1904 to February 1917. This does however make it easier to pose an already-existing anti-Leninist Left within Social Democrcy, since taking up the actual history would require expaining how Lenin and the Bolsheviks were themselves an essential component of this Left.
Section Two is more focussed on a fundamental critique of Lenin's notions of revolution, struggle, capital, and of Marx's own project.. This critiques Lenin's ideas as not merely inapplicable to today, but as pointing to a wholly different, bourgeois conception of revolution and crisis. On the one side, they posit Lenin's ideas: the state as an instrument to be smashed, seized, wielded; crisis as flowing from the competition between capitals; the Party as Subject of the revolution, as the real agent of historical forces; and revolution as a question of 'who controls what.' To this they counterpose the state as a moment of the capital-labor relation, as a mode of existence of capital, not as an instrument; crisis as flowing from class struggle; the proletariat as Subject of the revolution; and revolution as the transformation of all human social relations, not as a delayed effect achieved years after seizing state power, but as the very content of revoution itself.
Section Three is focussed more on problems of organization and how we understand our own activity. The essays critique the notion of 'using the state', of 'going through the institutions'. They also critique the idea that revolution is a conflict between two equivalent Subjects, two armies. Rather, a differetn activity is posed, one which is about anti-power, an anti-politics, rather than a politics of conquest.
All of the authors share a broadly class struggle-centric analysis and the possibility of a communist anti-politics which sees itself as the moving negation of the existing social relations, rather than as moving through the institutions of capital. This involves a fundamentally anti-sociological and anti-instrumental approach to class, state and crisis.
This is a very, very good book and should be read by anyone who wants to grapple with the real meaning of revolution.
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Globalization and the human imagination.(Reflections): An article from: World Policy Journal
Shashi Tharoor Manufacturer: World Policy Institute ProductGroup: Book Binding: Digital ASIN: B0009GKYII Release Date: 2005-08-01 |
Book Description
This digital document is an article from World Policy Journal, published by World Policy Institute on June 22, 2004. The length of the article is 4154 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Books:
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