The Failure of Laissez Faire Capitalism and Economic Dissolution of the West PDF Download

Author: Paul Craig Roberts
Publisher: Atwell Publishing
ISBN: 0988406519
Category : Capitalism
Languages : en
Pages : 134

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Book Description
This very readable book by a distinguished economist, Wall Street Journal editor, and Assistant Secretary of the US Treasury is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations “too big to fail,” removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature’s resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.

Author: D. Gibson
Publisher: Palgrave Macmillan
ISBN: 9781349296149
Category : Political Science
Languages : en
Pages : 0

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Book Description
This forcefully argued book offers a provocative picture of the political, intellectual, and economic forces that have shaped the history of the United States, offering an extensive and in-depth critique of laissez-faire doctrine and a novel reformulation of the work of American System writers, Gibson traces America's rise to global supremacy.

Author: Albena Azmanova
Publisher: Columbia University Press
ISBN: 0231530609
Category : Philosophy
Languages : en
Pages : 130

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Book Description
The wake of the financial crisis has inspired hopes for dramatic change and stirred visions of capitalism’s terminal collapse. Yet capitalism is not on its deathbed, utopia is not in our future, and revolution is not in the cards. In Capitalism on Edge, Albena Azmanova demonstrates that radical progressive change is still attainable, but it must come from an unexpected direction. Azmanova’s new critique of capitalism focuses on the competitive pursuit of profit rather than on forms of ownership and patterns of wealth distribution. She contends that neoliberal capitalism has mutated into a new form—precarity capitalism—marked by the emergence of a precarious multitude. Widespread economic insecurity ails the 99 percent across differences in income, education, and professional occupation; it is the underlying cause of such diverse hardships as work-related stress and chronic unemployment. In response, Azmanova calls for forging a broad alliance of strange bedfellows whose discontent would challenge not only capitalism’s unfair outcomes but also the drive for profit at its core. To achieve this synthesis, progressive forces need to go beyond the old ideological certitudes of, on the left, fighting inequality and, on the right, increasing competition. Azmanova details reforms that would enable a dramatic transformation of the current system without a revolutionary break. An iconoclastic critique of left orthodoxy, Capitalism on Edge confronts the intellectual and political impasses of our time to discern a new path of emancipation.

Author: Daniel Woodley
Publisher: Routledge
ISBN: 1317755715
Category : Political Science
Languages : en
Pages : 350

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Book Description
Globalization and Capitalist Geopolitics is concerned with the nature of corporate power against the backdrop of the decline of the West and the struggle by non-western states to challenge and overcome domination of the rest of the world by the West. This book argues that although the US continues to preside over a quasi-imperial system of power based on global military preponderance and financial statecraft, and remains reluctant to recognize the realities global economic convergence, the age of imperial state hegemony is giving way to a new international order characterized by capitalist sovereignty and competition between regional and transnational concentrations of economic power. This title seeks to interrogate the structure of world order by examining leading approaches to globalization and political economy in international relations and international political economy. Breaking with the classical school, Woodley argues that geopolitics should be understood as a transnational strategic practice employed by powerful state actors, which mirrors predatory corporate rivalry for control over global resources and markets, reproducing the structural conditions for corporate power through the transnational state form of capital. In a period of increasing geopolitical insecurity and economic instability this title provides an authoritative yet accessible commentary on debates on capitalism and globalization in the wake of the financial crisis. It is valuable resource for students and scholars seeking to develop a deeper understanding of the historical determinants of the changing dynamics of neoliberal capitalism and their implications for world order.

Author: John Maynard Keynes
Publisher: Simon Publications
ISBN: 9781931541138
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
A sever economic critique of the 1920 Treaty of Versailles written by the famous economist, who was a member of the British peace delegation until he quit with disgust.

Author: Todd McGowan
Publisher: Columbia University Press
ISBN: 0231542216
Category : Philosophy
Languages : en
Pages : 305

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Book Description
Despite creating vast inequalities and propping up reactionary world regimes, capitalism has many passionate defenders—but not because of what it withholds from some and gives to others. Capitalism dominates, Todd McGowan argues, because it mimics the structure of our desire while hiding the trauma that the system inflicts upon it. People from all backgrounds enjoy what capitalism provides, but at the same time are told more and better is yet to come. Capitalism traps us through an incomplete satisfaction that compels us after the new, the better, and the more. Capitalism's parasitic relationship to our desires gives it the illusion of corresponding to our natural impulses, which is how capitalism's defenders characterize it. By understanding this psychic strategy, McGowan hopes to divest us of our addiction to capitalist enrichment and help us rediscover enjoyment as we actually experienced it. By locating it in the present, McGowan frees us from our attachment to a better future and the belief that capitalism is an essential outgrowth of human nature. From this perspective, our economic, social, and political worlds open up to real political change. Eloquent and enlivened by examples from film, television, consumer culture, and everyday life, Capitalism and Desire brings a new, psychoanalytically grounded approach to political and social theory.

Author: Toufic Gaspard
Publisher: BRILL
ISBN: 904740257X
Category : Social Science
Languages : en
Pages : 312

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Book Description
This book is about the laissez-faire strategy for economic development, a strategy inspired by neoclassical/mainstream economics, advocated by the “Washington Consensus”, and implemented by the Bretton Woods institutions. Mainstream economics has taken legitimacy from the historical failure of command economies. But this view has not been balanced by an examination of the performance of laissez-faire economies, the closest to the pure market model. Lebanon provides a unique test case in this regard. The book assesses Lebanon’s development during 1948-2002, including its industrial and financial performance. The dynamics of the laissez-faire system is separately studied from a Post-Keynesian perspective, highlighting institutional behavior. It is found that laissez-faire is not a sufficient condition for economic development, and can even be counterproductive.

Author: Anthony McMichael
Publisher: Oxford University Press
ISBN: 0190262974
Category : Science
Languages : en
Pages : 400

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Book Description
When we think of "climate change," we think of man-made global warming, caused by greenhouse gas emissions. But natural climate change has occurred throughout human history, and populations have had to adapt to the climate's vicissitudes. Anthony J. McMichael, a renowned epidemiologist and a pioneer in the field of how human health relates to climate change, is the ideal person to tell this story. Climate Change and the Health of Nations shows how the natural environment has vast direct and indirect repercussions for human health and welfare. McMichael takes us on a tour of human history through the lens of major transformations in climate. From the very beginning of our species some five million years ago, human biology has evolved in response to cooling temperatures, new food sources, and changing geography. As societies began to form, they too adapted in relation to their environments, most notably with the development of agriculture eleven thousand years ago. Agricultural civilization was a Faustian bargain, however: the prosperity and comfort that an agrarian society provides relies on the assumption that the environment will largely remain stable. Indeed, for agriculture to succeed, environmental conditions must be just right, which McMichael refers to as the "Goldilocks phenomenon." Global warming is disrupting this balance, just as other climate-related upheavals have tested human societies throughout history. As McMichael shows, the break-up of the Roman Empire, the bubonic Plague of Justinian, and the mysterious collapse of Mayan civilization all have roots in climate change. Why devote so much analysis to the past, when the daunting future of climate change is already here? Because the story of mankindâs previous survival in the face of an unpredictable and unstable climate, and of the terrible toll that climate change can take, could not be more important as we face the realities of a warming planet. This sweeping magnum opus is not only a rigorous, innovative, and fascinating exploration of how the climate affects the human condition, but also an urgent call to recognize our species' utter reliance on the earth as it is.

Author: Sylvia Nasar
Publisher: Simon and Schuster
ISBN: 0684872994
Category : Biography & Autobiography
Languages : en
Pages : 555

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Book Description
An instant "New York Times" bestseller, from the author of "A Beautiful Mind": a sweeping history of the invention of modern economics that takes readers from Dickens' London to modern Calcutta.

Author: Mike Hockney
Publisher: Magus Books
ISBN:
Category : Political Science
Languages : en
Pages : 1335

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Book Description
The world is always forcing its propaganda on you. Everyone is "selling" you something. At the least, they're selling you their story, their version of events, their view of the world, the way they want things to be. You're at it too. Facebook and Twitter are not social networking platforms. They're personal propaganda vehicles, which is why people lavish so much time on them. They're cyber self-portraits, and people will endlessly keep airbrushing them. What's the secret of making money? Pander to people's narcissism. Make it all about them - their favourite subject. We're saturated with propaganda. The media and advertising industries have no other function than to mass produce propaganda. Where is the truth? What and whom can you trust? What propaganda techniques should you be looking out for? How can you protect yourself? This is the gospel of anti-propaganda, the exposé of all the propagandists out to get you.