The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren't straightforwardly opposing forces.
In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state. The Making of Global Capitalism identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements that might transcend global markets.
Stimmen zum Buch:
· "Lucid and indispensable guides to the history and practice of American Empire."
- Naomi Klein, award-winning journalist and author of The Shock Doctrine
· "A must read for everyone who is concerned about where the future of capitalism might lie."
- David Harvey, CUNY Graduate Center, author of A Brief History of Neoliberalism
· "The most important leftist book of the year, and probably the decade."
- Charles Mudede, The Stranger
· "One of the most important books of the last decade ... nearly overwhelming in its breadth and detail ... It is a serious work of scholarship, and in my view, deserves at least three adjectives, which should be rarely used: definitive, classic and indispensable."
- Anti-Capitalist Meetup
· "It's the best left look at the US empire I've seen. The picture of the US as having the long-term dynamism and coherence of the global system 'front of mind', as the biz types say, makes far more sense than, say, the Chomskyism that pervades much of the left. They have few rivals and no betters in analyzing the relations between politics and economics, between globalization and American power, between theory and quotidian reality, and between crisis and political possibility."
- Doug Henwood, editor and publisher of Left Business Observer
/ AUS DEM INHALT: / / /
INTRODUCTION PART I: PRELUDE TO THE NEW AMERICAN EMPIRE
The DNA of American Capitalism 25 The Dynamic Economy 26 The Active State Internationalizing the American State 35
2American State Capacities: From Great War to New Deal 45 From Wilson to Hoover: Isolationism Not 46 The Great Depression and the New Deal State 53 From New Deal to Grand Truce with Capital 59
PART II: THE PROJECT FOR A GLOBAL CAPITALISM
3Planning the New American Empire 67 Internationalizing the New Deal 69 The Path to Bretton Woods 72 Laying the Domestic Foundations 80
4Launching Global Capitalism 89 Evolving the Marshall Plan The American Rescue of European Capitalism 96 "The Rest of the World"
PART III: THE TRANSITION TO GLOBAL CAPITALISM
5The Contradictions of Success Internationalizing Production Internationalizing Finance Detaching from Bretton Woods
Structural Power Through Crisis Class, Profits, and Crisis 5 Transition through Crisis Facing the Crisis Together
PART IV: THE REALIZATION OF GLOBAL CAPITALISM
7Renewing Imperial Capacity The Path to Discipline The New Age of Finance The Material Base of Empire
8Integrating Global Capitalism Integrating Europe Japan's Contradictions of Success 203 The Rest of the World (Literally)
PART V: THE RULE OF GLOBAL CAPITALISM
gRules of Law: Governing Globalization 223
The Laws of Free Trade 224
Global Investment, American Rules 230
Disciplinary Internationalism 234
10The New Imperial Challenge: Managing Crises 247 Firefighter in Chief 248 The Asian Contagion 254 Failure Containment
PART VI: THE GLOBAL CAPITALIST MILLENNIUM
11A World After Its Own Image 275 Chief Financial Architect 277 The US and the Globalized Economy 283 The Integration of China 292
12American Crisis/Global Crisis Smoldering 303 "The Worst Financial Crisis in Global History" The Empire's Not So New Clothes