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VALERO PACHECO, PERLA PATRICIA. "EL CARIBE Y EL NACIMIENTO DE LA ESCLAVITUD CAPITALISTA." Revista de la Academia 28 (December 1, 2019): 124–50. http://dx.doi.org/10.25074/0196318.0.1215.
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Este trabajo analiza la obra Capitalismo y esclavitud del marxista negro Eric Williams, donde se retan las explicaciones tradicionales sobre el desarrollo del capitalismo al valorar el papel de la esclavitud colonial y la trata negrera. A partir del trabajo de Williams se esboza una interpretación sobre la esclavitud colonial como una nueva forma de esclavitud netamente capitalista forjada en un Caribe global.
Palabras claves: Caribe, esclavitud, capitalismo, Eric Williams, marxismo negro.
THE CARIBBEAN AND THE BIRTH OF CAPITALIST SLAVERY. NOTES ON THE BLACK MARXISM OF ERIC WILLIAMS
This work analyzes the book Capitalism and slavery by the black Marxist Eric Williams, where challenge traditional explanations about the development of capitalism when assessing the role of colonial slavery and the slave trade. Williams’s work outline an interpretation of colonial slavery as a new form of clearly capitalist slavery forged in a global Caribbean.
Key Words: Caribbean, Slavery, Capitalism, Eric Williams, Black Marxism.
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Likavčan, Lukáš, and Manuel Scholz-Wäckerle. "The Stack as an Integrative Model of Global Capitalism." tripleC: Communication, Capitalism & Critique. Open Access Journal for a Global Sustainable Information Society 20, no. 2 (July 30, 2022): 147–62. http://dx.doi.org/10.31269/triplec.v20i2.1343.
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This paper investigates recent transformations in global capitalism’s political economy, concerned with the evolution of globally integrated production and exchange apparatuses, such as platforms, enabled through technological advances in computational infrastructures. These infrastructures are explicable in terms of the model of the Stack, understood as an accidental mega-structure of the contemporary platform economy that is integrating previously detached circulation and accumulation structures. The Stack is introduced as an integrative model of a multi-layered political economic system that allows to understand and explain recent developments in global capitalism. Focus is thereby given to intensified real abstraction of labour induced by the capitalist appropriation of planetary-scale computation. Building on the model of the Stack, we set in relation different perspectives on recent capitalist development in terms of planetary-scale computation: transnational informational capitalism, cognitive capitalism, intellectual monopoly capitalism and techno-feudalism. Thereby we highlight aspects of value creation as well as rent-seeking through the model of the Stack.
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McNally, Christopher A. "Sino-Capitalism: China's Reemergence and the International Political Economy." World Politics 64, no. 4 (October 2012): 741–76. http://dx.doi.org/10.1017/s0043887112000202.
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There is little doubt that China's international reemergence represents one of the most significant events in modern history. As China's political economy gains in importance, its interactions with other major political economies will shape global values, institutions, and policies, thereby restructuring the international political economy. Drawing on theories and concepts in comparative capitalism, the author envisages China's reemergence as generating Sino-capitalism—a capitalist system that is already global in reach but one that differs from Anglo-American capitalism in important respects. Sino-capitalism relies more on informal business networks than legal codes and transparent rules. It also assigns the Chinese state a leading role in fostering and guiding capitalist accumulation. Sino-capitalism, ultimately, espouses less trust in free markets and more trust in unitary state rule and social norms of reciprocity, stability, and hierarchy.After conceptualizing Sino-capitalism's domestic political economy, the author uses the case of China's efforts to internationalize its currency, the yuan or renminbi, to systematically illustrate the multifarious manner in which the domestic logic of Sino-capitalism is expressed at the global level. Rather than presenting a deterministic argument concerning the future international role of China, he argues that China's stance and strategy in the international political economy hew quite closely to Sino-capitalism's hybrid compensatory institutional arrangements on the domestic level: state guidance; flexible and entrepreneurial networks; and global integration. Sino-capitalism therefore represents an emerging system of global capitalism centered on China that is producing a dynamic mix of mutual dependence, symbiosis, competition, and friction with the still dominant Anglo-American model of capitalism.
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Robinson, William I. "Can Global Capitalism Endure?" Revista de Estudios Globales. Análisis Histórico y Cambio Social 1, no. 1 (October 28, 2021): 13–41. http://dx.doi.org/10.6018/reg.497741.
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El período comprendido entre 2008 y la tercera década del siglo XXI se caracteriza por una crisis prolongada para el capitalismo global, tanto estructural como política, que se ha visto agravada por la pandemia del coronavirus. La era de la globaliza-ción ha supuesto una transformación radical en curso en las modalidades de producción y apropiación de plusvalía. Existe una imparable concentración y centralización extrema del capital a escala global en los conglomerados financieros que a su vez actúan para en-trelazar toda la masa del capital global. Ahora el sistema está experimentando una nueva ronda de reestructuración y transformación basada en una digitalización mucho más avanzada de toda la economía y la sociedad global. Los agentes del capitalismo global están intentando adquirir para el sistema una nueva oportunidad de reproduccióna través de esta reestructuración digital y mediante la reforma que algunos entre la élite global están defendiendo frente a las presiones masivas desde abajo. Másallá de la coordinación de políticas transnacionales entre estados, el poder estructural que la clase capitalista transnacional puede ejercer desde arriba sobre aquellos socavará la reforma a menos que haya una contramovilización masiva del poder desde abajo. Si alguna reforma reguladora o redistributiva llega a concretarse, la reestructuración puede, dependiendo de la correlaciónde fuerzas sociales y de clase, desencadenar una nueva ronda de expansión productiva que atenúe la crisis. Sin embargo, a largo plazo, sin una reforma más profunda que la que se vislumbra actualmente en el horizonte, es díficil observar cómo el capitalismo global podría continuar reproduciéndose. The period from 2008 into the third decade of the twenty-first century has been one long protracted crisis for global capitalism, as much structural as political, that has been aggravated by the coronavirus pandemic. The era of globalization has involved an ongoing radical transformation in the modalities of producing and appropriating surplus value. There is an extreme and still increasing concentration and centralization of capital on a global scale in the financial conglomerates that in turn act to interlock the entire mass of global capital. Now the system is undergoing a new round of restructuring and transformation based on a much more advanced digitalization of the entire global economy and society. The agents of global capitalism are attempting to purchase for the system a new lease on life through this digital restructuring and through reform that some among the global elite are advocating in the face of mass pressures from below. Beyond transnational policy coordination among states, the structural power that the transnational capitalist class is able to exercise from above over states will undermine reform unless there is a mass counter-mobilization of power from below. If some regulatory or redistributive reform actually comes to pass, restructuring may, depending on the play of social and class forces, unleash a new round of productive expansion that attenuates the crisis. In the long run, however, it is difficult to see how global capitalism can continue to reproduce itself without a much more profound overhaul than is currently on the horizon, if not the outright overthrow of the system.
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Robinson, William I. "The next economic crisis: digital capitalism and global police state." Race & Class 60, no. 1 (May 4, 2018): 77–92. http://dx.doi.org/10.1177/0306396818769016.
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Transnational capitalists and global elites are confident that the world economy has recovered from the 2008 financial collapse, but there is good reason to believe that another crisis of major proportions looms on the horizon. Digitalisation and fourth industrial revolution technologies are driving a new round of global capitalist restructuring, yet they are also aggravating the underlying structural conditions that generate crisis; in particular, overaccumulation. Transnational investors have been pouring billions of dollars into the rapid digitalisation of global capitalism as the latest outlet for its surplus accumulated capital and hedging their bets on new investment opportunities in global police state. The concept of global police state allows us to identify how the economic dimensions of global capitalist transformation intersect in new ways with political, ideological and military dimensions of this transformation. There is a convergence around global capitalism’s political need for social control and repression and its economic need to perpetuate accumulation in the face of stagnation. When the next crisis hits, the Left and resistance forces from below must be in a position to seize the initiative and to push back at global police state.
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Carmo, Roney Gusmao, and Ana Elizabeth Santos Alves. "Capitalismo flexível: representações sob uma pretensa “sofisticação” / Flexible capitalism: representations under the “sofisticated” appearance." Caderno de Geografia 24, no. 42 (July 18, 2014): 1–19. http://dx.doi.org/10.5752/p.2318-2962.2014v24n42p1.
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As transformações verificadas no sistema capitalista no final do século XX impactaram distintas organizações do mercado ao redor do mundo, impondo novas perspectivas econômicas, políticas e, sobretudo, sociais/comportamentais. O comércio se tornou apenas um dos espaços remontados pelo nexo da flexibilidade, motivando diferentes opiniões sobre o processo de mudanças. O presente texto se ocupa em compreender a forma como os sujeitos representam em seus discursos o “novo” capitalismo flexível, aqui entendido como um fenômeno histórico e global.Palavras-chave: capitalismo flexível, representações comuns, comércio. AbstractThe changes observed in the capitalist system in the late twentieth century impacted different market organizations around the world, imposing new economic, political and especially social / behavioral. The trade became one of the spaces reassembled at the nexus of flexibility, motivating different views on the process of change. This text aims to understand how the subjects in their speeches represent the "new" flexible capitalism, understood here as a historical and global phenomenon. Keywords: flexible capitalism, common representations, trade.
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Hope, Wayne. "Epochality, Global Capitalism and Ecology." tripleC: Communication, Capitalism & Critique. Open Access Journal for a Global Sustainable Information Society 16, no. 2 (May 4, 2018): 562–76. http://dx.doi.org/10.31269/triplec.v16i2.1002.
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What type of capitalism do we live in today? My answer to this question draws upon two interrelated lines of argument. Firstly, I will argue that we inhabit an epoch of global capitalism. The precursors of this kind of capitalism originated from the late nineteenth century when the development of telegraph networks, modern transport systems and world time zones provided a global template for industrialisation and Western imperialism. From about 1980 a confluence of global events and processes bought a fully-fledged global capitalism into being. These included the collapse of Fordist Keynesianism, national Keynesianism and Soviet Communism along with First, Second and Third World demarcations; the international proliferation of neo-liberal policy regimes; the growth of transnational corporations in all economic sectors; the predominance of financialisation and the reconstitution of global workforces. Secondly, I will argue that the shift from organic surface energy to underground fossil energy intertwined the time of the earth with the time of human history as nature was being instrumentalised as a resource for humanity. Understanding the capitalist relations of power involved here requires that we rethink the emergence of industrial capitalism in the historical context of a world system built upon unequal socio-ecological exchange between core and periphery. Today, global capitalism has intensified the anthropogenic feedback loops associated with CO2 emissions and climate change and universalised the organisational frameworks of profit extraction and socio-ecological destruction. I refer here to the transnational systems of fossil fuel capitalism along with their interlinkages with financialisation and advertising/commodity fetishism. From the preceding lines of argument I will briefly outline the intra-capitalist and planetary-ecological crises out of which transnational coalitions of opposition might emerge.
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Velayutham, Sivakumar, and Ajantha Velayutham. "Emergence of the Transnational Capitalist Class in Sports: Manchester United Football Club (mufc) and the English Premier League (epl)." Perspectives on Global Development and Technology 15, no. 5 (October 10, 2016): 520–42. http://dx.doi.org/10.1163/15691497-12341405.
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Transnational capitalism has been described as the emerging new stage of capitalism characterized by sharp increases in foreign direct investment, the rise of a global financial system, and increased interlocking of positions within the global corporate structure in many countries and industries. These have been identified as some empirical indicators of the transnational integration of capitalists. This thesis has however rarely been applied to sports probably because it could be considered the antithesis of transnational capitalism. First, sports more than any other form of social activity is associated with nationalism, and second, sport has traditionally been associated with amateurism.The transformation of Manchester United Football Club (mufc) from a local club to a transnational corporation within the English Premier League (epl) is used as an example of the colonization of sport by the transnational capitalist class (tcc). The study highlights a number of emerging characteristics of transnational capitalism. First, the study points to the emergence of transnational capitalist class (tcc) centers with London and England as one of them. Second, the study also highlights the role of modern technologies of communication and media, and branding in the emergence transnational capitalism.
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Harris, Jerry. "Global Capitalism and Transnational Class Conflict." Perspectives on Global Development and Technology 20, no. 5-6 (February 11, 2022): 453–77. http://dx.doi.org/10.1163/15691497-12341606.
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Abstract Integrated global capitalism has emerged over the past forty years as the dominant economic system. This world system was constructed by the transnational capitalist class, which established hegemonic political and cultural power in both the Global North and South. Nevertheless, competition and contradictions characterize global capitalism, within and between classes as well as nation states.
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Feldmann, Magnus. "Global Varieties of Capitalism." World Politics 71, no. 1 (December 24, 2018): 162–96. http://dx.doi.org/10.1017/s0043887118000230.
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AbstractThis article analyzes the prospects for globalizing the varieties of capitalism (voc) debate. It identifies and compares firm-centered, governance-centered, and state-centered approaches to extending the debate on capitalist diversity, and discusses the distinctive contributions of each approach as well as the trade-offs between them. The author draws on three agenda-setting volumes that engage with thevocframework and study capitalist diversity in three regions not usually covered by this literature: Latin America, East and Southeast Asia, and East Central Europe. As these regions play an increasingly important role in the world economy, this article examines what the books imply about the current state of knowledge about globalvoc. The author argues that the extension of thevocdebate to these parts of the world is important for advancing the understanding of economic institutions; the approach can reinvigorate research on capitalist diversity and the institutional foundations of economic development in the current era of globalization.
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Bledsoe, Adam, and Willie Jamaal Wright. "The anti-Blackness of global capital." Environment and Planning D: Society and Space 37, no. 1 (October 18, 2018): 8–26. http://dx.doi.org/10.1177/0263775818805102.
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This paper seeks to offer a new perspective on the interrelated questions of globalized capitalism and anti-Blackness. We engage with current geographical work on the question of Blackness, highlighting the ways in which prevailing forms of global capital accumulation—which take shape in numerous spatial and political practices around the world—coincide with acts of anti-Blackness. In recognizing the connections between capitalism and anti-Black violence, however, we choose not to frame anti-Blackness as an effect of capitalist relations. Rather, we insist that anti-Blackness remains a necessary precondition for the perpetuation of capitalism, as the perpetual expansion of capitalist practices requires “empty” spaces open for appropriation—a condition made possible through the modern assumption of Black a-spatiality. Drawing on theoretical discussions of both global capital and anti-Blackness, empirical examples of shifting global spatial-racial regimes, and the discursive and material practices of Black Lives Matter, the Movement for Black Lives, and the Afro-Brazilian community Ilha de Maré, this paper attempts to forge new geographical conversations regarding current capitalist practices and the matter of Black lives.
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Litonjua, M. D. "Global Capitalism." Theology Today 56, no. 2 (July 1999): 210–28. http://dx.doi.org/10.1177/004057369905600207.
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Kealhofer, Lisa. "Linking Local to Global: An Integrated Archaeology of Capitalism." Archaeological Dialogues 8, no. 1 (September 2001): 27–31. http://dx.doi.org/10.1017/s1380203800001823.
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Dalglish's paper raises several interesting issues, both methodological and theoretical. At the heart of this paper is the proposition that archaeology can contribute to our understanding of capitalism, because local landscape studies (by archaeologists) provide us with a more informed view of the common people and the disenfranchised, and their ‘mundane daily existence’ (as a rationale for historical archaeology in general see Falk 1991). Dalglish argues the need to analytically separate capitalism (an ideology of the individual knowable from routine) from capitalist societies, where capitalist values are not uniformly embedded. Variability in local responses to capitalism is important to understanding regional processes of change over the last few hundred years. Few historical archaeologists would quibble with this.
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Palacios, Juan Manuel Sandoval. "La “megarregión arizona-sonora” como zona específica de intensa acumulación (zeia) en el espacio global para la expansión del capital transnacional de la frontera México-Estados Unidos." Revista Pós Ciências Sociais 16, no. 32 (January 12, 2020): 21. http://dx.doi.org/10.18764/2236-9473.v16n32p21-49.
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ResumenEn este artículo analizo cómo se ha confgurado una Zona Específca de Intensa Acumulación (ZEIA) en el corredor Phoenix-Tucson (Arizona) / HermosilloGuaymas (Sonora), vía un ajuste espacial dentro del Espacio Global para la expansión del capital transnacional de la frontera México-Estados Unidos, en la cual se concentran diversos megaproyectos de infraestructura para la producción industrial de bienes de alta tecnología –en los sectoresautomotriz y aeroespacial-, y para procesos extractivos, principalmente de minerales metálicos como el cobre, el molibdeno, el oro y la plata; y no metálicos, como el grafto y wollastonita. Este proceso se enmarca en el contexto de la reestructuración del capitalismo mundial por la crisis estructural del mismo en las décadas de 1970 y 1980, a instancias de la naciente Clase Capitalista Transnacional (CCT) encabezada por la fracción estadounidense de aquélla,y que impulsó la fase actual del capitalismo mediante la dispersión y concentración del capital que globalizaron los circuitos fnancieros y de producción, dando paso a la creación de Espacios Globales para la expansión del capital transnacional en diversas partes del mundo y, dentro de éstas, la producción de Zonas Específcas de Intensa Acumulación.Palavras clave: Capitalismo global. Expansión. Acumulación. Transnacional. Megaproyectos. Infraestructura.THE ARIZONA-SONORA MEGAREGION: A SPECIFIC ZONE OF INTENSE ACCUMULATION (SZIA) IN THE GLOBAL SPACE FOR EXPANDING TRANSNATIONAL CAPITAL AT THE US-MEXICO BORDERAbstractIn this paper I analyze how a Specific Zone of Intense Accumulation (SZIA) has been created in the Phoenix-Tucson (Arizona) / Hermosillo-Guaymas (Sonora) corridor throughout a spatial fix within the Global Space for Expanding Transnational Capital at the US-Mexico Border. Diverse infrastructure megaprojects for industrial production of high technology goods -in the auto and aerospatial sectors- are concentrated in this SZIA; but also megaprojects for extractive processes, mainly of metallic minerals as copper, molibdem, gold and silver, and non metallic ones such as grafitt and wollastonit. This process is analyzed in the context of the restructuring of world capitalism in the 1970s and 1980s, promoted by the emergent Transnational Capitalist Class led by the US fraction of this Class. This restructuration encouraged global capitalism by dispersing and concentrating capital throughout the globalization of financial and production circuits which produced Global Spaces for expanding transnational capital in diverse regions of the world and, within these Global Spaces Specific Zones of Intense Acummulation were created.Keywords: Global capitalism. Expansion. Accumulation. Transnational. Megaprojects. Infrastructure.
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Lash, Scott. "Capitalism and Metaphysics." Theory, Culture & Society 24, no. 5 (September 2007): 1–26. http://dx.doi.org/10.1177/0263276407081281.
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Contemporary capitalism is becoming increasingly metaphysical. The article contrasts a ‘physical’ capitalism – of the national and manufacturing age – with a ‘metaphysical capitalism’ of the global information society. It describes physical capitalism in terms of (1) extensity, (2) equivalence, (3) equilibrium and (4) the phenomenal, which stands in contrast to metaphysical capitalism’s (1) intensity, (2) inequivalence (or difference), (3) disequilibrium and (4) the noumenal. Most centrally: if use-value or the gift in pre-capitalist society is grounded in concrete inequivalence, and exchange-value in physical capitalism presumes abstract equivalence, then value in contemporary society presumes abstract inequivalence. The article argues that the predominantly physical causation of the earlier epoch is being superseded by a more metaphysical causation. This is discussed in terms of the four Aristotelian causes. Thus there is a shift in efficient cause from abstract homogenous labour to abstract heterogeneous life. Material cause changes from the commodity’s units of equivalence to consist of informational units of inequivalence. Formal cause takes place through the preservation of form as a disequilibriate system through operations of closure. These operations are at the same time information interchanges with a form’s environment. Final (and first) cause becomes the deep-structural generation of information from a compressed virtual substrate. This may have implications for method in the social and human sciences. The article illustrates this shift with a brief discussion of global finance.
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Gržinić, Marina. "Political Agency: The Subject and the Citizen in the Time of Neoliberal Global Capitalism." AM Journal of Art and Media Studies, no. 14 (October 15, 2017): 1. http://dx.doi.org/10.25038/am.v0i14.205.
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Today the notion of the ‘subject’ in the first capitalist world is reserved only for the citizens (fully acknowledged) as such of the first capitalist neoliberal world. Therefore the ‘old’ political ‘subjects’ are seen as a form of an archaic subjectivity and delegated to the so-called third worlds’ capitalisms. The consequences are terminal regarding political agency. Or to reformulate this going back to the most significant shift in the historicization of capitalism, the shift from biocapitalism to necrocapitalism (the shift, break and simultaneity of biopolitics and necropolitics and as well biopower and necropower), we see a twofold mechanism at work. First, if necropolitics presents a new mode of governmentality for neoliberal global capitalism that is a decision over the administration of death (as being opposed to biopolitics as a control over life) then we must ask in which concrete, political, economic and social ideological situation the sovereign decision over death without impunity is normalized and accepted. Second, who are those that are ‘selected’ and targeted as the goal of this necro ‘sovereign’ decision? The answers will pull a paradoxical difference inside the notion of the subject and as well respond to why any demand regarding political subjectivities in the time of a neoliberal global capitalism seems a bad joke and something obsolete.Article received: June 5, 2017; Article accepted: June 16, 2017; Published online: October 15, 2017; Original scholarly paperHow to cite this article: Gržinić, Marina. "Political Agency: The Subject and the Citizen in the Time of Neoliberal Global Capitalism." AM Journal of Art and Media Studies 14 (2017): 1-11. doi: 10.25038/am.v0i14.205
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Fernández, Víctor Ramiro, Matthias Ebenau, and Alcides Bazza. "Rethinking Varieties of Capitalism from the Latin American Periphery." Review of Radical Political Economics 50, no. 2 (November 9, 2017): 392–408. http://dx.doi.org/10.1177/0486613417690139.
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The article reconsiders how capitalist diversity is conceived of in the mainstream institutionalist “comparative capitalisms” literature. It highlights the division between centers and peripheries as a differentiation prior to national varieties, subsequently introducing the concepts of “nuclei of accumulation” and “nuclei of state implication.” It proposes to analyze (peripheral) varieties of capitalism as results of the conformation and change of these nuclei, their interrelations, and their insertion into global economic and political networks.
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Warnecke-Berger, Hannes. "Capitalism, Rents and the Transformation of Violence." International Studies 57, no. 2 (April 2020): 111–31. http://dx.doi.org/10.1177/0020881720912898.
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Violence seems on the rise. After centuries of declining homicide rates in the Global North, violence has been transforming since the 1960s and even increased in some parts. In the Global South, in contrast, levels of violence have remained constantly high. The article questions both the liberal peace theory lately highlighted by Steven Pinker as well as Marxist accounts on the relationship between capitalism and increasing violence, lately dubbed accumulation by dispossession. This article elaborates a heterodox Keynesian model of capitalist growth in which growth ultimately depends on rising real wages. Following this Kaleckian model of capitalism, money plays a pivotal role regarding the low propensity for violence in capitalist societies: capitalist credit money tends to alter the matter of dispute from non-divisible to divisible and thus functions as a general denominator for social conflicts. Conflicts in capitalism are about ‘more or less’ instead of ‘either/or’. In the Global South, in contrast, capitalism is too weak to structure the economic sphere as economic rents predominate. Rents tend to favour social closure and social verticalization. They are particularly prone to violence. Inasmuch as economic rents penetrate capitalist societies, violence will be increasing in the Global North as well.
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Harris, Jerry. "Global Capitalism and the Battle for Hegemony." Science & Society 85, no. 3 (July 2021): 332–59. http://dx.doi.org/10.1521/siso.2021.85.3.332.
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Facing a crisis of legitimacy, the capitalist class is constructing new hegemonic projects to stabilize their global system. This article will examine competing fractions of the transnational capitalist class (TCC), how these fractions are confronting the crisis of global capitalism, and how TCC theory analyzes the current state of conflict. TCC theorists see the development of two hegemonic projects, one based on militarized accumulation and authoritarian politics and that of green capitalist reformism. But differences exist on the evaluation of the strength and formation of these emerging blocs. The article also pays attention to the relationship between the United States and China as a battleground between globalizing projects, rather than nations.
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McNally, Christopher A. "The Challenge of Refurbished State Capitalism: Implications for the Global Political Economic Order." dms – der moderne staat – Zeitschrift für Public Policy, Recht und Management 6, no. 1-2013 (June 19, 2013): 33–48. http://dx.doi.org/10.3224/dms.v6i1.03.
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Will the global financial crisis of 2008 represent a symbolic juncture in the geo-economics of globalization? There are differing views, with some arguing that the Washington Consensus is dead, while others holding that the fundaments of the neo-liberal global order remain intact. This article engages with this debate by putting three distinct questions analytically prior: First, is there a political economic model that actually stands in contradistinction to the Washington Consensus and the neo-liberal global order? Second, if there is a potential challenge to the neo-liberal order, what exactly is it? And third, if such a challenge exists, what precisely is its nature and logic as it interacts with the neo-liberal global order? This article argues that there is, indeed, a challenger: refurbished forms of state capitalism. However, the nature and logic of the state capitalist challenge to the U.S.-centered neo-liberal system is fundamentally different from the Soviet challenge during the Cold War. Diverse formations of capitalism are co-dependent on the global level in the present era. Refurbished state capitalism is no exception. It represents an “in-system” challenge, since it does not attempt to actively undermine and supplant the neo-liberal order, but rather to gain influence over it. New forms of refurbished state capitalisms are thus simultaneously in symbiosis and in rivalry with the neo-liberal global order.
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Sachs, Jeffrey. "Managing Global Capitalism." Australian Economic Review 32, no. 1 (March 1999): 3–16. http://dx.doi.org/10.1111/1467-8462.00089.
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Hagan, James, Paul Tuckerman, Mark Latham, and Lindsay Tanner. "Civilising Global Capitalism." Labour History, no. 80 (2001): 249. http://dx.doi.org/10.2307/27516794.
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Bello, Walden. "Global Capitalism Versus Global Community." Race & Class 44, no. 4 (April 2003): 63–76. http://dx.doi.org/10.1177/03063968030444005.
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Blake, Jenna. "Feminist Critique of Joseph Stiglitz’s Approach to the Problems of Global Capitalism." Stance: an international undergraduate philosophy journal 7, no. 1 (April 18, 2014): 89–96. http://dx.doi.org/10.33043/s.7.1.89-96.
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In his book Making Globalization Work, Joseph Stiglitz proposes reforms to address problems arising from the global spread of capitalism, problems that he asserts are not inherent to globalization or capitalism but are due to the way those systems have been “managed.” Conversely, postcolonial feminist theorist Chanda Talpade Mohanty’s analysis of those same systems demonstrates that capitalism is not compatible with global justice. In this essay I use Mohanty’s analysis to argue that Stiglitz’s proposed reforms would not achieve his stated goals and that the global capitalist system must be dismantled if global justice is to be achieved.
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Jones, Geoffrey. "Global Perspectives and British Paradoxes." Business History Review 71, no. 2 (1997): 291–98. http://dx.doi.org/10.2307/3116162.
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For Alfred D. Chandler, Jr., in Scale and Scope, “the British story provides a counterpoint, an antitheses, to the American experience.” Chandler shows that fewer of the largest firms appeared in Britain. British companies preferred to retain family or family-like control and management; he terms this “personal capitalism.” Firms were reluctant to recruit professional managers, and if they did so, they did not like them to have received much formal education. There were no business schools in the pre-1945 U.K. These personal capitalists on the whole preferred personal income to making the 3-pronged investments in manufacturing, marketing and management in the capitalintensive industries of the Second Industrial Revolution. The more complex the technical and managerial skills required in an industry, the worse these personal capitalists performed and the greater the missed opportunities. For Chandler, Britain stands as a warning of the unpleasant consequences of not adopting managerial capitalism.
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Maliuk, Andrii. "K. Marx’s view on the role of capitalism in shaping world-historical relationships." Sociology: Theory, Methods, Marketing, Stmm 2019 (1) (March 22, 2019): 73–91. http://dx.doi.org/10.15407/sociology2019.01.073.
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The central theme of this research paper is the reconstruction of the Marxian vision of the place and role of capitalism in shaping worldwide, global relationships and interconnections, as well as in setting the historical limits of globality (which, in turn, is a product of capitalism itself). It is shown that from Marx’s viewpoint capitalism is formed inseparably from the system of global interconnections and a global system of societal relationships. By the same token, the system of global relationships is a natural result of capitalist development. The world has been involved in the system of global interconnections due to (and through) a historically specific form of productive forces and societal relationships, which has been capitalistic. Capitalism is a global system by nature. Globality and universality constitute the very essence of capitalism, which Marx understood as inherently expansionist, as striving to spread limitlessly — and this is what exactly characterises the global system. Such an understanding derives from the nature of capital, which is predicated upon striving for unlimited and ever-increasing accumulation, for self-growth.
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Woodward, Mark. "On vampire squid and pie in the sky - Reflections on greed, altruism, global capitalism, Muslim and other ethics." International Journal of Interreligious and Intercultural Studies 4, no. 2 (December 26, 2021): 1–21. http://dx.doi.org/10.32795/ijiis.vol4.iss2.2002.2224.
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This article points to some of the ethical short-comings of global capitalism in historical and contemporary contexts. Comparison of late eighteenth/early nineteenth century capitalist enterprises including the British and Dutch East India Companies and contemporary investment banking houses including Goldman Sachs indicates that ethical problems inherent in global capitalism have not changed significantly over the centuries. The analysis presented here builds on explicit critiques of capitalism by the eighteenth-century economist Adam Smith and contemporary critiques by linguist and social critic Noam Chomsky and implicit ones Reggae star Jimmy Cliff. Islamic finance is often described as an alternative to capitalisms that avoid greed based ethnical problems. This is not necessarily the case if Islamic finance is merely fiqh compliant. The fact that Goldman Sachs and other Western banks have entered the Islamic finance business buttresses this position. The economic ethics of the eleventh/twelfth century Muslim theologian and philosopher Hamid al-Ghazali and the contempory Muslim legal scholar Khaled Abou el Fadl offer possible correctives. If, however, Evolutionary biologist Lynn Margulis is correct and greed is a basic component of human nature, the full realization of any ethical economics is unlikely.
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Dore, Ronald. "Will Global Capitalism be Anglo-Saxon Capitalism?" Asian Business & Management 1, no. 1 (April 2002): 9–18. http://dx.doi.org/10.1057/palgrave.abm.9200004.
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Hudis, Peter. "New Perspectives on Rosa Luxemburg’s Critique of Global Capitalism." Perspectives on Global Development and Technology 11, no. 1 (2012): 27–37. http://dx.doi.org/10.1163/156914912x620716.
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AbstractThe global economic-financial downturn has given new impetus to a re-examination of Rosa Luxemburg’s writings on capitalist accumulation and economic crisis, which pinpointed the central contradiction of capitalism in its drive for global expansion. In this article I critically engage Luxemburg’s theory of capital accumulation and crisis by evaluating it in comparison with the central categories of Volumes One and Two of Marx’sCapitalon the one hand, and the quest for an alternative to capitalism in the twenty-first century on the other. I argue that Marx’s procedure in Volume Two ofCapital, in which he abstracts from realization crises and foreign trade in order to discern the “law of motion” of capital freed from secondary and tertiary considerations, captures the internal dynamic of capitalist development and crises far better than its Keynesian and neo-Keynesian alternatives.
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Khan, Kalsoom, and Nighat Ahmad. "The Neo-imperialist Logic of Global Capitalism in A Banker for All Seasons by Tariq Ali." Global Social Sciences Review IV, no. IV (December 30, 2019): 14–20. http://dx.doi.org/10.31703/gssr.2019(iv-iv).03.
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The research attempts to evaluate the nexus between neoliberal global capitalism and neo-imperialism as portrayed in Tariq Ali’s play A Banker for All Seasons (2008) from a Marxist Postcolonial perspective. It applies the theory of World System and Dependency to examine the polarization of the globe into the core, imperialist and peripheral, colonized capitalist economies through the evolution of a capitalist world system in the last five centuries. In the same light, the present study scrutinizes the perpetuation of dependency in the postcolonial, peripheral states by the development of US-centric transnational enterprises which, supported by the national capitalists and neoliberal agenda, economically exploit masses across the globe. A textual analysis of Agha Hasan Abedi’s character in the play highlights the way the global Bank of Credit and Commerce International founded in Pakistan ran neo-imperialist operations and plundered the hard-earned money of its small depositors, benefitting the big capitalists.
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Mihailovskiy, V. S. "REVISION OF NEO-MARXISM: THE CONCEPT OF CAPITALIST STABILITY AS EXEMPLIFIED BY THE "OCCUPY WALL STREET" MOVEMENT." Вестник Пермского университета. Политология 15, no. 3 (2021): 15–23. http://dx.doi.org/10.17072/2218-1067-2021-3-15-23.
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The article substantiates the author's concept of "nonlinear politics of capitalism" as a political-procedural disclosure of the neo-Marxist concept of "unstable stability of global capitalism". The method of justification is the verification of the concept of "nonlinear politics of capitalism" by the empirical material of the anti-globalist protest movement "Occupy Wall Street". The essence of the concept of the "nonlinear politics of capitalism" is that the modern political order of Western states not only opposes alternative ideologies and political practices, but also uses them as a way of its own legitimization and stabilization. The study reveals that in the modern Western capitalist order there is a mystification of capitalism in the multidimensional spectrum of social conflict, where the class contradiction appears as an archaism. There is a reinforcement of anti-capitalist resistance within a model in which all anti-capitalist slogans and demands fit into the ideology of "improving the conditions of exploitation", and anti-capitalist practices legitimize capitalism as an "inclu-sive" political regime. There is a nonlinear political reaction when capitalism shows the greatest strength in those situations that threaten its reproduction the least and vice versa. Such political tactics "channel" anti-capitalist protest, making it manageable and functional for the stable reproduction of capitalism.
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Kumar, Ashok. "Global Workers’ Rights through Capitalist Institutions?" Historical Materialism 23, no. 3 (September 11, 2015): 215–27. http://dx.doi.org/10.1163/1569206x-12341427.
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InWorkers, Unions, and Global Capitalism: Lessons from India, Rohini Hensman maintains that globalisation has afforded workers new opportunities for confronting capitalist exploitation. Using India as a point of departure, Hensman highlights globalisation as paradoxical, challenging anti-globalisers and the globalisation-as-imperialism thesis, to argue that capital’s toilers are now becoming its gravediggers. This analysis also explains why the World Trade Organization (wto) is so appealing to Hensman: a quintessence of capitalism’s contradictions. Hensman argues for both transnational solidarity and independent trade unions, embodied in the ‘employees’ unions’ of India, as well as in favour of thewto’s ‘social clause’ amendment, in which the global exploiter is transformed into an arbiter of workers’ rights. The review maintains that the terms of Hensman’s twin position are impossible to reconcile. It evinces an underlying contradiction between opportunistic statism and a conception of revolutionary strategy predicated on action ‘from below’.
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ŠItera, Daniel. "On New Travels in Space-Time: Theoretical Rediscoveries after the Crisis in (Comparative) Capitalism(s)." New Perspectives 23, no. 2 (September 2015): 77–91. http://dx.doi.org/10.1177/2336825x1502300204.
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This review essay on the books New Directions in Comparative Capitalisms Research and The Future of Capitalism After the Financial Crisis uses the prism of ‘travelling theory’ to appraise whether both edited volumes meet their proclaimed aim to challenge the alleged reductionisms inherent in the Comparative Capitalisms (CC) research and reinvigorate the CC agenda's radical potential to analyse contemporary capitalism in critical and global perspectives. The verdict is affirmative as both volumes (i) introduce new as well as forgotten approaches to combined inter-spatial and inter-temporal comparisons into the CC literature, which then (ii) allows for the rediscovery of a multitude of roads to (knowledge about) really existing capitalisms. However, the essay urges some of the authors to avoid tracing capitalism only at its worst, which leads to an exaggerated intellectual pessimism and fatalism. Finally, putting both volumes into the context of post-socialist Central and Eastern European (CEE) capitalism, the review documents the continuing relevance of empirical discoveries in CEE for developing an expanded critical-global CC scholarship.
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Budolfson, Mark. "Arguments for Well-Regulated Capitalism, and Implications for Global Ethics, Food, Environment, Climate Change, and Beyond." Ethics & International Affairs 35, no. 1 (2021): 83–98. http://dx.doi.org/10.1017/s0892679421000083.
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AbstractDiscourse on food ethics often advocates the anti-capitalist idea that we need less capitalism, less growth, and less globalization if we want to make the world a better and more equitable place. This idea is also familiar from much discourse in global ethics, environment, and political theory, more generally. However, many experts argue that this anti-capitalist idea is not supported by reason and argument, and is actually wrong. As part of the roundtable, “Ethics and the Future of the Global Food System,” the main contribution of this essay is to explain the structure of the leading arguments against this anti-capitalist idea, and in favor of well-regulated capitalism. I initially focus on general arguments for and against globalized capitalism. I then turn to implications for the food, environment, climate change, and beyond. Finally, I clarify the important kernel of truth in the critique of neoliberalism familiar from food ethics, political theory, and beyond—as well as the limitations of that critique.
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Lane, David. "From state socialism to capitalism: The role of class and the world system." Communist and Post-Communist Studies 39, no. 2 (June 1, 2006): 135–52. http://dx.doi.org/10.1016/j.postcomstud.2006.03.003.
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While theories of global capitalism have added a new dimension to our understanding of the dynamics of the modern world, a ‘globalisation’ approach to the transformation of the state socialist societies is relatively underdeveloped. This paper studies the role of international and global factors under state socialism and the world system in the pre-1989 period. The paper considers traditional Marxist approaches to the transition to capitalism and criticises the model of state capitalism as well as the world system approach. In contrast, social actors (the ‘acquisition’ and ‘administrative’ social strata and the global political elite)are identified as playing a major role in the fall of state socialism, and were a nascent capitalist class. The transformation of state socialism, it is contended, had the character of a revolution rather than a shift between different types of capitalism.
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Lane, David. "Emerging Varieties of Capitalism in Former State Socialist Societies." Competition & Change 9, no. 3 (September 2005): 227–47. http://dx.doi.org/10.1179/102452905x55912.
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The transformation of the former state socialist societies involved the introduction of capitalism from above. The current ‘varieties of capitalism’ debate focuses on developed high income capitalist countries, whereas the former state socialist countries come from a low economic base and are in the process of capitalist formation. It is contended that, while levels of capital accumulation are very low, a modern capitalist system of the continental type characterises one group of central European societies. This group approaches the levels of OECD countries with respect to marketisation and has a positive participation in the global economy. A second, relatively poor and weakly coordinated, cluster has the characteristics of low income, primary sector exporting countries, with a very low integration into the global economy. This group is characterised as a hybrid state/market uncoordinated type of market capitalism. A third, relatively coherent, cluster has high levels of state control, relatively little privatisation and an undeveloped market.
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Hudis, Peter. "Non-Linear Pathways to Social Transformation: Rosa Luxemburg and The Post-Colonial Condition." New Formations 94, no. 94 (March 1, 2018): 62–81. http://dx.doi.org/10.3898/newf:94.05.2018.
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Rosa Luxemburg's The Accumulation of Capital, which spurred intense discussion and debate from the moment of its publication in 1913, has taken on new resonance in light of the global expansion of capitalism, the destruction of indigenous cultures and habitats, and capital's reconfiguration of public and private space. No less important is a series of additional works by Luxemburg that address these themes, but which have received far less attention. These include her notes and lectures on pre-capitalist society that were composed as part of her work as a teacher at the German Social Democratic Party's school in Berlin from 1907-14 and her Introduction to Political Economy, which first led her to confront the problem delineated in The Accumulation of Capital. These writings shed new light on the contributions as well as the limitations of her understanding of the internal and external limits to capital accumulation, especially insofar as the ability of non-capitalist formations and practices to survive the domination of capital is concerned. Luxemburg's understanding of the impact of capitalism in undermining noncapitalist strata has crucial ramifications for working out a viable alternative to capitalism today.
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Searle, Rick. "Cities in Global Capitalism." Prometheus 35, no. 2 (April 3, 2017): 161–63. http://dx.doi.org/10.1080/08109028.2018.1503453.
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Vivoda, Vlado. "China challenges global capitalism." Australian Journal of International Affairs 63, no. 1 (March 2009): 22–40. http://dx.doi.org/10.1080/10357710802348302.
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Edwards, Andrew David, Peter Hill, and Juan Neves-Sarriegui. "Capitalism In Global History*." Past & Present 249, no. 1 (November 1, 2020): e1-e32. http://dx.doi.org/10.1093/pastj/gtaa044.
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Hanieh, Adam. "Global Capitalism and Israel." Monthly Review 54, no. 8 (January 5, 2003): 40. http://dx.doi.org/10.14452/mr-054-08-2003-01_5.
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Kiuru, Juho. "Cities in global capitalism." Space and Polity 22, no. 1 (January 2, 2018): 90–92. http://dx.doi.org/10.1080/13562576.2018.1426213.
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Enright, Theresa, Lisa Björkman, Pauline McGuirk, Jamie Peck, Mark Purcell, Allen J. Scott, and Ugo Rossi. "Cities in Global Capitalism." AAG Review of Books 6, no. 1 (January 2, 2018): 59–75. http://dx.doi.org/10.1080/2325548x.2018.1402288.
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Organ, Denis W. "Baseball and global capitalism." Business Horizons 45, no. 5 (September 2002): 1. http://dx.doi.org/10.1016/s0007-6813(02)00236-7.
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Tworek, Heidi J. S., and Simone M. Müller. "Editorial – communicating global capitalism." Journal of Global History 10, no. 2 (June 19, 2015): 203–11. http://dx.doi.org/10.1017/s1740022815000030.
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Buckley, Peter J. "Global capitalism at bay?" International Business Review 11, no. 4 (August 2002): 503–4. http://dx.doi.org/10.1016/s0969-5931(02)00022-7.
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Ferrazzi, Dario. "Cities in global capitalism." Regional Studies 53, no. 5 (February 1, 2019): 771–72. http://dx.doi.org/10.1080/00343404.2019.1565158.
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Haghighi, Farzaneh. "Cities in Global Capitalism." Urban Policy and Research 37, no. 4 (September 11, 2019): 493–95. http://dx.doi.org/10.1080/08111146.2019.1663891.
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Robinson, William I. "Global capitalism post-pandemic." Race & Class 62, no. 2 (August 27, 2020): 3–13. http://dx.doi.org/10.1177/0306396820951999.
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Global capitalism is at the brink of another round of restructuring and transformation based on a much more advanced digitalisation of the entire global economy and society, and the application of fourth industrial revolution technologies. The changing social and economic conditions brought about by the coronavirus pandemic are accelerating the process, helping a new bloc of transnational capital, led by the giant tech companies along with finance and the military-industrial complex, to amass ever-greater power during the pandemic and to consolidate its control over the commanding heights of the global economy. As restructuring proceeds, it will heighten the concentration of capital worldwide, worsen social inequality and aggravate international tensions. Enabled by digital applications, the ruling groups, unless they are pushed to change course by mass pressure from below, will turn to ratcheting up the global police state to contain social upheavals.
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Teubner, Gunther. "Justice Under Global Capitalism?" Law and Critique 19, no. 3 (August 27, 2008): 329–34. http://dx.doi.org/10.1007/s10978-008-9033-y.
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