System In Crisis : The Dynamics of Free Market Capitalism Paperback / softback
by Henry Veltmeyer, James Petras
Paperback / softback
Description
In the late 1960s the operating world capitalist system hit a snag, exposing cracks that went to its very foundations.
At first, this crisis was viewed as part of a normal business cycle of capital accumulation in which markets become saturated.
The reaction created a mass of unemployed workers, reduced purchasing power and consumption capacity which initiated a further downward cycle of disinvestment and recession.
The efforts to revitalize the capitalist system included the restructuring of world production, new information-based technologies designed to revolutionize the structure of production, a new mode of capital accumulation and regulatory regime, and a program of policy reforms and structural adjustments. By discussing the very cracks that neo-liberalism tries to disguise, James Petras and Henry Veltmeyer explain how these reactions attempt to prop up a system that continues to fail the global community.
System in Crisis also examines the nature of the class divisions and the political repercussions of the anti-globalization movement.
This analysis provides readers with a more general perspective on the broader anti-globalization movement and the possibilities for unifying the diverse forces of resistance and opposition to neo-liberalism, capitalism and imperialism-and the prospects for an alternative, more human, socialist form of development.
Information
-
Out of stock
- Format:Paperback / softback
- Pages:240 pages
- Publisher:Fernwood Publishing Co Ltd
- Publication Date:29/02/2024
- Category:
- ISBN:9781552661154
Other Formats
- Hardback from £58.15
- Paperback / softback from £17.75
Information
-
Out of stock
- Format:Paperback / softback
- Pages:240 pages
- Publisher:Fernwood Publishing Co Ltd
- Publication Date:29/02/2024
- Category:
- ISBN:9781552661154