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This book investigates how extractive capitalism has developed over the past three decades, what dynamics of resistance have been deployed to combat it, and whether extractivism can ever be transformed into being a part of a progressive development path.
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.
Capitalism is a system in crisis. In the context of an urgent need for an alternative system, Cuba provides valuable lessons. The Cuban Revolution's unique features have allowed it to survive both the conditions that brought about the collapse of the Soviet model of socialism and the renewed assault of US imperialism. The Revolution also serves
Perhaps no word today is used and misused more than globalization. It generally serves to refer to worldwide epoch-defining changes in the organization of societies, economies and politics. But as Petras and Veltmeyer demonstrate, the term globalization obscures much more than it reveals.
A renewed call for radical change and systemic transformation in the face of an emerging, new form of capitalist imperialism
We live in a time of dynamic, but generally regressive regime change - a period in which major political transformations and a rollback of a half-century of legislation are accelerated under conditions of a prolonged and deepening economic crisis and a worldwide offensive against the citizenry and the working class.
Offering a systematic, critical analysis of the presidency of Fernando Cardoso, this ambitious case study assesses government policies within the framework of the new economic model of globalization and structural adjustment.
The authors trace out the development of capitalism and U.S. imperialism in Latin America in the latest phase of this development, from the installation of the new world order of neoliberal globalization in the early 1980s to the present when U.S. imperialism is held at bay, neoliberalism is in decline, and capitalism is in crisis.
A contribution to the debate around Hardt & Negri's 'Empire without Imperialism'.
This study examines fundamental theoretical and conceptual issues of social change in Latin America in the context of detailed empirical analysis. The study centers on the structural features of Latin America and the state policies reconcentrating power in the capitalist class at the expense of labor.
The 2003 electoral victory of Lucio Gutierrez in Ecuador was met with the same sense of optimism that greeted the election of Ignacio 'Lula' da Silva in Brazil, and Hugo Chavez in Venezuela. Gutierrez's victory was viewed as a major advance for the country in its 500 year-long struggle for freedom and democracy. *BR**BR*In Bolivia, Evo Morales similarly came within an electoral whisker of achieving state power in 2002, and in 2003 Nestor Kirchner became President of Argentina. *BR**BR*Many journalists , academics and politicians speak of a "e;left-turn"e; in Latin America, characterizing these regimes as "e;center -left"e;. They came to power on the promise of delivering a fundamental change of direction that would steer their countries away from neo-liberal economic policies, and towards greater social equity. Their success awakened major hopes on the Left for a new dawn in Latin American politics. *BR**BR*This book challenges these assumptions. It critically examines their agreements with the IMF, their social and economic policies, and the economic ties of leading policy makers, as well as the beneficiaries and losers under these regimes. *BR**BR*Latin America is unique in that it has experienced two decades of popular resistance to neo-liberal policies: each of the four countries examined here has a rich history of diverse indigenous and working class movements coming together to promote radical political change. *BR**BR*The authors examine the political dynamics between the state and its agenda, and the strategy of mass mobilisation taken by the mass movements. They explore the intensifying conflicts between the movements and their former allies in the state.
This study examines fundamental theoretical and conceptual issues of social change in Latin America in the context of detailed empirical analysis. The study centers on the structural features of Latin America and the state policies reconcentrating power in the capitalist class at the expense of labor.
The Politics of Agrarian Reform in Brazil examines the interrelationships among peasant mobilization, agrarian reform and cooperativism in contemporary Brazil.
This text looks at globalization through the lens of Atlantic Canadians and their relationship with both the global economy and the country at large.
"With irony, insight, and elegant simplicity, Veltmeyer shows us how the power of money and the power of collective commitment interact in the sweepstakes of social history." - Jan Knippers Black, Monterey Institute for International Studies
The growing polarization between the rich and powerful and the poor and powerless, the yawning social and developmental divide and the multidimensional systemic crisis of capitalism have given rise to a fundamental problem of our times: barbarism or socialism? Will we continue on the path of capitalist barbarism or move to a more just socialist ...
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