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Political Economy and Globalization
Based upon distinguishing capitalism from other economic systems, as well as analysis of capitalist change across its stages of development, Richard Westra argues that the economic tendencies we refer to as globalization constitute a world historic transition away from capitalism. Westra forcefully rejects claims from both Right and Left sides of economic debate that globalization embodies the ultimate world diffusion of capitalism. He concludes that the choice facing humanity is no longer between capitalism and socialism but between socialism and global barbarism. The argument is meticulously interwoven through four key foci of political economy - The role of Marx’s Capital in producing k...
Sustainability and Communities of Place
The concept of sustainability holds that the social, economic, and environmental factors within human communities must be viewed interactively and systematically. Sustainable development cannot be understood apart from a community, its ethos, and ways of life. Although broadly conceived, the pursuit of sustainable development is a local practice because every community has different needs and quality of life concerns. Within this framework, contributors representing the disciplines of anthropology, sociology, geography, economics, law, public policy, architecture, and urban studies explore sustainability in communities in the Pacific, Latin America, Sub-Saharan Africa, Eastern Europe, and North America. Contributors: Janet E. Benson, Karla Caser, Snjezana Colic, Angela Ferreira, Johanna Gibson, Krista Harper, Paulo Lana, Barbara Yablon Maida, Carl A. Maida, Kenneth A. Meter, Dario Novellino, Deborah Pellow, Claude Raynaut, Thomas F. Thornton, Richard Westra, Magda Zanoni
Beyond Liberal Egalitarianism
Progressive theorists and activists insist that contemporary capitalism is deeply flawed from a normative point of view. However, most accept the liberal egalitarian thesis that the serious shortcomings of market societies (financial excess, inequality, and so on) could be overcome with proper political regulation. Building on Marx's legacy, Tony Smith argues in Beyond Liberal Egalitarianism that advocates of this thesis (Rawls, Habermas, Stiglitz, et al.) lack an adequate concept of capital and the state. These theorists also fail to comprehend new developments in world history ensuring that the 'destructive' aspects of capitalism increasingly outweigh whatever 'creative' elements it might continue to possess. Smith concludes that a normative social theory adequate to the twenty-first century must explicitly and unequivocally embrace socialism.
Economics, Science and Capitalism
Various strains of heterodox economics have sought, and largely failed, to dismount orthodoxy from its dominant position. This book critiques the criticizers, explaining why heterodox economics challenges have faltered, and then presents a coherent alternative paradigm of its own. This simultaneously exposes the vacuousness of neoclassical economics, the limitations of heterodox critique and the subverting of Karl Marx’s revolutionary economic thought by his own disciples. The book draws in particular on two key intellectual traditions in making its arguments: critical realism and Marxism. From the refounding of critical realist philosophy of science in the hands of Roy Bhaskar, emphasis i...
Marxist Perspectives on South Korea in the Global Economy
This volume brings together work by international scholars to provide a unique analysis of the past, present and possible future trajectory of Korea's political economy from a distinctly Marxist perspective. The volume differentiates the Marxian approach to the political economy of Korean development from the Keynesian, social democratic approach that currently dominates the critical literature. In doing so the volume provides a unique view of the development of the South Korean Economy.
Confronting Global Neoliberalism
With the world’s attention fixed on the travails of leading global economies due to a still unfolding financial crisis of gigantic proportions, there has been a studied silence on the fate of the third world as the malaise increasingly impacts it. This silence is particularly disturbing because questions of potential pitfalls in the neoliberal policy package, which the third world (unlike Western Europe and Japan) was largely forced to adopt, were never countenanced. as One third world state after another discovered that international institutions were in effect hostile to their governments if they chose alternative developmental models or otherwise resisted the neoliberal triage of libera...
Periodizing Capitalism and Capitalist Extinction
This book offers the first systematic exposition and critique of the major approaches to periodizing capitalism, bringing to bear both deep rooted theoretical questions and meticulous empirical analysis to grapple with the seismic economic changes capitalism has experienced over the past 150 years. Westra asks why - despite the anarchic and crises tendencies captured in radical analyses - capitalism manages to reload in a structured stage that realizes a period of relatively stable accumulation. He further evaluates arguments over the economic forces bringing stages of capitalist development to a crashing end. Particular attention in the periodization literature is devoted to examining the economy of the post World War II golden age and what followed its unceremonious demise. The final chapters assess whether what is variously dubbed neoliberalism, globalization or financialization can be understood as a stage of capitalism or, rather, an era of capitalist disintegration and extinction.
Aesth/ethics in Environmental Change
Can aesthetics and ethics be integrated for the good of habitats, places, and spaces? How can the arts widen our perception of nature and deepen environmental ethics? Should the political meaning of a landscape be defined solely in terms of its economic and ecological values? Questions like these are explored from the angles of arts, environmental ethics, ecology, religious studies, theology, art history, and philosophy. The book prompts discussion about the aesthetic and spiritual dimension in the environmental humanities, and it offers transdisciplinary insights into the challenge of sustainability and ongoing changes in society and the environment. (Series: Studies in Religion and the Environment / Studien zur Religion und Umwelt - Vol. 7)
Marxism and Ecological Economics
This book undertakes the first general assessment of ecological economics from a Marxist point of view, and shows how Marxist political economy can make a substantial contribution to ecological economics. The analysis is developed in terms of four basic issues: (1) nature and economic value; (2) the treatment of nature as capital; (3) the significance of the entropy law for economic systems; (4) the concept of sustainable development. In each case, it is shown that Marxism can help ecological economics fulfill its commitments to multi-disciplinarity, methodological pluralism, and historical openness. In this way, a foundation is constructed for a substantive dialogue between Marxists and ecological economists.
The Japanese Economy and Economic Issues since 1945
First Published in 1999. The best scholarship on the development of contemporaryJapan This collection presents well over 100 scholarly articles on modern Japanese society, written by leading scholars in the field. These selections have been drawn from the most distinguished scholarly journals as well as from journals that are less well known among specialists; and the articles represent the best and most important scholarship on their particular topic. Anunderstanding of the present through the lens of the past The field of modern Japan studies has grown steadily as Westerners have recognized the importance of Japan as a lading world economic force and an emerging regional power. The post-19...
