THE MAKING OF GLOBAL CAPITALISM: THE POLITICAL ECONOMY OF AMERICAN EMPIRE
By Sam Gindin and Leo Panitch
NEW FROM VERSO
WINNER OF THE 2013 DEUTSCHER MEMORIAL PRIZE
“Lucid and indispensable guides to the history and practice of American Empire.”
– Naomi Klein, award winning journalist and author of THE SHOCK DOCTRINE
“The most important leftist book of the year, and probably the decade.”– THE STRANGER
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.
THE MAKING OF GLOBAL CAPITALISM, through its highly original analysis of the first great economic crisis of the twenty-first century, 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 transforming nation states and transcending global markets.
“Combining the ferocity of investigative reporters, sophisticated skills in interpreting the historical archive, and a profound grasp of theory, Leo Panitch and Sam Gindin provide an astonishingly illuminating account of the making of global capitalism through the organization of a global financial system under US hegemony since World War II. If we are, as it seems, destined to live under the dictatorship of the world’s central bankers then it is vital for everyone to know how this came about and what the current fault lines might be that hold out prospects for strong anti-capitalist struggles to emerge. A must read for everyone who is concerned about where the future of capitalism might lie.”
– David Harvey, CUNYGraduateCenter, author of A BRIEF HISTORY OF NEOLIBERALISM
“Left-leaning intellectuals examine the exceptional role of the United States in the development of global capitalism …. [a] densely detailed work.”– KIRKUS REVIEW
Sam Gindin is the former Research Director of the Canadian Autoworkers Union and Packer Visiting Chair in Social Justice at YorkUniversity. Among his many publications, he is the author (with Greg Albo and Leo Panitch) of IN AND OUT OF CRISIS: THE GLOBAL FINANCIAL MELTDOWN and LEFT ALTERNATIVES.
Leo Panitch is Canada Research Chair in Comparative Political Economy and Distinguished Research Professor of Political Science at YorkUniversity. Editor of THE SOCIALIST REGISTER for 25 years, his many books include WORKING CLASS POLITICS IN CRISIS, A DIFFERENT KIND OF STATE, THE END OF PARLIAMENTARY SOCIALISM, and AMERICAN EMPIRE AND THE POLITICAL ECONOMY OF GLOBAL FINANCE.
Paperback / ISBN: 9781781681367 / $19.95 / £12.99 / $22.95CAN / 464 pages
Also available as an Ebook
For more information on THE MAKING OF GLOBAL CAPITALISM: THE POLITICAL ECONOMY OF AMERICAN EMPIRE or to buy the book visit: http://www.versobooks.com/books/1527-the-making-of-global-capitalism
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