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 : The Political Economy of American Empire - Leo Panitch & Sam Gindin
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£24.99