Richard Westra

Bob Jessop

Robert Albritton

This volume brings together original and timely writings by internationally renowned scholars that reflect on the current trajectories of global capitalism and, in the light of these, consider likely, possible or desirable futures. It offers theory-informed writing that contextualizes empirical research on current world-historic events and trends with an eye towards realizing a future of human, social and economic betterment.

The 21st Century, Present and Future

Political Economy and Global Capitalism

Dennis Badeen

The Future of Capitalism After the Financial Crisis: The Varieties of Capitalism Debate in the Age of Austerity contains thirteen world leading political economists writing from within eight different countries who critically analyze the current crisis tendencies of capitalism both globally and in particular countries. Given the likelihood of an increasingly crisis prone future for capitalism, it is important not only to rethink capitalism in its current manifestations or varieties. It is also important to rethink research methods and conceptual frameworks in preparation for understanding an increasingly rocky future in which capitalism itself could go the way of the many species that in the past were endangered only to become extinct. More and more titles of books and articles are suggesting that capitalism or perhaps civilization itself is endangered if we do not make radical changes in the near future. This book breaks with academic path dependency and attempts to open new vistas of political economy and of multidisciplinary analysis that are crucially important if our thought processes are to be effective in a world in jeopardy. The varieties of capitalism (VoC) debate itself came into being as the Soviet Union unraveled. It drew in scholarship from a cross-section of Marxian and heterodox political economy. The key argument of VoC was that if capitalism was the only global option then those on the Left must get involved in policy discussions on how capitalist economies can be fashioned to become competitive as well as progressive. However, the financial crisis has seen policy across the advanced economies veer toward competitiveness coupled with austerity. The lesson for the Left is that alternatives to capitalism must be sought in the here and now.

The Varieties of Capitalism Debate in the Age of Austerity

The Future of Capitalism After the Financial Crisis

Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in international economics discourse of the designation "emerging markets" is symptomatic of that interest. The Political Economy of Emerging Markets situates the BRICS phenomena in the global economic context of advanced economies continuing to languish in recession and hovering over a deflationary abyss several years after the meltdown. A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomenon is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by ten leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it. This book is of great importance to those who study political economy, development economics and international political economy.

Varieties of BRICS in the Age of Global Crises and Austerity

The Political Economy of Emerging Markets

Exit from Globalization moves from theory to practice: from questions of where incorrigible knowledge of substantive economic life derives and how that knowledge is put towards making a progressive, redistributive, eco-sustainable future of human flourishing. Westra discards at the outset views that the root of current economic ills is the old devil we know, capitalism. Rather, he maintains the neoliberal decades spawned a "Merchant of Venice" economic excrescence bent upon expropriation and rent seeking which will scrape all the flesh from the bones of humanity if not stopped dead in its tracks. En route to providing a viable design for the human future in line with transformatory demands of socialists and Greens, Westra exorcizes both Soviet demons and ghosts of neoliberal ideologues past which lent support to the position that there is no alternative to "the market". Exit from Globalization shows in a clear and compelling fashion that while debates over the possibility of another, potentially socialist, world swirl around this or that grand society-wide scheme, the fact is that creative future directed thinking has at its disposal several economic principles that transformatory actors may choose from and combine in various ways to remake human economic life. The book concludes with an examination of the various social constituencies currently supporting radical change and explores the narrowing pathways to bring change about.

Exit from Globalization

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.

Periodizing Capitalism and Capitalist Extinction

Laura Westra

Klaus Bosselmann

'The ecological challenge demands a paradigm shift in our thinking about the human-environment relation. Reconciling Human Existence with Ecological Integrity provides a state of the art account of work on ecological integrity - and offers a compelling vision for the future. Derek Bell, Senior Lecturer at the School of Geography, Politics and Sociology, University of Newcastle A book of vast scope and richness ... If policymakers around the world took notice of this insightful set of messages, we would all live with greater happiness, health, and wellbeing, with a brighter future for our children and grandchildren. Lawrence O. Gostin, ONeill Professor of Global Health Law, Georgetown University Law Center This book attempts to do in theory what the world needs to do in practice. It is an ecological master plan that shows how we can not only survive but also flourish. James P. Sterba, President of the American Philosophical Association, Central Division Ecosystems have been compared to a house of cards: remove or damage a part and you risk destroying or fundamentally and irreversibly altering the whole. Protecting ecological integrity means maintaining that whole - an aim which is increasingly difficult to achieve given the ever-growing dominance of humanity. This book is the definitive examination of the state of the field now, and the way things may (and must) develop in the future. Written and edited by members of the Global Ecological Integrity Group - an international collection of the worlds most respected authorities in the area - the book considers the extent to which human rights (such as the rights to food, energy, health, clean air or water) can be reconciled with the principles of ecological integrity. The issue is approached from a variety of economic, legal, ethical and ecological standpoints, providing an essential resource for researchers, students and those in government or business in a wide range of disciplines.

Science, Ethics, Economics and Law

Reconciling Human Existence with Ecological Integrity

21.Yüzyil, Bugün ve Yarin

Siyasi Iktisat ve Küresel Kapitalizm

Seongjin Jeong

In this age of overlapping and mutually reinforcing deep global crises (financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.), there needs to be more realistic dialogue about radical alternatives to the status quo. Most literature produced heretofore has focused on the surface causes of these crises without much attention given to the sorts of major societal changes needed in order to deal with the crises we face. This book moves the debate beyond the critiques and the false or not fully realised alternatives, to focus on what can be termed "practical utopias". The contributors to this book outline a range of practical proposals for constructing pathways out of the global economic, ecological and social crisis. Varieties of Alternative Economic Systems eschews a single blueprint but insists on dealing directly with the deep structural problems and contradictions of contemporary global capitalism. It provides a diverse array of complementary proposals and perspectives that can inform both theoretical thinking and practical action. This volume will be of interest to academics and students who study political science, ecological economics, international politics and socialism.

Practical Utopias for an Age of Global Crisis and Austerity

Varieties of Alternative Economic Systems

Martin Hart-Landsberg

This volume provides a unique view of the development of the South Korean Economy. It 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.

Richard Westra

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