Samir Amin

Since its first publication twenty years ago, Eurocentrism has become a classic of radical thought. Written by one of the world’s foremost political economists, this original and provocative essay takes on one of the great "ideological deformations" of our time: Eurocentrism. Rejecting the dominant Eurocentric view of world history, which narrowly and incorrectly posits a progression from the Greek and Roman classical world to Christian feudalism and the European capitalist system, Amin presents a sweeping reinterpretation that emphasizes the crucial historical role played by the Arab Islamic world. Throughout the work, Amin addressesa broad set of concerns, ranging from the ideological nature of scholastic metaphysics to the meanings and shortcomingsof contemporary Islamic fundamentalism. This second edition contains a new introduction and concluding chapter, both of which make the author’s arguments even more compelling.

Eurocentrism

Samir Amin's ambitious new book argues that the ongoing American project to dominate the world through military force has its roots in European liberalism, but has developed certain features of liberal ideology in a new and uniquely dangerous way. Where European political culture since the French Revolution has given a central place to values of equality, the American state has developed to serve the interests of capital alone, and is now exporting this model throughout the world. American imperialism, Amin argues, will be far more barbaric than earlier forms of imperialism, pillaging natural resources and destroying the lives of the poor. The Liberal Virus examines the ways in which the American model is being imposed on the world, and outlines its economic and political consequences. It shows how both citizenship and class consciousness are diluted in "low-intensity democracy" and argues instead for democratization as an ongoing process—of fundamental importance for human progress—rather than a fixed constitutional formula designed to support the logic of capital accumulation. In a panoramic overview, Amin examines the objectives and outcomes of American policy in the different regions of the world. He concludes by outlining the challenges faced by those resisting the American project today: redefining European liberalism on the basis of a new compromise between capital and labor, re-establishing solidarity among the people of the South, and reconstructing an internationalism that serves the interests of regions that are currently divided against each other.

Permanent War and the Americanization of the World

The Liberal Virus

Empire of Chaos

Fī naqd al-khiṭāb al-ʻArabī al-rāhin

In his new extensively revised and expanded edition of this book, originally published as The Law of Value and Historical Materialism, Samir Amin suggests new approaches to Marxian analysis of the crisis of the late capitalist system of generalized, financialized, and globalized oligopolies following on the financial collapse of 2008. Considering that Marx's Capital, written before the emergence of imperialism as a decisive factor in capitalist accumulation, could provide no explanation for the persistent "underdevelopment" of the countries of the "global South," Amin advances several important theoretical concepts extending traditional Marxian views of capitalist evolution. Most strikingly, he proposes adding to the model of reproduction in Volume II of Capital a Third Department of Production devoted to surplus absorption, necessitated by the capitalist tendency constantly to produce an economic surplus too large to be realized by the consumption and investment purchases generated within Marx's original two-department model. Equally interesting is his theoretical concept of "imperialist rent," derived from the scaling of radically different wages paid for the same labor in countries of the North and the South, whose effect has been to provide Northern capital with sufficient profits to permit it to pacify for a long period its conflict with the Northern proletariat. To account for this new type of rent he extends the Marxian "law of value" in the form of a "law of globalized value" whose operations determine such changes in the polarized world system as the industrial growth of many Third-World nations within the global imperialist context.

Second Edition

The Law of Worldwide Value

Somente os povos fazem sua própria história

قانون القيمة المعولمة

Thawrat Miṣr wa-ʻalāqatuhā bi-al-azmah al-ʻālamīyah

A Critique of the Theory of Underdevelopment

Accumulation on a World Scale

An Essay on the Social Formations of Peripheral Capitalism

Unequal Development

In this slim, insightful volume, noted economist Samir Amin returns to the core of Marxian economic thought: Marx’s theory of value. He begins with the same question that Marx, along with the classical economists, once pondered: how can every commodity, including labor power, sell at its value on the market and still produce a profit for owners of capital? While bourgeois economists attempted to answer this question according to the categories of capitalist society itself, Marx sought to peer through the surface phenomena of market transactions and develop his theory by examining the actual social relations they obscured. The debate over Marx’s conclusions continues to this day. Amin defends Marx’s theory of value against its critics and also tackles some of its trickier aspects. He examines the relationship between Marx’s abstract concepts—such as “socially necessary labor time”—and how they are manifested in the capitalist marketplace as prices, wages, rents, and so on. He also explains how variations in price are affected by the development of “monopoly- capitalism,” the abandonment of the gold standard, and the deepening of capitalism as a global system. Amin extends Marx’s theory and applies it to capitalism’s current trajectory in a way that is unencumbered by the weight of orthodoxy and unafraid of its own radical conclusions.

Three Essays on Marx’s Value Theory

Imperialism and Unequal Development

The Implosion of Contemporary Capitalism

Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.

Monopoly Capital and Marx's Law of Value

Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value

Comparison of the economies of Ghana, the Gambia, and the nine French speaking African countries of West Africa, with particular reference to the role of European foreign investment therein - covers the historical impact of colonialism on economic development, the dependence on foreign trade, the plantations and the agricultural economy, etc., and considers alternatives for improving the balance of payments. Bibliography pp. 280 to 289 and statistical tables.

Neo-colonialism in West Africa

Amin, one of the most influential economists today, examines the changing notion of crisis in capitalism; misconceptions of the free market model; the various distortions of Marx's method; the role of culture in revolutions; the decline of the "law of value" in economics; the philosophical roots of postmodernism; how telecommunications affect ideology; and the myth of "pure economics."

A Critique of Current Intellectual Fashions

Spectres of Capitalism

سمير أمين

أزمة المجتمع العربي

The law of worldwide value -- Further comments on Marx's Capital and historical capitalism -- Essays on Marx's value theory -- Index

Food Movements Unite! Strategies to transform our food systems The present corporate food regime dominating the planet’s food systems is environmentally destructive, financially volatile and socially unjust. Though the regime’s contributions to the planet’s four-fold food-fuel-finance and climate crises are well documented, the “solutions” advanced by our national and global institutions reinforce the same destructive technological path, the same global market fundamentalism, and the same unregulated consolidation of corporate power in the food system that brought us the crisis in the first place. A dynamic global food movement has risen up in the face of this sustained corporate assault on our food systems. Around the world, local food justice activists have taken back pieces of the food system through local gardening, organic farming, community-supported agriculture, farmers markets, and locally-owned processing and retail operations. Food sovereignty advocates have organized locally and internationally for land reform, the end of destructive free trade agreements, and support for family farmers, women and peasants. Protests against—and viable alternatives to—the expansion of GMOs, agrofuels, land grabs and the oligopolistic control of our food, are growing everywhere every day, giving the impression that food movements are literally “breaking through the asphalt” of a reified corporate food regime. The social and political convergence of the “practitioners” and “advocates” in these food movements is also well underway, as evidenced by the growing trend in local-regional food policy councils in the US, coalitions for food sovereignty spreading across Latin America, Africa, Asia and Europe, and the increasing attention to practical-political solutions to the food crisis appearing in academic literature and the popular media. The global food movement springs from strong commitments to food justice, food democracy and food sovereignty on the part of thousands of farmers unions, consumer groups, faith-based, civil society and community organizations across the urban-rural and north-south divides of our food systems. This magnificent “movement of movements” is widespread, highly diverse, refreshingly creative—and politically amorphous. Food Movements Unite! is a collection of essays by food movement leaders from around the world that all seek to answer the perennial political question: What is to be done? The answers—from the multiple perspectives of community food security activists, peasants and family farm leaders, labor activists, and leading food systems analysts—will lay out convergent strategies for the fair, sustainable, and democratic transformation of our food systems. Authors will address the corporate food regime head on, arguing persuasively not only for specific changes to the way our food is produced, processed, distributed and consumed, but specifying how these changes may come about, politically.

Strategies to Transform Our Food System

Food Movements Unite!

Renowned political economist Samir Amin, engaged in a unique lifelong effort both to narrate and affect the human condition on a global scale, brings his analysis up to the present—the world of 2013. The key events of our times—financial crisis, the emerging nations, globalization, financialization, political Islam, Euro–zone implosion—are related in a coherent, historically based, account. Changes in contemporary capitalism require an updating of definitions and analysis of social classes, class struggles, political parties, social movements and the ideological forms in which they express their modes of action in the transformation of societies. Amin meets this challenge and lays bare the reality of monopoly capitalism in its general, global form. Ultimately, Amin demonstrates that this system is not viable and that the implosion in progress is unavoidable. Whether humanity will rise to the challenge of building a more humane global order free of the contradictions of capital, however, is yet to be seen.

Samir Amin

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