The Challenge of Global Capitalism

Robert Gilpin, author of the widely acclaimed Political Economy of International Relations (Princeton, 1987), urges us, however, not to take an open and integrated global economy for granted.

Author: Robert Gilpin

Publisher: Princeton University Press

ISBN: 0691186472

Category: Business & Economics

Page: 373

View: 561

Many individuals proclaim that global capitalism is here to stay. Unfettered markets, they argue, now drive the world, and all countries must adjust, no matter how painful this may be for some. Robert Gilpin, author of the widely acclaimed Political Economy of International Relations (Princeton, 1987), urges us, however, not to take an open and integrated global economy for granted. Rather, we must consider the political circumstances that have enabled global markets to function and the probability that these conditions will continue. Gilpin's new book amounts to a magisterial inquiry into all major aspects of the contemporary world political economy. Beginning with the 1989 end of the Cold War and the subsequent collapse of communism, it focuses on globalization and rapid technological change and covers a broad sweep of economic developments and political cultures. Gilpin demonstrates the fragility of a global and integrated economy and recommends what can be done to strengthen it. The international community has another chance to solidify the global market economy that collapsed with the outbreak of World War I. Yet, writes Gilpin, the full implications of this historic development for international affairs are not yet clear. Will socialist economies make a successful transition to market-type economies? What role will a dynamic China play in the world economy? Will the United States continue to exercise leadership or gravitate toward self-centered policies? Gilpin explores such questions along with problems in the areas of trade liberalization, multinational corporations, and destabilizing financial flows. He also investigates the struggles of less developed countries and the spread of economic regionalism, particularly in Europe, North America, and Pacific Asia, which directly threatens an open world economy. The author maintains that global capitalism and economic globalization have rested and must continue to rest on a secure political foundation. However, this foundation has eroded since the end of the Soviet threat. To ensure survival of the global economy, Gilpin concludes, the United States and other major powers must recommit themselves to working together to rebuild its weakened political foundations.

The Making of Global Capitalism

What was particularly significant, especially in the context of the challenge from
the Third World coinciding with the crisis of Keynesianism, was actually the
further integration of European, Japanese and American capital, as well as
intensive ...

Author: Leo Panitch

Publisher: Verso Trade

ISBN: 1781681368

Category: History

Page: 470

View: 627

A study of the development of postwar global capitalism focuses on the American state to argue that its distinctiveness lies in an ability to distinguish its own capital interest and restructure other states to spread resilient capitalist social relations, examining recent economic crises and internal conflicts that are giving rise to new movements.

Making Globalization Good

Table of contents

Author: John H. Dunning

Publisher: Oxford University Press

ISBN: 9780199275229

Category: Business & Economics

Page: 385

View: 731

How can we develop a global economic architecture which is efficient, morally acceptable, geographically inclusive, and sustainable over time? Leading thinkers in international business and ethics identify the pressing moral issues which global capitalism must answer.

Latin America and Global Capitalism

This ambitious volume chronicles and analyzes from a critical globalization perspective the social, economic, and political changes sweeping across Latin America from the 1970s through the present day.

Author: William I. Robinson

Publisher: JHU Press

ISBN: 080189039X

Category: Business & Economics

Page: 412

View: 288

This ambitious volume chronicles and analyzes from a critical globalization perspective the social, economic, and political changes sweeping across Latin America from the 1970s through the present day. Sociologist William I. Robinson summarizes his theory of globalization and discusses how Latin America’s political economy has changed as the states integrate into the new global production and financial system, focusing specifically on the rise of nontraditional agricultural exports, the explosion of maquiladoras, transnational tourism, and the export of labor and the import of remittances. He follows with an overview of the clash among global capitalist forces, neoliberalism, and the new left in Latin America, looking closely at the challenges and dilemmas resistance movements face and their prospects for success. Through three case studies—the struggles of the region's indigenous peoples, the immigrants rights movement in the United States, and the Bolivarian Revolution in Venezuela—Robinson documents and explains the causes of regional socio-political tensions, provides a theoretical framework for understanding the present turbulence, and suggests possible outcomes to the conflicts. Based on years of fieldwork and empirical research, this study elucidates the tensions that globalization has created and shows why Latin America is a battleground for those seeking to shape the twenty-first century’s world order.

A Local History of Global Capital

However, though global capital imposed similar conditions, it did not produce
uniformity and homogeneity. Instead, peasant households responded to the
challenges and opportunities of global commodity markets with initiative and
creativity, ...

Author: Tariq Omar Ali

Publisher: Princeton University Press

ISBN: 0691170231

Category: History

Page: 272

View: 101

Before the advent of synthetic fibers and cargo containers, jute sacks were the preferred packaging material of global trade, transporting the world's grain, cotton, sugar, tobacco, coffee, wool, guano, and bacon. Jute was the second-most widely consumed fiber in the world, after cotton. While the sack circulated globally, the plant was cultivated almost exclusively by peasant smallholders in a small corner of the world: the Bengal delta. This book examines how jute fibers entangled the delta's peasantry in the rhythms and vicissitudes of global capital. Taking readers from the nineteenth-century high noon of the British Raj to the early years of post-partition Pakistan in the mid-twentieth century, Tariq Omar Ali traces how the global connections wrought by jute transformed every facet of peasant life: practices of work, leisure, domesticity, and sociality; ideas and discourses of justice, ethics, piety, and religiosity; and political commitments and actions. Ali examines how peasant life was structured and restructured with oscillations in global commodity markets, as the nineteenth-century period of peasant consumerism and prosperity gave way to debt and poverty in the twentieth century. A Local History of Global Capital traces how jute bound the Bengal delta's peasantry to turbulent global capital, and how global commodity markets shaped everyday peasant life and determined the difference between prosperity and poverty, survival and starvation.

China and the Transformation of Global Capitalism

This dramatic transition coincided with the beginning of the profound
transformation of global capitalism , a transformation commonly known as “
globalization , ” which helped unleash decades of rapid economic expansion in
China .

Author: Ho-fung Hung

Publisher:

ISBN:

Category: Business & Economics

Page: 212

View: 398

This volume explains China's economic rise and liberalization and assesses how this growth is reshaping the structure and dynamics of global capitalism in the twenty-first century. China has historically been the center of Asian trade, economic, and financial networks, and its global influence continues to expand in the twenty-first century. In exploring the causes for and effects of China's re surging power, this volume takes a broad, long-term view that reaches well beyond economics for answers. Contributors explore the vast web of complex issues raised by China's ascendancy. The first three chapters discuss the global and historical origins of China's shift to a market economy and that transformation's impact on the international market system. Subsequent essays explore the ability of large Chinese manufacturers to counter the might of transnational retailers, the effect of China's rise on world income distribution and labor, and the consequences of a stronger China for its two most powerful neighbors, Russia and Japan. The concluding chapter questions whether China's growth is sustainable and if it will ultimately shift the center of global capitalism from the West to the East.

The European Union and Global Capitalism

This book draws on critical theory to introduce readers to ways of exploring questions about the EU from a political economy perspective, questions like: Does the EU help or hinder Europe's 'social models' to face the challenges of ...

Author: Magnus Ryner

Publisher: Macmillan International Higher Education

ISBN: 1137608919

Category: Political Science

Page: 288

View: 642

This book draws on critical theory to introduce readers to ways of exploring questions about the EU from a political economy perspective, questions like: Does the EU help or hinder Europe's 'social models' to face the challenges of globalization? Does the EU represent a break from Europe's imperial past? What were the causes of the Eurozone crisis?

Global Political Economy

This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, ...

Author: Robert Gilpin

Publisher: Princeton University Press

ISBN: 140083127X

Category: Political Science

Page: 440

View: 464

This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

Current Issues in Globalization

This book brings together a wide range of expertise addressing these issues from the perspective of authors from around the world.

Author: Robert E. Westerfield

Publisher: Nova Publishers

ISBN: 9781590338117

Category: Political Science

Page: 216

View: 958

People around the globe are more connected to each other than ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available to the rest of the world. International travel is more frequent. International communication is commonplace. This phenomenon has been titled globalisation. The Era of Globalisation is fast becoming the preferred term for describing the current times. Just as the Depression, the Cold War Era, the Space Age, and the Roaring 20's are used to describe particular periods of history, globalisation describes the political, economic, and cultural atmosphere of today. While some people think of globalisation as primarily a synonym for global business, it is much more than that. not exist also allow social activists, labour organisers, journalists, academics, and many others to work on a global stage. This book brings together a wide range of expertise addressing these issues from the perspective of authors from around the world. Contents: Preface; From Westernisation to the Whirl of Globality: Conceptualising Globalisation and its Effects on Local Societies; Globalisation and Competitiveness: A Comparative Analysis of Selected Developing Countries vs. Industrial Countries; Globalisation, Marginalisation and Growth in Emerging Market Economies; Globalisation of Real Estate Markets and Urban Development in Central Europe; The Challenges of Globalisation: The Role of the World Bank; The Meaning and Limitation of Public Life under Global Capitalism; Violence and State (Re)Formation in the African Context: Global and Local Aspects of Crisis and Change; State Ideology, Global Economy and Coping Strategies; Index.

Capitalism in Asia

Yet the old implication remained that non - European cultures mitigate the
universality of capitalism . New thinking about this problem has moved along two
broad trajectories . One assumes that a singular , unitary capitalism defines the
world ...

Author: David E. Ludden

Publisher: Assn for Asian Studies Incorporated

ISBN:

Category: Business & Economics

Page: 250

View: 915


Global Politics in a Changing World

10.1 The Challenge of Global Capitalism Robert Gilpin The chapter's first
selection, by retired Princeton University political economist Robert Gilpin,
explores the importance of today's economic globalization in 1 Jeffrey Sachs, "
International ...

Author: Richard W. Mansbach

Publisher: Houghton Mifflin College Division

ISBN: 9780618522804

Category: Political Science

Page: 468

View: 166

This unique reader goes beyond the traditional concept of international relations as simply interactions between states. It instead addresses all the players in the current global political scene, from international companies and intergovernmental organizations to traditional states and terrorist organizations. Global Politics blends conceptual writings on international relations with current events coverage from journalistic sources. Case materials are drawn from all major geographic regions in order to emphasize the global nature of these issues in the post–Cold War period. Each chapter approaches the key topics first from a scholarly/theoretical view, then follows with readings presenting a news/current events context. The readings provide a stimulus for informed debate and discussion, and they encourage students to view daily events as part of a larger process of change. Up-to-date readings, editorials, and news items drawn from a distinctive blend of scholarly and journalistic sources keep students informed of the latest international issues and events. Each chapter is framed by an brief essay at the beginning and a series of topics for consideration at the close. This technique creates a context for the reading and provides a starting point for class discussions.

Disposable Women and Other Myths of Global Capitalism

Disposable Women and Other Myths of Global Capitalism follows this myth inside the global factories and surrounding cities in northern Mexico and in southern China, illustrating the crucial role the tale plays in maintaining not just the ...

Author: Melissa Wright

Publisher: Routledge

ISBN: 1136081542

Category: Social Science

Page: 208

View: 354

Everyday, around the world, women who work in the Third World factories of global firms face the idea that they are disposable. Melissa W. Wright explains how this notion proliferates, both within and beyond factory walls, through the telling of a simple story: the myth of the disposable Third World woman. This myth explains how young women workers around the world eventually turn into living forms of waste. Disposable Women and Other Myths of Global Capitalism follows this myth inside the global factories and surrounding cities in northern Mexico and in southern China, illustrating the crucial role the tale plays in maintaining not just the constant flow of global capital, but the present regime of transnational capitalism. The author also investigates how women challenge the story and its meaning for workers in global firms. These innovative responses illustrate how a politics for confronting global capitalism must include the many creative ways that working people resist its dehumanizing effects.

Rugman Reviews International Business

The Challenge of Global Capitalism : The World Economy in the 21st Century
Robert Gilpin Princeton , NJ : Princeton University Press , 2000 , 385 pp . * This is
a thoughtful and beautifully written account of the political aspects of economic ...

Author: Alan M. Rugman

Publisher:

ISBN:

Category: Business & Economics

Page: 322

View: 179

Alan Rugman draws together 100 reviews that chart the development of International Business theory in recent decades. This book is essential for all students with an interest in unpacking the history, scope and possibilities that are implicit in any discussion of international business.

Impact International

However , the flavour markedly different from that of initial socialist challenge did
not build | Washington Consensus . its case on purely economic grounds . . . .
Global capitalism is now being Robert Owen , St Simon , and others challenged
on ...

Author:

Publisher:

ISBN:

Category: Islam

Page:

View: 391


Global Capitalism and the Indian Economy

CHAPTER 4 The Challenge to the South , the report of the South Commission (
Oxford University Press , 1990 ) is by far the best account of the changes that
came about in the global economy in the 1980s . It is , of course , written from a ...

Author: C. T. Kurien

Publisher:

ISBN:

Category: Capitalism

Page: 132

View: 785

This Tract Deals With The Relationship Between The Indian Economy, And The Global Economy Now Substantially Under Capitalist Control. The Global Economy Has Been Undergoing Some Major Changes From The 1980S, And Since The Introduction Of The Reform Measures In July 1991, Indian Economy Is Being Increasingly Linked To It. This Linking Is Frequently Referred To As Liberalisation And The Globalisation Of The Indian Economy. It Is The Nature And Implications Of That Connection That Is Critically Examined In This Tract.

Global Capitalism and the Crisis of Humanity

The TNS as an Organizer of the TCC Do global corporate and political/
institutional elites constitute a coherent ruling class as ... For ruling groups, the
challenge is how to develop instruments and institutions that allow global
capitalism to be ...

Author: William I. Robinson

Publisher: Cambridge University Press

ISBN: 1107067472

Category: Business & Economics

Page: 258

View: 164

This book discusses the nature of the new global capitalism, the rise of a globalized production and financial system, a transnational capitalist class, and a transnational state and warns of the rise of a global police state to contain the explosive contradictions of a global capitalist system that is crisis-ridden and out of control.

False Dawn

Argues that societies and peoples all over the world are being forced to participate in an experiment in liberal social engineering.

Author: John Gray

Publisher: ReadHowYouWant.com

ISBN: 1459603214

Category:

Page: 464

View: 889

powerful and prophetic challenge to globalization from a former partisan of the New Right. Hailed by Kirkus Reviews as both ''a convincing analysis of an international economy '' and a ''powerful challenge to economic orthodoxy, '' False Dawn shows that the attempt to impose the Anglo-American-style free market on the world will create a disaster, possibly on the scale of Soviet communism. Even America, the supposed flagship of the new civilization, risks moral and social disintegration as it loses ground to other cultures that have never forgotten that the market works best when it is embedded in society. John Gray, well known in the 1980s as an important conservative political thinker, whose writings were relied upon by Margaret Thatcher and the New Right in Britain, has concluded that the conservative agenda is no longer viable. In his examination of the ripple effects of the economic turmoil in Russia and Asia on our collective future, Gray provides one of the most passionate polemics against the utopia of the free market since Carlyle and Marx.

The Challenge of Refurbished State Capitalism Implications for the Global Political Economic Order

Abstract: Will the global financial crisis of 2008 represent a symbolic juncture in the geo-economics of globalization?

Author: Christopher A. McNally

Publisher:

ISBN:

Category:

Page:

View: 230

Abstract: Will the global financial crisis of 2008 represent a symbolic juncture in the geo-economics of globalization? There are differing views, with some arguing that the Washington Consensus is dead, while others holding that the fundaments of the neo-liberal global order remain intact. This article engages with this debate by putting three distinct questions analytically prior: First, is there a political economic model that actually stands in contradistinction to the Washington Consensus and the neo-liberal global order? Second, if there is a potential challenge to the neo-liberal order, what exactly is it? And third, if such a challenge exists, what precisely is its nature and logic as it interacts with the neo-liberal global order? This article argues that there is, indeed, a challenger: refurbished forms of state capitalism. However, the nature and logic of the state capitalist challenge to the U.S.-centered neo-liberal system is fundamentally different from the Soviet challenge dur

National Diversity and Global Capitalism

The contributions to the volume present a challenge to conventional views on the extent and scope of globalization as well as to predictions of the imminent disappearance of the nation-state's leverage over the economy.

Author: Director - Mit International Science and Technology Initiative Program and Professor of Political S Suzanne Berger

Publisher: Cornell University Press

ISBN: 9780801483196

Category: Business & Economics

Page: 387

View: 569

How does globalization change national economies and politics? Are rising levels of trade, capital flows, new communication technologies, and deregulation forcing all societies to converge toward the same structures of production and distribution? Suzanne Berger and Ronald Dore have brought together a distinguished group of experts to consider how the international economy shapes and transforms domestic structures. Drawing from experience in the United States, Europe, and Asia, the contributors ask whether competition, imitation, diffusion of best practice, trade, and financial flows are reducing national diversities. The authors seek to understand whether the sources of national political autonomy are undermined by changes in the international system. Can distinctive varieties of capitalism that incorporate unique and valued institutions for achieving social welfare survive in a global economy? The contributions to the volume present a challenge to conventional views on the extent and scope of globalization as well as to predictions of the imminent disappearance of the nation state's leverage over the economy.

The African Communist

Latin America , state power and the challenge to global capital William I .
Robinson interviewed by Honor Brabazon and Peter Brogan in September 2006
( original available at www . lefturn . org ) in Bolivia , the contradictory relationship
of tem ...

Author:

Publisher:

ISBN:

Category: Communism

Page:

View: 217