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portada System in Crisis: The Dynamics of Free Market Capitalism
Type
Physical Book
Author
Publisher
Year
2003
Language
English
Pages
240
Format
Paperback
Dimensions
22.6 x 15.0 x 1.5 cm
Weight
0.36 kg.
ISBN13
9781552661154
Categories

System in Crisis: The Dynamics of Free Market Capitalism

Henry Veltmeyer (Author) · James Petras (Author) · Fernwood Publishing · Paperback

System in Crisis: The Dynamics of Free Market Capitalism - Petras, James ; Veltmeyer, Henry

New Book Imported to South Africa
Delivery: 24 Aug - 07 Sep Shipping: 11 to 15 business days.
R 646
R 646

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Synopsis "System in Crisis: The Dynamics of Free Market Capitalism"

In the late 1960s the operating world capitalist system hit a snag, exposing cracks that went to its very foundations. At first, this crisis was viewed as part of a normal business cycle of capital accumulation in which markets become saturated. The reaction created a mass of unemployed workers, reduced purchasing power and consumption capacity which initiated a further downward cycle of disinvestment and recession. The efforts to revitalize the capitalist system included the restructuring of world production, new information-based technologies designed to revolutionize the structure of production, a new mode of capital accumulation and regulatory regime, and a program of policy reforms and structural adjustments. By discussing the very cracks that neo-liberalism tries to disguise, James Petras and Henry Veltmeyer explain how these reactions attempt to prop up a system that continues to fail the global community. System in Crisis also examines the nature of the class divisions and the political repercussions of the anti-globalization movement. This analysis provides readers with a more general perspective on the broader anti-globalization movement and the possibilities for unifying the diverse forces of resistance and opposition to neo-liberalism, capitalism and imperialism-and the prospects for an alternative, more human, socialist form of development.

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