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More (or Less) on Globalization

Much has been written about “globalization” in the last few years. It is not my intention to add to this literature but only to put the topic into the context of my own understanding of the history of capitalism.…Globalization is not a condition or a phenomenon: it is a process that has been going on for a long time, in fact ever since capitalism came into the world as a viable form of society four or five centuries ago; (dating the birth of capitalism is an interesting problem but not relevant for present purposes). What is relevant and important, is to understand that capitalism is in its innermost essence an expanding system both internally and externally. Once rooted, it both grows and spreads. The classic analysis of this double movement is of course Marx’s Capital. | more…

A History of Capitalism, 1500–1980

A History of Capitalism, 1500–2000

The conquest of the Americas inaugurated the slow accumulation of resources and the imperceptible structural transformations that culminated in the Industrial Revolution. From that moment on, capitalism grew and expanded with a dynamism and adaptability that are now all too familiar, profiting from wars and even managing to rebound after a series of devastating economic crises.… In this highly-anticipated updated edition, Beaud extends one of the major strengths of the original: the interweaving of social, political, and economic factors in the context of history. At the same time, Beaud's analysis provides a realistic and thorough examination of the developments of capitalism in the last twenty years, including globalization, the accelerating speed of capital transfer, and the collapse of the Soviet empire and the subsequent absorption of its population into the world market. This new edition also offers a completely revised format that integrates diagrams and flow-charts not previously available in the English-language edition. | more…

The Amoral Elephant: Globalization and the Struggle for Social Justice in the Twenty-First Century

The Amoral Elephant: Globalization and the Struggle for Social Justice in the Twenty-First Century

In November 1999, when more than forty thousand demonstrators in Seattle effectively shut down a World Trade Organization (WTO) conference, we saw what may well have been this country’s largest popular protest of the last twenty years or more. In April 2000, thousands converged on Washington D.C. to express opposition to the IMF and the World Bank, and more recently, massive demonstrations in Geneva, Melbourne and Prague succeeded in bringing international attention to the issues surrounding globalization. Against the backdrop of these historic events, William K. Tabb issues a comprehensive examination of the world capitalist system at the start of the twenty-first century. He confronts the prevailing view of globalization as the steamroller against which even the most powerful nations are helpless and explains the role of the state in creating the conditions necessary for capital’s dominance. | more…

Socialist Register 2001: Working Classes, Global Realities

Socialist Register 2001: Working Classes, Global Realities

Socialist Register 2001 examines the challenges faced by workers and the labor movement under global capitalism in the new century. This collection of twenty timely and original essays lay the groundwork for a much-needed revival of class analysis. A broad range of working-class issues are addressed including knowledge work and the “cybertariat” in the new economy, feminism and unions, migrant labor, peasant struggles, internationalism, and the impact of unstable, casual, and contingent employment. Other essays examine critically important regional experiences in India, Iran, Russia, Brazil, Southern Africa, and East Asia, as well as Europe and North America. Contributors to this volume reveal new and exciting possibilities for change that transcend the limits of old forms of class organization and politics. | more…

Capitalism and the Information Age: The Political Economy of the Global Communication Revolution

Capitalism and the Information Age: The Political Economy of the Global Communication Revolution

Not a day goes by that we don’t see a news clip, hear a radio report, or read an article heralding the miraculous new technologies of the information age. The communication revolution associated with these technologies is often heralded as the key to a new age of “globalization.” How is all of this reshaping the labor force, transforming communications, changing the potential for democracy, and altering the course of history itself? Capitalism and the Information Age presents a rigorous examination of some of the most crucial problems and possibilities of these novel technologies. | more…

The Triumph of Financial Capital

The announced subject of this conference is “New Trends in Turkey and the World.” I shall not try to say anything about new trends in Turkey, partly because of my ignorance but more importantly because Turkey is very much part of the world, and in this period the mother of all new trends is global in nature. To understand what is happening in any part of the world, one must start from what is happening in the whole world. Never has Hegel’s dictum “The Truth is in the Whole” been as true and relevant as it is today. | more…

Red Cat, White Cat: China and the Contradictions of 'Market Socialism'

Red Cat, White Cat: China and the Contradictions of ‘Market Socialism’

After years of pro–market reforms, China faces a fundamental choice. Will it move toward private capitalism, or toward a renewal of the collective and socialist basis of its revolution? Red Cat, White Cat begins by examining the tensions growing within “market socialism.” Weil provides background on marketization, the class forces that produced it, and the polarization and social dislocation that it is generating. | more…

Transforming the Revolution: Social Movements and the World-System

Transforming the Revolution: Social Movements and the World-System

In this successor volume to the widely read Dynamics of Global Crisis, the authors engage in a provocative discussion of the history and contemporary dilemmas facing the movements that are variously described as antisystemic, social, or popular. The authors believe that these movements, which have for the past 150 years protested and organized against the multiple injustices of the existing system, are the key locus of social transformation. | more…

The Great Reversal: The Privatization of China 1978-1989

The Great Reversal: The Privatization of China 1978-1989

The Great Reversal is the first critical study of the widely heralded reforms currently transforming China’s economy. From his long experience in Chinese agriculture, Hinton first examines the course of agricultural reform over the past decade, then looks at its consequences in different areas of the countryside and considers its implications for the country as a whole. He raises troubling questions about China’s capitalist future—the growing landlessness, increasing inequality, and above all, the destruction of the nation’s natural resources and the collectively built infrastructure that was the great achievement of the revolution. In so doing he sheds new light on the sources of discontent behind the demonstrations that culminated in the Tiananmen massacre of June 1989. | more…

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