Leading experts explore the impact of globalization on capitalism. Capitalism has become the universal social and economic order of our time. But this new capitalism differs from that of previous eras: it is truly global, aided by extraordinary advances in technology and communication, and by unfettered global financial markets. Capitalism has a speed, inevitability, and force that it has not had before. In Global Capitalism, leading political and economic analysts dissect this dangerous new world. Globalization brings new possibilities to capitalism, but also new risks, ranging from the degradation of the environment to the concentrated control of the media by transnational corporations. Global Capitalism charts the contours of contemporary capitalism, analyzes the role of the business firm in the context of increased innovation and competitiveness, and considers whether the new capitalism is compatible with social cohesion and social justice. The contributors discuss capitalism as a form of culture and way of life, and they ask whether it has any viable political rivals.
Arlie Russell Hochschild
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Will Hutton is the author of the bestselling books The State We're In and The State to Come. Anthony Giddens is the director of the London School of Economics. He is the author of The Third Way: The Renewal of Social Democracy.From Publishers Weekly:
Compiled in the aftermath of December 1999Awhen Seattle protesters surprised the world with a show of antiglobalization activismAthis book displays the diversity of ideas driving a growing movement. Edited by London School of Economics director Giddens (Runaway World, Forecasts, March 27) and Hutton (The State We're In), this volumeAfor better and for worseAlacks a coherent organizing principle as it deals with the effects, both financial and cultural, of globalization. Contributors range from those who primarily oppose globalism to those who are against the very idea of capitalism per se. Most, however, wish to agitate for narrower intellectual and activist goals in this era of multinational corporate power. Essayists (most of whom, like Richard Sennett, Arlie Hochschild and Vandana Shiva, are well known) treat a range of international policy issues: the rise of information technology; the persistence of economic inequality and environmental abuses; women's rights; and individual psychology (e.g., Sennett deals with the dislocation of identity that results from a global culture). Professional capitalists Paul Volcker and George Soros rehearse their critiques of the IMF and assess the lasting effects of the Third World financial crises of 1997 and 1998; Guardian columnist Polly Toynbee delivers, in what is easily the most readable essay here, a critique of "cultural panic," the fear of the globalization of culture ("Sometimes it seems as if a tidal wave of the worst Western culture is creeping across the globe like a giant strawberry milkshake"). Other essays are aimed primarily at policy wonks. On the whole, the book is readable and well researched. Though it doesn't break a lot of new ground, it does provide an intermediate-level survey of the range of leftist ideas circulating these days in response to global capitalism. (Aug.)
Copyright 2000 Reed Business Information, Inc.
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Descripción New Press, 2000. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería M1565846486