Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Political Economy and Globalization (Paperback)
Loot Price: R1,416
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Political Economy and Globalization (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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Based upon distinguishing capitalism from other economic systems,
as well as analysis of capitalist change across its stages of
development, Richard Westra argues that the economic tendencies we
refer to as globalization constitute a world historic transition
away from capitalism. Westra forcefully rejects claims from both
Right and Left sides of economic debate that globalization embodies
the ultimate world diffusion of capitalism. He concludes that the
choice facing humanity is no longer between capitalism and
socialism but between socialism and global barbarism. The argument
is meticulously interwoven through four key foci of political
economy - The role of Marx's Capital in producing knowledge of
capitalism, The periodizing of capitalism and study of its
historical models, The altering trajectories of production and
finance under current globalization, The place of socialism in a
progressive future. A central point of the book is that
determinations over the capitalist substance of existing economies
demand precise understanding of how in its basic operation
capitalism manages to secure the economic reproducibility of human
society in the first place. To make the case for the passing of
capitalism from history the volume draws upon the novel Japanese
Uno approach to Marxian political economy. From the pages of
Political Economy and Globalization emerges a grim picture of our
human future should current economic trends persist. It also offers
a positive vision for socio-material betterment in redistributive,
eco-sensitive socialist societies of tomorrow. This is a must read
book for scholars, students, progressive policy makers and
activists.
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