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The Failure of Global Capitalism - From Cape Breton to Colombia and Beyond (Paperback, New)
Loot Price: R520
Discovery Miles 5 200
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The Failure of Global Capitalism - From Cape Breton to Colombia and Beyond (Paperback, New)
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Loot Price R520
Discovery Miles 5 200
Expected to ship within 10 - 15 working days
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What do Cape Breton and Colombia have in common? Coal, for one
thing. Coal mining was the backbone of Cape Breton's industrial
economy for more than one hundred years, but the last mine was
closed in 2001 when the province's utility company took advantage
of neoliberal globalization by importing coal-from Colombia.
Colombia and Cape Breton represent the loss of well-paid, unionized
industrial jobs as a result of neoliberal globalization-the
economic hegemony that allows multinational corporations in the
global North, primarily North America and Europe, to exploit the
natural resources and cheap labour of the global South: Latin
America, Africa and Asia. But the commonalities between Cape Breton
and Colombia do not end with coal, there are numerous connections
directly related to the capitalist system: militant labour
struggles, repression, economic insecurity, population
displacement, social inequality and environmental devastation. The
Failure of Global Capitalism uses the examples of Cape Breton and
Colombia to illustrate the harsh realities suffered by people
throughout the global North and the global South under neoliberal
globalization, particularly with regard to socio-economic and
environmental issues. Ultimately, it exposes the failure of
industrial capitalism, and looks toward more sustainable and
egalitarian alternatives.
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