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In this age of overlapping and mutually reinforcing deep global
crises (financial convulsions, global warming, mass migrations,
militarism, inequality, selfish nation-states, etc.), there needs
to be more realistic dialogue about radical alternatives to the
status quo. Most literature produced heretofore has focused on the
surface causes of these crises without much attention given to the
sorts of major societal changes needed in order to deal with the
crises we face. This book moves the debate beyond the critiques and
the false or not fully realised alternatives, to focus on what can
be termed "practical utopias". The contributors to this book
outline a range of practical proposals for constructing pathways
out of the global economic, ecological and social crisis. Varieties
of Alternative Economic Systems eschews a single blueprint but
insists on dealing directly with the deep structural problems and
contradictions of contemporary global capitalism. It provides a
diverse array of complementary proposals and perspectives that can
inform both theoretical thinking and practical action. This volume
will be of interest to academics and students who study political
science, ecological economics, international politics and
socialism.
Kozo Uno influenced a whole generation of marxian political
economists in post World War II Japan. Thomas Sekine worked closely
with Uno in Japan and later came to York University in Toronto,
where he introduced Uno's ideas to Canadian scholars. Sekine has
significantly enlarged and refined Uno's work, and in the process
has influenced scholars in both Japan and Canada. This anthology is
a collection of essays in marxian political economy by scholars who
have been influenced by Sekine's particular appropriation of Uno's
ideas.
This book uses the levels of analysis approach first developed by
Japanese political economist Kozo Uno to theorize stages of
capitalist development. Stage theory is understood as a mid-range
theory informed both by the theory of a purely capitalist society
and by historical analysis. The four stages of mercantilism,
liberalism, imperialism, and consumerism are theorized according to
an abstract type of capital accumulation, which is understood
broadly to include mutually supporting economic, ideological,
legal, and political practices.
It is increasingly apparent that capitalism cannot stave off the
truly frightening ecological disasters that threaten the future of
life on earth. Is it an accident that the strongest and most
capitalist economic force in the world, the US, is also that force
that is most prone to the denial of the enormous dangers of global
warming? While capitalism is a global force, it is not supported by
the majority of the world, and much more thought and action is
needed to integrate and globalize movements against oppression,
injustice and ecological destruction. While changes at a local
level are important and more feasible in our current world,
ultimately changes at a global level may have greater long-term
importance, and we need to greatly expand theorizations and
mobilizations in this direction now. Robert Albritton proposes
'practical utopias' as a process of thinking by which short-term
changes tend in the direction of desirable changes in the long
term.
This book offers a novel treatment of one of the most important and
long-standing research agendas in critical political economy: the
theorizing of stages of capitalist development. Albritton advances
the work of Japanese economist, Kozo Uno, to explore capital
accumulation and its ideological, legal and political supports, not
only in the stages of mercantilism, liberalism and imperialism, but
also in the post-World War II capitalist stage of consumerism. The
power of Albritton's adoption of this Japanese approach resides in
the crisp clarity it achieves over the way stage theorizing of
capitalism draws on both economic theory and historical analysis.
In the new, fully revised edition, written with Richard Westra, two
new chapters are added. One meticulously examines the tendencies of
capitalism euphemized as globalization and financialization which
followed the crisis of the stage of consumerism. The other deals
with current threats to civilization posed by burgeoning
militarism, environmental destruction and climate apocalypse. The
concluding chapter argues for the necessity of major social change
to ensure a liveable future for humanity. The book will be of
interest to researchers and students of political economy and the
history of economic thought, as well as a wider audience interested
in the transformation and crises of capitalism.
This volume brings together original and timely writings by
internationally renowned scholars that reflect on the current
trajectories of global capitalism and, in the light of these,
consider likely, possible or desirable futures. It offers
theory-informed writing that contextualizes empirical research on
current world-historic events and trends with an eye towards
realizing a future of human, social and economic betterment.
The Future of Capitalism After the Financial Crisis: The Varieties
of Capitalism Debate in the Age of Austerity contains thirteen
world leading political economists writing from within eight
different countries who critically analyze the current crisis
tendencies of capitalism both globally and in particular countries.
Given the likelihood of an increasingly crisis prone future for
capitalism, it is important not only to rethink capitalism in its
current manifestations or varieties. It is also important to
rethink research methods and conceptual frameworks in preparation
for understanding an increasingly rocky future in which capitalism
itself could go the way of the many species that in the past were
endangered only to become extinct. More and more titles of books
and articles are suggesting that capitalism or perhaps civilization
itself is endangered if we do not make radical changes in the near
future. This book breaks with academic path dependency and attempts
to open new vistas of political economy and of multidisciplinary
analysis that are crucially important if our thought processes are
to be effective in a world in jeopardy. The varieties of capitalism
(VoC) debate itself came into being as the Soviet Union unraveled.
It drew in scholarship from a cross-section of Marxian and
heterodox political economy. The key argument of VoC was that if
capitalism was the only global option then those on the Left must
get involved in policy discussions on how capitalist economies can
be fashioned to become competitive as well as progressive. However,
the financial crisis has seen policy across the advanced economies
veer toward competitiveness coupled with austerity. The lesson for
the Left is that alternatives to capitalism must be sought in the
here and now.
Writings by international scholars that reflect on the current
trajectories of global capitalism and consider likely, possible or
desirable futures. It tries to develop new mediations between
theory and history.
Contents: Introduction Robert Albritton and Richard Westra Towards Democracy Through Socialisms Part One: Governance and Law 1. Robert Albritton Socialism and Individual Freedom 2. Marjorie Griffin Cohen Globalization's Challenge to Feminist Political Economy and the Law Part Two: Reembedding 3. Vandana Shiva Earth Democracy 4. Daniel Drache The Imperative of the Social Bond After the Triumph of Markets 5. Colin Duncan Adam Smith's Greeb Vision and the Future of Global Socialism 6. John Bell Marx's Anti-Authoritarian Ecocommunism Part Three: Pleasure 7. Kate Soper Hedonist Revisionism 8. Shannon Bell Post-Porn/Anti-Porn: Queer Socialist Pornography Part Four: Development Visions 9. John Saul The Failure of African Socialisms and Their Future 10. Richard Westra The Impasse in Development Theory Part Five: Political Agency 11. Ariel Salleh Theorizing the Meta-Industrial Class in an Era of Bio-Colonialism 12. William Corlett Postscript on the Surplus Population Part Six: Possible Worlds 13. Tom Sekine Socialism Beyond Market and Productivism 14. Teresa Brennan From Socialists to Localists
This book offers a novel treatment of one of the most important and
long-standing research agendas in critical political economy: the
theorizing of stages of capitalist development. Albritton advances
the work of Japanese economist, Kozo Uno, to explore capital
accumulation and its ideological, legal and political supports, not
only in the stages of mercantilism, liberalism and
imperialism, but also in the post-World War II capitalist stage
of consumerism. The power of Albritton’s adoption of this
Japanese approach resides in the crisp clarity it achieves over the
way stage theorizing of capitalism draws on both economic theory
and historical analysis. In the new, fully revised edition, written
with Richard Westra, two new chapters are added. One meticulously
examines the tendencies of capitalism euphemized as globalization
and financialization which followed the crisis of the stage of
consumerism. The other deals with current threats to civilization
posed by burgeoning militarism, environmental destruction and
climate apocalypse. The concluding chapter argues for the necessity
of major social change to ensure a liveable future for
humanity. The book will be of interest to researchers and
students of political economy and the history of economic thought,
as well as a wider audience interested in the transformation and
crises of capitalism.Â
This book uses the levels of analysis approach first developed by
Japanese political economist Kozo Uno to theorize stages of
capitalist development. Stage theory is understood as a mid-range
theory informed both by the theory of a purely capitalist society
and by historical analysis. The four stages of mercantilism,
liberalism, imperialism, and consumerism are theorized according to
an abstract type of capital accumulation, which is understood
broadly to include mutually supporting economic, ideological,
legal, and political practices.
The Future of Capitalism After the Financial Crisis: The Varieties
of Capitalism Debate in the Age of Austerity contains thirteen
world leading political economists writing from within eight
different countries who critically analyze the current crisis
tendencies of capitalism both globally and in particular countries.
Given the likelihood of an increasingly crisis prone future for
capitalism, it is important not only to rethink capitalism in its
current manifestations or varieties. It is also important to
rethink research methods and conceptual frameworks in preparation
for understanding an increasingly rocky future in which capitalism
itself could go the way of the many species that in the past were
endangered only to become extinct. More and more titles of books
and articles are suggesting that capitalism or perhaps civilization
itself is endangered if we do not make radical changes in the near
future. This book breaks with academic path dependency and attempts
to open new vistas of political economy and of multidisciplinary
analysis that are crucially important if our thought processes are
to be effective in a world in jeopardy. The varieties of capitalism
(VoC) debate itself came into being as the Soviet Union unraveled.
It drew in scholarship from a cross-section of Marxian and
heterodox political economy. The key argument of VoC was that if
capitalism was the only global option then those on the Left must
get involved in policy discussions on how capitalist economies can
be fashioned to become competitive as well as progressive. However,
the financial crisis has seen policy across the advanced economies
veer toward competitiveness coupled with austerity. The lesson for
the Left is that alternatives to capitalism must be sought in the
here and now.
This is the first book to analyse the food industry from a Marxist
perspective.Respected economist Robert Albritton argues that the
capitalist system, far from delivering on the promise of cheap,
nutritious food for all, has created a world where 25% of the world
population are over-fed and 25% are hungry. This malnourishment of
50% of the world's population is explained systematically, a
refreshing change from accounts that focus on cultural factors and
individual greed. Albritton details the economic relations and
connections that have put us in a situation of simultaneous
oversupply and undersupply of food.This explosive book provides yet
more evidence that the human cost of capitalism is much bigger than
those in power will admit.
The great academic scandal in the modern world is the prestige that
has generally been accorded economic 'science'. Never has there
been a social science so confident about its scientificity, while
its practitioners were ideologically biased in the extreme.Robert
Albritton brings to life the classic concepts in Marx's economic
thought. As well as examining these essential points of Marxist
theory, he shows that they offer great potential for further study.
Deeply critical of the way economics is taught and studied today,
this is a textbook that will appeal to anyone who wants a
forward-thinking approach to the discipline that's free from the
constraints of neo-classical orthodoxy. Written with style and
clarity, it is perfect for economics undergraduates.
Kozo Uno influenced a whole generation of marxian political
economists in post World War II Japan. Thomas Sekine worked closely
with Uno in Japan and later came to York University in Toronto,
where he introduced Uno's ideas to Canadian scholars. Sekine has
significantly enlarged and refined Uno's work, and in the process
has influenced scholars in both Japan and Canada. This anthology is
a collection of essays in marxian political economy by scholars who
have been influenced by Sekine's particular appropriation of Uno's
ideas.
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