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Overview"American Capitalism, Global Crisis is a genealogy of the emergence of a finance-ridden, authoritarian, undemocratic American capitalism, from industrialisation to the present day. By providing a panoramic political-economic history of the country, it surveys the ruthlessly competitive capitalism of the nineteenth century, the maturation of industrial capitalism in the twenties, the rise and fall of capitalism’s Golden Age and the ensuing decline towards the modern era. Alan Nasser shows why the emergence of the persistent austerity of financialised neoliberal capitalism is the natural outcome of mature capitalism’s evolution. It demonstrates that the nation’s historic trajectory was marked by a succession of turning-point crises and key political-economic responses to them. This developmental pattern reveals both the key structural and political vulnerabilities of capitalism itself and points towards the kind of political-economic system that can transcend it. At the centre of the argument, capitalism ultimately presents us with two alternatives, either a ""new normal"" of persistent austerity, declining democracy and a privatised state, or a polity and economy characterized by economic democracy that can ensure both higher wages and a shorter working week. A result of a lifetime’s research, this book will make an important contribution to the literature on the roots of the economic crisis and the democratic possibilities it opens up." Full Product DetailsAuthor: Alan NasserPublisher: Pluto Press Imprint: Pluto Press ISBN: 9780745333823ISBN 10: 0745333826 Pages: 224 Publication Date: 20 December 2020 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Not yet available  This item is yet to be released. You can pre-order this item and we will dispatch it to you upon its release. Table of ContentsIntroduction 1. US Capitalism’s First Chapter: The 19th Century, A Crucible of Unbridled Competition 2. The Twenties and Thirties: The Dynamics of Mature Industrial Capitalism 3. The Great Boom: Oligopoly Capitalism’s Golden Age, 1949-1973 4. The End of the Golden Age: The Rejection of the New Deal and the Business Counteroffensive 5. Deadly Twins: Neoliberal Globalisation and Financialisation 6. The Great Recession, the Bailout and the Age of Austerity 7. Chronic Austerity, the Threat To Democracy and the Globalisation of Dissent ConclusionReviewsAuthor InformationAlan Nasser is Professor Emeritus of Political Economy at Evergreen State College in Olympia, WA. His writing over the last thirty years has dealt with political and economic issues. In the past he has written on legal theory, philosophy and psychoanalysis. He is a frequent contributor to Counterpunch, a member of the Union for Radical Political Economists, and an adviser to Occupy Seattle. Tab Content 6Author Website:Countries AvailableAll regions |
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