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This book investigates how extractive capitalism has developed over the past three decades, what dynamics of resistance have been deployed to combat it, and whether extractivism can ever be transformed into being a part of a progressive development path.
In the late 1960s the operating world capitalist system hit a snag, exposing cracks that went to its very foundations. At first, this crisis was viewed as part of a normal business cycle of capital accumulation in which markets become saturated. The reaction created a mass of unemployed workers, reduced purchasing power and consumption capacity which initiated a further downward cycle of disinvestment and recession. The efforts to revitalize the capitalist system included the restructuring of world production, new information-based technologies designed to revolutionize the structure of production, a new mode of capital accumulation and regulatory regime, and a program of policy reforms and structural adjustments. By discussing the very cracks that neo-liberalism tries to disguise, James Petras and Henry Veltmeyer explain how these reactions attempt to prop up a system that continues to fail the global community. System in Crisis also examines the nature of the class divisions and the political repercussions of the anti-globalization movement. This analysis provides readers with a more general perspective on the broader anti-globalization movement and the possibilities for unifying the diverse forces of resistance and opposition to neo-liberalism, capitalism and imperialism-and the prospects for an alternative, more human, socialist form of development.
The focus and concern of Agrarian Change, Migration and Development is the problem of labour migraton. Veltmeyer and Wise explore the dynamics and development implications of the migration processes set in motion by the capitalist mode of production. The dynamics of these processes are both international - in regard to the international or cross-border flows of labour migrants - and internal to countries that have undergone, or are undergoing, a process of agrarian change and social transformation. Veltmeyer and Wise examine what they call the "e;migration-development nexus"e; from both a political economy and a sociological perspective, highlighting current trends, the global scale and the human dimension of the labour migration process, with particular reference to the increasing south-north flows of migrants who are forced to abandon their communities and ways of life by the globalizing forces of capitalist development. While it may appear that these migrants are free to choose to abandon their communities, and in many cases their families, in the search for greater economic opportunities and a better way of life, the authors show with devastating logic that the decisions made by so many migrants are rooted in the workings of the world capitalist system, which converts them into a pool of surplus labour to be pulled into and out of the system as required by capitalists in their endless search for private profit.
Capitalism is a system in crisis. In the context of an urgent need for an alternative system, Cuba provides valuable lessons. The Cuban Revolution's unique features have allowed it to survive both the conditions that brought about the collapse of the Soviet model of socialism and the renewed assault of US imperialism. The Revolution also serves
This study examines fundamental theoretical and conceptual issues of social change in Latin America in the context of detailed empirical analysis. The study centers on the structural features of Latin America and the state policies reconcentrating power in the capitalist class at the expense of labor.
The Politics of Agrarian Reform in Brazil examines the interrelationships among peasant mobilization, agrarian reform and cooperativism in contemporary Brazil.
This text looks at globalization through the lens of Atlantic Canadians and their relationship with both the global economy and the country at large.
"With irony, insight, and elegant simplicity, Veltmeyer shows us how the power of money and the power of collective commitment interact in the sweepstakes of social history." - Jan Knippers Black, Monterey Institute for International Studies
The growing polarization between the rich and powerful and the poor and powerless, the yawning social and developmental divide and the multidimensional systemic crisis of capitalism have given rise to a fundamental problem of our times: barbarism or socialism? Will we continue on the path of capitalist barbarism or move to a more just socialist ...
This study examines fundamental theoretical and conceptual issues of social change in Latin America in the context of detailed empirical analysis. The study centers on the structural features of Latin America and the state policies reconcentrating power in the capitalist class at the expense of labor.
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