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    Global Slump: The Economics and Politics of Crisis and Resistance
    Unavailable
    Global Slump: The Economics and Politics of Crisis and Resistance
    Unavailable
    Global Slump: The Economics and Politics of Crisis and Resistance
    Ebook390 pages5 hours

    Global Slump: The Economics and Politics of Crisis and Resistance

    By David McNally

    3.5/5

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    Investigatingthe global financial meltdown as the first systemic crisis of the neoliberal stage of capitalism, this analysis argues that—far from having ended—the crisis has ushered in a period of worldwide economic and political turbulence. In developing an account of the crisis as rooted in fundamental features of capitalism,this studychallenges the view that capitalism's source lies in financial deregulation, andhighlights the emergence of new patterns of world inequality and new centers of accumulation, particularly in East Asia, and the profound economic instabilities these have produced.This original account of the “financialization” of the world economy during this period explores the intricate connections between international financial markets and new forms of debt and dispossession. Analyzing the massive intervention of the world's central banks to stave off another Great Depression,this study shows thatwhile averting a complete meltdown, this intervention also laid the basis for recurring crises for poor and working class people: job loss, increased poverty and inequality, andcuts insocial programs. Takinga global view of these processes, exposing the damage inflicted on countries in the Global South, as well as the intensification of racism and attacks on migrant workers, this book also traces new patterns of social and political resistance—from housing activism and education struggles, to mass strikes and protests in Martinique, Guadeloupe, France, and Puerto Rico—as indicators of the potential for building anticapitalist opposition to the damage that neoliberal capitalism is inflicting on the lives of millions.
    LanguageEnglish
    PublisherIndependent Publishers Group
    Release dateJan 15, 2011
    ISBN9781604860658
    Unavailable
    Global Slump: The Economics and Politics of Crisis and Resistance
    Author

    David McNally

    David McNally is a best selling author, an internationally acclaimed speaker, and an award-winning film producer. He is the author of the bestselling Even Eagles Need a Push: Learning to Soar in a Changing World and The Eagle’s Secret: Success Strategies for Thriving at Work and in Life. He has spoken before such organizations as Merrill Lynch, The Washington Post, Unisys, Dun & Bradstreet, Honeywell, American Express Financial, State Farm Insurance, and Amway.

    Read more from David Mc Nally

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    3.5/5

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    • 2/5
      Lots of excessive rhetoric. The exposition of economics is absurd and the economic history going back more than a few decades is shaky. The only good thing in the book is his critique of the analysis of the crisis by other marxists.