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The Political Economy of Deindustrialization: Causes, Consequences, Implications

The Political Economy of Deindustrialization: Causes, Consequences, Implications

Hardcover

Business GeneralEconomicsGeneral Political Science

ISBN10: 178821756X
ISBN13: 9781788217569
Publisher: Agenda Publishing
Published: Sep 10 2024
Pages: 224
Weight: 0.95
Height: 0.90 Width: 6.20 Depth: 9.30
Language: English
It is often assumed that deindustrialization is a bad thing, confined to the Global North, and caused by cheap imports from the Global South. Although not entirely incorrect, the truth is far more complicated. Ray Kiely argues that the current economic debate assumes too much in terms of causality around deindustrialization, which is better seen as a product of wider changes in contemporary global capitalism. Yet, evidence of a zero-sum game doesn't have to be very strong for this to have become an issue of deep politics, informing right-wing populism and contemporary geopolitical tensions (namely with China). A clearer understanding of the processes of deindustrialization can help in appreciating the political responses and movements across the Global North - and South - and enable us to find better responses to the processes themselves.

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General Political Science