Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
System in Crisis: The Dynamics of Free Market Capitalism

System in Crisis: The Dynamics of Free Market Capitalism

Petras, James
Veltmeyer, Henry

Paperback

EconomicsInternational RelationsSocial Movements

Currently unavailable to order

ISBN10: 1552661156
ISBN13: 9781552661154
Publisher: Fernwood Publishing
Published: Jan 1 2003
Pages: 240
Weight: 0.80
Height: 0.60 Width: 5.90 Depth: 8.90
Language: English

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.

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