By Dimitris N. Chorafas (auth.)
Read or Download Capitalism Without Capital PDF
Best capitalism books
During this brief, hugely readable e-book, the grasp of world-systems idea presents a succinct anatomy of capitalism over the last years. contemplating the best way capitalism has replaced and advanced over the centuries, and what has remained consistent, he outlines its leader features. particularly, he appears on the emergence and improvement of an international industry, and of work; in doing so, he argues that capitalism has caused immiseration within the international South.
A visionary research that might switch the best way we expect approximately well-being care: how and why it's failing, why increasing insurance will really make issues worse, and the way our overall healthiness care could be reworked right into a obvious, cheap, winning system.
In 2007, David Goldhill's father died from infections received in a medical institution, one in every of greater than 2 hundred thousand avoidable deaths in line with 12 months as a result of clinical blunders. The invoice was once enormous--and Medicare paid it. those conditions left Goldhill indignant and made up our minds to appreciate how world-class know-how and body of workers may well coexist with such carelessness -- and the way a company that failed so miserably might be paid in complete. Catastrophic Care is the eye-opening result.
Blending own anecdotes and wide examine, Goldhill provides us with cogent, biting research that demanding situations the fundamental preconceptions that experience formed our pondering for many years. Contrasting the Island of well-being care with the Mainland of our financial system, he demonstrates that prime expenditures, extra medication, poor carrier, and clinical blunders are the inevitable effects of our insurance-based method. He explains why coverage efforts to mend those difficulties have perpetually produced perverse effects, and the way the hot reasonable Care Act is prone to deepen than to unravel those issues.
If you think that health and wellbeing care is fascinating merely to institutes and politicians, re-evaluate: Catastrophic Care is wonderful, attractive, and brimming with insights born of questions no one has idea to invite. primarily it's a e-book of latest rules which may rework the way in which we comprehend a topic we frequently take for granted.
What does it suggest to develop up at the present time as working-class teens? How does the commercial and social instability left within the wake of neoliberalism form their identities, their understandings of the yank Dream, and their futures?
Coming Up brief illuminates the transition to maturity for working-class women and men. relocating clear of effortless labels corresponding to the "Peter Pan generation," Jennifer Silva finds the some distance bleaker photo of ways the erosion of conventional markers of adulthood-marriage, a gradual task, a home of one's own-has replaced what it potential to develop up as a part of the post-industrial operating category. in keeping with 100 interviews with working-class humans in towns-Lowell, Massachusetts, and Richmond, Virginia-Silva sheds mild on their event of heightened monetary lack of confidence, deepening inequality, and uncertainty approximately marriage and kin. Silva argues that, for those women and men, coming of age ability coming to phrases with the absence of selection. As chances and wish agreement, entering into maturity has been re-defined as a means of own struggle-an grownup isn't any longer anyone with a small domestic and a competent vehicle, yet a person who has confronted and conquer own demons to reconstruct a remodeled self. certainly, instead of flip to politics to revive the normal operating classification, this new release builds which means and dignity throughout the fight to exorcise the demons of familial abuse, psychological illnesses, habit, or betrayal in prior relationships. This dramatic and mostly disregarded shift reduces turning into an grownup to solitary agony, self-blame, and an never-ending looking for indicators of progress.
This powerfully written ebook specializes in people who find themselves so much vulnerable-young, working-class humans, together with African-Americans, girls, and unmarried parents-and finds what, in very genuine phrases, the dying of the social protection internet capability to their fragile carry at the American Dream.
A complete research of the advance of global capitalism over seven-hundred years
The lengthy 20th Century lines the connection among capital accumulation and nation formation over a 700-year interval. Arrighi argues that capitalism has opened up as a succession of “long centuries,” every one of which produced a brand new international strength that secured keep an eye on over an increasing world-economic house. studying the altering fortunes of Florentine, Venetian, Genoese, Dutch, English and at last American capitalism, Arrighi concludes with an exam of the forces that experience formed and are actually poised to undermine America’s international dominance. A masterpiece of ancient sociology, The lengthy 20th Century opponents in scope and ambition modern classics by way of Perry Anderson, Charles Tilly and Michael Mann.
“A brilliant, fact-filled disclose of the cyclical financial forces that surge via human society. ” —Observer Review
“The lengthy 20th Century has the grandeur of a sprawling epic and the schematic grace of a Richard Neutra blueprint. .. it's the unmarried most dear textual content on provide for someone who desires to narrate the tale of global capitalism—from its nascent shape at the rim of the Mediterranean to the present succeed in of the United States’ empire, and past. ” —Los Angeles overview of Books
- Capital in the Twenty-First Century
- Towards New Developmentalism: Market as Means rather than Master (Routledge Studies in Development Economics)
- Food Politics: What Everyone Needs to Know
- Dialectic of Enlightenment: Philosophical Fragments (Cultural Memory in the Present)
Extra resources for Capitalism Without Capital
A role is also played by the extent of spillover to other markets, and whether the process of adjustment takes place in an orderly fashion. There exists, therefore, no simple answer to the question: for how long will writeoffs and writedowns dampen lending? The response is further conditioned by how easily will banks be able to rebuild their capital, and which strategy they will follow in response to weaker balance sheets, as well as credit demand in the globalized economy – including emerging markets.
What they fail to recognize is that at the end of the day the options are limited and stark. A booming national debt Yankee style:51 • Dumps the current generation’s leverage on future generations, • Destroys the tax system, as high taxes lead the citizen to duck them, and • Brings the economy to its knees while leaving no money to better the quality of life. Some economists call the zooming national debt a fiscal cancer. In 2008 David Walker, a former head of the US government’s internal auditing authority,52 made it his mission to get the citizens and their leaders to understand and acknowledge the threat, and appreciate the fact that the nation’s financial condition is much worse than generally admitted.
In the 1970s and 1980s Walter Wriston, then the mighty CEO of Citibank (which later became Citigroup), argued that capital was wasted. 35 That’s not altogether a positive reference for the KRS zero-capital thesis. While it is true that Wriston was a brilliant person and that under his reign Citi led the other American big banks in terms of growth and diversification, this emphasis on growth at any price, steady expansion, and disregard for the capital basis led Wriston to lend excessively, particularly to Latin America.