Killing The Host

Author: Michael Hudson
Publisher: CounterPunch
ISBN: 0989763757
Size: 67.54 MB
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In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and governments. The FIRE sector is responsible for today¹s extreme economic polarization (the 1% vs. the 99%) via favored tax status that inflates real estate prices while deflating the "real" economy of labor and production. Hudson shows in vivid detail how the Great 2008 Bailout saved the banks but not the economy, and plunged the U.S., Irish, Latvian and Greek economies into debt deflation and austerity. Killing the Host describes how the phenomenon of debt deflation imposes punishing austerity on the U.S. and European economies, siphoning wealth and income upward to the financial sector while impoverishing the middle class.

America The Farewell Tour

Author: Chris Hedges
Publisher: Simon and Schuster
ISBN: 1501152696
Size: 21.50 MB
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Chris Hedges’s profound and unsettling examination of America in crisis is “an exceedingly…provocative book, certain to arouse controversy, but offering a point of view that needs to be heard” (Booklist), about how bitter hopelessness and malaise have resulted in a culture of sadism and hate. America, says Pulitzer Prize­–winning reporter Chris Hedges, is convulsed by an array of pathologies that have arisen out of profound hopelessness, a bitter despair, and a civil society that has ceased to function. The opioid crisis; the retreat into gambling to cope with economic distress; the pornification of culture; the rise of magical thinking; the celebration of sadism, hate, and plagues of suicides are the physical manifestations of a society that is being ravaged by corporate pillage and a failed democracy. As our society unravels, we also face global upheaval caused by catastrophic climate change. All these ills presage a frightening reconfiguration of the nation and the planet. Donald Trump rode this disenchantment to power. In his “forceful and direct” (Publishers Weekly) America: The Farewell Tour, Hedges argues that neither political party, now captured by corporate power, addresses the systemic problem. Until our corporate coup d’état is reversed these diseases will grow and ravage the country. “With sharply observed detail, Hedges writes a requiem for the American dream” (Kirkus Reviews) and seeks to jolt us out of our complacency while there is still time.

The Transformation Of Citizenship Volume 1

Author: Juergen Mackert
Publisher: Taylor & Francis
ISBN: 1317203895
Size: 73.68 MB
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The Transformation of Citizenship addresses the basic question of how we can make sense of citizenship in the twenty-first century. These volumes make a strong plea for a reorientation of the sociology of citizenship and address serious threats of an ongoing erosion of citizenship rights. Arguing from different scientific perspectives, rather than offering new conceptions of citizenship as supposedly more adequate models of rights, membership and belonging, they deal with both the ways citizenship is transformed and the ways it operates in the face of fundamentally transformed conditions. This volume Political Economy discusses manifold consequences of a decades-long enforcement of neo-liberalism for the rights of citizens. As neo-liberalism not only means a new form of economic system, it has to be conceived of as an entirely new form of global, regional and national governance that radically transforms economic, political and social relations in society. Its consequences for citizenship as a social institution are no less than dramatic. Against the background of both manifest and ideological processes the book looks at if citizenship has lost the basis it has rested upon for decades, or if the institution itself is in a process of being fundamentally transformed and restructured, thereby changing its meaning and the significance of citizens’ rights. This book will appeal to academics working in the field of political theory, political sociology and European studies.

Cruel World

Author: Albert Ball
Publisher: Albert Ball
ISBN: 1549737848
Size: 71.17 MB
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What kind of world have we created? Increasing numbers of us live in fear of losing our homes and jobs, many forced to rely on the charity of food banks to feed ourselves and our children. Many of us live on the streets in utter destitution, often with mental health problems, and no-one seems to care. Many more of us live in poor countries where for want of clean water and basic sanitation we must watch helplessly as our children and infants die in their millions every year. At the other end of the scale some of us have wealth that can't be consumed in a thousand lifetimes. Then there are the environmental dangers that we all face - scarcity of fresh water; widespread pollution of the air, sea and rivers; deforestation; loss of biodiversity; and above all climate change - and our governments, severely handicapped by those of us with vested interests, unable to take the decisive action that is necessary to combat them. Why is it that the world's abundant wealth is spread so lavishly for the very few and so thinly for the very many? Why is it that we understand so well the dire consequences awaiting us from environmental catastrophe yet seem unable to do more than a fraction of what is required? This book presents the results of an exploration into these concerns by someone who feels deeply disturbed by them; who feels that people in great numbers are being squeezed beyond breaking point; who feels that we are racing headlong towards a cliff edge with people who claim to be in control but whose hands are tied. The exploration bore fruit. It revealed that the major systems that underpin the modern world maintain themselves by widespread exploitation of the disadvantaged, made possible by equally widespread ignorance of how it happens. It doesn't have to be that way. We can turn a world on a collision course with nature into a world sustainable for the very long term. We can turn a cruel world into a kind world, but to do so requires a broad public understanding of what is really going on. The purpose of this book is to help provide that understanding.

The Value Of Everything

Author: Mariana Mazzucato
Publisher: Hachette UK
ISBN: 1610396758
Size: 52.34 MB
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Modern economies reward activities that extract value rather than create it. This must change to ensure a capitalism that works for us all. Shortlisted for the FT & McKinsey Business Book of the Year Award A scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it. The book uses case studies-from Silicon Valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.

Russia Ukraine And Contemporary Imperialism

Author: Boris Kagarlitsky
Publisher: Routledge
ISBN: 1351794574
Size: 71.86 MB
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This book is a unique contribution to scholarship on the sources of the conflict in Ukraine. The volume brings together writers from Russia, Ukraine, Canada, the United States, Europe and Australia, many of whom attended a gathering of scholars and activists from all over Ukraine, held in Yalta, Crimea, just after the conflict in Eastern Ukraine erupted. Challenging both the demonization of Russia, which has become standard for Western writing on the topic, and the simplistic discourse of official Russian sources, this book scrutinises the events of the conflict and the motives of the agents, bringing to the fore the underlying causes of the most critical flashpoints of the post-Soviet world order. This volume offers a refreshing, profound perspective on the Ukraine conflict, and will be an indispensable source for any student or researcher. This book was originally published as a special issue of the journal International Critical Thought.