Description: Imperialism in the Twenty-First Century : Globalization, Super-Exploitation, and Capitalism's Final Crisis, Paperback by Smith, John, ISBN 1583675779, ISBN-13 9781583675779, Brand New, Free shipping in the US Citing only two possible futures for humanity--socialism or barbarism--Smith considers how the capital-labor relation has evolved during the era of neoliberal globalization. His investigation into the social relations embodied in three iconic, global commodities--the iPhone, coffee, and T-shirts--yields paradoxes and anomalies requiring further analysis, and a series of distinct dimensions that need to be investigated separately before they can be brought together in a synthesis, a theory of the latest stage of capitalism’s imperialist evolution. He identifies seven themes: the global shift of production to low-wage countries; conditions in labor markets are at least as important as conditions in product and capital markets; global wage differentials and the myth of convergence; wages and productivity--glaring paradoxes that mainstream and heterodox economic theory cannot explain; wage differentials and differences in the rate of exploitation; the obfuscation of imperialist exploitation by conventional interpretations of economic data; the origin, nature, and trajectory of the global economic crisis--why the “financial crisis” is rooted in capitalist production. He reiterates two possible paths: humanity resumes the transition to socialism begun by the Russian Revolution one century ago, or it descends into barbarism. Annotation ©2016 Ringgold, Inc., Portland, OR ()
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Book Title: Imperialism in the Twenty-First Century : Globalization, Super-Ex
Number of Pages: 384 Pages
Language: English
Publication Name: Imperialism in the Twenty-First Century : Globalization, Super-Exploitation, and Capitalism's Final Crisis
Publisher: Monthly Review Press
Item Height: 1 in
Subject: International / Economics, Globalization, Imperialism, General, Political Ideologies / Conservatism & Liberalism
Publication Year: 2016
Type: Textbook
Item Weight: 19.2 Oz
Subject Area: Political Science, Business & Economics
Author: John Smith
Item Length: 9.2 in
Item Width: 6 in
Format: Trade Paperback
