The Unity of the Capitalist Economy and State

The Unity of the Capitalist Economy and State
Author: Geert Reuten
Publisher: Historical Materialism
Total Pages: 727
Release: 2020-09
Genre: Business & Economics
ISBN: 9781642593730

Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.

The Code of Capital

The Code of Capital
Author: Katharina Pistor
Publisher: Princeton University Press
Total Pages: 315
Release: 2020-11-03
Genre: Business & Economics
ISBN: 0691208603

"Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.

Capital and Labour Redefined

Capital and Labour Redefined
Author: Amiya Kumar Bagchi
Publisher: Anthem Press
Total Pages: 370
Release: 2002
Genre: Biography & Autobiography
ISBN: 1843310686

This book provides a historical background to the formation of the Indian capitalist class from before British colonial rule in India. It analyses the nature of that class, the ways in which it changed under colonial rule, and the state of independent India; it also sets some of the peculiarities of capitalist organization in India and the ideology of big capital in their historical context. The evolution of the working class in India is analysed in its dialectical interaction with global capital and Indian capitalism. The author challenges the view that the tensions within working class movements caused by caste, communal divisions or gender discrimination are to be attributed to primordial loyalties, emphasizing instead the influence of the deliberate strategies adopted by capitalists and of changes in the structure of global and Indian capitalism. Finally, the book investigates the impact of capital-friendly liberalization on the fortunes of the working class in the Third World.

Unions Renewed

Unions Renewed
Author: Alice Martin
Publisher: Polity
Total Pages: 140
Release: 2020-12-02
Genre: Political Science
ISBN: 9781509539116

Trade unions are in crisis. Decades of decline and retrenchment are being compounded by a global elite who are increasingly extracting profit through exploitative financial engineering, in ways that side-step labour and undermine the power of organised workers. Do these trends spell the end for unions, or signal the need for a rapid renewal? Alice Martin and Annie Quick argue that the role of unions is more essential than ever in the 21st century - but only if they change. Automation and a rapid green industrial revolution present a once in a generation opportunity for unions to take a leading role in building a new, more equitable economy. However, renewal will require radical thinking. Unions must reset their ambitions beyond the traditional aims of wage bargaining to include resisting profit extraction through interest on personal debts and soaring property rents. From worker ownership to organising strikes outside of the workplace, they must stake out a different path - or accept a diminishing role. No-one committed to building a new economy can afford to miss this urgent, highly original book and its radical vision for a new trade unionism.

Financing the Green New Deal

Financing the Green New Deal
Author: Robert C. Hockett
Publisher: Springer Nature
Total Pages: 112
Release: 2020-08-05
Genre: Business & Economics
ISBN: 3030484505

Climate scientists have determined that we must act now to prevent an irreversible and catastrophic climatic tipping point, beyond which neither our own nor many other species can be assumed likely to survive. On the way to that bleak ending, moreover, extreme socio-economic injustice and associated political breakdown—now well underway in nations already hard-hit by environmental crisis—can be expected to hasten as well. The time has thus come to plan carefully, thoroughly, and on a scale commensurate with the crisis we face. This book, written by one of the key architects of the Green New Deal and prefaced by Representative Alexandria Ocasio-Cortez's former Chief of Staff, indicates how to structure Green New Deal finance in a manner that advances the cross-cutting goals of maximum financial and economic inclusion, maximally democratic decision-making, and an appropriate division of roles both among all levels of government and among public and private sector decision-makers. Integrating into one complete and coherent financial architecture such bold ideas as a 'People's Fed,' an interdepartmental National Investment Council, integrated state and regional public banks, a Democratic Digital Dollar and digital Taxpayer Savings and Transaction Accounts made part of the monetary policy transmission belt, and an economy-wide Price Stabilization Fund, this book is critical reading for policymakers and citizens looking for a fresh path forward towards a revived and sustainable, progressive and productive America.

Capital in the Twenty-First Century

Capital in the Twenty-First Century
Author: Thomas Piketty
Publisher: Harvard University Press
Total Pages: 817
Release: 2017-08-14
Genre: Business & Economics
ISBN: 0674979850

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

The Post-Fordist Sexual Contract

The Post-Fordist Sexual Contract
Author: Lisa Adkins
Publisher: Springer
Total Pages: 220
Release: 2016-03-16
Genre: Social Science
ISBN: 1137495545

This collection analyzes shifting relationships between gender and labour in post-Fordist times. Contingency creates a sexual contract in which attachments to work, mothering, entrepreneurship and investor subjectivity are the new regulatory ideals for women over a range of working arrangements, and across classed and raced dimensions.

Capital, the State, and Labour

Capital, the State, and Labour
Author: Juliet Schor
Publisher:
Total Pages: 416
Release: 1995
Genre: Capitalism
ISBN:

This work concerns transformation processes in labour relations and in production systems in the 1980s. It describes new industrial and occupational patterns, as well as technological progress and the implications of the end of the Welfare State. Old practices are assessed.

Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value

Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value
Author: Samir Amin
Publisher: NYU Press
Total Pages: 248
Release: 2018-02-22
Genre: Political Science
ISBN: 1583676570

The complete collection of Samir Amin's work on Marxism value theory Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.