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System in Crisis: The Dynamics of Free Market Capitalism

System in Crisis: The Dynamics of Free Market Capitalism
By James Petras, Henry Veltmeyer

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Mounting hostility to the hegemony of the United States. Stock markets around the world falling to unanticipated lows. Environmental destruction continuing unchecked. Sluggish economic growth. Unprecedented income inequality. Ever larger numbers of desperately poor people. Something is fundamentally wrong. Globalization is a system in crisis. This book explores this crisis as the United States tries to impose itself on the world under the guise of its war on terrorism. It examines its economic, ecological and political manifestations, and shows how resistance to capitalist globalization is being organized among very diverse social sectors - rural peasants, indigenous peoples, the unemployed, and even amongst urban, middle class elements in the wealthy countries of the North. They assess the prospects for unifying the diverse forces of opposition to neoliberalism, capitalism and imperialism, and for an alternative form of development.


Product Details

  • Amazon Sales Rank: #4177601 in Books
  • Published on: 2003-12-01
  • Original language: English
  • Number of items: 1
  • Binding: Hardcover
  • 224 pages

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About the Author
James Petras is professor emeritus of sociology, State University of New York, Binghamton and Henry Veltmeyer is professor of international dvelopment studies, Saint Mary's University, Canada.They are the co-authors of Globalization Unmasked - Imperialism in the 21st Century (Zed Books, 2001).