Capitalism in the Age of Globalization: The Management of Contemporary Society (Critique. Influence. Change.)

Capitalism in the Age of Globalization: The Management of Contemporary Society (Critique. Influence. Change.)

Samir Amin

Language: English

Pages: 192

ISBN: 1780325614

Format: PDF / Kindle (mobi) / ePub


Samir Amin remains one of the world's most influential thinkers about the changing nature of North-South relations in the development of contemporary capitalism. In this highly prescient book, originally published in 1997, he provides a powerful analysis of the new unilateral capitalist era following the collapse of the Soviet model, and the apparent triumph of the market and globalization.

Amin's innovative analysis charts the rise of ethnicity and fundamentalism as consequences of the failure of ruling classes in the South to counter the exploitative terms of globalization. This has had profound implications and continues to resonate today. Furthermore, his deconstruction of the Bretton Woods institutions as managerial mechanisms which protect the profitability of capital provides an important insight into the continued difficulties in reforming them. Amin's rejection of the apparent inevitability of globalization in its present polarising form is particularly prophetic - instead he asserts the need for each society to negotiate the terms of its inter-dependence with the rest of the global economy.

A landmark work by a key contemporary thinker.

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of the Soviet system has served to enlarge the field of expansion of peripheral capitalism. No conditions exist there for the crystallization of Western-style social-democratic responses. Each of the two successive phases of globalized accumulation has provided a particular setting for political and social struggles. I have elsewhere defined the postwar cycle as a long period of progress standing on three pillars partly conflicting but also complementary (see Chapter 3, this volume, p. 46). This

ethnicity should be replaced in the strategic framework by an action one can sum up thus: respect diversity, unite in spite of it. Respecting diversity means renouncing the empty discourse of power which pretends to act 'in the national interest' (which this power more often than not betrays) by pretending to interiorize the ideology of the nation-state. This, then, is to accept social realities, particularly those of class, whose existence is usually denied by refusing them the means of

Plan thus aimed to support the intensification of intra-European trade as a prelude to a complete opening up. This was the exact opposite of the choice made half a century later vis-a-vis Eastern Europe, where the Western powers and the organizations inspired by them immediately intervened to dismantle the mutual dependences established within Comecon (whose official name was, of course, the Council for Mutual Economic Aid) even though this negatively affected reconstruction in the East. The

words, should Europe complement or compete with America and Japan? The choice, latent at each stage and in each great decision, has not in my view been clearly made. Nor can it be, given the differences of opinion not only between member-states but also within the public opinion of the various countries. The political aspect, still taking its first faltering steps, cannot seriously influence the decisions affecting economic integration. And yet, the economic choices presuppose, at least

result of the combined impact of the two processes. Obviously, such critics still consider development coterminous with the worldwide expansion of capitalism. From their viewpoint the development process is a sort of natural outcome of capitalism, though some would add that capitalist expansion needs to be channelled along adequate policy guidelines, so as to plane down its rough edges. In short, such criticism remains bounded within the parameters of the managerial approach. Then there are

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