Considering the Life-Blood of Global Capitalism

Journalist and filmmaker Saul Landau writes for Counterpunch on anti-austerity protests across the western world and the ever-chugging "engine of America's 'informal empire.'" Condemning the American media for projecting a shallow, one-dimensional caricature of economic crisis in the Eurozone and fretting endlessly over "who will next direct the Empire," Landau writes of the necessity for a practical historical analysis of market-driven capitalism's global development:
Landau commends the authors of The Making of Global Capitalismin particular for their exhaustive narration of the IMF's role in restructuring global financial systems to the benefit of powerful financial firms, and for repudiating "apocalyptic scenarios of capitalisms' impending doom and instead offer[ing] suggestions about 'turning the financial institutions that are the life-blood of global capitalism into public utilities.'Scholars and journalists have ... dissected US military activities over the decades, but few writers have dared to try to take on the economic institutions, the crucial other pieces of modern US Empire ... So readers should avail themselves of Professors Leo Panitch's — Political Science Professor at Toronto's York University — and his colleague Sam Ginden's excellent researching and insightful analysis, as well as their readable description and explanation of how the money part of the US empire works.
Visit Counterpunch to read the review in full.
Related Books
by Sam Gindin and Leo Panitch
- 0
- 1
Paperback
Paperback with free ebook$34.95$24.4630% off
464 pages / October 2013 / 9781781681367
Please allow an additional 10–12 days for this book to be dispatched. Please note that this book may ship after other items in your order.
Hardback
Hardback with free ebook$29.95
464 pages / October 2012 / 9781844677429
Not in stock
-
Where to buy
- —Amazon
- —IndieBound
- —Powell’s