The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation


Michael Perelman - 2000
    But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this? Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land. This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.

Social Reproduction Theory: Remapping Class, Recentring Oppression


Tithi BhattacharyaSerap Saritas Oran - 2017
    While many Marxists tend to focus on the productive economy, this book focuses on issues such as child care, health care, education, family life and the roles of gender, race and sexuality, all of which are central to understanding the relationship between economic exploitation and social oppression.In this book, leading writers such as Lise Vogel, Nancy Fraser, David McNally and Susan Ferguson reveal the ways in which daily and generational reproductive labour, found in households, schools, hospitals and prisons, also sustains the drive for accumulation.Presenting a more sophisticated alternative to intersectionality, these essays provide ideas which have important strategic implications for anti-capitalists, anti-racists and feminists attempting to find a path through the seemingly ever more complex world we live in.

The Decadent Society: How We Became the Victims of Our Own Success


Ross Douthat - 2020
    But beneath our social media frenzy and reality-television politics, the deeper reality is one of drift, repetition, and dead ends. The Decadent Society explains what happens when a rich and powerful society ceases advancing—how the combination of wealth and technological proficiency with economic stagnation, political stalemates, cultural exhaustion, and demographic decline creates a strange kind of “sustainable decadence,” a civilizational malaise that could endure for longer than we think..

Building the Commune: Radical Democracy in Venezuela


George Ciccariello-Maher - 2016
    The demands have been varied, but have expressed a consistent commitment to the ideals of radical democracy.Similar experiments began appearing across Latin America twenty-five years ago, just as the left fell into decline in Europe. In Venezuela, poor barrio residents arose in a mass rebellion against neoliberalism, ushering in a government that institutionalized the communes already forming organically. In Building the Commune, George Ciccariello-Maher travels through these radical experiments, speaking to a broad range of community members, workers, students and government officials. Assessing the projects’ successes and failures, Building the Commune provides lessons and inspiration for the radical movements of today.

Owning the Earth: The Transforming History of Land Ownership


Andro Linklater - 2013
    But that pattern, and the ways of life that went with it, were consigned to history by, Andro Linklater persuasively argues, the most creative and at the same time destructive cultural force in the modern era-the idea of individual, exclusive ownership of land.Spreading from both shores of the north Atlantic, it laid waste to traditional communal civilizations, displacing entire peoples from their homelands, but at the same time brought into being a unique concept of individual freedom and a distinct form of representative government and democratic institutions. By contrast, as Linklater demonstrates, other great civilizations, in Russia, China, and the Islamic world, evolved very different structures of land ownership and thus very different forms of government and social responsibility.The history and evolution of landownership is a fascinating chronicle in the history of civilization, offering unexpected insights about how various forms of democracy and capitalism developed, as well as a revealing analysis of a future where the Earth must sustain nine billion lives. Seen through the eyes of remarkable individuals-Chinese emperors; German peasants; the seventeenth century English surveyor William Petty, who first saw the connection between private property and free-market capitalism; the American radical Wolf Ladejinsky, whose land redistribution in Japan, Taiwan, and South Korea after WWII made possible the emergence of Asian tiger economies-Owning the Earth presents a radically new view of mankind's place on the planet.

Workers' Councils


Anton Pannekoek - 1946
    Left Communism is the theory and practice of worker control and self-organization whose adherents provided the main opposition to the Bolsheviks. Rarely printed, often cited, Pannekoek’s Workers’ Councils is the Das Kapital of Left Communism. This updated edition includes a substantial introduction from Noam Chomsky, illuminating the continuing relevance of this classic text."An urgent message to the future— are we listening?—from the most brilliant theoretician of libertarian com-munism."—Mike Davis, author of City of QuartzAnton Pannekoek was a Dutch worker, Socialist, and astronomer. He wrote Workers’ Councils amidst Nazi occupation of Holland.

Hall of Mirrors: The Great Depression, the Great Recession, and the Uses - and Misuses - of History


Barry Eichengreen - 2014
    Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. When markets went into cardiac arrest in 2008, policymakers invoked the lessons of the Great Depression in attempting to avert the worst. While their response prevented a financial collapse and catastrophic depression like that of the 1930s, unemployment in the U.S. and Europe still rose to excruciating high levels. Pain and suffering were widespread.The question, given this, is why didn't policymakers do better? Hall of Mirrors, Barry Eichengreen's monumental twinned history of the two crises, provides the farthest-reaching answer to this question to date. Alternating back and forth between the two crises and between North America and Europe, Eichengreen shows how fear of another Depression following the collapse of Lehman Brothers shaped policy responses on both continents, with both positive and negative results. Since bank failures were a prominent feature of the Great Depression, policymakers moved quickly to strengthen troubled banks. But because derivatives markets were not important in the 1930s, they missed problems in the so-called shadow banking system. Having done too little to support spending in the 1930s, governments also ramped up public spending this time around. But the response was indiscriminate and quickly came back to haunt overly indebted governments, particularly in Southern Europe. Moreover, because politicians overpromised, and because their measures failed to stave off a major recession, a backlash quickly developed against activist governments and central banks. Policymakers then prematurely succumbed to the temptation to return to normal policies before normal conditions had returned. The result has been a grindingly slow recovery in the United States and endless recession in Europe.Hall of Mirrors is both a major work of economic history and an essential exploration of how we avoided making only some of the same mistakes twice. It shows not just how the lessons of Great Depression history continue to shape society's response to contemporary economic problems, but also how the experience of the Great Recession will permanently change how we think about the Great Depression.

The Wages of Destruction: The Making and Breaking of the Nazi Economy


Adam Tooze - 2007
    But what if this was not the case? What if the war had its roots in Germany's weakness, not its strength? This is the radical argument in this pathbreaking book, the first account of the Nazi era for the twenty-first century and our globalized world.There was no aspect of Nazi power untouched by economics, yet Adam Tooze is the first to place economics alongside race and politics at the heart of the story of the Third Reich. And America, in Tooze's view, is the true pivot for Hitler's epic challenge to a shift in the world order. Hitler intuitively understood how Germany's relative poverty in the 1930s was the result not just of global depression, but also of Germany's limited resources. He predicted the dawning of a globalized world in which Europe would be crushed by America's overwhelming power, against which he saw only one last chance: a German super-state dominating Europe. Doing what Europeans had done for three centuries, he sought to carve out an imperial hinterland through one last land grab to the east, to give him the self-sufficiency to prevail in the coming superpower competition. With the odds stacked against him, he launched his underresourced armies on their unprecedented and ultimately futile rampage across Europe.Hitler knew by the summer of 1939 that his efforts to prepare for a long war with the West were doomed to failure. Ideology drove him forward. Hitler became convinced that Jewish elements in Washington, London, and Paris were circling round him, and from 1938, the international "Jewish question: was synonymous with America in his mind. Even in the summer of 1940, at the moment of Germany's greatest triumphs, Hitler was still haunted by the looming threat of Anglo-American air and sea power, orchestrated by, he believed, the world Jewish conspiracy.Tooze also casts a stark new light on Albert Speer's role in sustaining the Third Reich to its bloody end, after the catastrophe of the Soviet invasion. Speer, Tooze proposes, was no apolitical agent of technocratic efficiency but a Hitler loyalist who would stop at nothing to continue a hopeless battle of attrition, at the cost of tens of millions of lives.The Wages of Destruction is a chilling work of originality and tremendous scholarship that will fundamentally change the way in which we view Nazi Germany and the Second World War.

Revolution in Rojava: Democratic Autonomy and Women's Liberation in the Syrian Kurdistan


Michael Knapp - 2015
    And while the reality of the devastation is undeniable, there is  reason for hope in at least one small pocket of the nation: the cantons of Rojava in Syrian Kurdistan, where in the wake of war people are quietly building one of the most progressive societies in the world today. Revolution in Rojava tells the story of Rojava's groundbreaking experiment in what they call democratic confederalism, a communally organized democracy that is fiercely anti-capitalist and committed to female equality, while rejecting reactionary nationalist ideologies. Rooted in the ideas of imprisoned Kurdish leader Abdullah Ocalan, the system is built on effective gender quotas, bottom-up democratic structures, far-sighted ecological policies, and a powerful militancy that has allowed the region to keep ISIS at bay. This first full-length study of democratic developments in Rojava tells an extraordinary and powerfully hopeful story of a little-known battle for true freedom in dark times.

Seeing Like a State: How Certain Schemes to Improve the Human Condition Have Failed


James C. Scott - 1998
    Why do well-intentioned plans for improving the human condition go tragically awry?In this wide-ranging and original book, James C. Scott analyzes failed cases of large-scale authoritarian plans in a variety of fields. Centrally managed social plans misfire, Scott argues, when they impose schematic visions that do violence to complex interdependencies that are not—and cannot—be fully understood. Further, the success of designs for social organization depends upon the recognition that local, practical knowledge is as important as formal, epistemic knowledge. The author builds a persuasive case against "development theory" and imperialistic state planning that disregards the values, desires, and objections of its subjects. He identifies and discusses four conditions common to all planning disasters: administrative ordering of nature and society by the state; a "high-modernist ideology" that places confidence in the ability of science to improve every aspect of human life; a willingness to use authoritarian state power to effect large- scale interventions; and a prostrate civil society that cannot effectively resist such plans.

Capitalism, Alone: The Future of the System That Rules the World


Branko Milanović - 2019
    For the first time in human history, the globe is dominated by one economic system. In Capitalism, Alone, leading economist Branko Milanovic explains the reasons for this decisive historical shift since the days of feudalism and, later, communism. Surveying the varieties of capitalism, he asks: What are the prospects for a fairer world now that capitalism is the only game in town? His conclusions are sobering, but not fatalistic. Capitalism gets much wrong, but also much right--and it is not going anywhere. Our task is to improve it.Milanovic argues that capitalism has triumphed because it works. It delivers prosperity and gratifies human desires for autonomy. But it comes with a moral price, pushing us to treat material success as the ultimate goal. And it offers no guarantee of stability. In the West, liberal capitalism creaks under the strains of inequality and capitalist excess. That model now fights for hearts and minds with political capitalism, exemplified by China, which many claim is more efficient, but which is more vulnerable to corruption and, when growth is slow, social unrest. As for the economic problems of the Global South, Milanovic offers a creative, if controversial, plan for large-scale migration. Looking to the future, he dismisses prophets who proclaim some single outcome to be inevitable, whether worldwide prosperity or robot-driven mass unemployment. Capitalism is a risky system. But it is a human system. Our choices, and how clearly we see them, will determine how it serves us.

Austerity: The History of a Dangerous Idea


Mark Blyth - 2013
    In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.

Global Capitalism: Its Fall and Rise in the Twentieth Century


Jeffry A. Frieden - 2006
    Then as now, many people considered globalization to be inevitable and irreversible. Yet the entire edifice collapsed in a few months in 1914.Globalization is a choice, not a fact. It is a result of policy decisions and the politics that shape them. Jeffry A. Frieden's insightful history explores the golden age of globalization during the early years of the century, its swift collapse in the crises of 1914-45, the divisions of the Cold War world, and the turn again toward global integration at the end of the century. His history is full of character and event, as entertaining as it is enlightening.

Hacia la estación Finlandia (Historia)


Edmund Wilson - 1940
    TO THE FINLAND STATION is a work of history on a grand scale, at once sweeping, detailed, closely reasoned & passionately argued, that succeeds in painting an unforgettable picture--alive with conspirators, philosophers, utopians & nihilists--of the making of the modern world. 'The 1st thing that strikes us about To the Finland Station is the vastness of its scope...It is easily, equally at home in the philosopher's study, in the prisoner's cell, on the steppes, in the streets, melancholy in great country houses, choking in fetid industrial slums...It can remind us that our history is alive & open & rich with excitement & promise'--NY Times Book Review

Ecology and Socialism: Solutions to Capitalist Ecological Crisis


Chris Williams - 2010
    The majority of solutions on offer, from using efficient light bulbs to biking to work, focus on individual lifestyle changes, yet the scale of the crisis requires far deeper adjustments. Ecology and Socialism argues that time still remains to save humanity and the planet, but only by building social movements for environmental justice that can demand qualitative changes in our economy, workplaces, and infrastructure."Williams adds a new and vigorous voice to the growing awareness that, yes, it is our capitalist system that is ruining the natural foundation of our civilization and threatening the very idea of a future. I am particularly impressed by the way he develops a clear and powerful argument for an ecological socialism directly from the actual ground of struggle, whetheragainst climate change, systematic poisoning from pollution, or the choking stream of garbage. Ecology and Socialism is a notable addition to the growing movement to save our planet from death-dealing capitalism.”—Joel Kovel, author of The Enemy of Nature�Finally, a book that bridges the best of the scholarly and activist literatures in socialist ecology! Sophisticated and compelling, eschewing academic jargons �postmodern’ and otherwise, Ecology and Socialism more than competently champions a Marxist approach to environmental crisis and the kind of economic democracy needed to achieve an ecologically friendly system of production and human development.”—Paul Burkett, author of Marxism and Ecological Economics�This book is more than essential reading—it is a powerful weapon in the fight to save our planet.”—Ian Angus, editor of climateandcapitalism.comChris Williams is a longtime environmental activist, professor of physics and chemistry at Pace University, and chair of the science department at Packer Collegiate Institute. He lives in New York City.