By Kim Moody. From Haymarket Books: In his latest book, Kim Moody analyzes how recent changes in capitalism have altered both the composition of the working class and the economic and political ground on which it struggles. On New Terrain challenges conventional wisdom about a disappearing working class and the inevitability of a two-party political … More New Book: On New Terrain – How Capital is Reshaping the Battleground of Class War
By Joseph E. Stiglitz. From W.W. Norton: In this crucial expansion and update of his landmark bestseller, renowned economist and Nobel Prize winner Joseph E. Stiglitz addresses globalization’s new discontents in the United States and Europe. Immediately upon publication, Globalization and Its Discontents became a touchstone in the globalization debate by demonstrating how the International … More New Book: Globalization and Its Discontents Revisited – Anti-Globalization in the Era of Trump
By Richard D. Wolff, US capitalism is again careening down blind alleys. Earlier it had crashed into the Great Depression from 1929 to 1933 before lurching into the New Deal. After 1945 it concentrated on rolling back the New Deal until it turned sharply to neoliberalism and “globalism” in the 1970s. That provided the comforting … More The Political Economy of Obama/Trump
by John Bellamy Foster with a foreword by Robert W. McChesney. From Monthly Review Press: Remember that metaphor about the frog that slowly cooks to death in the pot of increasingly warm water? Leftists have used it for years to describe how people can accept dwindling health care, fading job opportunities, eroding racial and gender … More New Book: Trump in the White House – Tragedy and Farce
By Doug Henwood, If I were a debased purveyor of clickbait, I’d call this “Everything that’s wrong with America in two charts.” But I’m not, so I won’t. But still . . . Hurricane Harvey is only the latest reminder that the US infrastructure is falling apart — a situation that become more urgent as the climate crisis … More Why the United States Is Falling Apart
Steven Pressman, professor of economics at Colorado State University, delves into what defines the middle class and how it has been affected in recent years.
By Salvatore Babones. From Policy Press: After a meteoric rise, China’s once inexorable growth has come to a screeching halt, ending the Chinese dream of establishing a new tianxia (”harmonious order”;) in Asia with China at its center. In this book, Salvatore Babones provides an up-to-date assessment of China’s economic problems and how they are … More New book: American Tianxia – Chinese Money, American Power and the End of History