Ten contributions from scholars and activists discuss the political economy of the labor process in the age of global capitalism, examining how the global economy effects ordinary people in the workplace. Topics include, for example, the struggle for control at the point of production, the division of labor along racial lines in U.S. agriculture, and women and resistance in the transnational labor force. Editor Berberoglu teaches sociology at the U. of Nevada, Reno. Annotation copyrighted by Book News, Inc., Portland, OR
For every person who reads this text on the printed page, many more will read it on a computer screen or mobile device. It’s a situation that we increasingly take for granted in our digital era, and while it is indicative of the novelty of twenty-first-century capitalism, it is also the key to understanding its driving force: the relentless impulse to commodify our lives in every aspect. Ursula Huws ties together disparate economic, cultural, and political phenomena of the last few decades to form a provocative narrative about the shape of the global capitalist economy at present. She examines the way that advanced information and communications technology has opened up new fields of capital accumulation: in culture and the arts, in the privatization of public services, and in the commodification of human sociality by way of mobile devices and social networking. These trends are in turn accompanied by the dramatic restructuring of work arrangements, opening the way for new contradictions and new forms of labor solidarity and struggle around the planet. Labor in the Global Digital Economy is a forceful critique of our dizzying contemporary moment, one that goes beyond notions of mere connectedness or free-flowing information to illuminate the entrenched mechanisms of exploitation and control at the core of capitalism.
This work looks at the way in which the new global economy works, examining its effect on the power and legitimacy of individual states. It argues that national sovereignty has not eroded, but states have begun to reconfigure, to decide where their resonsi
A groundbreaking consideration of death from capitalism, from the seventeenth to the twenty-first century From a 2013 Texas fertilizer plant explosion that killed fifteen people and injured 252 to a 2017 chemical disaster in the wake of Hurricane Harvey, we are confronted all too often with industrial accidents that reflect the underlying attitude of corporations toward the lives of laborers and others who live and work in their companies’ shadows. Dead Labor takes seriously the myriad ways in which bodies are commodified and profits derived from premature death. In doing so it provides a unique perspective on our understanding how life and death drive the twenty-first-century global economy. James Tyner tracks a history from the 1600s through which premature death and mortality became something calculable, predictable, manageable, and even profitable. Drawing on a range of examples, including the criminalization of migrant labor, medical tourism, life insurance, and health care, he explores how today we can no longer presume that all bodies undergo the same processes of life, death, fertility, and mortality. He goes on to develop the concept of shared mortality among vulnerable populations and examines forms of capital exploitation that have emerged around death and the reproduction of labor. Positioned at the intersection of two fields—the political economy of labor and the philosophy of mortality—Dead Labor builds on Marx’s notion that death (and truncated life) is a constant factor in the processes of labor. Considering premature death also as a biopolitical and bioeconomic concept, Tyner shows how racialized and gendered bodies are exposed to it in unbalanced ways within capitalism, and how bodies are then commodified, made surplus and redundant, and even disassembled in order to accumulate capital.
Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Governments and central banks across the developed world have tried every policy tool imaginable, yet our economies remain sluggish or worse. How did we get here, and how can we compete and prosper once more? Daniel Alpert argues that a global labor glut, excess productive capacity, and a rising ocean of cheap capital have kept the Western economies mired in underemployment and anemic growth. We failed to anticipate the impact of the torrent of labor and capital unleashed by formerly socialist economies. Many policymakers miss the connection between global oversupply and the lack of domestic investment and growth. But Alpert shows how they are intertwined and offers a bold, fresh approach to fixing our economic woes. Twitter: @DanielAlpert
This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.
