Description - Globalization Unmasked by James Petras
No word today is as much used and abused as globalization. As the authors see it, it obscures more than it reveals about what is going on worldwide. They argue that it provides a cover for a new form of imperialist exploitation and the institution of US hegemony over a global process of capitalist accumulation. In the last decade of the 20th century, capitalists in Europe and the United States managed to create favourable conditions for the takeover and recolonization of economies all across the developing world. In the process, a new and emergent class of international capitalists, mostly located in North America and Western Europe, managed to restore highly profitable returns on their investments and operations, and to create islands of growing poverty and misery. This book provides a theoretical perspective on this process. The imperialist analytical framework, the authors argue, provides a better understanding of what is really going on and points towards forces of resistance and opposition that can be mobilized through political action to bring about needed change.
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(216mm x 138mm x mm)
Zed Books Ltd
Publisher: Zed Books Ltd
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Author Biography - James Petras
James Petras is emeritus professor of sociology at Binghamton University, New York. He is author of over 30 books on Latin American and world affairs, including Poverty and Democracy in Chile (1997) and The Dynamics of Social Change in Latin America (2000).
Henry Veltmeyer is professor of sociology and international studies at Saint Mary's University, Halifax, Canada and adjunct professor of political science at the Universidad Autonoma de Zacatecas, Mexico. He is author of numerous scholarly articles and books on Canadian political economy and Latin American development, including Neoliberalism and Class Conflict in Latin America (1997) and The Labyrinth of Latin American Development (1999).