Global Capitalism: The New LeviathanHow have global markets and global manufacturing changed the balance of social, economic and political power? With this volume Ross and Trachte challenge existing political-economic theory. In concise terms they show how traditional theories of monopoly capitalism and world systems are not well-suited to analyze the emergence of global capitalism. This book, in a series of case studies of U.S. metropolitan areas, examines the dramatic transformation of the world economy in the last two decades. The book's last section examines political strategy and the political theory implied by the heightened power of capital. |
Contents
Section | 103 |
Section | 141 |
Section | 156 |
31 | 157 |
32 | 165 |
Section | 169 |
43 | 186 |
Section | 189 |
Notes | 231 |
51 | 238 |
54 | 245 |
55 | 257 |
88 | 264 |
60 | 270 |
| 278 | |
| 295 | |
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Common terms and phrases
American analysis apparel automobile industry average Baran and Sweezy Boston capital mobility capital-to-capital capitalist capitalist class chapter Chase-Dunn Christopher Chase-Dunn core costs crisis crisis theory decline Detroit Detroit region Development direct investment division of labor dominant employers employment example foreign investment global capitalism global cities global firms growth High Tech Council Ibid Immanuel Wallerstein income increase international division job loss labor force low-wage manufactured exports market shares Marxist Massachusetts ment monopoly capitalism monopoly sector Monthly Review O'Connor older regions organized percent periphery perspective plant closing price competition rate of exploitation rate of profit relative autonomy relocation restructuring role semiperiphery strategic surplus sweatshops Table theory of global theory of monopoly Third World tion U. S. auto U. S. automobile U. S. Department unequal exchange union United variant working-class world economy world systems theory York City