Capitalism

About: Capitalism is a research topic. Over the lifetime, 27714 publications have been published within this topic receiving 858042 citations.

The financialisation of the social project: Embedded liberalism, neoliberalism and home ownership:

Abstract: This paper argues that the relentless logic of commodification has served to undermine a key element of the social cement of contemporary capitalism: home ownership. In addressing this issue, the paper explores the development of the post war ‘social project’ of home ownership with particular reference to mature home ownership societies such as the USA, Japan, Britain and Australia. The paper then outlines the new fault lines and fractures which have emerged in post-crisis home ownership systems and the way in which a more vigorous, financialised private landlordism has emerged from the debris of the subprime meltdown. A key argument is that in a new and more intensified process of housing commodification, the social project promise of home ownership for a previous generation has shifted to a promise of private landlordism for current generations. In summary, the social project of Keynesian-embedded liberalism has been undermined by the economic project of neoliberalism.

Asian business systems: institutional comparison, clusters and implications for varieties of capitalism and business systems theory

Abstract: We present an institutional comparison of 13 major Asian business systems— China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, the Philippines, Singapore, Korea, Taiwan, Thailand and Vietnam—with one another and five major Western economies—France, Germany, Sweden, the UK and the USA. We find five major types of business systems in Asia: (post-)socialist, advanced city, emerging Southeast Asian, advanced Northeast Asian and Japanese. With the exception of Japan, all Asian forms of capitalism are fundamentally distinct from Western types of capitalism. We conclude that the Varieties of Capitalism (VOC) dichotomy is not applicable to Asia; that none of the existing major frameworks capture all Asian types of capitalism; and that Asian business systems (except Japan) cannot be understood through categories identified in the West. Our analysis further suggests a need for the field to invest in further research on social capital, culture, informality and multiplexity.

Critical Education Against Global Capitalism: Karl Marx and Revolutionary Critical Education

Abstract: Series Foreword by Henry A. Giroux Introduction Global Capital and the Human Condition: An Absurd Way to Begin a New Millennium Unfolding the Essence of Capitalism--From the Simple Commodity to Global Social Domination: Capitalism Part I From Essence to Appearance: Capitalism Part II Ya Basta! (Enough): Challenging Capitalism in the New Millennium Critical Education for Revolutionary Social Transformation Freirean Critical Education in an Unlikely Context Towards the Abolition of Absurdity: Saying "No" to Capitalism Further Readings Index

They live in a state of nomadism and savagery : The late Ottoman empire and the post-colonial debate

Abstract: The Ottoman Empire was the last great Muslim world empire to survive into the age of modernity. The Ottoman state, together with its contemporaries, Habsburg Austria and Romanov Russia, was engaged in a struggle for survival in a world where it no longer made the rules. As the nineteenth century approached its last quarter, these rules were increasingly determined by the successful and aggressive world powers, Britain, France, and after 1870, Germany. As external pressure on the ottoman Empire mounted from the second half of the century, the Ottoman center found itself obliged to squeeze manpower resources it had hitherto not tapped. Particularly nomadic populations, armed and already possessing the military skills required, now became a primary target for mobilization. This study is an attempt to come to grips with the “civilizing mission” mentality of the late Ottomans and their “project of modernity” as reflected in their provincial administration. It is the view of this writer that sometime in the nineteenth century the Ottoman elite adopted the mindset of their enemies, the arch-imperialists, and came to conceive of its periphery as a colonial setting.My definition of colonialism here closely follows the Leninist position as in “Imperialism the Highest Stage of Capitalism.” In my view, this is still one of the best and most succinct definitions of imperialism. After showing how the partition of the word accelerated in the 1880s, Lenin concludes, “It is beyond doubt therefore, that capitalism's transition to the stage of monopoly capitalism, to finance capital, is connected with the intensification of the struggle for the partitioning of the world.” V. Lenin, Selected Works (Moscow: Progress Publishers 1977), 224.

The Origins of Nonliberal Capitalism: Germany and Japan in Comparison

Abstract: The German and Japanese economies are more socially and politically regulated, and in this sense less liberal, than their Anglo-American counterparts. In The Origins of Nonliberal Capitalism, an international and interdisciplinary group of scholars explains why and how Germany and Japan developed nonliberal types of capitalism, looking at the institutional histories of the welfare state, the financial system, corporate governance and skill formation. Similarities and differences are traced in relation to attempts at conservative social reform during late 19th century industrialization and subsequent political pathways to democratization. The book's analysis of the historical dynamics of institutional change, particularly the political and organizational challenges of adapting and integrating new institutional repertoires, suggests new insights on how nationally distinct forms of capitalism will respond to current and future challenges of internationalization.