Download or read book Modern Imperialism Monopoly Finance Capital and Marx s Law of Value written by Samir Amin and published by NYU Press. This book was released on 2018-02-22 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complete collection of Samir Amin's work on Marxism value theory Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.
Download or read book Financial Missionaries to the World written by Emily S. Rosenberg and published by Duke University Press. This book was released on 2004-01-02 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Society for Historians of American Foreign Relations Robert H. Ferrell Book Prize Financial Missionaries to the World establishes the broad scope and significance of "dollar diplomacy"—the use of international lending and advising—to early-twentieth-century U.S. foreign policy. Combining diplomatic, economic, and cultural history, the distinguished historian Emily S. Rosenberg shows how private bank loans were extended to leverage the acceptance of American financial advisers by foreign governments. In an analysis striking in its relevance to contemporary debates over international loans, she reveals how a practice initially justified as a progressive means to extend “civilization” by promoting economic stability and progress became embroiled in controversy. Vocal critics at home and abroad charged that American loans and financial oversight constituted a new imperialism that fostered exploitation of less powerful nations. By the mid-1920s, Rosenberg explains, even early supporters of dollar diplomacy worried that by facilitating excessive borrowing, the practice might induce the very instability and default that it supposedly worked against. "[A] major and superb contribution to the history of U.S. foreign relations. . . . [Emily S. Rosenberg] has opened up a whole new research field in international history."—Anders Stephanson, Journal of American History "[A] landmark in the historiography of American foreign relations."—Melvyn P. Leffler, author of A Preponderence of Power: National Security, the Truman Administration, and the Cold War "Fascinating."—Christopher Clark, Times Literary Supplement
Download or read book Gold Finance and Imperialism in South Africa 1887 1902 written by Mariusz Lukasiewicz and published by Springer Nature. This book was released on with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Finance Politics and Imperialism written by A. Dilley and published by Springer. This book was released on 2011-12-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andrew Dilley offers a major new study of financial dependence, examining the connections this dependence forged between the City and political life in Edwardian Australia and Canada, mediated by ideas of political economy. In doing so he reconstructs the occasionally imperialistic politic of finance which pervaded the British World at this time.
Download or read book Money Finance and Empire written by A.N. Porter and published by Routledge. This book was released on 2013-11-05 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was first published in 1985.
Download or read book Looting Greece written by Jack Rasmus and published by SCB Distributors. This book was released on 2016-09-20 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looting Greece examines how and why the Syriza party, which took power in January 2015 promising to end austerity, and return Greece to economic growth, ended up agreeing to a deal much worse than its political predecessors in 2010 and 2012. Placing the Greek events of 2015 in broader historical perspective, Rasmus argues a radical new neoliberal initiative in Europe has emerged. In the 2015 debt deal the Troika will now directly manage Greece’s economy―running its banks, writing Greece’s budget, vetting and replacing government ministers, exercising veto rights over Greece’s parliament and Executive agencies, dictating its taxes, and implanting ‘Troika Commissars’ to watch over and approve day to day decisions of Greek government at all levels. Looting Greece explains how a new kind of financial imperialism is emerging in Greece, Europe’s periphery, and soon elsewhere.
Download or read book American Empire and the Political Economy of Global Finance written by L. Panitch and published by Springer. This book was released on 2008-07-24 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a lively critique of how international and comparative political economy misjudge the relationship between global markets and states, this book demonstrates the central place of the American state in today's world of globalized finance. The contributors set aside traditional emphases on military intervention, looking instead to economics.
Download or read book Mammon and the Pursuit of Empire written by Lance E. Davis and published by Cambridge University Press. This book was released on 2009-08-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historians have so far made few attempts to assess directly the costs and benefits of Britain's investment in empire. This book presents answers to some of the key questions about the economics of imperialism: how large was the flow of finance to the empire? How great were the profits on empire investment? What were the social costs of maintaining the empire? Who received the profits, and who bore the costs? The authors show that colonial finance did not dominate British capital markets; returns from empire investment were not high in comparison to earnings in the domestic and foreign sectors; there is no evidence of continued exploitative profits; and empire profits were earned at a substantial cost to the taxpayer. They depict British imperialism as a mechanism to effect an income transfer from the tax-paying middle class to the elites in which the ownership of imperial enterprise was heavily concentrated, with some slight net transfer to the colonies in the process.
Download or read book Hobson and Imperialism written by P. J. Cain and published by OUP Oxford. This book was released on 2002-07-11 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 2002 sees the centenary of J. A. Hobson's Imperialism: A Study, the most influential critique of British imperial expansion ever written. P. J. Cain marks the occasion by evaluating, for the first time, Hobson's writings on imperialism from his days as a journalist in London to his death in 1940. The early chapters chart Hobson's progress from complacent imperialist in the 1880s to radical critic of empire by 1898. This is followed by an account of the origins of Imperialism and a close analysis of the text in the context of contemporary debates. Two chapters cover Hobson's later writings, showing their richness and variety, and analysing his decision to republish Imperialism in 1938. The author discusses the reception of Imperialism and its emergence as a 'classic' by the late 1930s and ends with a detailed discussion of the relevance of the arguments of Imperialism to present-day historians.
Download or read book Imperialism and the Developing World written by Atul Kohli and published by Oxford University Press, USA. This book was released on 2020 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did Western imperialism shape the developing world? In Imperialism and the Developing World, Atul Kohli tackles this question by analyzing British and American influence on Asia, Africa, the Middle East, and Latin America from the age of the British East India Company to the most recent U.S. war in Iraq. He argues that both Britain and the U.S. expanded to enhance their national economic prosperity, and shows how Anglo-American expansionism hurt economic development in poor parts of the world. To clarify the causes and consequences of modern imperialism, Kohli first explains that there are two kinds of empires and analyzes the dynamics of both. Imperialism can refer to a formal, colonial empire such as Britain in the 19th century or an informal empire, wielding significant influence but not territorial control, such as the U.S. in the 20th century. Kohli contends that both have repeatedly undermined the prospects of steady economic progress in the global periphery, though to different degrees. Time and again, the pursuit of their own national economic prosperity led Britain and the U.S. to expand into peripheral areas of the world. Limiting the sovereignty of other states-and poor and weak states on the periphery in particular-was the main method of imperialism. For the British and American empires, this tactic ensured that peripheral economies would stay open and accessible to Anglo-American economic interests. Loss of sovereignty, however, greatly hurt the life chances of people living in Asia, the Middle East, Africa, and Latin America. As Kohli lays bare, sovereignty is an economic asset; it is a precondition for the emergence of states that can foster prosperous and inclusive industrial societies.
Download or read book Value Chains written by Intan Suwandi and published by Monthly Review Press. This book was released on 2019-08-22 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Award-winning book showcases case studies uncovering the exploitation of labor and class in the Global South Winner of the 2018 Paul M. Sweezy—Paul A. Baran Memorial Award for original work regarding the political economy of imperialism, Value Chains examines the exploitation of labor in the Global South. Focusing on the issue of labor within global value chains, this book offers a deft empirical analysis of unit labor costs that is closely related to Marx’s own theory of exploitation. Value Chains uncovers the concrete processes through which multinational corporations, located primarily in the Global North, capture value from the Global South. We are brought face to face with various state-of-the-art corporate strategies that enforce “economical” and “flexible” production, including labor management methods, aimed to reassert the imperial dominance of the North, while continuing the dependency of the Global South and polarizing the global economy. Case studies of Indonesian suppliers exemplify the growing burden borne by the workers of the Global South, whose labor creates the surplus value that enriches the capitalists of the North, as well as the secondary capitals of the South. Today, those who control the value chains and siphon off the profits are primarily financial interests with vast economic and political power—the power that must be broken if the global working class is to liberate itself. Suwandi’s book depicts in concrete detail the relations of unequal exchange that structure today’s world economy. This study, up-to-date and richly documented, puts labor and class back at the center of our understanding of the world capitalist system.
Download or read book The Money Doctors from Japan written by Michael Schiltz and published by BRILL. This book was released on 2020-03-17 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Money and finance have been among the most potent tools of colonial power. This study investigates the Japanese experiment with financial imperialism—or “yen diplomacy”—at several key moments between the acquisition of Taiwan in 1895 and the outbreak of the Sino-Japanese War in 1937. Through authoritarian monetary reforms and lending schemes, government officials and financial middlemen served as “money doctors” who steered capital and expertise to Japanese official and semi-official colonies in Taiwan, Korea, China, and Manchuria. Michael Schiltz points to the paradox of acute capital shortages within the Japan’s domestic economy and aggressive capital exports to its colonial possessions as the inevitable but ultimately disastrous outcome of the Japanese government’s goal to exercise macroeconomic control over greater East Asia and establish a self-sufficient “yen bloc.” Through their efforts to implement their policies and contribute to the expansion of the Japanese empire, the “money doctors” brought to the colonies a series of banking institutions and a corollary capitalist ethos, which would all have a formidable impact on the development of the receiving countries, eventually affecting their geopolitical position in the postcolonial world."
Download or read book The Oxford Handbook of Economic Imperialism written by Zak Cope and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Oxford Handbook of Economic Imperialism examines unequal commercial, trade, and investment gains at the international level and explores how countries and nations can have exploitative relations. The book contains thirty-four chapters written by academics and experts in the field of international political economy. The chapters in the Handbook look at the history of economic imperialism from the early modern age to the present. They demonstrate the persistence of economic imperialism in today's postcolonial world and the enduring control wielded by great powers even after the end of formal empire. The book reveals how emerging powers are expanding economic control in new geographic and geopolitical contexts. The Handbook highlights the significance of economic imperialism in the structures, relations, processes, and ideas that help sustain poverty and conflict worldwide"--
Download or read book Bankers and Empire written by Peter James Hudson and published by University of Chicago Press. This book was released on 2017-04-27 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.
Download or read book Latin America Economic Imperialism and the State written by Christopher Abel and published by Bloomsbury Publishing. This book was released on 2015-11-19 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lewis and Able examine the economic relationship between Latin America and the 'advanced' countries since their independence from Spanish and Portuguese rule. They reinterpret the significance of Latin America's external connections through juxtaposing Latin America and the British scholars from different ideological and intellectual backgrounds. This work is of considerable importance in promoting comparative work in development studies of Latin America and the Third World.
Download or read book Imperialism written by J. A. Hobson and published by Cosimo, Inc.. This book was released on 2006-10-01 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his Preface to the 1902 first edition of Imperialism: A Study, imperial critic J.A. Hobson demonstrates his prophetic talents by noting, just as the Victorian age was ending and World War I was brewing, that "Imperialism has been adopted as a more or less conscious policy by several European States and threatens to break down the political isolation of the United States." Though the book speaks mostly of British imperialism of the period, Hobson inevitably explores the general principals-and hidden motives-of imperialist policy. Hobson covers: . the commercial value of imperialism . imperialism as an outlet for population . economic parasites of imperialism . imperialist finance . moral and sentimental factors . and much more. With imperialism again a hot topic in the political arena, Hobson's treatise continues to lend invaluable, necessary insight into a complex ideology. British writer JOHN ATKINSON HOBSON (1858-1940) was an historian and economist as well as a popular lecturer on the topics. His other books include The Evolution of Modern Capitalism (1894), The Economics of Distribution (1900), The Economics of Unemployment (1922), and the autobiographical Confessions of an Economic Heretic (1938).
Download or read book Bankers and Pashas written by David S. Landes and published by . This book was released on 1979 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt:
