{"product_id":"capital-and-imperialism-9781583678916","title":"Capital and Imperialism","description":"\u003cp\u003e\u003cb\u003eA comprehensive survey of capitalism's colonialist roots and uncertain future\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThose who control the world’s commanding economic heights, buttressed by the theories of\u003cbr\u003emainstream economists, presume that capitalism is a self-contained and self-generating system.\u003cbr\u003eNothing could be further from the truth. In this pathbreaking book—winner of the Paul A. Baran-Paul M.\u003cbr\u003eSweezy Memorial Award—radical political economists Utsa Patnaik and Prabhat Patnaik argue that the\u003cbr\u003eaccumulation of capital has always required the taking of land, raw materials, and bodies from\u003cbr\u003enoncapitalist modes of production. They begin with a thorough debunking of mainstream economics.\u003cbr\u003eThen, looking at the history of capitalism, from the beginnings of colonialism half a millennium ago to\u003cbr\u003etoday’s neoliberal regimes, they discover that, over the long haul, capitalism, in order to exist, must\u003cbr\u003emetastasize itself in the practice of imperialism and the immiseration of countless people.\u003cbr\u003eA few hundred years ago, write the Patnaiks, colonialism began to ensure vast, virtually free, markets for\u003cbr\u003enew products in burgeoning cities in the West. But even after slavery was generally abolished, millions\u003cbr\u003eof people in the Global South still fell prey to the continuing lethal exigencies of the marketplace. Even\u003cbr\u003eafter the Second World War, when decolonization led to the end of the so-called “Golden Age of\u003cbr\u003eCapitalism,” neoliberal economies stepped in to reclaim the Global South, imposing drastic “austerity”\u003cbr\u003emeasures on working people. But, say the Patnaiks, this neoliberal economy, which lives from bubble to\u003cbr\u003ebubble, is doomed to a protracted crisis. In its demise, we are beginning to see – finally – the\u003cbr\u003etranscendence of the capitalist system.\u003c\/p\u003e","brand":"Utsa Patnaik","offers":[{"title":"Default Title","offer_id":48274167202043,"sku":"9781583678916","price":89.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0779\/3917\/9771\/files\/CoreSourceHub_5ebec95b-00ab-42d1-bc44-a04e60eda7f5.jpg?v=1776312862","url":"https:\/\/indiepubs.com\/products\/capital-and-imperialism-9781583678916","provider":"IndiePubs","version":"1.0","type":"link"}