Beyond the Global Capitalist Crisis: The World Economy in Transition(Globalization, Crises, and Change)

The deep economic recession that has occurred in all major sectors of the U.S. and global economy is a manifestation of the underlying contradictions of the capitalist system that has resulted in the accumulation of vast fortunes on one side and impoverishment, debt, and destitution on the other. In short, the crisis of global capitalism is the result of the immense disparities in wealth and income and a consequent widening gap between capital and labor. This ground-breaking book brings together a team of experts on the contemporary global capitalist political economy who are able to shed light on the inner workings of global capitalism and the capitalist globalization process that has led to the growth and development of capitalism from the national to the global level, with all its fundamental internal dynamics and contradictions operating on a world scale. It will make an important contribution to understanding the underlying causes of the current global economic crisis and show the way out of this crisis by way of a powerful critique of the global capitalist system that will ultimately go through a major economic, political, and social transformation. Analysis of the global capitalist crisis raises questions regarding the process of capitalist globalization, especially now that neoliberal economic policies have failed. Does this signal the end of capitalist globalization and the collapse of the global capitalist system? This book will take up these questions and entertain the possibility of a new beginning in the global political economy through an analysis of the next period of post-capitalist developments worldwide that may set the stage for the rise of socialism across the globe.

Table of Contents:
Chapter 1 Introduction: The Global Capitalist Crisis and its Aftermath, Berch Berberoglu; Chapter 2 The Origins and Development of the Global Capitalist Economy and Capitalist Crises, Alan J. Spector; Chapter 3 1 This chapter is an edited and condensed version of the author’s original book, The Roller Coaster Economy: Financial Crisis, the Great Recession, and the Public Option (Armonk, NY: M.E. Sharpe, 2010). Copyright ©2010 by M.E. Sharpe, Inc. Reprinted with permission of M.E. Sharpe, Inc. www.mesharpe.com All Rights Reserved. Not for Reproduction. The editor, Berch Berberoglu, edited various sections of the book in extracting text to compile the present chapter which is published here with the approval of the author., Howard J. Sherman; Chapter 4 1 This chapter is an edited and condensed version of the author’s original book Global Depression and Regional Wars (Atlanta: Clarity Press, 2009). Copyright ©2009 by Clarity Press, Inc. Reprinted with permission of Clarity Press, Inc., www.claritypress.com (all rights reserved, not for reproduction). The editor, Berch Berberoglu, extracted and edited text from various sections of the book to compile the present chapter, which is published here with the approval of the author., James Petras; Chapter 5 The Global Capitalist Crisis and the European Union, with Focus on Greece, Mike-Frank G. Epitropoulos; Chapter 6 1This chapter is a revised and edited version of an earlier article published in Spanish as “La crisis global y América Latina” for Problemas del Desarrollo in Revista latinoamericana de economia, Vol. 41, Num. 160 (Enero-Marzo, 2010). Reprinted with permission (all rights reserved, not for reproduction). The editor, Berch Berberoglu, edited various sections of the article which is published here with the approval of the author and the publisher., Henry Veltmeyer; Chapter 7 The Global Capitalist Crisis and the Rise of China to the World Scene, Alvin Y. So; Chapter 8 The Global Capitalist Crisis and the End of Neoliberal Capitalist Globalization, Martin Orr; Chapter 9 The Collapse of Global Capitalism and the Movement Toward Socialism in the Twenty-first Century: New Beginnings, Walda Katz-Fishman, Jerome Scott; Chapter 10 Conclusion: Beyond the Global Capitalist Crisis, Berch Berberoglu;

About the Author :
Berch Berberoglu is Professor of Sociology and Director of Graduate Studies in Sociology at the University of Nevada, Reno, USA Berch Berberoglu, Alan J. Spector, Howard J. Sherman, James Petras, Mike-Frank G. Epitropoulos, Henry Veltmeyer, Alvin Y. So, Martin Orr,, Walda Katz-Fishman, Jerome Scott.