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Global Capitalism in Disarray
Inequality, Debt, and Austerity
Global capitalism and its challenges
Global capitalism is affected by the malaises of stagnation, financial fragility, increased income inequality, growing wealth concentration at the top, and a vanishing fair social contract.
Focus regions and countries
This book focuses on the incidence of these phenomena in the US, UK, Greece, Spain, Chile, South Africa, Australia, China, and other countries.
Analysis and approach
The book looks at the effects of IMF-ECB led austerity policies in Europe. The book examines concrete country and global conditions combining theory, country studies, historical evidence, and international comparative analysis.
Policy proposals
The book also proposes new policy priorities to restore stability, reduce inequality, and consolidate democracy in 21st century capitalism.