A Theory of Global Capitalism: Production, Class, and State in a Transnational World / Edition 1

A Theory of Global Capitalism: Production, Class, and State in a Transnational World / Edition 1

by William I. Robinson
ISBN-10:
0801879272
ISBN-13:
9780801879272
Pub. Date:
03/12/2004
Publisher:
Johns Hopkins University Press
ISBN-10:
0801879272
ISBN-13:
9780801879272
Pub. Date:
03/12/2004
Publisher:
Johns Hopkins University Press
A Theory of Global Capitalism: Production, Class, and State in a Transnational World / Edition 1

A Theory of Global Capitalism: Production, Class, and State in a Transnational World / Edition 1

by William I. Robinson

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Overview

In this book, sociologist William I. Robinson offers a theory of globalization that follows the rise of a new capitalist class and a transnational state. Growing beyond national boundaries, this new class comprises a global system in which Japanese capitalists are just as comfortable investing in Latin America as North Americans are in Southeast Asia. Their development of global, interconnected industries and businesses make them drivers of world capitalism.

Robinson explains how global capital mobility has allowed capital to reorganize production worldwide in accordance with a whole range of considerations that allow for maximizing profit making opportunities. As a result, production systems that were once located in a single country have been fragmented and integrated externally into new globalized circuits of accumulation. What this means, however, is not simply that factories are located overseas where labor might be cheaper, but rather that the whole production process is broken down into smaller parts and each of those parts moved to a different country, depending on where investment might be highest. Yet at the same time, this worldwide decentralization and fragmentation of the production process has taken place alongside the centralization of command and control of the global economy in transnational capital.

In turn, this economic organization finds a political counterpart in the rise of a transnational state. The leaders of global businesses and industries think about themselves and how they live in new ways. Hegemony in the twenty-first century, Robinson argues, will be exercised not by a particular nation-state but by this new global ruling class through the machinery of this transnational state. Robinson observes, for example, that global elites, regardless of their nationality, increasingly tend to share similar lifestyles and interact through expanding networks of the transnational state. Globalization is in this way unifying the world into a single mode of production and a single global system and bringing about the integration of different countries and regions into a new global economy and society. But the new global capitalism is rife with contradictions, such as the growing rift between the global rich and the global poor, concludes Robinson. The twenty-first century is likely to harbor ongoing conflicts and disputes for control between the new transnational ruling group and the expanding ranks of the poor and the marginalized. Sure to stir controversy and debate, A Theory of Global Capitalism will be of interest to sociologists and economists alike.


Product Details

ISBN-13: 9780801879272
Publisher: Johns Hopkins University Press
Publication date: 03/12/2004
Series: Themes in Global Social Change
Edition description: New Edition
Pages: 224
Product dimensions: 6.00(w) x 9.00(h) x 0.59(d)
Age Range: 18 Years

About the Author

William I. Robinson is a professor of sociology, global studies, and Latin American and Iberian studies at the University of California, Santa Barbara. He is the author of several books on globalization, including A Theory of Global Capitalism, also published by Johns Hopkins.

Table of Contents

List of Figures and Tables
List of Abbreviations
Preface
Chapter 1. Globalization as Epochal Change in World Capitalism
Chapter 2. Global Class Formation and the Rise of a Transnational Capital Class
Chapter 3. The Transnational State
Chapter 4. The Contradiction of Global Capitalism and the Future of Global Society
References
Index

What People are Saying About This

Craig N. Murphy

The leading analyst of transnational class formation provides a clear, straightforward, and convincing account of the economic, political, and social contours of contemporary capitalism. This is essential reading for anyone who wants to understand the global condition and prospects for its amelioration.

From the Publisher

William I. Robinson has earned a reputation as one of the leading critical analysts of capitalist globalization as a system of power. This book—both rigorous and readable—develops his thesis that we are witnessing a world-historical transition into a new phase of capitalism, with new forms of power, resistance and struggle. Whether or not you agree with Robinson's controversial thesis, you will agree that this book represents formidable scholarship and raises crucial political questions for the twenty-first century.
—Mark Rupert, Syracuse University

This is a fine, succinctly argued, presentation of a critical theory of 'global capitalism.' The author regards globalization as a new phase in the history of capitalism—specifically, in the development of a transnational global economy. This book is particularly striking with respect to its cogency, vitality and great commitment to a democratic global order.
—Roland Robertson, University of Aberdeen

The leading analyst of transnational class formation provides a clear, straightforward, and convincing account of the economic, political, and social contours of contemporary capitalism. This is essential reading for anyone who wants to understand the global condition and prospects for its amelioration.
—Craig N. Murphy, M. Margaret Ball Professor of International Relations, Wellesley College, and Chair, Academic Council on the United Nations System

Yet another book on globalization? If you think you have read too many already, think again! Here is a fresh look at the subject which shatters the illusion that globalization has to do with either free international trade or the disappearance of the state. Robinson expertly gathers the diverse threads that run through our world order and unerringly hones in on class and transnational power at the heart of it.
—Ankie Hoogvelt, University of Sheffield

Roland Robertson

This is a fine, succinctly argued, presentation of a critical theory of 'global capitalism.' The author regards globalization as a new phase in the history of capitalism—specifically, in the development of a transnational global economy. This book is particularly striking with respect to its cogency, vitality and great commitment to a democratic global order.

Mark Rupert

William I. Robinson has earned a reputation as one of the leading critical analysts of capitalist globalization as a system of power. This book—both rigorous and readable—develops his thesis that we are witnessing a world-historical transition into a new phase of capitalism, with new forms of power, resistance and struggle. Whether or not you agree with Robinson's controversial thesis, you will agree that this book represents formidable scholarship and raises crucial political questions for the twenty-first century.

Ankie Hoogvelt

Yet another book on globalization? If you think you have read too many already, think again! Here is a fresh look at the subject which shatters the illusion that globalization has to do with either free international trade or the disappearance of the state. Robinson expertly gathers the diverse threads that run through our world order and unerringly hones in on class and transnational power at the heart of it.

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