Globalization Unmasked: Imperialism in the 21st Century
Perhaps no word today is used and misused more than globalization. It generally serves to refer to worldwide epoch-defining changes in the organization of societies, economies and politics. But as Petras and Veltmeyer demonstrate, the term globalization obscures much more than it reveals.

In practice, globalization provides a cover for a new form of imperialist exploitation and the institution of US hegemony over a global process of capital accumulation. In the last decade, capitalists in Europe and the United States have created favourable conditions for the takeover and recolonization of economies across the developing world. International capital has managed to restore highly profitable returns on investments and operations as never before, creating islands of opulent prosperity within a sea of growing poverty and misery.

In effect, this book argues that the terms globalization and imperialism are widely used as alternative frameworks for understanding the dynamics of the same worldwide developments and trends. Employing an imperialist analytical framework over that of globalization not only provides a better understanding but also points towards forces of resistance and opposition that through political action may bring about necessary change.

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Globalization Unmasked: Imperialism in the 21st Century
Perhaps no word today is used and misused more than globalization. It generally serves to refer to worldwide epoch-defining changes in the organization of societies, economies and politics. But as Petras and Veltmeyer demonstrate, the term globalization obscures much more than it reveals.

In practice, globalization provides a cover for a new form of imperialist exploitation and the institution of US hegemony over a global process of capital accumulation. In the last decade, capitalists in Europe and the United States have created favourable conditions for the takeover and recolonization of economies across the developing world. International capital has managed to restore highly profitable returns on investments and operations as never before, creating islands of opulent prosperity within a sea of growing poverty and misery.

In effect, this book argues that the terms globalization and imperialism are widely used as alternative frameworks for understanding the dynamics of the same worldwide developments and trends. Employing an imperialist analytical framework over that of globalization not only provides a better understanding but also points towards forces of resistance and opposition that through political action may bring about necessary change.

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Globalization Unmasked: Imperialism in the 21st Century

Globalization Unmasked: Imperialism in the 21st Century

Globalization Unmasked: Imperialism in the 21st Century

Globalization Unmasked: Imperialism in the 21st Century

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Overview

Perhaps no word today is used and misused more than globalization. It generally serves to refer to worldwide epoch-defining changes in the organization of societies, economies and politics. But as Petras and Veltmeyer demonstrate, the term globalization obscures much more than it reveals.

In practice, globalization provides a cover for a new form of imperialist exploitation and the institution of US hegemony over a global process of capital accumulation. In the last decade, capitalists in Europe and the United States have created favourable conditions for the takeover and recolonization of economies across the developing world. International capital has managed to restore highly profitable returns on investments and operations as never before, creating islands of opulent prosperity within a sea of growing poverty and misery.

In effect, this book argues that the terms globalization and imperialism are widely used as alternative frameworks for understanding the dynamics of the same worldwide developments and trends. Employing an imperialist analytical framework over that of globalization not only provides a better understanding but also points towards forces of resistance and opposition that through political action may bring about necessary change.


Product Details

ISBN-13: 9781856499392
Publisher: Bloomsbury Academic
Publication date: 07/01/2001
Pages: 208
Product dimensions: 5.50(w) x 8.50(h) x 0.43(d)

About the Author

James Kurth Department of Political Science,Swarthmore College James Petras Department of Sociology, CUNY Binghampton

Henry Veltmeyer is Professor of Development Studies at Saint Mary's University (Canada) and at the Universidad Autónoma de Zacatecas (Mexico). He is author, co-author and editor of over forty books on issues regarding Latin American and world development, including Critical Development Studies: Tools for Change, The Cuban Revolution as Socialist Human Development, and Development in an Era of Neoliberal Globalization. Books co-authored with James Petras include Unmasking Globalization, System in Crisis, and What's Left in Latin America.

James Petras is Professor Emeritus of Sociology at Binghampton University and Adjunct Professor in International Development Studies at Saint Mary's University (Canada). He is the author and co-author of over sixty books and numerous other writings on the dynamics of world affairs and Latin American development, including Unmasking Globalization, Social Movements and the State, Multinationals on Trial, What's Left in Latin America, and Social Movements in Latin America. Many of his periodical and political writings are accessible via www.rebelion.org.

Table of Contents


Contents
Introduction
1. Globalization or Imperialism?
2. Globalization: A Critical Analysis
3. Globalization as Ideology
4. Capitalism at the End of the Millennium
5. The Labyrinth of Privatization
6. Democracy and Capitalism: An Uneasy Relationship
7. Cooperation for Development
8. NGOs in the Service of Imperialism
9. US Empire and Narco - Capitalism
10. The Politics of US Hegemony: Right-wing Strategy in Practice
11. Socialism in an Age of Imperialism
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