For
some time, William I. Robinson
has been one of the most adept observers of, and commentators on, global
structural change. In his latest book Can
Global Capitalism Endure? (Clarity Press, 2022), he analyses the
current crisis of overaccumulation as a result of the tendence of the falling
rate of profit. Most dangerously, in capital’s ever more desperate search for
profitable investment opportunities, global economic crisis is spilling over
into geo-political confrontation. In this blog post, I will discuss some of the
book’s key contributions.
Showing posts with label crisis of overaccumulation. Show all posts
Showing posts with label crisis of overaccumulation. Show all posts
Saturday, 30 September 2023
Can Global Capitalism Endure? A review of William Robinson’s latest book.
Thursday, 16 October 2014
The global financial crisis and service provision: The public sector in difficult times.
Public sector restructuring is generally
justified with reference to the need to save money in view of large public
debt resulting from the global financial crisis. In this post, I want to
investigate this claim and unravel the real motivations behind current attacks
on the public sector.
![]() |
National Demo against Sussex University Privatisation - Serena Cheung |
Monday, 22 September 2014
The Enduring Relevance of Rosa Luxemburg
The work of Rosa Luxemburg has received
renewed attention in recent years. To celebrate the centenary anniversary of
her seminal book The Accumulation
of Capital in 2013, a collective of colleagues from within the Marxism
Reading Group of the Centre
for the Study of Social and Global Justice (CSSGJ) at Nottingham University
has written the article ‘The Enduring Relevance of Rosa Luxemburg’s The Accumulation of Capital’, which has
now been published online by the Journal
of International Relations and Development. In this blog post, I will
present some of the key findings of the article.
Monday, 15 September 2014
Chinese workers in the grip of global capitalism: What possibilities for resistance?
The
workshop on Chinese
Labour in the Global Economy, concluding a large ESRC research grant project, was held on 11 and 12 September 2014 at
Nottingham University, co-hosted by the Centre for the Study of
Social and Global Studies (CSSGJ) and the Centre
for Contemporary Chinese Politics (CCCP). The purpose of the workshop was
not only to understand better the situation in China, but also an aspiration of
contributing to the improvement of workers’ conditions. Hence, both academics
as well as activists had been invited. In this blog post, I will assess some of
the key themes discussed during the workshop.
Thursday, 5 June 2014
Analysing exploitation and resistance: the centrality of class struggle.
Wednesday, 7 May 2014
The perpetuum mobile of privatisation
Privatisation is a truly fantastic thing. Privatising public services
would result in four benign consequences, we are told: (1) the production of
services becomes more efficient and, therefore, cheaper; (2) the quality of the
services is improved; (3) the cost of services for the consumer is reduced; and
(4) companies providing these services can still make a profit. And this all as
a result of private services being subject to the competitive pressures of the
free market. Like a perpetuum mobile, a hypothetical machine which continues to function once activated,
privatization would have an inevitable and continuing positive impact once
implemented. In this post, I will critically evaluate these claims
against the background of my research on the Italian water movement against
privatisation (see Road
to Victory and La
lotta continua) and discuss why it is that this discourse continues to
enjoy such widespread acceptance, although it is empirically so obviously
wrong.
Subscribe to:
Posts (Atom)