The Making globalization good: the moral challenges of global capitalism

Description

The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren't straightforwardly opposing forces. In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an "informal empire" promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises. The Making of Global Capitalism, through its highly original analysis of the first great... Introduction 1. The Moral Imperatives of Global Capitalism: An overview 2. Private Morality and Capitalism: Learning from the past 3. Institutions and Morality: An economist's appraisal 4. Towards a New Paradigm of Development 5. Transformation of Society: Implications for globalization 6. Global Social Justice: The moral responsibilities of the rich to the poor 7. The Ethical Framework of the Global Market Economy 8. The Challenge of Global Capitalism: A Christian perspective 9. The Challenge of Global Capitalism: An Islamic perspective 10. Global Convenant: A Jewish perspective on globalization 11. The Challenge of Global Capitalism: The perspective of eastern religions 12. A Universal Culture of Human Rights and Freedom's Habits: Caritapolis 13. On the Political Relevance of Global Civil Society 14. [to be confirmed] 15. Governments and Supranational Agencies 16. Conclusion