Capitalism in the Era of Globalization: Managing Contemporary Society

Author: Samir Amin (Egypt)
Publisher:
Publish Date: 2005-08-01
Features: This book focuses on analyzing the prospects of global polarization, pointing out that the dramatic changes brought by the "Golden Age of Growth" have led to a new form of polarization, shaping a world system vastly different from the past. Humanity is currently facing a crisis. Capitalism has made various efforts to manage this crisis, with the Bretton Woods system, represented by the International Monetary Fund and the World Bank, being particularly prominent. Beyond the economy, the book also discusses issues related to chaotic political management. The author argues that the economic space for managing capital accumulation has always been the same as the space for political and social management, but the deepening of globalization has ended this spatial unity. As the old growth model declines, peripheral countries in the South and East have fallen into a crisis of the nation-state. To address this, he proposes an alternative to humanitarianism that is not entirely dependent on the logic of capital.