Globalization of Capital: Property Rights for the People, Not for Profit

Author: (German) Ulrich Duhrow, (German) Franz J. Schinckel
Publisher:
Publishing Date: 2005-12-01
Features: This academic work demonstrates how unmanaged market globalization driven by wealth accumulation has brought poverty to more people and caused destruction to the natural environment. Only by recognizing the restrictive nature of property rights, democratizing ownership of products, and aligning economic development with human needs and the protection of the Earth can this phenomenon be stopped. – Gregory Baum (Professor at McGill University and Queen's University)
This is an interesting and meaningful book that makes a significant contribution to the discussion of the negative impacts of unbridled global market behavior, while also offering valuable insights on how to change this situation. I hope more people can read it and learn from it. – Martin Koel (Director of the Third World Network)
As this book analyzes, trustworthy communities are crucial for global fairness, and they are taking action. By combining our analysis of various factors, moving forward together under the unity, reality, and integrity required for global fairness is the responsibility of all of us. This book represents a major step forward on this path. – Susan George (Writer, former soldier)
I highly recommend this book. When historical developments prompt different thinking about the current organization of economies and societies, capitalism often justifies itself with "natural" or "divinely ordained" reasons. The valuable contribution of this book is that it presents an alternative possible world. – Dennis Hallert (Canadian Christian Justice Initiative)
The authors offer a unique perspective in their comprehensive analysis of today's capital globalization issues. They primarily focus on property rights—the central issue in the economic system—to critically expose the current state of capital globalization. The authors argue that private property rights are the root of major conflicts and poverty in the world today. This book highlights the negative impacts of neoliberal economics on humanity globally while refuting the claim that there is no alternative model to global capitalism. In Chapter 7, "Another Possible World—Rebuilding Ownership Systems from the Perspective of Life and Public Interest, Bottom-Up," the possible world described can be an alternative to the capitalist model.