Globalization of Capital (Property for the people, not for profit)

Author: Ulrich Duhrow (Germany), Franz J. Schinckel (Germany), translated by Ni Yanshuo, Xiao Lian
Publisher:
Publish Date: 2005-12-01
Features: This academic work demonstrates how unmanaged market globalization driven by wealth accumulation leads to poverty for more people and destruction of 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 uncontrolled global market behavior. It also offers valuable insights on how to change this situation. I hope more people will read it and learn from it. — Martin Khor (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 and moving forward together under the unity, realism, and integrity required for global fairness, this 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 organization of today's economy and society, capitalism often provides excuses like "natural" or "divinely ordained." The valuable contribution of this book is that it presents an alternative possible world. — Dennis Hallert (Canadian Christian Justice Initiative activist)
The author offers a unique perspective in providing a comprehensive analysis of today's capital globalization issues. Focusing on property rights—the central issue in the economic system—the author critically exposes the current state of capital globalization. The author argues that private property rights are the root of major conflicts and poverty in the world today. This book reveals the negative impacts of neoliberal economics on global humanity 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 book describes a possible world that could replace the capitalist model.