Exploring the rise of authoritarian capitalism, this book offers a fresh perspective on politics and economics in the present age of globalization. It asks the crucial question of whether individuals and nations can break free from the ‘grip’ of authoritarian capitalism in the twenty-first century. Peter Bloom includes a detailed and in-depth analysis of how marketization is promoting political authoritarianism across the world. He tells a story of authoritarian progress – where capitalist prosperity can only be delivered by the coercive rule of ‘self-disciplining’ nations and ‘disciplining’ trans-national institutions – and in which capitalist sovereignty is replacing liberal and social democracy. In doing so, Bloom helps readers rethink the structural as well as discursive role of sovereign power within capitalism, showing the ways the free market relies upon a range of authoritarian political fantasies not just for its growth but its very survival.
Browse by title
Towards Social Accountability
In this important book, Bryn Jones uses insights from political economy, historical analysis and sociological concepts of the corporation, as a socially disembedded but political actor, to address concerns over the over-reach of Anglo-Saxon corporations. These firms are compared with their continental European and East Asian counterparts, both in their social and economic functions and their institutional structures. Jones then draws on alternative models proposed by advocates of CSR, cooperative enterprise and corporate democratisation, to argue for key reforms for corporations’ greater social accountability.
In this thought-provoking book, Bart Nooteboom offers a radical critique of the principal intellectual and moral assumptions underlying economic science, unravelling the notion of markets: how they work and fail, and how they may be redirected to better serve us.
The End of Moral Society
This book expounds the idea of a disenchanted world composed of nation states and global functional systems. The nation state is losing some of its regulatory prerogatives and, at the same time, extending its legitimacy base in ‘chains of legitimacy’ to transnational institutions. There is neither a global democracy nor a global government. Therefore, establishing alternative forms of legitimacy, accountability and participation in a secular world seem mandatory. Helmut Willke examines the resurgence of moral reasoning in global affairs, pushed by various fundamentalisms, that indicates a real danger of a regression of democracy. The separation of private morals and public policies, the book argues, remains the basis of global aspirations of democracy.