Global Capitalist Crisis and the Second Great Depression: Egalitarian Systemic Models for Change Contributor(s): Navarro, Armando (Author) |
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ISBN: 0739173758 ISBN-13: 9780739173756 Publisher: Lexington Books OUR PRICE: $68.30 Product Type: Paperback - Other Formats Published: January 2012 |
Additional Information |
BISAC Categories: - Political Science | Political Economy - History | United States - 21st Century - Business & Economics | Economic Conditions |
Dewey: 330.9 |
LCCN: 2011036915 |
Physical Information: 0.9" H x 6.1" W x 9.1" (1.15 lbs) 436 pages |
Themes: - Chronological Period - 21st Century |
Descriptions, Reviews, Etc. |
Publisher Description: In this comprehensive work, Armando Navarro delivers a timely analysis of the global capitalist crisis that has arisen in the United States. Navarro offers a wide-ranging political historical analysis of events that led up to the present so-called "Second Great Depression." Starting with the end of World War II, he tracks the various political and economic decisions that have led to the emergence of the global economic crisis that began in 2006. He provides context for the current economic situation by discussing the major economic and political events, including the Great Depression, the New Deal, the rise of neo-liberal capitalism, and the collapse of the subprime mortgage industry. Navarro incisively reviews and critiques the Obama administration and Democrats' quasi-welfare capitalist legislation. Driven by social democratic models, he constructs a transformative social movement paradigm that calls for the rise of reform and proposes dramatic systemic change. Navarro concludes by looking at the U.S. political culture-what he contends is the major obstacle to the rise of "socialism" in the United States-and speculates about the potentially bleak economic future to come. |