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Politicians, financiers and bureaucrats claim to believe in free competitive markets, yet they have built the most unfree market system ever created. In this Gilded Age, income is funnelled to the owners of property – financial, physical and intellectual – at the expense of society. Wages stagnate as labour markets are transformed by outsourcing, automation and the on-demand economy, generating more rental income while broadening the precariat.Now fully updated with an introduction...

The crisis of the neoliberal order has resuscitated a political idea widely believed to be consigned to the dustbin of history. Brexit, the election of Donald Trump, and the neo-nationalist, anti-globalisation and anti-establishment backlash engulfing the West all involve a yearning for a relic of the past: national sovereignty.In response to these challenging times, economist William Mitchell and political theorist Thomas Fazi reconceptualise the nation state as a vehicle for prog...

Picture South Africa ten years from now: Are the angry poor rising up and seizing land and businesses? Or has economic reform created jobs and growth? Is an increasingly desperate government clamping down on freedoms? Or do the middle classes still braai in suburban bliss? South Africa is at a tipping point, and small shifts in political and economic conditions can bring about dramatic changes. Unemployment, slow growth, threats to freedom of speech, and poor education can send the country...

The European Union has established itself as a leading text that provides readers from all disciplines with a sound understanding of the economics and policies of the EU. Its wealth of information, detail and analysis has ensured that previous editions have been read by a generation of students, researchers and policy makers. It covers all major EU policy areas as well as theories of economic integration, the theory of economic and monetary union (EMU), the measurement of the economic effe...

Most accounts explain the postwar globalization of financial markets as a product of unstoppable technological and market forces. Drawing on extensive historical research, Eric Helleiner provides the first comprehensive political history of the phenomenon, one that details and explains the central role played by states in permitting and encouraging financial globalization.Helleiner begins by highlighting the commitment of advanced industrial states to a restrictive international fi...

Why did the European Union experience a stark variation in the levels of conflict between the late 1970s, when budgetary disputes dominated European politics, and the 1990s, when political actors were able to settle upon budgetary agreements without major conflicts?This book responds to this key question with a two-step argument: Its first part shows that decision-making rules can be regarded as a key determinant of the level of conflict in EU budgetary politics. It details far-rea...

To date, critical analysis of the EMU project has largely been advanced from the centre-right spectrum of British politics. Comparable questions from the centre-left have failed to find a coherent voice. Although, the European fault-line cannot be characterized as a neat Left-Right issue there are noticeable divisions in opinion across British business, the trade union movement and within the Labour Party.Offering a unique insight into this key debate from the ‘centre-left’, eurosc...

The follow-up to Casino capitalism, this is another classic text, and the last book written by Susan Strange. It builds on the previous work, discussing the weak points of a financial system driven by volatile markets rather than by governments.

In 2008 Ireland experienced one of the most dramatic economic crises of any economy in the world. It remains at the heart of the international crisis, sitting uneasily between the US and European economies. Not long ago, however, Ireland was celebrated as an example of successful market-led globalisation and economic growth. How can we explain the Irish crisis? What does it tell us about the causes of the international crisis? How should we rethink our understanding of contemporary economi...

This book analyses the politics and political issues associated with Trade Unions and Trade Unionism in Western Europe.

Jan L. van Zanden in The Economic History of the Netherlands 1914-1995 answers these questions. In the first four chapters the long development of the economy is analysed in detail. Central to this part of the book are the rise (and decline) of managerial enterprise; the growth (and fall) of trade unions; and the expansion (and crisis) of the welfare state. The particular Dutch features of these institutional changes are highlighted. The second part of the book deals with differen...