Capitalism's Last Stand?

Walden Bello is a member of the House of Representatives of the Republic of the Philippines. He is currently also an adjunct professor at the State University of New York at Binghamton and at St Mary’s University in Halifax, Canada; he has also been professor of sociology at the University of the Philippines. He was founding director of the Bangkok-based Focus on the Global South and the Institute for Food and Development Policy (Food First) in Oakland, California. He is the author or co-author of seventeen books, including Dilemmas of Domination: the Unraveling of the American Empire (Zed Books, 2006) and Deglobalization: Ideas for a New World Economy (Zed Books, 2004). He obtained his Ph.D. in sociology from Princeton University.

Deploying his wide-ranging knowledge of political economy and his experiences as a movement activist, Waldon Bello dissects conventional diagnoses and solutions to planetary crises, offering his own proposals for deglobalization. Magnificently lucid, this is a must-read for all interested in capitalism's threat to human survival.

• Introduction: Globalization's Debacle - Crisis and OpportunityPart I: The Destructive Dynamics of Finance Capital1. Why and How Finance Became DominantA Primer on the Wall Street Meltdown - Recovery Recedes, Convulsion Looms2. The US: Cutting Edge of CrisisCapitalism in an Apocalyptic Mood - The Political Consequences of Stagnation - Lessons of the Obama Debacle3. Europe's Tragic SpiralThe Celtic Tiger Follows the Asian Tiger to Extinction - Greece: Same Tragedy, Different Scripts - Germany's Social Democrats and the European4. Invulnerable Asia?Chain Gang Economics - China Lassoes its Neighbors - Will China Save the World from DepressionPart II: Globalization in Crisis5. Real Economy of the Global EconomyCapital is a Fickle Lover - The Apple Connection - Labor Trafficking: Modern-Day Slave Trade - Destroying African Agriculture6. Capitalism and the EnvironmentClimate and Capitalism in Copenhagen - Can Capitalism Survive Climate Change? - Breaking the Climate Stalemate - Seven Billion ... and Rising7. The End of Multilateralism?The Crisis of Multilateralism - The Dracula Round - U20: Will the Global Economy Resurface?Part III: Competing Alternatives8. Keynesianism in the BreachKeynes: a Man for this Season? - The Coming Capitalist Consensus9. Resistance and TransformationElites versus Greens in the Global South - Defy the Creditors and Get Away with it - The Arab Revolutions and the Democratic Imagination - The World Social Forum at the CrossroadsConclusion: Deglobalization - An Idea Whose Time Has Come?