Progress in Political Economy – serie

This book traces the patterns of capital accumulation and the changes in class and state formation emanating from it in Iran during the global neoliberal era. It demonstrates how there are inner connections between the nature of contemporary development in Iran, the form of the state, the ongoing sociopolitical transformations in society and the geopolitical tensions with the West. Simultaneously, it highlights that these issues should be explored in terms of their internal relations to the motions and tendencies of neoliberal global capitalism and resulting geopolitics. Accordingly, the book demonstrates that Iranian neoliberalisation has brought about new contested class dynamics that have fundamentally reconstructed the Iranian ruling class, aggressively shaped and reshaped the working class and the poor, and drastically impacted the state form and its foreign policy.

Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism.To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement.The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.

China and other Third World societies cannot 'catch up' with the rich countries. The contemporary world system is permanently dominated by a small group of rich countries who maintain a vice-like grip over the key parts of the labour process – over the most technologically sophisticated and complex labour. Globalisation of production since the 1980s means much more of the world’s work is now carried out in the poor countries, yet it is the rich, imperialist countries – through their domination of the labour process – that monopolise most of the benefits. Income levels in the First World remain five and ten times higher than Third World countries. The huge gulf between rich and poor worlds is getting bigger not smaller. Under capitalist imperialism, it is permanent.China has moved from being one of the poorest societies to a level now similar with other relatively developed Third World societies – like Mexico and Brazil. The dominant idea that it somehow threatens to ‘catch up’ economically, or overtake the rich countries paves the way for imperialist military and economic aggression against China. King’s meticulous study punctures the rising-China myth. His empirical and theoretical analysis shows that, as long as the world economy continues to be run for private profit, it can no longer produce new imperialist powers. Rather it will continue to reproduce the monopoly of the same rich countries generation after generation. The giant social divide between rich and poor countries cannot be overcome.

This book traces the patterns of capital accumulation and the changes in class and state formation emanating from it in Iran during the global neoliberal era. It demonstrates how there are inner connections between the nature of contemporary development in Iran, the form of the state, the ongoing sociopolitical transformations in society and the geopolitical tensions with the West. Simultaneously, it highlights that these issues should be explored in terms of their internal relations to the motions and tendencies of neoliberal global capitalism and resulting geopolitics. Accordingly, the book demonstrates that Iranian neoliberalisation has brought about new contested class dynamics that have fundamentally reconstructed the Iranian ruling class, aggressively shaped and reshaped the working class and the poor, and drastically impacted the state form and its foreign policy.

This book provides an important intervention into social reproduction theory and the politics of water. Presenting an incorporated comparison, it analyses the conjuncture following the 2007 financial crisis through the lens of water expropriation and resistance. This brings into view the way that transnational capital has made use of and been facilitated by the strategic selectivities of both the Irish and the Australian state, as well as the particular class formations that emerged in resistance to such water grabs. What is revealed is a crisis-ridden system that is marked by increasing reproductive unrest – class understood through the lens of social reproduction theory. As an important analysis of two significant water struggles, the book makes a compelling argument for integrating the study of social movements within critical political economy.

Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism.Dunn explores Keynes's work in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of his critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy, and develops a Marxist appropriation of Keynes’s insights. The book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.

China has moved from being one of the poorest societies to a level now similar with other relatively developed Third World societies – like Mexico and Brazil. The dominant idea that it somehow threatens to ‘catch up’ economically, or overtake the rich countries paves the way for imperialist military and economic aggression against China. King’s meticulous study punctures the rising-China myth. His empirical and theoretical analysis shows that, as long as the world economy continues to be run for private profit, it can no longer produce new imperialist powers. Rather it will continue to reproduce the monopoly of the same rich countries generation after generation. The giant social divide between rich and poor countries cannot be overcome.

Conflicts over water are human-caused events with socio-political and economic causes. From Brazil's Movimento dos Atingidos por Barragens (MAB) to environmental activists in Pittsburgh, people are coming together to fight for control of their water. This book examines how movements are communicating and organizing against water privatization and other forms of water grabbing, and explores how movements engage with and learn from each other. Water is at the heart of this book, but Global solidarities against water grabbing is as much about collective struggle and popular organization as it is about water. Based on extensive fieldwork with two movements fighting against water privatization, the book uses anticolonial and feminist research methods to show how global communications and organizing are occurring around water and how Global North movements are engaging with and learning from the Global South and vice versa.

Critical approaches have for a long time been sidelined within European Studies – Turkish enlargement is not an exemption. This book analyses the trajectory of Turkey’s integration into Europe from a critical political economy perspective. Drawing on over 100 interviews conducted at two historical moments, the volume considers the position of social forces in Turkey through the analytical lens of uneven development and hegemony. It argues that pro-membership was indeed hegemonic in the 2000s, contested by two rival class-strategies: Ha-vet (No to Capital’s Europe, but yes to Social Europe) and neo-mercantilism. As the first historical materialist reading of Turkey-EU relations as an instance of class struggle to be published in English, The political economy of Turkey’s integration into Europe provides a novel conceptual engagement between historical materialism and post-Marxism through reflections from a peripheral country.

As a research field, social movement and political project, degrowth is a multi-faceted phenomenon. It brings together a range of practices including alternative forms of living and initiatives of various kinds in civil society, business and the state. Yet no comprehensive theory of degrowth transformations has so far been developed. Deep transformations fills this gap. It develops a theory of degrowth transformations drawing on insights from multiple fields of knowledge, such as political economy, sociology and philosophy. The book offers a holistic perspective that brings into focus transformation processes on various scales and points to various mechanisms that can facilitate degrowth. These for instance include ecosocial policies, transformative initiatives in business and civil society, and alternative modes of being in and relating to the world.Thanks to the support of Lund University, an electronic edition of this book is freely available under a Creative Commons (CC BY-NC-ND) licence.

Why do multinational mining corporations use participation to undermine resistance? Do the struggles of local communities, activists and NGOs matter on a global scale? Why are there so many different global standards in mining?This book develops a new critical political economy approach to studying extractive accumulation, drawing on three detailed Indonesian cases to explain how participatory mechanisms continuously reshape and are reshaped by community-corporate conflict. Findings highlight feedback between local social relations, conflict, transnational activism, crises of legitimacy and global governance.The author argues that corporate social responsibility, community development, ‘gender-mainstreaming’ and environmental monitoring are neither simple outcomes of corporate ethics nor mere greenwashing strategies. Rather, participation is a mechanism to undermine resistance and create social relations amenable to extractive accumulation.

False profits of ethical capital is a thought-provoking approach to understanding stakeholder capitalism. Rather than focusing on the inadequacies of corporate responsibility, sustainable investment and consumer politics, this book grapples with the technical and rhetorical functions of ethical capital for profit and accumulation. It provides a unique and eclectic analysis of the political dynamics between finance, capital and labour, offering a refreshing perspective on struggles interlocking social, ecological and economic crises, and suggesting new ways of thinking about sustainability politics.

As a research field, social movement and political project, degrowth is a multi-faceted phenomenon. It brings together a range of practices including alternative forms of living and initiatives of various kinds in civil society, business and the state. Yet no comprehensive theory of degrowth transformations has so far been developed. Deep transformations fills this gap. It develops a theory of degrowth transformations drawing on insights from multiple fields of knowledge, such as political economy, sociology and philosophy. The book offers a holistic perspective that brings into focus transformation processes on various scales and points to various mechanisms that can facilitate degrowth. These include ecosocial policies, transformative initiatives in business and civil society and alternative modes of being in and relating to the world.The digital editions of this book will be published Open Access.

Conflicts over water are human-caused events with socio-political and economic causes. From Brazil's Movimento dos Atingidos por Barragens (MAB) to environmental activists in Pittsburgh, people are coming together to fight for control of their water. This book examines how movements are communicating and organizing against water privatization and other forms of water grabbing, and explores how movements engage with and learn from each other. Water is at the heart of this book, but Global solidarities against water grabbing is as much about collective struggle and popular organization as it is about water. Based on extensive fieldwork with two movements fighting against water privatization, the book uses anticolonial and feminist research methods to show how global communications and organizing are occurring around water and how Global North movements are engaging with and learning from the Global South and vice versa.

How do governing elites in the global South attempt to remake hegemony in a conjuncture of durable crisis? This is the question at the core of Southern interregnum, a comparative conjunctural analysis of hegemonic projects in Brazil, India, China, and South Africa. Working with a Gramscian notion of crisis, centred on the interregnum as an enduring period of instability and uncertainty, in which hegemonic authority erodes and competing projects for crisis resolution emerge, the book proposes a novel critical reading of the convulsions that are currently reshaping the political economy of the global South and the world-system.Mapping the variegated trajectories of elite projects to reconcile accumulation and legitimation – and probing the limits of these projects – the book breaks new ground in the study of the contemporary global South.

What are the state’s limits in light of looming environmental and economic disasters? To address this question, this book rethinks the relationship between liberalism, capitalism and the state to develop a critical theory of capitalist governance that sheds light on its growing fragility. By critically reconstructing key liberal traditions – including French liberalism, social liberalism and neoliberalism – it reveals a recurrent theme within liberal thought: the anxious endeavour to maintain a boundary between the state and civil society. This liberal anxiety mirrors in theoretical form the capitalist state’s daily, practical struggle to uphold a separation between politics and economics. The book marshals liberalism’s insights and oversights to offer a new account of the nature and limits of capitalist governance, an exercise that brings to light the growing inadequacy of state power in the face of capitalism's impersonal mode of domination.

Why do multinational mining corporations use participation to undermine resistance? Do the struggles of local communities, activists and NGOs matter on a global scale? Why are there so many different global standards in mining?This book develops a new critical political economy approach to studying extractive accumulation, drawing on three detailed Indonesian cases to explain how participatory mechanisms continuously reshape and are reshaped by community-corporate conflict. Findings highlight feedback between local social relations, conflict, transnational activism, crises of legitimacy and global governance.The author argues that corporate social responsibility, community development, ‘gender-mainstreaming’ and environmental monitoring are neither simple outcomes of corporate ethics nor mere greenwashing strategies. Rather, participation is a mechanism to undermine resistance and create social relations amenable to extractive accumulation.

False profits of ethical capital is a thought-provoking approach to understanding stakeholder capitalism. Rather than focusing on the inadequacies of corporate responsibility, sustainable investment and consumer politics, this book grapples with the technical and rhetorical functions of ethical capital for profit and accumulation. It provides a unique and eclectic analysis of the political dynamics between finance, capital and labour, offering a refreshing perspective on struggles interlocking social, ecological and economic crises, and suggesting new ways of thinking about sustainability politics.