Supercapitalism

Sample

from the Macroeconomic Research Group

MERG has become convinced that a sea change in economic policy is essential to generate growth in the next few years. It can demonstrate that its proposed policy framework is both coherent and affordable. The MERG proposals offer a radically different vision of the future of South Africa. They have been designed to address the current imbalances, through direct intervention, in a way which would benefit all sections of the South African population within a short period of time. MERG took the objectives of the democratic movement as its starting point. The aim of the MERG framework is, therefore, to secure a rapid improvement in the quality of the daily lives of South Africa's poorest, most oppressed and disadvantaged people. The strategy stresses programmes to: initiate job creation and training programmes for the unemployed; improve the status of the poorest women in the rural areas; improve the availability and quality of education, health, housing and electrification; raise the level of wages of low-income workers, and; dramatically improve the skills of employed workers.

Sample

Carl Minzner

"China's reform era is ending. Core factors that characterized it-political stability, ideological openness, and rapid economic growth-are unraveling. Since the 1990s, Beijing's leaders have firmly rejected any fundamental reform of their authoritarian one-party political system, even as a decades-long boom has reshaped China's economy and society. On the surface, their efforts have been a success. Political turmoil has toppled former Communist East bloc regimes, internal unrest overtaken Middle East nations, and populist movements risen to challenge established Western democracies. China, in contrast, has appeared a relative haven of stability and growth. But as [the author] shows, a closer look at China's reform era reveals a different truth. Over the past three decades, a frozen political system has fueled both the rise of entrenched interests within the Communist Party itself, and the systematic underdevelopment of institutions of governance among state and society at large. Economic cleavages have widened. Social unrest has worsened. Ideological polarization has deepened. Now, to address these looming problems, China's leaders are progressively cannibalizing institutional norms and practices that have formed the bedrock of the regime's stability in the reform era. Technocratic rule is giving way to black-box purges; collective governance sliding back towards single-man rule. The post-1978 era of 'reform and opening up' is ending. China is closing down. Uncertainty hangs in the air as a new future slouches towards Beijing to be born. End of an Era explains how China arrived at this dangerous turning point, and outlines the potential outcomes that could result."--

Sample

Paul W. Drake and Eric Hershberg

"State and Society in Conflict analyzes one of the most volatile regions in Latin America, the Andean states of Colombia, Venezuela, Ecuador, Peru, and Bolivia. For the last twenty-five years, crises in these five Andean countries have endangered Latin America's democracies and strained their relations with the United States. As these nations struggle to cope with demands from Washington on security policies (emphasizing drugs and terrorism), neoliberal economics, and democratic politics, their resulting domestic travails can be seen in poor economic growth, unequal wealth distribution, mounting social unrest, and escalating political instability." "The contributors to this volume examine the histories, politics, and cultures of the Andean nations, and argue that, due to their shared history and modern circumstances, these countries are suffering a shared crisis of deteriorating relations between state and society that is best understood in regional, not purely national, terms. The results, in some cases, have been semi-authoritarian hybrid regimes that lurch from crisis to crisis, often controlled through force, though clinging to a notion of democracy. The solution to these problems - whether through democratic, authoritarian, peaceful, or violent means - will have profound implications for the region and its future relations with the world."--Jacket.

Sample

Lewis H. Lapham

For the better part of twenty years Lewis H. Lapham has sketched the American social and political landscape with a fine sense of history and a sharp and caustic wit. In The Wish for Kings, his most provocative book to date, Lapham obliges us to take a long hard look at what has become of our hallowed democratic tradition. Although we like to believe that we live by Lincoln's famous words - "government of the people, by the people, for the people"--We have become accustomed to a government by and for the friends of privilege. The promise of democracy is synonymous with the idea of the citizen, but to people who have grown tired of self-government the belief in kings and queens and fairy tales replaces the will to engage in the rude and often uncomfortable arts of politics. Lapham notes the effects of our distaste for objection and dissent - an apathetic public debate, 90 percent of the wealth in the hands of 5 percent of the population, the media and the universities united in their defense of oligarchy - and discusses at length the ways in which a courtier spirit (the obverse of the democratic spirit) subverts and weakens the hopes of a free republic. It is a discussion that has particular relevance to the present moment. If the wish for kings is as old as Babylon and as modern as the worship of Hollywood celebrity, our 1992 presidential election translated the wish into nineteen million votes for H. Ross Perot. Frightened by the weakness in the economy and dissatisfied with the wisdom in office in Washington, a sizable percentage of the electorate embraced in the figure of a Texas millionaire what it imagined to be the comforts of autocracy. The question remains as to whether the enthusiasm for Perot was merely an angry protest against a government that had arrogantly distanced itself from the American people, or whether it expressed a more general longing for a magical figure capable of quieting all our fears and answering all our prayers. The question is an urgent one, and it defines the task of the Clinton administration. Unless President Clinton can sustain the public faith in the practice as well as the theory of Democracy, it is possible that the idea of democratic self-government will come to be seen as a once noble experiment no longer adequate to the specifications of the twenty-first century. The several facets of this question come into brilliant focus in this important book by one of our most incisive social critics. No one who cares about the future of our nation should miss reading The Wish for Kings.