Global capitalist crisis and the second great Depression : egalitarian systemic models for change / Armando Navarro.

Format:

Book

Author/Creator:

Navarro, Armando, 1941-

Language:

English

Subjects (All):

Capitalism--United States--History--20th century.

Capitalism.

Capitalism--United States--History--21st century.

Financial crises--United States--History--20th century.

Financial crises.

Financial crises--United States--History--21st century.

Business cycles--United States--History--20th century.

Business cycles.

Business cycles--United States--History--21st century.

History.

United States.

Physical Description:

pages cm

Place of Publication:

Lanham : Lexington Books, [2011]

Summary:

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 and 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 of the last century, 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. Book jacket.

Contents:

Part 1 Global Capitalism: A History of Crises

Chapter 1 The Roaring Twenties and the Great Depression: Global Capitalism in Crisis (1920-1941) 3

Chapter 2 The Rise of Neoliberal Capitalism: From the U.S. Subprime Crisis to the Emergent Depression (1945-2009) 35

Chapter 3 Global Economic Crisis: Precursor to a World Depression? (2007-2010) 73

Chapter 4 The Second Great Depression: The Obama Administration's Welfare Capitalist Policies (2009-2010) 117

Part 2 What Needs to Be Done? Two Egalitarian Systemic Change Models and the Building of a New Movement

Chapter 5 The Reform Politics of Building a Social Democratic System: Model One for Systemic Change 171

Chapter 6 The Transformative Politics of Building a Democratic Socialist Society: Model Two for Systemic Change 219

Chapter 7 A Social Change Paradigm: The Building of a New Movement 275

Part 3 A Post-2010 Assessment of the Triad Crises

Chapter 8 The Triad Crisis Exacerbates: The Calamities Deepen (January 2011-June, 2011) 307

Chapter 9 What Is to Come? Domestic and Global Forecasts and Conclusions 347.

ISBN:

9780739170168

0739170163

9780739173756

0739173758

9780739170175

0739170171

OCLC:

752471858