Development and Globalization: A Marxian Class Analysis (Economics as Social Theory)

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Oren Cass’s Labor Theory of Value

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Reorienting Economics Tony Lawson. Speaking of Economics Arjo Klamer. Economic Evolution Professor Jack J. Planning and Class in Transitional Societies 4. The State and Planning in Nicaragua 5.

Class Beyond the Nation-State Globalization and Imperialism show more. Review quote Development, and Globalization is antiessentialist social theory at its very best. Whether re-reading socialist planning debates, economic and social development struggles in the global South, or capitalist and alter-capitalist theories of globalization, David Ruccio engages the contemporary conjuncture in fresh and exciting ways, demonstrating throughout the successes of the rethinking Marxism project and the immense potential and range of contemporary Marxian analysis.

What Maurice Dobb did for twentieth-century critiques of socialist planning, capitalist development, and imperialist expansion, Ruccio redoubles for a new age of post-Communist and globalized political economy. John Pickles, Earl N. Through his own writing and his stewardship of the journal Rethinking Marxism he has contributed immensely to this tradition.

Oren Cass's Labor Theory of Value - Niskanen Center

In this collection, Ruccio draws together, sharpens, and extends central insights from that school of thought and applies them to debates over socialist planning, economic development, and globalization. The essays demonstrate the depth of Ruccio's intellect and the range of his expertise, to be sure, while also conveying the power of the postmodern Marxian tradition in helping us to overcome the malaise that now affects much contemporary left scholarship about prospects for radical reform in the Global South. In Ruccio's hands, Marxism emerges as a vibrant tradition that continues to generate new avenues of scholarship and practical politics in pursuit of a more just world.

Focusing on issues related to planning, development and globalization, particularly in Latin America, Ruccio questions the prevailing wisdom in circles of both the Right and the Left. His privileging of class analysis provides the unifying thread to the wide variety of themes covered in the sixteen chapters. In our post-crisis search for new economic thinking and alternatives for social transformation, Ruccio's book comes at a perfect time to contribute to the debates. Lourdes Beneria, Cornell University and author of Gender, Development, and Globalization: Economics as if All People Mattered Pathbreaking in its originality and breathtaking in its coverage, the truly outstanding volume David Ruccio has delivered is indispensable in critiquing a variety of prevailing developmental paradigms.

Rather than simplistically noting the 'failures' of capitalism, this book reveals how neoliberal development policies can be considered successful in terms of promoting the emergence and strengthening of capitalist class processes and the appropriation of surplus-value in Latin America and beyond. It is obligatory reading for scholars and students seeking to construct Marxian class analyses and to formulate alternatives to the world economy today. About David F.

Following his understanding of modern imperialism as the subsumption of geopolitical competition under that of capital, Callinicos assumes that economic and political actors enter an alliance. Yet, an agency-based analysis of the Brexit referendum draws a different story of complex negotiations and class conflict, a story that is necessary in order to move beyond the narrow realist account of geopolitics. Far from being a homogenous entity, the EU is an arena of contestation and struggle over policies.

However, while having introduced some of the different issues at stake in the run up to the referendum, this essay has yet to make sense of its result. Why this sudden upsurge of Euroscepticism? Recently, Boyle and Rosenberg [81] have suggested what the inclusion of the inter-societal fragmentation as a determining factor in an analysis of the Brexit vote may look like.

Conceptualising the referendum itself as uneven and combined development, they show how the national backlash against a neoliberal establishment was the product of growing income disparities that were merely aggravated by the financial crisis but ultimately caused by the rise of China and its growing share in manufacturing exports, leading to job losses in Britain and America.

In conclusion it can therefore be said that a Marxist account of the relationship between capitalism and the inter-state system must acknowledge the continuous existence of geopolitical competition, despite the increasing degree of economic and financial integration.

9.1. What Is Social Inequality?

In order to do so, the international must be acknowledged as a determining feature in the analysis and cannot be derived from the logic of capital. Yet, such an incorporation of the international must be careful not to reduce complex processes of decision-making to a structural, trans-historical explanation of Realism. This argument has been constructed in three main steps, of which the third and final part was aimed at re-grounding the highly abstracted arguments in a case study of Brexit in order to illustrate the relevance of this debate for understanding contemporary socio-economic events.

Callinicos, A. Accessed: 27 April Accessed: 15 April Cambridge Review of International Affairs , 20 4 , pp. DOI: Accessed: 25 April Accessed: 8 May Gokay, B. Held, D. In: The global transformations reader — an introduction to the globalization debate. Second Edition. Cambridge: Polity Press, pp. Hobden, S.

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Baylis, S. Smith, and P. Owens, seventh edition. Jokar, M. Accessed: 7 May Marx, K. London: Verso; originally published , pp.

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Ninkovich, F. Political Science Quarterly, 3 , pp. Pozo-Martin, G. Cambridge Review of International Affairs 20 4 , pp. Robinson, W. Accessed: 9 May Rosenberg, J.