Cover; Contents; Acknowledgements and Dedication; FOREWORD The Crisis of the Globalist Project and the New Economics of George W. Bush; ONE Introduction : The Multiple Crises of Global Capitalism; TWO Marginalizing the South in the International System; THREE Sidestepping Democracy at the Multilateral Agencies; FOUR The Crisis of Legitimacy; FIVE The Vicissitudes of Reform, 1998-2002; SIX Proposals for Global Governance Reform : A Critical Analysis; SEVEN The Alternative : Deglobalization; Selected Readings.
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Acknowledgements -- 1. Introduction: will China be the epicentre of the next financial crisis? -- 2. Crisis in Wall Street and the Keynesian response -- 3. Europe: social democracy's Faustian pact with global finance -- 4. Asia and finance capital: from the Japanese bubble to China's financial time bomb -- 5. Reforming the global financial architecture: opportunities lost, 2008-18 -- 6. How to rebottle the genie -- 7. Conclusion: why financial reform is not enough -- Notes -- Glossary -- Index.
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About the Author; Title page; Copyright; Contents; Introduction . Globalization's Debacle: Crisis and Opportunity; Part I: The Destructive Dynamics of Finance Capital; Chapter 1 . Why and How Finance Became Dominant; A primer on Wall Street meltdown; Recovery recedes, convulsion looms; Chapter 2 . The US: Cutting Edge of Crisis; Capitalism in an apocalyptic mood; The political consequences of stagnation; Lessons of the Obama debacle; Chapter 3 . Europe's Tragic Spiral; The Celtic Tiger follows the Asian Tigers to extinction; Greece: same tragedy, different scripts.
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"The far right is on the rise globally, with the rhetoric of anger and resentment emanating from personalities like Donald Trump, Marine Le Pen, Rodrigo Duterte, and Viktor Orban captivating and mobilizing large numbers of people. Indeed, in a number of countries, the extreme right has already captured the government or is on the threshold of power. While the swift turn of events has shocked or surprised many in the North, the extreme right's seizure of power is not an uncommon event in the South. Deploying what he calls the "dialectic of revolution and counterrevolution" and harnessing the methods of comparative history and comparative sociology, Walden Bello's Counterrevolution is a bold, sweeping enterprise that seeks to deconstruct the challenge from the far right. Using as case studies Italy in the 1920's, Indonesia in the 1960s', Chile in the 1970's, and contemporary Thailand, India, and the Philippines, Bello lays bare the origins, dynamics, and consequences of counterrevolutionary movements. Reflections on the rise of the right in the United States, Europe, and Brazil round out this remarkable, timely study by one of the premier intellectuals of the South. Bello weds his well-known analytical scalpel to vigorous and clear writing to produce what reviewers have already dubbed one of the most profound, exciting, and controversial contributions to the study of social movements in years, one that bears comparison to the classic works of Barrington Moore, Jr., and Theda Skocpol. While he is well known for his progressive views, Bello, who was a recipient of the Right Livelihood Award (aka the Alternative Nobel Prize) and named the International Studies Association's Outstanding Public Scholar, is one of those rare analysts who does not let politics get in the way of clear-sighted analysis."-- Provided by publisher.