The deep fiscal recession that has happened in all significant sectors of the U.S. and international financial system is a manifestation of the underlying contradictions of the capitalist process that has led to the buildup of big fortunes on one part and impoverishment, debt, and destitution at the different. briefly, the problem of world capitalism is the results of the massive disparities in wealth and source of revenue and a consequent widening hole among capital and labor.

This ground-breaking publication brings jointly a staff of specialists at the modern international capitalist political economic system who're capable of make clear the interior workings of world capitalism and the capitalist globalization strategy that has ended in the expansion and improvement of capitalism from the nationwide to the worldwide point, with all its basic inner dynamics and contradictions working on an international scale. it'll make an enormous contribution to realizing the underlying explanations of the present worldwide monetary challenge and convey the way in which out of this main issue in terms of a robust critique of the worldwide capitalist procedure that may finally plow through an incredible fiscal, political, and social transformation.

Analysis of the worldwide capitalist difficulty increases questions concerning the technique of capitalist globalization, in particular now that neoliberal fiscal guidelines have failed. Does this sign the tip of capitalist globalization and the cave in of the worldwide capitalist process? This e-book will absorb those questions and entertain the potential for a brand new starting within the international political economic climate via an research of the subsequent interval of post-capitalist advancements world wide which can set the degree for the increase of socialism around the globe.