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Can Global Capitalism Endure?

Auteurs

William Robinson

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138pages
5 heures de lecture

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Global capitalism is in a profound crisis marked by prolonged economic stagnation and a decaying social fabric. Civil unrest and political turmoil are leading to state collapses, while the planetary ecosystem deteriorates. Millions are displaced due to climate change, corporate land grabs, wars, and persecution. This urgent study by sociologist William I. Robinson offers a comprehensive analysis of capitalism's crisis and humanity's future. Drawing on three decades of scholarship and activism, Robinson applies his original theory of global capitalism to the digital age, revealing how elites hope to reactivate the economy through radical digital technologies and financial strategies. However, this may result in a global police state to suppress mass rebellion as chaos and civil unrest escalate. While the capitalist class might endure for decades, the majority will face dire struggles for survival, leading to widespread suffering. Ultimately, capitalist expansion has a terminal limit, as mass extinction and environmental degradation threaten life. The only viable solution is a radical redistribution of wealth and power to address escalating inequalities, paving the way for an ecosocialism that prioritizes social needs and harmony with nature. This theoretically rich yet accessible study engages scholars and the broader public alike, addressing urgent political issues of our time.