CCS
CCS Events
CCS Libraries
About CCS
CCS Projects
BRICS
CCS Highlights


Publication Details

Reference
Bond, Patrick (2007) Volatile Capitalism and Global Poverty. SANPAD: The Poverty challenge Conference 2007  : 1-40.

Summary
This paper seeks to make links between the last period (roughly three decades) of volatile capitalism and poverty, in order to advance strategic resistance. The merits of classical political-economic theory including the identification of crisis tendencies at the core of capital’s laws of motion, tendencies which are met by countervailing management techniques. Crisis displacement techniques became much more sophisticated since the 1930s freeze of financial markets, crash of trade, Great Depression and interimperial turn to armed aggression. The paper documents the global economy’s vast credit expansion and the use of geographical power to move devaluation to Third World and emerging market sites, which in turn has generated vast increases in poverty in most areas of the South. Extra-market coercion including gendered and environmental superexploitation has intensified in the process. The result is an ‘uneven and combined’ capitalism that concentrates wealth and poverty in more intense ways, geographically, and brings capitalist markets and the non-market spheres of society and nature together in ways adverse to the latter, generating mass poverty. As for resistance, popular movements across the world are divided on strategies and tactics. While there are some crucial sites of national state control by anti-capitalist forces in Latin America, we can consider the options faced by the popular movements in terms of three alternative orientations: ‘autonomism’; ‘global governance’; and ‘decommodification’ of life/nature alongside the ‘deglobalization’ of capital.

On The Web 
Read Publication 
 cast your net a little wider...
 Radical Philosophy 
 AFRICAN ENVIROMENTAL JUSTICE DOCUMENTARY FILMS 
 African Studies Association (USA)  
 New Dawn Engineering 
 Wikipedia 
 Indymedia Radio 
 Southern Africa Report online 
 Online Anti Apartheid Periodicals, 1960 - 1994 
 Autonomy & Solidarity 
 New Formulation 
 We Write 
 International Journal of Socialist Renewal 
 Theoria 
 Journal of African Philosophy 
 British Library for Development Studies 
 The Nordic Africa Institute Online Library 
 Political Economy Research Institute Bulletin (PERI) 
 Feminist Africa 
 Jacques Depelchin's Tribute to Harold Wolpe 
 Chimurenga 
 African Studies Quarterly 
 The Industrial Workers of the World 
 Anarchist Archives 
 Wholewheat Radio 
 Transformation: Critical Perspectives on Southern Africa  
 Zanon Workers 
 Public Citizen  
 Open Directory Project 
 Big noise films 
 London Review of Books  
 New York Review of Books 
 Monthly Review 
 New Left Review 
 Bureau of Public Secrets  
 Zed Books 
 Pluto Press 
 Duke University Press  
 Abe Books 
 The Electric Book Company 
 Project Guttenberg 
 Newspeak Dictionary 
 Feral Script Kiddies 
 Go Open Source 
 Source Forge 
 www.kiarchive.ru 
 Ubuntu Linux Home Page 
 Software for Apple Computers 



|  Contact Information  |  Terms of Use  |  Privacy