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In Global Capitalism (originally published in 1991), Richard Peet surveys the various approaches made by social theory towards seeing history in terms of its regional dynamics. He reviews environmental determinism, modernization, dependency, and world systems theories.
Who really runs the global economy? Who benefits most from it? The answer is a triad of 'governance institutions' - The IMF, the World Bank and the WTO. This book argues that neoliberal global capitalism has entered a period of crisis so severe that governance will become impossible.
Examines how contemporary global economic policies are made: by which institutions, under what ideologies, and how they are enforced. This book shows that neoliberal economic policy is enforced by a few thousand unelected and unaccountable experts in the North and has failed to deliver tolerable living conditions for the poor.
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