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Schwartz makes the case that worldwide, U.S. growth and power over the last twenty years has depended in large part on domestic housing markets. Mortgage-based securities attracted a cascade of overseas capital into the U.S. economy. High levels of private home ownership, particularly in the United States and the United Kingdom, have helped pull in a disproportionately large share of world capital flows.As events since mid-2008 have made clear, mortgage lenders became ever more eager to extend housing loans, for the more mortgage packages they securitized, the higher their profits. As a result, they were dangerously inventive in creating new mortgage products, notably adjustable-rate and subprime mortgages, to attract new, mainly first-time, buyers into the housing market. However, mortgage-based instruments work only when confidence in the mortgage system is maintained. Regulatory failures in the American S\u0026L sector, the accounting crisis that led to the extinction of Arthur Andersen, and the subprime crisis that destroyed Lehman Brothers and Merrill Lynch and damaged many other big financial institutions have jeopardized a significant engine of economic growth.\u003c\/p\u003e\u003cp\u003eSchwartz concentrates on the impact of U.S. regulatory failure on the international economy. 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Current political patterns and leadership in these countries have emerged in the context of predominantly agricultural, industrially underdeveloped economies. Each state has played a major role in social transformation, relying on the educational system to train, educate, and socialize its future citizens. Discussing the similarities and differences among these states, the authors show the primacy of politics and the interaction of material and ideological goals in the process of social transition, and how shifting policies reflect and are reflected in educational change. This collection first examines critical analyses of education in capitalist societies, both industrialized and peripheral, and explores the utility of those perspectives in the political and educational conditions of the countries under study. Together these essays offer the first systematic explanation of how and why education in socialist countries undergoing rapid change differs from education in developing capitalist countries. Contributions to the study were made by Mary Ann Burris, Anton Johnston, and Carlos Alberto Torres.\u003cbr\u003e\u003cbr\u003eOriginally published in 1990.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. 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Richard Pomfret provides a historical and structural analysis of this area of the former Soviet Union, with an emphasis on their economic situation since independence. With the strategic significance of this part of the world growing by the week, this book provides an invaluable source of material for understanding what has been for Westerners a very mysterious part of the world.\u003cbr\u003e\u003cbr\u003eThe first part of the book deals with the five countries' common features, determined by geography and their role in the Soviet division of labor, which left many parts of the region heavily dependent on a cotton monoculture and facing serious environmental problems (notably the shrinking of the Aral Sea and contamination from nuclear testing). The author goes on to deal with the countries as national economies. Finally, he examines common problems facing the countries since they gained independence in late 1991. These last chapters focus on the immediate economic problems of 1992 and 1993 (economic transition and the decision whether to remain within the ruble zone), as well as long-term development issues and international economic relations.\u003cbr\u003e\u003cbr\u003eOriginally published in 1995.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. 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He demonstrates that the Russian economy under the tsars performed much better than has previously been supposed; the Russian economy and its financial institutions were integrated into the world economy, allowing Russia to attract significant foreign capital. Furthermore, he shows that Stalin's justifications for the abandonment of the New Economic Policy in the late 1920s were incorrect: the so-called crises of NEP were either fabricated or the result of misguided economic thinking.\u003cbr\u003e\u003cbr\u003e\u003ci\u003eBefore Command\u003c\/i\u003e is the culmination of the author's lifelong study of the economic history of Russia and the Soviet Union. 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The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46155422171313,"sku":"9780691637006","price":130.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple (2014)","offer_id":46155422204081,"sku":"9780691608563","price":53.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple (1993)","offer_id":46155422236849,"sku":"9780520069947","price":72.15,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_5011c35d-5651-4b94-904a-6b690ffa06ab.jpg?v=1763714731"},{"product_id":"capital-and-imperialism","title":"Capital and Imperialism: Theory, History, and the Present","description":"\u003cp\u003e\u003cb\u003eA comprehensive survey of capitalism's colonialist roots and uncertain future\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThose who control the world?s commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book?winner of the Paul A. Baran-Paul M. Sweezy Memorial Award?radical political economists Utsa Patnaik and Prabhat Patnaik argue that the accumulation of capital has always required the taking of land, raw materials, and bodies from noncapitalist modes of production. They begin with a thorough debunking of mainstream economics.\u003cbr\u003eThen, looking at the history of capitalism, from the beginnings of colonialism half a millennium ago to today?s neoliberal regimes, they discover that, over the long haul, capitalism, in order to exist, must metastasize itself in the practice of imperialism and the immiseration of countless people. A few hundred years ago, write the Patnaiks, colonialism began to ensure vast, virtually free, markets for new products in burgeoning cities in the West. But even after slavery was generally abolished, millions of people in the Global South still fell prey to the continuing lethal exigencies of the marketplace. Even\u003cbr\u003eafter the Second World War, when decolonization led to the end of the so-called ?Golden Age of Capitalism,? neoliberal economies stepped in to reclaim the Global South, imposing drastic ?austerity? measures on working people. But, say the Patnaiks, this neoliberal economy, which lives from bubble to bubble, is doomed to a protracted crisis. 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This major case study treats the paradox of the energy crisis as an essential part of larger economic problems of the Soviet Union and as a key issue in determining the fate of the Gorbachev reforms.\u003cbr\u003e\u003cbr\u003eOriginally published in 1989.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46155420434609,"sku":"9780691636696","price":250.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple","offer_id":46155420467377,"sku":"9780691608228","price":98.0,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_7b184b71-142f-4b45-aa85-41334b1dcf60.jpg?v=1763714733"},{"product_id":"plaidoyer-pour-la-mondialisation","title":"Plaidoyer pour la mondialisation","description":"\u003cp\u003eDans le débat passionné qui fait rage autour de la mondialisation, ses critiques font valoir les nombreux maux qu’elle inflige aux pays pauvres, du travail des enfants à la dégradation écologique en passant par l’homogénéisation culturelle. Jagdish Bhagwati répond ici à ces arguments souvent avancés contre la libéralisation des échanges mondiaux. La mondialisation, si elle est bien conduite, est bien la force la plus puissante de progrès social dans le monde. Accroît-elle ou réduit-elle la pauvreté ? Favorise-t-elle vraiment le travail des enfants ? Nuit-elle aux femmes ? Met-elle en péril les spécificités culturelles ? Déséquilibre-t-elle les salaires ? Ravage-t-elle l’environnement ? Fait-elle le jeu des entreprises les plus prédatrices ? Tous les grands arguments antimondialisation sont passés au crible. Avec, au bout du compte, une interrogation cruciale : quelle gouvernance pour une mondialisation bien conduite ?« L’un des grands théoriciens du commerce international. » Wall Street Journal. Jagdish Bhagwati est professeur à l’Université Columbia et écrit fréquemment dans le New York Times, le Wall Street Journal et le Financial TimesPréface de Pascal LamyPascal Lamy est directeur général de l’Organisation mondiale du commerce.\u003c\/p\u003e\r\n","brand":"None","offers":[{"title":"Livre numérique Kobo","offer_id":46154973315249,"sku":"5c1bd4cd-b539-3af5-9b44-8974feeed70a","price":28.99,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/image_c3acece2-f6cf-4e5f-a13b-b258759ab120.jpg?v=1762935887"},{"product_id":"constitutional-environments-and-economic-growth","title":"Constitutional Environments and Economic Growth","description":"\u003cp\u003eIn this provocative work, Gerald Scully develops and empirically tests a theory about how a nation's constitutional setting affects its economic growth. Modern growth theory links the rise in the standard of living to capital formation, both physical and human, and to technological progress, and development economists continue to believe that the transformation of the less developed world cannot occur without massive government control of the economy. Scully, on the other hand, maintains that material advancement is as much affected by the choice of the economic, legal, and political institutions under which people live and work as it is by resource endowment and technological progress. Nothing in the neoclassical theory of growth considers the \"rules of the game\" under which capital is accumulated and innovation is made. Redressing this neglect, Scully proposes ways of measuring the economic, civil, and political freedom within a society's institutional framework, and he reveals that freedom, or the lack thereof, powerfully and demonstrably influences not only economic progress but also income distribution. Politically open societies grow at nearly three times the rate of those where freedom is more circumscribed, and they also have a more equitable distribution of income. Finally, Scully measures the effect of the size of the state on economic progress, showing that the larger the amount of government expenditures out of gross domestic product, the lower the rate of economic progress.\u003cbr\u003e\u003cbr\u003eOriginally published in 1992.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46155414470833,"sku":"9780691634555","price":162.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple","offer_id":46155414503601,"sku":"9780691605623","price":68.0,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_45b97620-9534-4c8c-b72b-5cbe9762ad4c.jpg?v=1763679148"},{"product_id":"the-rate-and-direction-of-inventive-activity","title":"The Rate and Direction of Inventive Activity: Economic and Social Factors","description":"\u003cp\u003eThe papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories.\u003cbr\u003e\u003cbr\u003eOriginally published in 1962.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46155285495985,"sku":"9780691651941","price":412.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple","offer_id":46155285528753,"sku":"9780691625492","price":149.0,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_f42ec91a-6341-47b0-9fc8-fa3d37328ae7.jpg?v=1764393264"},{"product_id":"revolution-and-state-in-modern-mexico","title":"Revolution And State In Modern Mexico: The Political Economy Of Uneven Development","description":"Now in an updated edition, this groundbreaking study develops a new approach to understanding the formation of the postrevolutionary state in Mexico. In a shift away from dominant interpretations, Adam David Morton considers the construction of the revolution and the modern Mexican state through a fresh analysis of the Mexican Revolution, the era of import substitution industrialization, and neoliberalism. Throughout, the author makes interdisciplinary links among geography, political economy, postcolonialism, and Latin American studies in order to provide a new framework for analyzing the development of state power in Mexico. He also explores key processes in the contestation of the modern state, specifically through studies of the role of intellectuals, democratization and democratic transition, and spaces of resistance. As Morton argues, all these themes can only be fully understood through the lens of uneven development in Latin America.\r\n\r\nCentrally, the book shows how the history of modern state formation and uneven development in Mexico is best understood as a form of passive revolution, referring to the ongoing class strategies that have shaped relations between state and civil society. As such, Morton makes an important interdisciplinary contribution to debates on state formation relevant to Mexican studies, postcolonial and development studies, historical sociology, and international political economy by revitalizing the debate on the uneven and combined character of development in Mexico and throughout Latin America. In so doing, he convincingly contends that uneven development can once again become a tool for radical political economy analysis in and beyond the region.\r\n\r\nA substantive new epilogue engages the main theoretical debates that have emerged since the book was first published, while also exploring the dominant geographies of power and resistance that are shaping state space in Mexico in the twenty-first century. And now a Spanish edition, Revolución y Estado en México moderno (México, D.F.: Siglo XXI, 2017), is available as well.\r\n\r\nClick here to see the book trailer.","brand":"None","offers":[{"title":"Couverture souple","offer_id":46155486265521,"sku":"9780742554900","price":53.0,"currency_code":"CAD","in_stock":false},{"title":"Couverture rigide","offer_id":46155486298289,"sku":"9780742554894","price":129.0,"currency_code":"CAD","in_stock":false},{"title":"Livre numérique Kobo","offer_id":46155486331057,"sku":"b20cd005-53a6-3e8a-9c05-3c16905a6cea","price":43.19,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_0d2afc9f-f819-4d97-b9c4-f7131f1273fc.jpg?v=1762445454"},{"product_id":"the-collapse-of-state-socialism","title":"The Collapse of State Socialism: The Case of Poland","description":"\u003cp\u003eDoes the abrupt collapse of communist regimes in Eastern Europe arise only from errors in implementing the policy of state socialism, leaving the concept itself still a potentially valid one? Bartlomiej Kaminski argues to the contrary: state socialism is a fundamentally defective idea that was well carried out, enabling it to exist until its accumulated shortcomings made its survival extremely difficult. How did the flawed state-socialist system endure for so long? Why is it failing now? In answering these questions, Kaminski, who is both an economist and a political analyst, proposes a general theory and then applies it to the case of Poland. Contending that the breakdown of state socialism results from symbiosis of the state and the economy, the book describes how communist governments searched for tools that would replace the market mechanism and the rule of law. Doomed in advance by the absence of autonomy and competition, this search generated new crises by undermining the state's capacity to suppress individual interests and to direct the economy.\u003cbr\u003e\u003cbr\u003eOriginally published in 1991.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46155416895665,"sku":"9780691637372","price":179.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple","offer_id":46155416928433,"sku":"9780691609010","price":72.0,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_acbe5839-dd94-4c34-bc5c-a1f275a5f043.jpg?v=1763679152"},{"product_id":"global-bargaining","title":"Global Bargaining: UNCTAD and the Quest for a New International Economic Order","description":"\u003cp\u003eNegotiations on an international commodity policy have been the central issue on the North-South agenda for the past three years. They also can be seen as the first major effort to give substantive meaning to the Third World's desire not only for a new regime for the world's raw commodity trade but also for a New International Economic Order. Yet various obstacles have impeded successful North-South bargaining, and the negotiations remain at a stalemate. Focusing on the bargaining process between developed and developing countries in the United Nations Conference on Trade and Development, Robert Rothstein analyzes the factors that have inhibited successful negotiation and suggests ways in which these obstacles might be removed.\u003cbr\u003e\u003cbr\u003e The first part of the book focuses on the specifics of the commodity debate, while in the second part the author attempts to explain the causes of delay, misunderstanding, and mistrust within the negotiating process. Assessing the possibility of devising an effective bargaining policy among unequal parties with conflicting values and interests, Professor Rothstein suggests a number of structural, institutional, and conceptual reforms.\u003cbr\u003e\u003cbr\u003eOriginally published in 1979.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. 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He then frames a formal Bill of Economic Rights and Obligations, which defines proper governmental conduct in the economic terrain as the American Constitution does in the political. Defending a form of governmental policy that strikes a balance between the egoistic and compassionate elements of American individualism, Kuenne also considers the practical tasks of program implementation, and goes on to assess the feasibility of meeting concrete redistributive goals over the next thirty years. His thorough investigation of one of the country's most urgent predicaments could do much to stimulate debate over the ad hoc and unprincipled distributive policies that now prevail in the United States.\u003cbr\u003e\u003cbr\u003eOriginally published in 1993.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.\u003c\/p\u003e","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46155334877361,"sku":"9780691631202","price":284.0,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple (2007)","offer_id":46155334910129,"sku":"9780520254268","price":75.92,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple (2014)","offer_id":46155334942897,"sku":"9780691601540","price":115.0,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_702f04c7-224a-4fdc-8cb2-5cdcab616161.jpg?v=1764378940"},{"product_id":"the-nature-of-socialist-economics","title":"The Nature of Socialist Economics: Lessons from Eastern European Foreign Trade","description":"\u003cp\u003eWhat are the sources of the well-known differences in the performance of capitalist and socialist economic systems? Peter Murrell argues that the Schumpeterian model has far more power to answer this question than does the neoclassical theory generally used for that purpose. The neoclassical theory focuses on the absence of a price system and the inability of a centralized system to allocate resources efficiently, while the Schumpeterian model emphasizes the rigidity of institutions and policies in socialist economies and their lack of mechanisms either to create new institutions or to identify and to foster the growth of the most efficient organizations (including multinational corporations). In a work that will have profound consequences for the analysis of economic reform in socialist economies, Murrell compares the predictions of these two models against data summarizing foreign trade performance and finds the Schumpeterian model clearly superior. Combining international trade theory and econometric techniques, the author develops new methods of comparative economic analysis. These methods provide new information on the values of eleven resource endowments implicit in trade, the degree to which the socialist countries fit standard models of trade, the effect of multinational corporations on trade, and myriad other features of economic performance.\u003cbr\u003e\u003cbr\u003eOriginally published in 1990.\u003cbr\u003e\u003cbr\u003eThe \u003cb\u003ePrinceton Legacy Library\u003c\/b\u003e uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. 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Why are societies, despite the mounting threat to ourselves and our children, so reluctant to take action?\u003cbr\u003e\u003cbr\u003eIn this important new book, Jens Beckert provides an answer to these questions. Our apparent inability to implement basic measures to combat climate change is due to the nature of power and incentive structures affecting companies, politicians, voters, and consumers. Drawing on social science research, he argues that climate change is an inevitable product of the structures of capitalist modernity which have been developing for the past 500 years. Our institutional and cultural arrangements are operating at the cost of destroying the natural environment and attempts to address global warming are almost inevitably bound to fail. Temperatures will continue to rise and social and political conflicts will intensify. The tragic truth is: we are selling our future for the next quarterly figures, the upcoming election results, and today’s pleasure. Any realistic climate policy needs to focus on preparing societies for the consequences of escalating climate change and aim at strengthening social resilience to cope with the increasingly unstable natural world. Civil society is the only source of pressure that could build the necessary strength and support for climate protection.\u003cbr\u003e\u003cbr\u003e\u003ci\u003eHow We Sold Our Future\u003c\/i\u003e is a crucial intervention into the most pressing issue of our time.","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46154852991153,"sku":"9781509565092","price":40.95,"currency_code":"CAD","in_stock":true},{"title":"Livre numérique Kobo","offer_id":46154853023921,"sku":"df449141-e152-3803-8b46-2df25ccba93b","price":17.99,"currency_code":"CAD","in_stock":true},{"title":"Couverture souple","offer_id":46801071243474,"sku":"9781509510023","price":26.95,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_5fdf30d4-ccad-440f-ae13-9c64e01a187f.jpg?v=1763339429"},{"product_id":"unexpected-revolutionaries","title":"Unexpected Revolutionaries: How Central Banks Made and Unmade Economic Orthodoxy","description":"\u003cp\u003e\u003cb\u003eIn \u003c\/b\u003e\u003cb\u003e\u003ci\u003eUnexpected Revolutionaries\u003c\/i\u003e\u003c\/b\u003e\u003cb\u003e, Manuela Moschella investigates the institutional transformation of central banks from the 1970s to the present. \u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eCentral banks are typically regarded as conservative, politically neutral institutions that uphold conventional macroeconomic wisdom. Yet in the wake of the 2008 global financial crisis and the 2020 COVID-19 crisis, central banks have upended observer expectations by implementing largely unknown and unconventional monetary policies. Far from abiding by well-established policy playbooks, central banks now engage in practices such as providing liquidity support for a wide range of financial institutions and quantitative easing. They have even stretched the remit of monetary policy into issues such as inequality and climate change. \u003c\/p\u003e\u003cp\u003eMoschella argues that the political nature of central banks lies at the heart of these transformations. While formally independent, central banks need political support to justify their policies and powers, and to obtain it, they carefully manage their reputation among their audienceselected officials, market actors, and citizens. Challenged by reputational threats brought about by twenty-first-century recessionary and deflationary forces, central banks such as the Federal Reserve System and the European Central Bank strategically deviated from orthodox monetary policies to preempt or manage political backlash and to regain public trust. 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While confirming a broad, shared liberalizing trend, it finds that there are in fact distinct varieties of liberalization associated with very different distributive outcomes. Most scholarship equates liberal capitalism with inequality and coordinated capitalism with higher levels of social solidarity. However, this study explains why the institutions of coordinated capitalism and egalitarian capitalism coincided and complemented one another in the “Golden Era” of postwar development in the 1950s and 1960s, and why they no longer do so. Contrary to the conventional wisdom, this study reveals that the successful defense of the institutions traditionally associated with coordinated capitalism has often been a recipe for increased inequality due to declining coverage and dualization. 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It moves on to examine the responses of both the dispossessed and the ruling classes to the catastrophe, giving special attention to student mobilizations around the world. Weaving together a global network of stories and analyses, editor Deric Shannon creates an outline of what real and effective opposition to the forces that are destroying our lives and our planet might look like. From solidarity networks to revolutionary unionism, student strikes, and ever-new forms of state and corporate control, \u003ci\u003eThe End of the World as We Know It?\u003c\/i\u003e is a guide to the future of anticapitalist struggle\u003c\/p\u003e\u003cbr\u003e\u003cp\u003e“Highly recommended reading for the contemporary dissident.”\u003ci\u003e—\u003c\/i\u003eRuth Kinna, author of \u003ci\u003eA Beginner’s Guide to Anarchism\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003e \u003c\/i\u003e“\u003ci\u003eThe End of the World As We Know It?\u003c\/i\u003e will be an  invaluable resource for students of political economy in our momentous  times.... [it] offers an indispensable array of perspectives on the  crisis in contemporary global capitalism, with an eye toward dismantling  it.”\u003ci\u003e \u003c\/i\u003e—Alessandro De Giorgi, author of \u003ci\u003eRe-thinking the Political Economy of Punishment\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003e \u003c\/i\u003e“\u003ci\u003eA\u003c\/i\u003e must-read for those interested in navigating  the turbulent waters of economic uncertainty, political instability, and  global resistance. The contributors not only provide clear and  accessible analyses but also, and more importantly, a range of  thought-provoking proposals for change which challenge an increasingly  unequal and unsustainable status quo.” —Nathan Jun, Author of \u003ci\u003eAnarchism and Political Modernity\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003e \u003c\/i\u003e\"There is nothing more important for anticapitalists than  providing sharp analysis and relevant answers to the problems of our  time, rather than merely propagating noble ideals. Here is a book that  lives up to the task.\" —Gabriel Kuhn, editor of \u003ci\u003eAll Power to the Councils!\u003c\/i\u003e \u003ci\u003eA Documentary History of the German Revolution of 1918–1919 \u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e “The contributions in \u003ci\u003eThe End of the World As We Know It? \u003c\/i\u003eprovide  us with important lessons concerning the economic crisis and the  attempts of working people to create a world worth living in.” —Andrej  Grubacic, author of \u003ci\u003eDon’t Mourn, Balkanize! 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Culpepper demonstrates that the lessons of decentralized cooperation extend to industrial and environmental policies. 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