"In this classic work of economic history and social theory, Karl Polanyi tracks the economic and social changes brought about by the "great transformation" of the Industrial Revolution. He pays particular attention to capitalism's rise and its role in fundamentally altering life after the Industrial Revolution. This seminal analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism"-- Provided by publisher.

Rising inequality of income and power, along with the recent convulsions in the finance sector, have made the search for alternatives to unbridled capitalism more urgent than ever. Yet there has been a global retreat by the Left: on the assumption that liberal capitalism is the only game in town, political theorists tend to dismiss as utopian any attempt to rethink our social and economic relations. As Fredric Jameson first argued, it is now easier for us to imagine the end of the world than an alternative to capitalism. Erik Olin Wright’s Envisioning Real Utopias is a comprehensive assault on the quietism of contemporary social theory. Building on a lifetime’s work analyzing the class system in the developed world, as well as exploring the problem of the transition to a socialist alternative, Wright has now completed a systematic reconstruction of the core values and feasible goals for Left theorists and political actors. Envisioning Real Utopias aims to put the social back into socialism, laying the foundations for a set of concrete, emancipatory alternatives to the capitalist system. Characteristically rigorous and engaging, this will become a landmark of social thought for the twenty-first century.

"John Maynard Keynes (1883-1946) was arguably the most important economist of the twentieth century; his ideas have fundamentally altered the way governments approach economic policy. Exploring the enduring relevance of his ideas, Robert Skidelsky emphasizes Keynes's conception of economics as a moral science. Keynes was deeply invested in the broader societal implications of economic policies, and this book highlights his belief in economics as a tool for achieving the good life. Skidelsky sheds new light on Keynes's views on capitalism, discusses his advocacy of low interest rates, and delves into his thoughts on economic instability. He also offers fresh insight into Keynes's ideas about money, his philosophical foundations, and his unique approach to uncertainty and probability. Ultimately, Skidelsky shows how Keynes's vision of an economic policy that prioritizes the common good can be adapted to help solve our current economic and political challenges"--

The all-encompassing embrace of world capitalism at the beginning of the twenty-first century was generally attributed to the superiority of competitive markets. Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren’t straightforwardly opposing forces. In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an “informal empire” promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises. The Making of Global Capitalism , through its highly original analysis of the first great economic crisis of the twenty-first century, identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements transforming nation states and transcending global markets.

Murray Bookchin was one of the most important radical thinkers of the twentieth century. This is his final book, completed just before he died in 2006. It is the first book to comprehensively explain his political ideas. In the 1960s Murray Bookchin introduced the concept of ecology into progressive politics, and he is widely regarded as the foremost theorist of the green and anarchist movements. Bookchin argued that capitalism and the nation state, as well as oppressive social relations in general, must be abolished if we are to have a rational and ecological society. According to Bookchin, we must fundamentally remake society along ecological lines, based on principles of confederation, humanism, non-hierarchy and direct democracy. In a time when the left is highly defensive, Bookchin's ideas of social ecology present a strong vision of an alternative society. With today's huge improvements in communications, his bold ideas are increasingly practical and, faced with ecological catastrophe, they are increasingly necessary. This is a must-read for students of political theory and anti-globalisation activists.