From one of America's foremost economic and political thinkers comes a vital analysis of our new hypercompetitive and turbo-charged global economy and the effect it is having on American democracy. With his customary wit and insight, Reich shows how widening inequality of income and wealth, heightened job insecurity, and corporate corruption are merely the logical results of a system in which politicians are more beholden to the influence of business lobbyists than to the voters who elected them. Powerful and thought-provoking, Supercapitalism argues that a clear separation of politics and capitalism will foster an enviroment in which both business and government thrive, by putting capitalism in the service of democracy, and not the other way around.

"James Howard Kunstler, author of The Long Emergency, which sold approximately 36K copies, returns with a new book exploring the looming collapse of the techno-industrial economy, featuring profiles of individuals who have drastically altered their lives due to financial difficulties"--

Review “Leo Panitch and Colin Leys have written a book whose significance extends far beyond the specific case of the British Labour Party.”—Critical Sociology “... a brilliant refutation of New Labour’s version of history. With an impressive range of evidence, careful analysis and a theoretical framework, [Panitch and Leys] have provided a highly readable and committed book ... recommended for everyone who really wants to understand the politics and recent history of the Labour Party.”—Contemporary Politics “... a rich and immensely enjoyable narrative, full of detail about the trajectory taken by Labour over the last quarter-century.”—Times Literary Supplement Product Description This trenchant account of the last twenty-five years of the British Labour Party argues that Tony Blair’s modernizing tendency was profoundly mistaken in asserting that the only alternative to traditional social democracy and narrow parliamentarianism was an acceptance of neo-liberalism. In blaming the Labour left, rather than the social-democratic right for the party’s years in the electoral wilderness, the modernizers rejected the creativity and energy which the party’s New Left had mobilized, and without which their own professed aim of democratic renewal was unlikely to be realized. About the Author Colin Leys is Emeritus Professor of Political Studies at Queen’s University, Canada. His previous books include Politics in Britain, The Rise and Fall of Development Theory and, with Leo Panitch, The End of Parliamentary Socialism. Leo Panitch is Canada Research Chair in Comparative Political Economy and Distinguished Research Professor of Political Science at York University. Editor of The Socialist Register for 25 years, his many books include Working Class Politics in Crisis, A Different Kind of State, The End of Parliamentary Socialism, and American Empire and The Political Economy of Global Finance.

How are we to explain the resurgence of customary chiefs in contemporary Africa? Rather than disappearing with the tide of modernity, as many expected, indigenous sovereigns are instead a rising force, often wielding substantial power and legitimacy despite major changes in the workings of the global political economy in the post–Cold War era—changes in which they are themselves deeply implicated. This pathbreaking volume, edited by anthropologists John L. Comaroff and Jean Comaroff, explores the reasons behind the increasingly assertive politics of custom in many corners of Africa. Chiefs come in countless guises—from university professors through cosmopolitan businessmen to subsistence farmers–but, whatever else they do, they are a critical key to understanding the tenacious hold that “traditional” authority enjoys in the late modern world. Together the contributors explore this counterintuitive chapter in Africa’s history and, in so doing, place it within the broader world-making processes of the twenty-first century.