LITMIR.BIZ

What happens when the rich are allowed to hide their money in tax havens, and what we should do about it The Panama Papers demonstrated that the superrich hide their wealth from the rest of us. Dirty Secrets shows that this was not by accident, but by design. It was the result of a powerful alliance of the wealthy, their advisers and the state that has undermined all attempts to solve the tax haven problem. This is because tax havens are the unacknowledged heart of globalized capitalism. Their purpose is to provide freedom from regulation. The exponents say this makes markets work and so we all gain. But this argument has now failed. Furthermore democracy itself is being threatened by the political fallout from the mistrust this regime has created. The result is that tax havens are now a threat to the very system that supposedly spawned it. Dirty Secrets is the most revelatory examination of the crisis by a leading expert, but also offers solutions on how governments can regulate havens and what the world might look like without them.

Подробнее

Indebtedness as the universal condition of modern life. The credit crisis has pushed the whole world so far into the red that the gigantic sums involved defy understanding. On a human level, what does such an enormous degree of debt and insolvency mean? In this timely book, cultural critic Richard Dienst considers the financial crisis, global poverty, media politics and radical theory to parse the various implications of a world where man is born free but everywhere is in debt. Written with humor and verve, Bonds of Debt ranges across subjects—such as Obama’s national security strategy, the architecture of Prada stores, press photos of Bono, and a fairy tale told by Karl Marx—to capture a modern condition founded on fiscal imprudence. Moving beyond the dominant pieties and widespread anxieties surrounding the topic, Dienst re-conceives the world’s massive financial obligations as a social, economic, and political bond, where the crushing weight of objectified wealth comes face to face with new demands for equality and solidarity. For this inspired analysis, we are indebted to him.

Подробнее

An exploration of the utopias and dystopias that could develop from present society Peter Frase argues that increasing automation and a growing scarcity of resources, thanks to climate change, will bring it all tumbling down. In Four Futures, Frase imagines how this post-capitalist world might look, deploying the tools of both social science and speculative fiction to explore what communism, rentism and extermininsm might actually entail. Could the current rise of the real-life robocops usher in a world that resembles Ender's Game? And sure, communism will bring an end to material scarcities and inequalities of wealth—but there's no guarantee that social hierarchies, governed by an economy of «likes,» wouldn't rise to take their place. A whirlwind tour through science fiction, social theory and the new technologies are already shaping our lives, Four Futures is a balance sheet of the socialisms we may reach if a resurgent Left is successful, and the barbarisms we may be consigned to if those movements fail.

Подробнее

The BBC: The mouthpiece of the Establishment? The BBC is one of the most important institutions in Britain; it is also one of the most misunderstood. Despite its claim to be independent and impartial, and the constant accusations of a liberal bias, the BBC has always sided with the elite. As Tom Mills demonstrates, we are only getting the news that the Establishment wants aired in public. Throughout its existence, the BBC has been in thrall to those in power. This was true in 1926 when it stood against the workers during the General Strike, and since then the Corporation has continued to mute the voices of those who oppose the status quo: miners in 1984; anti-war protesters in 2003; those who offer alternatives to austerity economics since 2008. From the outset much of its activity has been scrutinised by the secret services at the invitation of those in charge. Since the 1990s the BBC has been integrated into the market, while its independence from government and big business has been steadily eroded. The BBC is an important and timely examination of a crucial public institution that is constantly under threat.

Подробнее

Radical insider’s account of how the city of London really works The City, as London’s financial centre is known, is the world’s biggest international banking and foreign exchange market, shaping the development of global capital. It is also, as this groundbreaking book reveals, a crucial part of the mechanism of power in the world economy. Based on the author’s twenty years’ experience of City dealing rooms, The City is an in-depth look at world markets and revenues that exposes how this mechanism works. All big international companies—not just the banks—utilise this system, and The City shows how the operations of the City of London are critical both for British capitalism and for world finance. Tony Norfield details, with shocking and insightful research, the role of the US dollar in global trading, the network of Britishlinked tax havens, the flows of finance around the world and the system of power built upon financial securities. Why do just fifty companies now have control of a large share of world economic production? The City explains how this situation came about, examining the history of the world economy from the postwar period to the present day. If you imagine you don’t like “finance” but have no problem with the capitalist market system, think again: it turns out the two cannot be separated.

Подробнее

Against the background of recent technological developments, Gorz's major new book explores the political agendas facing both right and left in the midst of the transformations of the nature of work and the structure of the workforce. In this major new book, Andre Gorz expands on the political implications of his prescient and influential Paths to Paradise and Critique of Economic Reason. Against the background of technological developments which have transformed the nature of work and the structure of the workforce, Gorz explores the new political agendas facing both left and right. Each is in disarray: the right, torn between the demands of capital and the 'traditional values' of its supporters, can only offer illusory solutions, while the left either capitulates to these or remains tempted by regressive, 'fundamentalist' projects inappropriate to complex modern societies. Identifying the grave risks posed by a dual society with a hyperactive minority of full-time workers confronting a silenced majority who are, at best, precariously employed, Gorz proposes a new definition of a key social conflict within Western societies in terms of the distribution of work and the form and content of non-working time.Taking into account changing cultural attitudes to work, he re-examines socialism's historical project—which, he contends, has always properly been to lay down the rules and limits within which economic raitonality may be permitted to function, not to create some statist, productivist countersystem. Above all, he offers a vital fresh perspective for the left, whose objective, in his view, must be to extend the sphere to autonomous human activity, and increase the possibilities for individual self-fulfilment.

Подробнее

A real-life Norma Rae on the catastrophic state of the American union movement. In 1995, in the first contested election in the history of the AFL-CIO, John Sweeney won the presidency of the nation’s largest labor federation, promising renewal and resurgence. Today, less than 7 percent of American private-sector workers belong to a union, the lowest percentage since the beginning of the twentieth century, and public employee collective bargaining has been dealt devastating blows in Wisconsin and elsewhere. What happened? Jane McAlevey is famous—and notorious—in the American labor movement as the hard-charging organizer who racked up a string of victories at a time when union leaders said winning wasn’t possible. Then she was bounced from the movement, a victim of the high-level internecine warfare that has torn apart organized labor. In this engrossing and funny narrative—that reflects the personality of its charismatic, wisecracking author—McAlevey tells the story of a number of dramatic organizing and contract victories, and the unconventional strategies that helped achieve them. Raising Expectations (and Raising Hell) argues that labor can be revived, but only if the movement acknowledges its mistakes and fully commits to deep organizing, participatory education, militancy, and an approach to workers and their communities that more resembles the campaigns of the 1930s—in short, social movement unionism that involves raising workers’ expectations (while raising hell).

Подробнее

The first no-holds-barred exposé of the exploitative world of internships. Millions of young people—and increasingly some not-so-young people—now work as interns. They famously shuttle coffee in a thousand magazine offices, legislative backrooms, and Hollywood studios, but they also deliver aid in Afghanistan, map the human genome, and pick up garbage. Intern Nation is the first exposé of the exploitative world of internships. In this witty, astonishing, and serious investigative work, Ross Perlin profiles fellow interns, talks to academics and professionals about what unleashed this phenomenon, and explains why the intern boom is perverting workplace practices around the world. The hardcover publication of this book precipitated a torrent of media coverage in the US and UK, and Perlin has added an entirely new afterword describing the growing focus on this woefully underreported story. Insightful and humorous, Intern Nation will transform the way we think about the culture of work.

Подробнее

First-hand accounts of the largest pro-labor mass mobilization in modern American history. In the spring of 2011, Wisconsinites took to the streets in what became the largest and liveliest labor demonstrations in modern American history. Protesters in the Middle East sent greetings—and pizzas—to the thousands occupying the Capitol building in Madison, and 150,000 demonstrators converged on the city. In a year that has seen a revival of protest in America, here is a riveting account of the first great wave of grassroots resistance to the corporate restructuring of the Great Recession. It Started in Wisconsin includes eyewitness reports by striking teachers, students, and others (such as Wisconsin-born musician Tom Morello), as well as essays explaining Wisconsin’s progressive legacy by acclaimed historians. The book lays bare the national corporate campaign that crafted Wisconsin’s anti-union legislation and similar laws across the country, and it conveys the infectious esprit de corps that pervaded the protests with original pictures and comics.

Подробнее

Today’s political controversy over immigration highlights the plight of the working class in this country as perhaps no other issue has recently done. The political status of immigrants exposes the power dynamics of the “new working class,” which includes the former labor aristocracy, women, and people of color. This new working class suffers exploitation in advanced industrial countries as the social cost of capitalism’s success in a neoliberal and globalized political economy. Paradoxically, as borders become more open, they are also increasingly fortified, subjecting many workers to the suspension of law. In this book, Kathleen Arnold analyzes the role of the state’s “prerogative power” in creating and sustaining this condition of severe inequality for the most marginalized sectors of our population in the United States. Drawing on a wide range of theoretical literature from Locke to Marx and Agamben (whose notion of “bare life” features prominently in her construal of this as a “biopolitical” era), she focuses attention especially on the values of asceticism derived from the Protestant work ethic to explain how they function as ideological justification for the exercise of prerogative power by the state. As a counter to this repressive set of values, she develops the notion of “authentic love” borrowed from Simone de Beauvoir as a possible approach for dealing with the complex issues of exploitation in liberal democracy today.

Подробнее