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Global Capitalism
by (Editor: Will Hutton) (Editor: Anthony Giddens)
Product Group: Book
Publisher: New Press (2001-08)
ISBN: 1565846745
EAN: 9781565846746
Dewy Decimal #: 330
Paperback: 256 pages
SKU: GD08020420
Condition: Used: Good
Comments: Exactly as shown, scattered underlining throughout. Spine uncreased.
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Editorial Reviews
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Product Description
An "illuminating exploration of the fast-changing landscape of capitalism" (Nature). This "glorious and frightening read" (MT Magazine) examines capitalism's place as the universal social and economic order of our time. Now truly global, twenty-first century capitalism—aided by extraordinary advances in technology and communication and by unfettered global financial markets—has a speed, inevitability, and force that it has not had before. In Global Capitalism, leading political and economic analysts have gathered to dissect this dangerous new world. Hailed as a "must read" by Internet Business London, Global Capitalism analyzes the current role of the business firm, considers whether the new capitalism is compatible with social cohesion and social justice, and addresses topics ranging from the degradation of the environment to the concentrated control of the media by transnational corporations. The contributors discuss capitalism as a form of culture and way of life, and ask whether it has any viable political rivals. Contributors:
• Ulrich Beck
• Manuel Castells
• Jeff Faux
• Arlie Russell Hochschild
• Robert Kuttner
• Larry Mishel
• Richard Sennett
• Vandana Shiva
• George Soros
• Polly Toynbee
• Paul A. Volcker
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Customer Reviews
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Just a collection of views on global capitalism
Rating  (3)
Date: 2008-04-23
Hutton and Giddens are the editors of this book. They are not the authors. This book is a collection of 12 essays. Only the first and the last are co-authored by Hutton and Giddens. Most of the essays are academic in nature and are difficult to read. Authors are economists or sociologists with international reputation.
Given the diversity in the expertise of the authors, it is no wonder that the essays, though wearing the hat of global capitalism, are quite unique in their theme and focus on this subject. Each essay takes on a particular social or financial aspect of capitalism's globalization. Nevertheless, the book does convey a message that capitalism has become the dominant world economic system and that indigenous local cultures have been largely Americanized.
Because the essays are so different in nature, it is impossible to write coherent notes about the book. I therefore attempt to write individually on some essays which are of interest to me. This is the first one.
Who's afraid of global culture by Polly Toynbee
Toynbee views the cultural globalization as a tidal wave of the Western culture creeping across the globe. She has a vision of Americanization as a giant strawberry milkshake oozing over the planet, making everything pink along the way. To many, globalization is Americanization.
With globalization, culture everywhere is under attack, creating a culture panic. We have a feeling that there is a culture contamination of Americanism everywhere: denizen in the Sahara wearing Texaco baseball cap, Soda bottles in the Himalayas, washing liquid bottle in the Arctic ice,. One of the travellers reported that during trekking to a remote corner of Cambodia, he was offered the viewing of Basic Instinct video in the evening instead of the rural dance by indigenous girls. When we consider globalization of culture, most of us bring to the subject a jumble of deep-seated alarms, both moral, intellectual, political, spiritual, artistic and nationalistic, all melting into a great pot of globalization panic.
The author then asks a basic question on the ethnocentric disingenuousness (I looked up the dictionary on this two difficult words and I do not like the definition) about our concern for the preservation of traditional cultures and our disgust at the way Western culture invades the arts of other people. Western tourists to remote places are just visiting for a quick look before retreating to their own cities; but we want other people to stay just as they are, while having the modern things for ourselves.
Our selfish thought is: we worry that, by the very fact of visiting it, we will spoil the thing we love. For our own belief in our elemental selves we need there to be an idea of Eskimos, nomads and Red Indians, living as close to their ancient, natural ways as possible. Those who fear globalization seem to want those traditional culture to stay as they are forever, a permanent primitive resource for us, though they may or may not choose to live as they do, depending on what other realistic choices they have. As for the dangers of cultural contamination, actually cultural cross-fertilization is the essence of art, i.e. old things should not be left as they are.
The author accuses us of double standard. Cultural globalization to the developing countries may be an opportunity for them to have a better life-style. We are selective in our feelings about globalization of culture. We may regret the Coca-Cola bottles in alien places, but we will strive with missionary fervour to spread our own values.
I do not know what the environmentalists and the world heritage people would think about this viewpoint. From my view, I think the tourists should not be accused of being hypocritic. Everywhere when there is tourism, there is development. This does not mean we need to destroy the culture in order to do so. Archaeological sites and artifacts are preserved so that we can appreciate history, not to deter modernization.
The author then goes on with her main theme. In going global, we are spreading Western liberal democracy, which she thinks is the only system yet devised that maximizes freedom for the many. She considers that it is not possible to promote these new freedoms while preserving what is best in alien cultures. There are people who fear cultural homogenization. But to spread culture widely, even in ways not always to the taste of connoisseurs, is always a good thing. In the end there is more to be gained than lost in the great global exchange. We think so because we believe Western political and ideological culture will finally permeate the world to the advantage of all. Such culture rests on human rights and from that principle all the rest flows Once all individuals have the right to live as they choose, free from political, religious, patriarchal or social tyrannies, their culture will inevitably change for the better. The West in its many manifestations is a human right crusader. Those who take human rights as the essential first principle of all decent society should be wary of those who think globalising those values is cultural imperialism.
I think these notions of the superiority of Western culture is just that: cultural imperialism. The author brushes aside all other cultures and ideologies by considering them inferior, undemocratic and infringing on human rights. This is a one-way view of globalization of culture. American culture exists only for a very short while in history. Globalization of culture started long long time ago, since homo sapiens migrated from Africa to Asia, then to Europe and America. Many civilizations tried to rule the world by cultural globalization, including the Roman, Persian, Greek, Turk and Chinese, some by war and some by trade. The result is an integration of cultures instead of domination of a single ideology.
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civigod
Rating  (4)
Date: 2000-09-15
1 out of 14 customers found this reveiw helpful
still in a runaway world. looking for "the what-next-way" ? capital is still the driver of jagarnata/juggernaut
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