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Socialism, Capitalism and Alternatives: Area Studies and Global Theories

Duncan, P and Schimpfössl, E (Eds). (2019) Socialism, Capitalism and Alternatives: Area Studies and Global Theories. Fringe. UCL Press Green open access

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Abstract

In 1989 the Berlin Wall came down. Two years later the Soviet Union disintegrated. The collapse of communism in Eastern Europe and the Soviet Union discredited the idea of socialism for generations to come. It was seen as representing the final and irreversible victory of capitalism. This triumphal dominance was barely challenged until the 2008 financial crisis threw the Western world into a state of turmoil. Through analysis of post-socialist Russia and Central and Eastern Europe, as well as of the United Kingdom, China and the United States, Socialism, Capitalism and Alternatives confronts the difficulty we face in articulating alternatives to capitalism, socialism and threatening populist regimes. Beginning with accounts of the impact of capitalism on countries left behind by the planned economies, the volume moves on to consider how China has become a beacon of dynamic economic growth, aggressively expanding its global influence. The final section of the volume poses alternatives to the ideological dominance of neoliberalism in the West. Since the 2008 financial crisis, demands for social change have erupted across the world. Exposing the failure of neoliberalism in the United Kingdom and examining recent social movements in Europe and the United States, the closing chapters identify how elements of past ideas are re-emerging, among them Keynesianism and radical socialism. As those chapters indicate, these ideas might well have potential to mobilise support and challenge the dominance of neoliberalism.

Type: Book
Title: Socialism, Capitalism and Alternatives: Area Studies and Global Theories
ISBN-13: 9781787353824
Open access status: An open access version is available from UCL Discovery
DOI: 10.14324/111.9781787353824
Publisher version: https://doi.org/10.14324/111.9781787353824
Language: English
Additional information: Text © Contributors, 2019 Images © Contributors, 2019 This book is published under a Creative Commons 4.0 International license (CC BY 4.0). This license allows you to share, copy, distribute and transmit the work; to adapt the work and to make commercial use of the work providing attribution is made to the authors (but not in any way that suggests that they endorse you or your use of the work). Attribution should include the following information: Duncan, P.J.S. and Schimpfössl, E. (eds.). 2019. Socialism, Capitalism and Alternatives: Area Studies and Global Theories. London: UCL Press. DOI: https://doi .org /10 .14324 /111 .9781787353824 Further details about Creative Commons licenses are available at http://creativecommons .org /licenses/ Any third-party material in this book is published under the book’s Creative Commons license unless indicated otherwise in the credit line to the material. If you would like to reuse any third-party material not covered by the book’s Creative Commons license, you will need to obtain permission directly from the copyright holder.
Keywords: socialism, neoliberalisn, capitalism
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/10083240
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