Capitalism and Freedom: The Contradictory Character of Globalisation

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Anthem Press, 2007 - Political Science - 345 pages
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Since ancient times the exercise of individual freedoms has been inseparable from the expansion of the market, driven by the search for profit. This force, namely capitalism, has stimulated human creativity and aggression in ways that have produced immense benefits. As capitalism has broadened its scope in the epoch of globalization, these benefits have become even greater. Human beings have been liberated to an even greater degree than hitherto from the tyranny of nature, from the control of others, from poverty and from war. The advances achieved by the globalization of capitalism have appeared all the more striking, when set against the failure of non-capitalist systems of economic organization.
However, capitalist freedom is a two-edged sword. In an epoch of capitalist globalisation, its contradictions have intensified. They comprehensively threaten the natural environment. They have intensified global inequality within both rich and poor countries, and between the internationalised global power elite and the mass of citizens rooted within their respective nation. In this remarkable, expansive text, Peter Nolan explores the impact of the domineering economic phenomenon on our personal and social liberties.
 

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Contents

Conflict or Cooperation
1
Humanity at the Crossroads
2
Aggression Competition Selfishness and Masculinity
3
Cooperation Love Benevolence and Femininity
18
Search for the Mean
38
Capitalisms Contradictory Character
43
11 What is Globalisation?
44
Capitalism 17501914
45
212 The United States
171
Conflict or Cooperation?
179
215 Cooperation?
194
216 Conclusion
205
22 The United States and Islam
207
221 Islam and the West
208
222 Capitalism Development and Islam Islam and Capitalism in the Medieval World
242
223 Conclusion
271

Capitalism 19141970s
46
Capitalism Since the Mid1970s
47
12 Capitalist Rationality in the Epoch of the Global Business Revolution
48
121 Capitalism and Coordination
49
122 Finance and Development
59
123 Competition Industrial Concentration and Technical Progress
65
124 Expanding Human Freedom
76
13 Capitalist Irrationality in the Epoch of the Global Business Revolution
92
133 The Challenge of the Global Business Revolution
104
134 Class Structure in the Epoch of Globalisation Global Inequality
120
135 Finance
131
136 Conclusion
143
Groping for a Way Forward Conflict or Cooperation
145
Introduction
146
211 China
147
Edward Said on Conflict
279
Searching for the Middle Way
281
Introduction
282
The Contradictions of Capitalist Globalisation
283
Globalisation and the Clash of Civilisations
286
Possibilities for Cooperation and Mutual Understanding
288
Nationalism and Globalisation
290
Capitalist Contradictions and Revolution
292
Conclusion
293
Tables
297
Notes
307
Bibliography
331
Index
341
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About the author (2007)

Peter Nolan is Sinyi Professor of Chinese Management at the Judge Institute of Management, Cambridge University, and Fellow of Jesus College, Cambridge University.

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