Obsolescent Capitalism

Capitalism is going senile. Its ambition is now restricted to maintaining the wealth of the wealthy in the world, while the poor are demonised as the enemy. In this volume, Samir Amin presents a synoptic view of capitalism’s future. He depicts a world in which NATO has taken over the role of the United Nations, in which US hegemony is more or less complete, in which millions are condemned to die in order to preserve the social order of the US, Europe and Japan. His analyses of the Gulf War, the wars in former Yugoslavia and the war in Central Asia reveal the scope of US strategic aims. He explains why Macdonald’s hamburgers needs McDonnell-Douglas’s F-16s, arguing that the political and military dimension of US dominance is as significant as US economic preponderance in determining the future of capitalist development.