System in Crisis

Mounting hostility to the hegemony of the United States. Stock markets around the world falling to unanticipated lows. Environmental destruction continuing unchecked. Sluggish economic growth. Unprecedented income inequality. Ever larger numbers of desperately poor people. Something is fundamentally wrong. Globalization is a system in crisis. This book explores this crisis as the United States tries to impose itself on the world under the guise of its war on terrorism. It examines its economic, ecological and political manifestations, and shows how resistance to capitalist globalization is being organized among very diverse social sectors – rural peasants, indigenous peoples, the unemployed, and even amongst urban, middle class elements in the wealthy countries of the North. They assess the prospects for unifying the diverse forces of opposition to neoliberalism, capitalism and imperialism, and for an alternative form of development.