‘Robotham offers here a clear-headed exposé of the limits of classical liberalism in the face of world production today. His theme is both urgent and iconoclastic. There is an unusual clarity about the exposition and a drive that comes from passionate engagement combined with long experience, reading and reflection’ — Keith Hart, Goldsmiths College, London. In Culture, Society and Economy, Don Robotham examines the failure of recent social theory to grasp the problems of globalization and the emergence of corporate monopoly capital, and sets out his own argument for a radical solution. He argues that the neglect of economics by both cultural studies and social theory has weakened the ability to develop viable alternatives to present day capitalist globalization. With deep awareness of, and reference to, current events and contemporary trends, the author presents a detailed critique of: ȁ cultural studies, in particular Stuart Hall and Paul Gilroy; Giddens' theory of ‘risk society’; Scott Lash and John Urry's ‘economies of signs and space’; Manuel Castells' theory of ‘network society’. The final chapters make a unique argument that the solution to the problems of globalization lies in more globalization rather than adopting an anti-globalization or ‘localization’ position. Don Robotham proposes more effective centralized institutions for governing the world economy, in other words — world government.
Chapter Five: Capitalism Organized and Disorganized
Capitalism Organized and Disorganized
Third Way or Global Civil Society theory is an attempt to formulate theoretical and political positions which address the tensions arising from the impact of globalization on contemporary society without addressing the roots of these tensions. Theories of ‘disorganized capitalism’, of ‘economies of signs and space’ and of ‘network society’ are closely connected to risk society theory but go further. These theories have the advantage that at least implicitly they accept the reality of the emergence of monopoly and finance capitalism since the beginning of the twentieth century as the dominant national and global political and economic reality. Although these theories do not discuss monopoly capitalism at length, nevertheless the very concept of a capitalism which is now ...