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The Myth of Economic Development CELSO FURTADO AND MARIO TOSI FURTADO Translated by Jordan B. Jones This classic work remains one of the most incisive contributions to dependency theory in the Latin American context. While agreeing with other dependency theorists that underdevelopment on the Latin America periphery was structurally connected to the accumulation of capital in the advanced economies at the core of the global capitalist system, Furtado went further and argued that the very idea of development in the periphery is a myth, deceiving countries into focusing on narrow economic factors such as the rate of investment and the volume of exports to the detriment of their human well-being. Adhering to the ideas of development and progress is not only misleading: it is also a form of cultural domination that stifles creativity and blocks the imagination of alternative life forms that would be better aligned to the conditions of life in Latin America and elsewhere. This prescient analysis of economic development and underdevelopment in Latin America retains its relevance today and will be of interest to anyone concerned with issues of political economy and culture in the Global South. SERIES: CRITIC112 pages | September 2020 HB | 978-1-5095-4013-6 | £50.00 | $64.95 | €61.90 PB | 978-1-5095-4014-3 | £14.99 | $19.95 | €18.90 ebook available

The Globalization Backlash COLIN CROUCH University of Warwick Globalization, heralded for decades as a harbinger of prosperity, faces a backlash. Derided by right-wing nationalists as a “globalist” plot to undermine traditional communities, and by left-wing critics as the rule of rampaging corporations, it’s become a political punching bag around the world. In this incisive book, Colin Crouch defends globalization against its critics, arguing that reversing the process would mean a poorer world riven by nationalistic antagonisms. However, saving globalization necessitates reforms to promote social solidarity and recover pride for the areas that have lost out. Crouch shows that we can therefore only save globalization from itself if we transcend the nation state and subject global economic flows to democratic transnational governance. Crouch provides a much-needed riposte to the delusions that risk plunging the world back into a zero-sum game of regressive economic nationalism, combining cool-headed analysis with a visionary call for a genuinely progressive globalization.

216 x 138mm | 128 pages | 2018 HB | 978-1-5095-3376-3 | £45.00 | $59.95 | €55.90 PB | 978-1-5095-3377-0 | £12.99 | $14.95 | €15.90 ebook available

Is Globalization Over? JEREMY GREEN University of Cambridge Looming trade wars and rising nationalism have stirred troubling memories of the 1930s. Will history repeat itself? Do we face the breakdown of the global economic system in face of stagnation, protectionism and political tumult? Jeremy Green argues that, although we face grave problems, globalization is not about to end. Setting today’s challenges within historical context, he demonstrates that the global economy is more interconnected than ever before and the costs of undoing it high enough to make a complete breakdown unlikely. But the governing liberal ideology of globalisation is changing. It is mutating into a hard-edged nationalism that defends free markets while reasserting sovereignty and strengthening borders. This “national liberalism” threatens a more dangerous disintegration, fuelled by inequality and ecological crisis, unless we radically rethink the international status quo.

216 x 138mm | 208 pages | 2019 HB | 978-1-5095-3544-6 | £50.00 | $64.95 | €61.90 PB | 978-1-5095-3545-3 | £15.99 | $22.95 | €19.90 ebook available

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