The World in 2018, Part Two

‘The World in 2018’ is a world full of concerns about the future, yet a world that seems to be getting slightly more optimistic about its economic prospects. Ten years after the onset of the financial crisis, there are hopes that the global economy may have turned the corner and could finally be starting to pick up after years of slow growth. Are we seeing light at the end of the tunnel – or rather getting deeper into the fog?

Global Capitalism: Reflections on a Brave New World

We are in the throes of a transition to a qualitatively new stage of world capitalism. Its essence is the emergence of truly transnational capital, a transnational capitalist class (TCC) made up of the owners and managers of transnational corporations, and transnational state apparatuses through which the TCC attempts to exercise global political authority.