First-Class Passengers on a Sinking Ship
Regular price
€25.99
14 days return policy
Shipping & Delivery
A01=Richard Lachmann
Age Group_Uncategorized
Age Group_Uncategorized
American history
Author_Richard Lachmann
automatic-update
capitalism
Category1=Non-Fiction
Category=HBAH
Category=HBTK
Category=HBW
Category=HBWS
Category=JHB
Category=NHAH
Category=NHTK
Category=NHWR9
class
Conflict
COP=United Kingdom
Decline
Delivery_Delivery within 10-20 working days
Donald Trump
economics
Elites
eq_bestseller
eq_history
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
foreign relations
geopolitics
global capitalism
globalization
government
Hegemonic powers
Hegemony
Historical sociology
history
history books
industry
international politics
Intra-elite conflict
Language_English
PA=Available
philosophy
political books
political philosophy
political science
political science books
politics
Price_€20 to €50
PS=Active
Rise and fall of great powers
social justice
socialism
society
sociology
sociology books
softlaunch
Trump
US history
US military
US politics
war
war machine
world history
world politics
world war two
Product details
- ISBN 9781788734080
- Weight: 440g
- Dimensions: 140 x 210mm
- Publication Date: 03 Sep 2024
- Publisher: Verso Books
- Publication City/Country: GB
- Product Form: Paperback
- Language: English
Secure
checkout
Fast Shipping
Easy returns
The extent and irreversibility of US decline is becoming ever more obvious as America loses war after war and as one industry after another loses its technological edge. Lachmann explains why the United States will not be able to sustain its global dominance. He contrasts America's relatively brief period of hegemony with the Netherlands' similarly short primacy and Britain's far longer era of leadership.
Decline in all those cases was not inevitable and did not respond to global capitalist cycles. Rather, decline is the product of elites' success in grabbing control of resources and governmental powers. Not only are ordinary people harmed, but also capitalists become increasingly unable to coordinate their interests and adopt policies and make investments necessary to counter economic and geopolitical competitors elsewhere in the world.
Conflicts among elites and challenges by non-elites determine the timing and mould the contours of decline. Lachmann traces the transformation of US politics from an era of elite consensus to present-day paralysis combined with neoliberal plunder, explains the paradox of an American military with an unprecedented technological edge unable to subdue even the weakest enemies, and the consequences of finance's cannibalisation of the US economy.
Decline in all those cases was not inevitable and did not respond to global capitalist cycles. Rather, decline is the product of elites' success in grabbing control of resources and governmental powers. Not only are ordinary people harmed, but also capitalists become increasingly unable to coordinate their interests and adopt policies and make investments necessary to counter economic and geopolitical competitors elsewhere in the world.
Conflicts among elites and challenges by non-elites determine the timing and mould the contours of decline. Lachmann traces the transformation of US politics from an era of elite consensus to present-day paralysis combined with neoliberal plunder, explains the paradox of an American military with an unprecedented technological edge unable to subdue even the weakest enemies, and the consequences of finance's cannibalisation of the US economy.
Richard Lachmann was a Professor at the University of Albany-SUNY and the author of Capitalists in Spite of Themselves: Elite Conflict and Economic Transitions in Early Modern Europe, States and Power and What Is Historical Sociology?
