„Great Disorder under Heaven”: The Crisis of the Global State System

Essay presented at Gaidar Forum 2017, „Russia and the World: Setting Priorities”, RANEPA Academy, Moscow, January 12-14, 2017, Panel discussion „Global Transformation in the Mirror of Historical Sociology“.

Other contributions by Georgi Derluguian, Monica Prasad, Mishaal Al Gergawi and Ho-Fung Hung.

Discussion topic: The majority of the future forecasts of the 20th century was based on the growth prospects, whether of the economy, science and engineering, or population, or recovery of specific countries and regions. The first decades of the new 21st century brought considerable disillusion verging on disappointment in the modernistic pattern of steady progress. From everywhere, one can hear some doubts not only in the usefulness, but already in the inconvertibility of globalization. What is journalistic noise and what is really captured by the methods of modern science? This session offers a kind of stress test for the world powers. Leading academic experts analyze the prospects of traditional centers of capitalism and newly emerging market regions.

Links:
Video (English)
Video (Russian)
Conference Program [PDF]

Interview: Capitalism Breeds Reckless Consumption and Starves the Public Sphere

Truth-Out.org, December 11, 2016

You cite the end of WWII as the time that capitalism and democracy became intractably enmeshed. How did it come to be that Western democracies came to assert that freedom could not exist without capitalism?

The way I would put it is that they became temporarily reconciled through Keynes‘ discovery that economic growth can be stimulated by redistribution from the wealthy to the poor. But „intractably enmeshed“ they were precisely not, as we have seen in recent decades when they were extricated from one another in the course of the neoliberal revolution. The pattern that emerged was what I call Hayekian statism: a strong state preventing democratic-egalitarian interference with markets, to allow the market to do its work — redistribute according to market rules, i.e., from the bottom to the top. Weiterlesen