scholarly journals Prelude to America’s Downfall: The Stagflation of the 1970s

2021 ◽  
Vol 21 (2) ◽  
pp. 243-251
Author(s):  
Vassilis K. Fouskas
Keyword(s):  
United States ◽  
United States Of America ◽  
Free Market ◽  
The United States ◽  
Capitalist System ◽  
Industrial Base ◽  
Global Power ◽  
Uneven And Combined Development ◽  
Free Market Capitalism ◽  
Market Capitalism

Since the end of the Bretton Woods system and the stagflation of the 1970s, the transatlantic core, under the leadership of the United States of America, has been trying to expand its model of free market capitalism embracing every part of the globe, while addressing its domestic overaccumulation crisis. This article follows a historical methodological perspective and draws from the concept of Uneven and Combined Development (UCD), which helps us consider the structural reasons behind the long and protracted decline of the American economic power. In this respect, according to the UCD concept, there is no global power that can enjoy the privilege for being at the top of the global capitalist system forever in a world which develops unevenly and in a combined way. Power shifts across the world and new powers come to challenge the current hegemonic power and its alliance systems. The novelty of the article is that it locates this decline in the 1970s and considers it as being consubstantial with the state economic policy of neo-liberalism and financialisation (supply-side economics). However the financialised capitalism of the transatlantic assemblage lack industrial base producing, reproducing and recycling real commodity values. Further, the article shows that this attempt to remain at the top of the global capitalist system forever has not been successful, not least because the regime which the recovery of the core had rested upon, that of neo-liberal financialisation represents a major vulnerability of the transatlantic assemblage eroding the primacy of the United States of America in it.

“It Ain’t Just Black Kids and White Kids”: The Representation and Reproduction of Authentic “Skurban” Masculinities

2013 ◽  
Vol 30 (2) ◽  
pp. 153-172 ◽  
Author(s):  
Matthew Atencio ◽  
Becky Beal ◽  
Emily Chivers Yochim
Keyword(s):  
Urban Areas ◽  
Free Market ◽  
The United States ◽  
Racially Diverse ◽  
Mainstream Media ◽  
Racial Formations ◽  
Brand Marketing ◽  
Recent Emergence ◽  
Free Market Capitalism ◽  
Market Capitalism

The recent emergence of “skurban” (the fusion of skateboarding and urban) reflects the racially diverse history and culture of skateboarding within urban areas in the United States. Skurban follows on from skateboarding’s integral link with the urban since the 1980s. We aver that urban skateboarding is now underpinned by proliferating racial formations that reproduce a version of masculine authenticity that is highly marketable. Through our interrogation of two mainstream media skate videos featuring Stevie Williams and Paul Rodriguez, we propose that skurban reflects the ascendancy of highly valued urban racial masculinities. These masculinities enhance youth and action sport brand marketing strategies. Simultaneously, these diverse racial masculinities gain currency in alignment with discourses of individual entrepreneurialism, “free market” capitalism, and multicultural notions of diversity.

scholarly journals The Return of the State?

2011 ◽  
Vol 19 (1) ◽  
pp. 69-91 ◽  
Author(s):  
Jacobus Delwaide
Keyword(s):  
United States ◽  
Financial Integration ◽  
Free Market ◽  
The United States ◽  
The State ◽  
Government Response ◽  
Role Of The State ◽  
Cast Doubt ◽  
Free Market Capitalism

Massive government-financed rescue operations for banking and insurance industries in the United States and in Europe, seeking to contain the financial crisis that culminated in 2008, amounted to ‘the biggest, broadest and fastest government response in history.’1This ‘great stabilisation,’ asThe Economistcalled it, resulting in ‘quasi’ or ‘shadow nationalization,’2cast doubt on the notion, fashionable at the height of the neoliberal wave, that the state was essentially on its way out, as many of its tasks and responsibilities were oozing steadily and irreversibly toward the market. The state and, by the same token, the political seemed back – with a vengeance, triggering solemn announcements of ‘the return of the state’ and ‘the end of the ideology of public powerlessness.’3Observers concurred. ‘Free-market capitalism, globalization, and deregulation’ had been ‘rising across the globe for 30 years,’ yet that era now had ended: ‘Global economic and financial integration are reversing. The role of the state, together with financial and trade protectionism, is ascending.’4Triggering a perceived ‘paradigm shift towards a more European, a more social state,’ even in the United States and in China, the crisis was seen to herald a move ‘back towards a mixed economy.’5The question, meanwhile, remained: had the state indeed withdrawn as much during the neoliberal era as is often assumed?

Current State of Chinese and USA Healthcare and Corona Care (COVID-19) in Africa

2021 ◽  
pp. 78-94
Keyword(s):  
United States ◽  
International Development ◽  
Soft Power ◽  
Free Market ◽  
The United States ◽  
Power Dynamics ◽  
Partisan Politics ◽  
African Countries ◽  
Free Market Capitalism ◽  
The Usa

As Chinese and African countries grow in trade and economic development so has the soft power dynamics. Healthcare has been an area where the Chinese have dominated the area for the last decade. The USA has been in a decline and has been absent in providing the leadership in healthcare soft power dynamics. The partisan politics in the USA has consumed the United States Agency for International Development bringing an era of Chinese experimentation with a free market (capitalism) and toying with international development superpower status. Yet, there are still areas of improvement for healthcare in Africa between United States America (USA) and China (PRC). Africans have become used to engaging with the Chinese in the hope of meeting their developmental healthcare goals. But the acceptance of the Chinese healthcare and medicine in Africa is a game changer in the healthcare diplomacy arena.

Gimcracks, Dollar Blouses, and Transistors: American Reactions to Imported Japanese Products, 1945-1964

2010 ◽  
Vol 79 (2) ◽  
pp. 202-230 ◽  
Author(s):  
Meghan Warner Mettler
Keyword(s):  
National Security ◽  
Free Market ◽  
The United States ◽  
Japanese Economy ◽  
National Security Council ◽  
American Press ◽  
Free Market Capitalism ◽  
The 1960S ◽  
Market Capitalism ◽  
Made In

This article examines the changing extent of the Cold War's influence on popular American perceptions of goods made in Japan. Although the National Security Council recommended in 1948 that the United States rebuild Japan's devastated economy to strengthen an anti-communist ally in East Asia (and America's position there), U.S. merchants, consumers, manufacturers, and journalists did not consistently go along with this official economic policy. The American press initially depicted the Japanese economy as needing assistance and producing only cheap, inconsequential products, but as Japan's economy began to recover in the mid-1950s and Japanese manufacturers produced better quality goods, concerns over competition revived racialized wartime rhetoric. Japan's emergence as a successful exporter of high-end merchandise by the 1960s seemed to prove the strength of American-style free market capitalism.

The Western Ideology

2009 ◽  
Vol 44 (1) ◽  
pp. 1-19 ◽  
Author(s):  
Andrew Gamble
Keyword(s):  
Free Market ◽  
The United States ◽  
Global Order ◽  
Military Interventions ◽  
The West ◽  
American Values ◽  
Free Market Capitalism ◽  
Universal Values ◽  
Anglo American ◽  
Market Capitalism

AbstractAfter the fall of communism the ascendancy of neoliberalism seemed assured. Democratic government and free market capitalism had been universalized and any serious alternatives to them had disappeared. Rather than the end of ideology, neoliberalism is the latest version of the western ideology, proclaiming universal values and modernity, in the form of the liberal global order and globalization. Critics argue that neoliberalism is chiefly associated with the United States and Britain, and is best understood as a form of hegemony, concerned with the projection of Anglo-American values, policies and institutions around the world, including a particular model of capitalism and military interventions, and a particular conception of the West.

The Birth of Free-Market Environmentalism

2015 ◽  
Vol 46 (3) ◽  
pp. 421-433 ◽  
Author(s):  
Simon Nicholson
Keyword(s):  
United States ◽  
Environmental Protection ◽  
Free Market ◽  
The United States ◽  
Form Of Government ◽  
The World ◽  
Market Environmentalism ◽  
Market Capitalism ◽  
Radical Shift ◽  
Paul Ehrlich

Around the world, particularly in the United States, debates about environmental protection have become ever-more fractious and polarized, following a radical shift in the collective understanding of environmental challenges and the appropriate responses to them. Whereas in the 1970s and the 1980s, environmental protection took the form of government-led action and intergovernmental treaty making, today it comes primarily under the heading of market capitalism and technological optimism. Sabin’s The Bet traces the growing politicization of, and free-market triumphalism around, environmental matters since the late 1960s in the context of the highly public wager between Paul Ehrlich and Julian Simon that has become the stuff of legend in environmental circles.

scholarly journals The Return of the State?

2017 ◽  
Author(s):  
Jacobus Delwaide
Keyword(s):  
United States ◽  
Financial Integration ◽  
Free Market ◽  
The United States ◽  
The State ◽  
Government Response ◽  
Role Of The State ◽  
Cast Doubt ◽  
Free Market Capitalism

Massive government-financed rescue operations for banking and insurance industries in the United States and in Europe, seeking to contain the financial crisis that culminated in 2008, amounted to ‘the biggest, broadest and fastest government response in history.’ This ‘great stabilisation,’ as The Economist called it, resulting in ‘quasi’ or ‘shadow nationalization,’ cast doubt on the notion, fashionable at the height of the neoliberal wave, that the state was essentially on its way out, as many of its tasks and responsibilities were oozing steadily and irreversibly toward the market. The state and, by the same token, the political seemed back – with a vengeance, triggering solemn announcements of ‘the return of the state’ and ‘the end of the ideology of public powerlessness.’ Observers concurred. ‘Free-market capitalism, globalization, and deregulation’ had been ‘rising across the globe for 30 years,’ yet that era now had ended: ‘Global economic and financial integration are reversing. The role of the state, together with financial and trade protectionism, is ascending.’ Triggering a perceived ‘paradigm shift towards a more European, a more social state,’ even in the United States and in China, the crisis was seen to herald a move ‘back towards a mixed economy.’ The question, meanwhile, remained: had the state indeed withdrawn as much during the neoliberal era as is often assumed?

scholarly journals EXPERIENCE OF GOVERNMENT CONTROL OF PROVIDING OF INFORMATIVE SAFETY OF THE FOREIGN STATES (ON EXAMPLE OF THE UNITED STATES OF AMERICA, CANADA, GERMANY, FRANCE)

2020 ◽  
Keyword(s):  
United States ◽  
European Union ◽  
Legal System ◽  
United States Of America ◽  
Free Market ◽  
The United States ◽  
Reference Points ◽  
National Minority ◽  
Government Control ◽  
Fundamental Freedom

Introduction. The Article is sanctified to illumination of experience of government control of providing of informative safety in the developed foreign states. On the example of the United States of America, Canada, Germany, France the aspects of reformation of legislative soil of providing of informative safety are analysed in a modern period, the competense of basic subjects of state administration, that provide informative safety, is certain, attention is accented on the observance of informative rights for citizens in the process of administration of processes of providing of informative safety. Summary of the main research results. It is distinguished, that experience of government control in the field of providing of informative safety of Germany and France is model at the aspects of expediency of implementing provision of Agreement about an association between Ukraine and European Union in 2014 So, by a document certainly, that the mode of partnership of Ukraine and European Union envisages development and transformation of the national legal system in ambitious and innovative method on the basis of principles of supremacy of right, kind goverment, to undiscrimination of persons that belongs to minority, respect human rights and fundamental freedom, right for a national minority, variety, value human dignity, devotion principle free market economy and others like that. Accordingly, the valuable observance of the marked principles envisages realization of sound work in relation to adaptation of the national system of administration of providing of informative safety of Ukraine in accordance with the best practices of the USA and states of European Union. Conclusions. It is marked that a selection and description of major aspects of adjusting of providing of informative safety in the foreign states allow to decide some important tasks of research and practice character. In particular, before home specialists possibility of creation and expansion of practical possibilities of decision of tasks home specialists is opened in relation to the rich in content filling of position papers on questions informative safety, accumulation of empiric base, that can be used in the process of development and acceptance of new normative acts in the field of providing of informative safety, input of new for the legal system of Ukraine institutes of providing of informative safety; improvement of existent legislative base for functioning of elements to the sector of safety and defensive in the field of providing of informative safety. Success of realization of the marked reference-points largely depends on the level of qualification of the Ukrainian specialists, and also from technical, organizational, administrative providing of activity of subjects, what authorized agents to provide informative safety of Ukraine.

Geopolitics and the Cold War

2013 ◽  
Author(s):  
Geoffrey Warner
Keyword(s):  
Cold War ◽  
Soviet Union ◽  
Free Market ◽  
The United States ◽  
World War ◽  
World War 2 ◽  
The Soviet Union ◽  
Free Market Capitalism ◽  
The Cold War ◽  
Market Capitalism

This chapter examines the geopolitical aspect of the Cold War. It discusses the origin of the term “geopolitics,” and investigates how and why relations between the United States and the Soviet Union deteriorated so rapidly after the World War 2. The chapter highlights the incompatibilities between the ideologies of the two superpowers, and explains that communism and free-market capitalism are polar opposites. It also argues against the claims about the extent to which the Cold War was based on ideological as opposed to geopolitical factors that persisted throughout the conflict.

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