Front cover -- critique influence change -- About the author -- Title -- Copyright -- Contents -- Acronyms -- Foreword -- Notes -- Preface to the critique influence change edition -- Generalized Monopoly Capitalism -- The Triumph of Abstract Capital -- The Financialization and Globalization of Capitalism -- Financial Oligarchy and Generalized Proletarianization -- Plutocracy: The New Ruling Class of Senile Capitalism -- Crony Capitalism Goes Global -- The New Business Class in the Peripheries -- A Generalized but Segmented Proletariat -- A Shift in the Centre of Gravity of Global Capitalism? -- A Conflict with Great Potential for Progress -- Emerging Economies and Affirmation of Sovereignty -- Political Projects, Social Bases and Legitimacy -- The Implosion of Contemporary Capitalism -- Note -- Introduction -- 1 The Future of Global Polarization -- Unequal Development and the Historical Forms of Capitalism -- The Present World System and the Five Monopolies of the Centre -- An Alternative Humanist Project of Globalization -- Obstacles to the Realization of this Project -- Possible Future Scenarios and their Inadequacy -- Renewing a Perspective of Global Socialism -- 2 The Capitalist Economic Management of the Crisis of Contemporary Society -- The 'Laws of History': Capitalism Expansion Not Synonymous with Development -- The Institutional Structure: The Bretton Woods Institutions -- The IMF -- The World Bank -- GATT-WTO -- Globalization: The Necessity of International Economic Management -- Reforming Bretton Woods -- References -- 3 Reforming International Monetary Management of the Crisis -- Background -- Flexible Exchange Rates are No Solution -- Reform Proposals Emanating from the Mainstream -- An Alternative Vision: Polycentric Regionalization -- 4 The Rise of Ethnicity: A Political Response to Economic Globalization.

The Postwar Cycle (1945-90) and the New Globalization -- The Disintegration of the State and the New Ethnic Ideologies in the Third World -- Globalization and the Crisis of the Nationhood -- The Current Management of the Crisis and its Alternatives -- Further Thoughts on Universalism versus Particularism and the Socialist Response to Nationalism -- References -- 5 What are the Conditions for Relaunching Development in the South? -- Development off the Agenda -- Contemporary Society is in Crisis, but there is Not Yet a Crisis of Capitalism -- Solutions: Liberalism without Borders? -- Nationalism -- The Dangers of Anti-Democratic Regression: The Ethnic Assault, Religious Fundamentalism and Neo-Fascism -- Reflections on a Counter-Project: Some Basic Propositions -- Notes -- References -- 6 The Challenges Posed by Globalization: The European Case -- The Lack of Political Complimentarity in the Postwar European Economic Community Project -- The EC's Achievements: A Balance-Sheet -- The Future of European Integration in the Age of Globalization -- A Different Future: A Radical Vision for Europe -- References -- 7 Ideology and Social Thought: The Intelligentsia and the Development Crisis -- Social Theory and the Critique of Capitalism: Marxism, Postmodernism and the Social Movements -- The Intelligentsia vis-à-vis Mental Operatives -- Development: Contrasting Critiques -- The Analyses and Strategies put forward by the Third World Intelligentsia -- A New Agenda: Analysing the Diversity of the Third World and Reconstructing the Social Power of the Popular Classes -- References -- Index -- Back cover.