The Conspiracy of Capital


Book Description

Between the 1880s and 1920s, a broad coalition of American dissidents, which included rabble-rousing cartoonists, civil liberties lawyers, socialist detectives, union organizers, and revolutionary martyrs, forged a culture of popular radicalism that directly challenged an emergent corporate capitalism. Monopoly capitalists and their allies in govern-ment responded by expanding conspiracy laws and promoting conspiracy theories in an effort to destroy this anti-capitalist movement. The result was an escalating class conflict in which each side came to view the other as a criminal conspiracy. In this detailed cultural history, Michael Mark Cohen argues that a legal, ideological, and representational politics of conspiracy contributed to the formation of a genuinely revolutionary mass culture in the United States, starting with the 1886 Haymarket bombing. Drawing on a wealth of primary sources, The Conspiracy of Capital offers a new history of American radicalism and the alliance between the modern business corporation and national security state through a comprehensive reassessment of the role of conspiracy laws and conspiracy theories in American social movements.




The Bosses Club


Book Description

The Johnstown Flood is an iconic tragedy in our nation ́s history, like the Chicago Fire, the sinking of the Titanic or the San Francisco earthquake. Many books have been written about the devastating 1889 Johnstown Flood, but few about the period before or after the flood: why did the town develop in such a remote valley and why didn ́t those who livied below the dangerous dam do something about it? My book, "The Bosses Club", answers those questions, but more importantly illuminates often overlooked circumstances that contributed to the origin for the catastrophe, like the Pennsylvania Canal and Pennsylvania Railroad. How their rapid development set the stage and led to the rivaly between Cambria Iron Company and Carnegie to dominate the burgeoning Steel industry.




The Nature of Conspiracy Theories


Book Description

Conspiracy theories seem to be proliferating today. Long relegated to a niche existence, conspiracy theories are now pervasive, and older conspiracy theories have been joined by a constant stream of new ones – that the USA carried out the 9/11 attacks itself, that the Ukrainian crisis was orchestrated by NATO, that we are being secretly controlled by a New World Order that keep us docile via chemtrails and vaccinations. Not to mention the moon landing that never happened. But what are conspiracy theories and why do people believe them? Have they always existed or are they something new, a feature of our modern world? In this book Michael Butter provides a clear and comprehensive introduction to the nature and development of conspiracy theories. Contrary to popular belief, he shows that conspiracy theories are less popular and influential today than they were in the past. Up to the 1950s, the Western world regarded conspiracy theories as a legitimate form of knowledge and it was therefore normal to believe in them. It was only after the Second World War that this knowledge was delegitimized, causing conspiracy theories to be banished from public discourse and relegated to subcultures. The recent renaissance of conspiracy theories is linked to internet which gives them wider exposure and contributes to the fragmentation of the public sphere. Conspiracy theories are still stigmatized today in many sections of mainstream culture but are being accepted once again as legitimate knowledge in others. It is the clash between these domains and their different conceptions of truth that is fuelling the current debate over conspiracy theories.




Capital Rules


Book Description

"The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy. In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s—trading foreign stocks and bonds, borrowing in foreign currencies—had been illegal in many countries only decades, and sometimes just a year or two, earlier. How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, “managed” globalization. This contest over the character of globalization continues today."




We Are the Crisis of Capital


Book Description

We Are the Crisis of Capital collects articles and excerpts written by radical academic, theorist, and activist John Holloway over a period of forty years. This collection asks, “Is there a way out?” How do we break capital, a form of social organisation that dehumanises us and threatens to annihilate us completely? How do we create a world based on the mutual recognition of human dignity? Holloway’s work answers loudly, “By screaming NO!” By thinking from our own anger and creativity. By trying to recover the “we” buried under the categories of capitalist thought. By opening those categories and discovering the antagonism they conceal and by discovering that behind the concepts of money, state, capital, crisis, and so on, there moves our resistance-and-rebellion. An approach sometimes referred to as Open Marxism, it is an attempt to rethink Marxism as daily struggle. The articles move forward, influenced by the German state derivation debates of the 1970s, by the CSE debates in Britain, and the group around the Edinburgh journal Common Sense, and then moving on to Mexico and the wonderful stimulus of the Zapatista uprising, and now the continuing whirl of discussion with colleagues and students in the Posgrado de Sociología of the Benemérita Universidad Autónoma de Puebla.




The Storm Is Upon Us


Book Description

"I hope everyone reads this book. It has become such a crucial thing for all of us to understand." —Erin Burnett, CNN "An ideal tour guide for your journey into the depths of the rabbit hole that is QAnon. It even shows you a glimmer of light at the exit." —Cullen Hoback, director of HBO's Q: Into the Storm Its messaging can seem cryptic, even nonsensical, yet for tens of thousands of people, it explains everything: What is QAnon, where did it come from, and is the Capitol insurgency a sign of where it’s going next? On October 5th, 2017, President Trump made a cryptic remark in the State Dining Room at a gathering of military officials. He said it felt like “the calm before the storm”—then refused to elaborate as puzzled journalists asked him to explain. But on the infamous message boards of 4chan, a mysterious poster going by “Q Clearance Patriot,” who claimed to be in “military intelligence,” began the elaboration on their own. In the days that followed, Q’s wild yarn explaining Trump's remarks began to rival the sinister intricacies of a Tom Clancy novel, while satisfying the deepest desires of MAGA-America. But did any of what Q predicted come to pass? No. Did that stop people from clinging to every word they were reading, expanding its mythology, and promoting it wider and wider? No. Why not? Who were these rapt listeners? How do they reconcile their worldview with the America they see around them? Why do their numbers keep growing? Mike Rothschild, a journalist specializing in conspiracy theories, has been collecting their stories for years, and through interviews with QAnon converts, apostates, and victims, as well as psychologists, sociologists, and academics, he is uniquely equipped to explain the movement and its followers. In The Storm Is Upon Us, he takes readers from the background conspiracies and cults that fed the Q phenomenon, to its embrace by right-wing media and Donald Trump, through the rending of families as loved ones became addicted to Q’s increasingly violent rhetoric, to the storming of the Capitol, and on. And as the phenomenon shows no sign of calming despite Trump’s loss of the presidency—with everyone from Baby Boomers to Millennial moms proving susceptible to its messaging—and politicians starting to openly espouse its ideology, Rothschild makes a compelling case that mocking the seeming madness of QAnon will get us nowhere. Rather, his impassioned reportage makes clear it's time to figure out what QAnon really is — because QAnon and its relentlessly dark theory of everything isn’t done yet.




Social Capital


Book Description

Social capital is a principal concept across the social sciences and has readily entered into mainstream discourse. In short, it is popular. However, this popularity has taken its toll. Social capital suffers from a lack of consensus because of the varied ways it is measured, defined, and deployed by different researchers. It has been put to work in ways that stretch and confuse its conceptual value, blurring the lines between networks, trust, civic engagement, and any type of collaborative action. This clear and concise volume presents the diverse theoretical approaches of scholars from Marx, Coleman, and Bourdieu to Putnam, Fukuyama, and Lin, carefully analyzing their commonalities and differences. Joonmo Son categorizes this wealth of work according to whether its focus is on the necessary preconditions for social capital, its structural basis, or its production. He distinguishes between individual and collective social capital (from shared resources of a personal network to pooled assets of a whole society), and interrogates the practical impact social capital has had in various policy areas (from health to economic development). Social Capital will be of immense value to readers across the social sciences and practitioners in relevant fields seeking to understand this mercurial concept.




Conspiracy Theories


Book Description

9/11 was an inside job. The Holocaust is a myth promoted to serve Jewish interests. The shootings at Sandy Hook Elementary School were a false flag operation. Climate change is a hoax perpetrated by the Chinese government. These are all conspiracy theories. A glance online or at bestseller lists reveals how popular some of them are. Even if there is plenty of evidence to disprove them, people persist in propagating them. Why? Philosopher Quassim Cassam explains how conspiracy theories are different from ordinary theories about conspiracies. He argues that conspiracy theories are forms of propaganda and their function is to promote a political agenda. Although conspiracy theories are sometimes defended on the grounds that they uncover evidence of bad behaviour by political leaders, they do much more harm than good, with some resulting in the deaths of large numbers of people. There can be no clearer indication that something has gone wrong with our intellectual and political culture than the fact that conspiracy theories have become mainstream. When they are dangerous, we cannot afford to ignore them. At the same time, refuting them by rational argument is difficult because conspiracy theorists discount or reject evidence that disproves their theories. As conspiracy theories are so often smokescreens for political ends, we need to come up with political as well as intellectual responses if we are to have any hope of defeating them.




The New Prophets of Capital


Book Description

A deft and caustic takedown of the new prophets of profit, from Bill Gates to Oprah As severe environmental degradation, breathtaking inequality, and increasing alienation push capitalism against its own contradictions, mythmaking has become as central to sustaining our economy as profitmaking. Enter the new prophets of capital: Sheryl Sandberg touting the capitalist work ethic as the antidote to gender inequality; John Mackey promising that free markets will heal the planet; Oprah Winfrey urging us to find solutions to poverty and alienation within ourselves; and Bill and Melinda Gates offering the generosity of the 1 percent as the answer to a persistent, systemic inequality. The new prophets of capital buttress an exploitative system, even as the cracks grow more visible.




Capitalism without Capital


Book Description

Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.