Stephen McBride

Multiple crises have led many to conclude that the current economic and political system is broken. The present and future look increasingly precarious – if not outright dystopian Stephen McBride calls for radical solutions to these crises to provide a more rational and sustainable future. He critiques other potential responses which would further curtail democracy and increase the inequalities associated with neoliberal globalism. Demonstrating how mainstream ideas, powerful interests and political institutions face major challenges but block progressive alternatives, he argues that for radical transformation to succeed, institutional changes are necessary.

Austerity is not always one-size-fits-all; it can be a flexible, class-based strategy taking several forms depending on the political-economic forces and institutional characteristics present. This important book identifies continuity and variety in crisis-driven austerity restructuring across Canada, Denmark, Ireland and Spain. In their analysis, the authors focus on several components of austerity, including fiscal and monetary policy, budget narratives, public sector reform, labor market flexibilization, and resistance. In so doing, they uncover how austerity can be categorized into different dynamic types, and expose the economic, social, and political implications of the varieties of austerity.

Global warming is perhaps the greatest challenge facing the twenty-first century. Environmental polices on the one hand, and economic and labour market polices on the other, often exist in separate silos creating a dilemma that Work in a Warming World confronts. The world of work - goods, services, and resources - produces most of the greenhouse gases created by human activity. In engaging essays, contributors demonstrate how the world of work and the labour movement need to become involved in the struggle to slow global warming, and the ways in which environmental and economic policies need to be linked dynamically in order to effect positive change. Addressing the dichotomy of competing public policies in a Canadian context, Work in a Warming World presents ways of creating an effective response to global warming and key building blocks toward a national climate strategy.

"The book is both timely and sorely needed. There is simply nothing like it. A brilliant and surprisingly clear analysis of the theory and practice of Canadian politics in the current conjuncture of capitalist development, the authors provide an exceptionally clear and most useful exposition of the forces at play, arising out of the propensity of capitalism towards crisis." Examining Canadian political and economic developments of the twenty-first century, Private Affluence, Public Austerity provides a systematic analysis of the dynamics of Canadian politics in the era of neoliberal globalization. Stephen McBride and Heather Whiteside conclude that, although the last three decades of neoliberal rule are characterized by recurrent crises, the system has proven to be resilient - even in the face of a severe recession. Canada's "business as usual" approach to the recent financial crisis, an approach that fails to challenge the policies that are fundamental to the system and culpable for the crisis, is striking. Through policies aimed at the dismantling of the welfare state, privatization and the reduction of the state's economic role - as well as an enthusiastic embrace of globalization and liberalized trade and investment regimes - the legacy of the Canadian political system is one of private affluence, public austerity and democratic decline. Private Affluence, Public Austerity asks us to consider the relationship between neoliberalism and crisis, and their role in democratic decline. What is the legacy of neoliberalism? It also asks the difficult questions: What is the future of neoliberalism? And what role will Canada play in charting the course of that future? This book offers an engaging and enlightening exploration of the theories of contemporary capitalism and reminds us that overcoming democratic malaise is a necessary first step on the path to change.

This collection of original articles offers an up-to-date, critical review of the global political economy today, covering such topics as international finance, corporate governance, military power, international labour standards, global health, human rights, and more. Assembling a group of top scholars, the editors are able to provide a wide-ranging yet coherent survey of contemporary international institutions and how they are governed. In the process, they offer a useful basis for understanding the financial crisis of 2008. Relations of Global Power is the only book available that examines the many different dimensions of the international regulatory structure across a range of issues, placing them all within the context of neoliberal globalization. It will be of interest to scholars of political science, sociology, policy studies, public administration, and global studies, and will also appeal to activists and members of alter-globalization movements.

This new edition is reorganized to make it a more usable text and updated to include the Liberal government’s pursuit of neo-liberal policies. William K. Carroll, Sociology, University of Victoria, said of the first edition: “All the aspects of the neo-conservative policy matrix-privatization, deregulation, NAFTA, the obsession with deficits, attacks on collective bargaining, the cutbacks to social programs, the weakening of federal powers-are carefully analyzed as elements of a political project that will have disastrous consequences for most Canadians and for Canada as a nation. This book is truly essential reading for those who care about Canada’s future.”