Policy Press

Global Neoliberal Capitalism and the Alternatives

From Social Democracy to State Capitalisms

By David Lane

Published

Apr 9, 2024

Page count

334 pages

ISBN

978-1529220919

Dimensions

234 x 156 mm

Imprint

Bristol University Press

Published

May 31, 2023

Page count

334 pages

ISBN

978-1529220902

Dimensions

234 x 156 mm

Imprint

Bristol University Press

Published

May 31, 2023

Page count

334 pages

ISBN

978-1529220926

Dimensions

234 x 156 mm

Imprint

Bristol University Press

Published

May 31, 2023

Page count

334 pages

ISBN

978-1529220926

Dimensions

234 x 156 mm

Imprint

Bristol University Press
Global Neoliberal Capitalism and the Alternatives

Chapters 3, 'Neoliberalism: A Critique', and 16, 'Regulated Market Socialism', are available to read Open Access on Bristol University Press Digital.

The twentieth century was an era of socialist revolutionary transformations and significant social-democratic reforms. By the twenty-first century, these socialist inspired movements have largely disappeared, their ideologies have been disavowed, and their institutions dismantled and replaced by global neoliberal capitalism.

This book explores the social, political and economic forces driving these movements in Western Europe and in the USSR, explaining their initial triumphs and how they eventually faltered under the influence of global neoliberalism. David Lane examines the nature and appeal of neoliberal capitalism and analyses current social and political proposals for its reform or replacement, including statist forms of capitalism; social-democratic and ecological globalization reforms; self-sustaining autonomous communities; and globalised forms of social-democracy or socialism.

Outlining his own proposal to replace global neoliberal capitalism with political systems based on a combination of market socialism and state planning, Lane provides important insights for ways forward, and a challenge for parties seeking political and economic alternatives.

"Though the marketplace of ideas about the future of capitalism and globalisation is extremely crowded, there are very few books that rival David Lane’s in its geographical scope, scholarly coverage and bold theorising." Leslie Sklair, London School of Economics

"This book provides a highly impressive overview of the historical development of global neoliberal capitalism, alongside the range of alternatives that have developed throughout this time. To bring these histories and alternatives together in a single volume is exceptional in its scope." David J. Bailey, University of Birmingham

"David Lane in Cambridge believes that it is promising for industrialized countries in the West to combine certain components, respectively, of socialism and capitalism together, in order to create a more hopeful alternative to neoliberal capitalism, that is, regulated market socialism." International Sociological Association

David Lane is Emeritus Professor of Sociology at Cambridge University.

1. Introduction

2. Global Neoliberalism and What It Means

3. Neoliberalism: A Critique

PART I Socialist Contenders and Their Demise

4. Socialist Visions

5. The State Socialist Challenge and Its Market Socialist Critics

6. The Decay of Social Democracy

7. The Conversion of Social Democracy to the ‘Third Way’

8. State Socialism Moves to a Market Economy

PART II Capitalist Globalisation and Its Adversaries

9. From Industrial to Global Capitalism

10. The Changing Global Class Structure and the Challenge of the Semi-Core

11. The Self-Destructing Propensities of Global Capitalism

12. The ‘Anti-Capitalist’ Critique

13. Ecological ‘Catastrophe’

14. Social Democratic and Socialist Perspectives

15. The Challenge of State Capitalisms

16. Regulated Market Socialism