The failure of global capitalism: from Cape Breton to Colombia and beyond

Front Cover
Cape Breton University Press, 2009 - Political Science - 176 pages
1 Review
What do Cape Breton and Colombia have in common? Coal, for one thing. Coal mining was the backbone of Cape Breton's industrial economy for more than one hundred years, but the last mine was closed in 2001 when the province's utility company took advantage of neoliberal globalization by importing coal-from Colombia. There's more. Colombia and Cape Breton represent the loss of well-paid, unionized industrial jobs as a result of neoliberal globalization-the economic hegemony that allows multinational corporations in the global North-primarily North America and Europe-to exploit the natural resources and cheap labour of the global South-Latin America, Africa and Asia. But the commonalities between Cape Breton and Colombia do not end with coal, there are numerous connections directly related to the capitalist system: militant labour struggles, repression, economic insecurity, population displacement, social inequality and environmental devastation. Activists and scholars Gibbs and Leech use the examples of Cape Breton and Colombia to illustrate the harsh realities suffered by people throughout the global North and the global South under neoliberal globalization, particularly with regard to socio-economic and environmental issues. Ultimately, they expose the failure of industrial capitalism, and look toward more sustainable and egalitarian alternatives.

From inside the book

What people are saying - Write a review

Review: The Failure of Global Capitalism: From Cape Breton to Colombia and Beyond

User Review  - Nick - Goodreads

This is an excellent book. It clearly details the recent history of neo-liberalism and its effect on the world, particularly via the examples of Cape Breton and Columbia. Various parallels between the ... Read full review

Related books

Contents

Foreword
11
The Rise and Fall of Industrial Capitalism in Cape Breton
19
Colombia in the Era of Neoliberal Globalization
47
Copyright

8 other sections not shown

Other editions - View all

Common terms and phrases

About the author (2009)

Terry Gibbs is a professional vibraphonist and bandleader.

Garry Leech is an independent journalist and editor of Colombia Journal. For the past eight years his work has primarily focused on the US war on drugs and Colombia's civil conflict. He is the author of several books including Crude Interventions: The United States, Oil and the New World (Dis)Order(Zed Books, 2006) and Killing Peace: Colombia's Conflict and the Failure of US Intervention (Inota, 2002). He also teaches international politics at Cape Breton University in Nova Scotia, Canada.