The Failure of Global Capitalism: From Cape Breton to Colombia and Beyond
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. 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. The Failure of Global Capitalism uses 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, it exposes the failure of industrial capitalism, and looks toward more sustainable and egalitarian alternatives.
4 pages matching ECBC in this book
Results 1-3 of 4
What people are saying - Write a review
We haven't found any reviews in the usual places.
The Rise and Fall of Industrial Capitalism in Cape Breton
Colombia in the Era of Neoliberal Globalization
8 other sections not shown
20th century achieve alternatives American Antigonish Movement Atlantic Canada benefits Bolivarian revolution call centre Canadian Cape Breton Cape Breton University capitalist elites cent Cerrejon Chavez coal mines country's crisis decades despite dismantling displaced earned ECBC economic growth energy ensure environmental established exploitation export ExxonMobil fact federal Fordist compact free trade funding Garry Leech Gaviotas global capitalism global capitalist system global South government's Guajira Harper human rights Ibid income increased industrial inequality Interview with author Keynesian policy framework labour leaders levels living McLachlan ment military million miners multinational corporations nations natural resources neolib neoliberal neoliberal globalization North Nova Scotia Nova Scotia Power operations paramilitaries Plan Colombia political population poverty president production profits provincial government reality regions represented result service sector shift steel plant steelworkers sustainable Sydney Tabaco Terry Gibbs tion union United Venezuela wages Wal-Mart workers