The Poverty of Capitalism

Capitalist growth is widely heralded as the only answer to the crisis still sweeping the global economy. Yet the era of corporate globalization has been defined by unprecedented levels of inequality and environmental degradation. A return to capitalist growth threatens to exacerbate these problems, not solve them. In The Poverty of Capitalism, John Hilary reveals the true face of transnational capital in its insatiable drive for expansion and accumulation. He exposes the myth of "corporate social responsibility" (CSR), and highlights key areas of conflict over natural resources, labor rights and food sovereignty. Hilary also describes the growing popular resistance to corporate power, as well as the new social movements seeking to develop alternatives to capitalism itself. This book will be essential reading for all those concerned with global justice, human rights and equity in the new world order.