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First Class Passengers on a Sinking Ship : Elite Politics and the Decline of Great Powers by Richard Lachmann (2020, Hardcover)

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About this product

Product Identifiers

Publisher
Verso Books
ISBN-10
1788734076
ISBN-13
9781788734073
eBay Product ID (ePID)
14038392626

Product Key Features

Book Title
First Class Passengers on a Sinking Ship : Elite Politics and the Decline of Great Powers
Number of Pages
496 Pages
Language
English
Publication Year
2020
Topic
Social Classes & Economic Disparity, History & Theory, Commentary & Opinion
Genre
Political Science, Social Science
Author
Richard Lachmann
Format
Hardcover

Dimensions

Item Height
1.5 in
Item Weight
24.4 Oz
Item Length
9.5 in
Item Width
6.3 in

Additional Product Features

Intended Audience
Trade
LCCN
2020-288348
Reviews
"'Hegemonic decline,' to borrow a phrase from one of Trump's ancestors, makes one want to release the safety catch on one's Browning. A petrified debate whose time had come and gone ... or so I believed until I opened Lachmann. This is a highly original synthesis that blends world systems theory and comparative history with an astute analysis of contemporary US politics to draw powerful and uncomfortable conclusions." --Mike Davis "In this historically deep and richly cross-national study of empires and hegemons, Richard Lachmann brings forth new information and a highly original analysis to cast a bright light on the United States and its likely future. Whether social scientists and historians are inclined to agree with him or not, they will have to deal with the fact that his analysis shows that all of them are at least partially wrong about empires and hegemons in one way or another." --G. William Domhoff, Distinguished Professor Emeritus and Research Professor, University of California, Santa Cruz
Dewey Edition
23
Dewey Decimal
327.1
Synopsis
Why great powers decline, from Spain to the United States The extent and irreversibility of US decline is becoming ever more obvious as America loses war after war and as one industry after another loses its technological edge. Lachmann explains why the United States will not be able to sustain its global dominance, and contrasts America's relatively brief period of hegemony with the Netherlands' similarly short primacy and Britain's far longer era of leadership. Decline in all those cases was not inevitable and did not respond to global capitalist cycles. Rather, decline is the product of elites' success in grabbing control over resources and governmental powers. Not only are ordinary people harmed, but also capitalists become increasingly unable to coordinate their interests and adopt policies and make investments necessary to counter economic and geopolitical competitors elsewhere in the world. Conflicts among elites and challenges by non-elites determine the timing and mold the contours of decline. Lachmann traces the transformation of US politics from an era of elite consensus to present-day paralysis combined with neoliberal plunder, explains the paradox of an American military with an unprecedented technological edge unable to subdue even the weakest enemies, and the consequences of finance's cannibalization of the US economy.
LC Classification Number
JZ1310.L34 2020