Firt-class passengers on a sinking ship : elite politics and the decline of great powers
(Book)

Book Cover
Average Rating
Published
London ; New York : Verso, 2020.
Status
Central - Adult Nonfiction
327.73 LACHM

Copies

LocationCall NumberStatus
Central - Adult Nonfiction327.73 LACHMAvailable

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Format
Book
Physical Desc
xiii, 477 pages : illustrations ; 24 cm
Language
English
ISBN
1788734076, 9781788734073

Notes

Bibliography
Includes bibliographical references and index.
Description
The extent and irreversibility of U.S. 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. He 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 of 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 mould 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 cannibalisation of the U.S. economy.

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Citations

APA Citation (style guide)

Lachmann, R. (2020). Firt-class passengers on a sinking ship: elite politics and the decline of great powers . Verso.

Chicago / Turabian - Author Date Citation (style guide)

Lachmann, Richard. 2020. Firt-class Passengers On a Sinking Ship: Elite Politics and the Decline of Great Powers. London ; New York: Verso.

Chicago / Turabian - Humanities Citation (style guide)

Lachmann, Richard. Firt-class Passengers On a Sinking Ship: Elite Politics and the Decline of Great Powers London ; New York: Verso, 2020.

MLA Citation (style guide)

Lachmann, Richard. Firt-class Passengers On a Sinking Ship: Elite Politics and the Decline of Great Powers Verso, 2020.

Note! Citation formats are based on standards as of August 2021. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.

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