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

Book Cover
Average Rating
Published
London ; Verso, 2020.
Status
Central - Adult Nonfiction
327.73 LACHM
1 available

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LocationCall NumberStatus
Central - Adult Nonfiction327.73 LACHMAvailable

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Published
London ; Verso, 2020.
Format
Book
Physical Desc
xiii, 477 pages : illustrations ; 24 cm
Language
English

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, 7th Edition (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, 17th Edition (style guide)

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

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

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

MLA Citation, 9th Edition (style guide)

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

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

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