Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157972
Authors: 
Nitzan, Jonathan
Bichler, Shimshon
Year of Publication: 
2002
Abstract: 
Over the past century, Israel has been transformed from an agricultural colony, to a welfare-warfare state, to a globally integrated “market economy” characterised by great income disparities. What lies behind this transformation? Why the shift in emphasis from “war profits” to “peace dividends” – and back to conflict? How did egalitarianism give rise to inequality? Who are the big winners here, and how have they shaped their world? Never before have these questions been answered as they are in this highly original book. In order to understand capitalist development, argue Bichler and Nitzan, we need to break the artificial separation between “economics” and “politics”, and think of accumulation itself as “capitalisation of power”. Applying this concept to Israel, and drawing on seemingly unrelated phenomena, the authors reveal the big picture that never makes it to the news. Diverse processes – such as global accumulation cycles, regional conflicts and energy crises, ruling class formation and dominant ideology, militarism and dependency, inflation and recession, the politics of high-technology and the transnationalisation of ownership – are all woven into a single story. The result is a fascinating account of one of the world”s most volatile regions, and a new way of understanding the global political economy.
Subjects: 
arms
accumulation
acquisitions
capital
capitalism
centralization
competition
conflict
conglomeration
corporation
credit
crisis
debt
demographics
development
distribution
dual economy
elite
energy
finance
globalization
growth
imperialism
distribution
inflation
institutionalism
IPE
Israel
labour
liberalization
M&A
merger
methodology
Middle East
military
national interest
security
oil
OPEC
ownership
Palestine
peace
politics
power
privatization
profit
ruling class
sabotage
stagflation
state
stock market
technology
TNC
United States
US
violence
war
Zionism
URL of the first edition: 
ISBN: 
0-7453-1676-X
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/4.0/
Document Type: 
Book

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