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Full Description
Recent work on rent and rentierism has offered a distinctive and fresh approach to understanding and explaining contemporary capitalism. Drawing on political economy, economics, geography and sociology, this research has brought together distinct theoretical traditions in original and fertile ways to reshape the study of issues related to class, political-economic change and environmental challenges.
This book critically engages with these theoretical resources to analyse and evaluate economies in the Global North and South. It offers historical, theoretical and empirical accounts of rentierism, making important cross-disciplinary and global connections. Its four parts address global rentier capitalism under the headings of historical lessons, theoretical developments and empirical studies of rentierism in the Global North and South. It will be the first book of its kind to offer a global account of rentier capitalism.
It will be of immense interest to readers in economics, political economy, sociology, geography and development studies.
Contents
Introduction Part I: Historical lessons 1. Rival benchmarks for measuring rent: a history of incoherence and a solution for discussion 2. Henry George, economic solutionalism and the reappearance of economic rent 3. Grounding rent in value: considering the price of fungible rents for rentier capitalism studies Part II: Theoretical developments 4.Rentier regimes and the Régulation Theory: an overview 5. Rentierism and speculation in a finance-led capitalism 6. Big Tech: four emerging forms of digital rentiership 7. Rentierism and the question of capitalist development Part III: Studies of rentierism in the Global North 8. Urban entrepreneurs as global rentiers: real estate clientelism and hegemony in Belgium and Spain 9. Labour, labour law and capitalist rent-seeking: rentier capitalism and labour in historical perspective 10. The labour economics of rents in the Global North 11. US rentierism, hegemony and militarism: corporate harm and state violence Part IV: Studies of rentierism in the Global South 12. Mozambique: turning a poor country into a rentier state 13. Rentier capitalism and global economic imaginaries in Central Asia 14. Rentier income and mass-based financialisation: the limits of redistributive policies during the Pink Tide in Brazil 15. Surplus, rent, and unequal development: raw materials and remittances as the motor of rent societies in the Global South? 16. The rentier economies in Latin America 17. Conclusion