Description
Epochal Crisis: The Exhaustion of Global Capitalism presents a comprehensive analysis of contemporary capitalism’s fundamental contradictions and structural limitations. William I. Robinson argues that the global capitalist system is experiencing a profound crisis that extends beyond cyclical downturns to reveal deep systemic exhaustion.
Drawing on Marxist political economy and transnational capitalism theory, Robinson examines how financialization, inequality, and ecological destruction have become inherent features rather than aberrations of the current system. The book explores the rise of transnational capital and how it has reorganized global production while simultaneously generating unprecedented crises.
Robinson discusses the political implications of this epochal crisis, including the breakdown of traditional institutions, the rise of authoritarianism, and the potential for transformative social change. The work offers critical insights into understanding contemporary global instability and the necessity for systemic alternatives to capitalism.
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