This bold new book offers an exhaustive diagnosis of global capitalism. Proposing a novel system of economic and political coordination based on a combination of market socialism and state planning, it offers crucial insights for thinking about alternatives to capitalism.

The paper considers the effects of economic globalization on the relationship between national economic and political elites. It is contended that high levels of globalization lead to the de-coupling of economic elites from national political elites and that economic globalization also...