By Michael Löwy

Capitalism is killing the planet, and the protection of a normal atmosphere favorable to human lifestyles calls for an intensive replacement. during this new selection of essays, very long time innovative and environmental activist Michael Löwy bargains a imaginative and prescient of ecosocialist transformation. This imaginative and prescient combines an realizing of the harmful common sense of the capitalist process with an appreciation for ongoing struggles, really in Latin the USA.

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Organized labour and left wing parties also regularly contested the neoliberalization of EC competition regulation, pushing the Commission to take employment levels into account when judging upon the effects of a merger on competition, however, without success. The Commission’s decision to approve the merger between ABB and Alstom in 2000 is illustrative in this regard. When a fifth of the workforce in the newly created entity faced redundancy, 2000 French, German, Belgian and Italian workers marched ‘for a social Europe and against the Commission because they felt that they had no voice in its competition policy’ (Erne 2008: 128, 154).

In other words, restrained real wages and increased consumer debt have facilitated a distributive shift and a dominance of money over production that are now proving impossible to rationalize. 1057/9781137002471 - Neoliberalism in Crisis, Edited by Henk Overbeek and Bastiaan van Apeldoorn 18 Bastiaan van Apeldoorn and Henk Overbeek The second part of this volume addresses the question to what extent we may witness a shift beyond neoliberalism at the level of world order, taking into account important geoeconomic and geopolitical developments that have been coinciding with, and in some cases intensified by, the global financial and economic crisis.

This demonstrates that rather than being a politically neutral supranational body, the Commission is a ‘strategically selective’ (see Jessop 2007) institution that systematically privileges certain ideas, strategies and actors over others. 1057/9781137002471 - Neoliberalism in Crisis, Edited by Henk Overbeek and Bastiaan van Apeldoorn 38 Angela Wigger and Hubert Buch-Hansen and promoted crude notions of free markets and free competition since the 1980s, and it continues to play a central role in maintaining the hegemony of the neoliberal discourse.

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Ecosocialism: A Radical Alternative to Capitalist by Michael Löwy
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