Only a few short years after the collapse of the Eastern bloc and the promise of a peaceful transition to prosperity for all is in tatters. The new world is a more dangerous, more desperate place than it ever has been. Wars and starvation are rife, arms proliferate, fascism has returned to government as imperialism enters its latest and most unstable phase to date.
In this book, leading Marxists analyse this new imperialism. Alex Callinicos looks at how imperialism developed, John Rees at the arms race, Mike Haynes at class polarisation in Eastern Europe and Chris Harman at the rise of nationalism. Together, they provide an overview of contemporary world events, giving the essential understanding of capitalism as it enters one of its most decisive stages yet.