Read e-book online McMafia: A Journey Through the Global Criminal Underworld PDF

By Misha Glenny

ISBN-10: 1400095123

ISBN-13: 9781400095124

With the cave in of the Soviet Union, the autumn of the Berlin Wall, and the deregulation of foreign monetary markets in 1989, governments and marketers alike turned intoxicated by way of desires of newly opened markets. yet nobody may have foreseen that the best luck tale to come up from those occasions often is the world wide upward push of equipped crime. this present day, it truly is anticipated that unlawful exchange money owed for one-fifth of the worldwide GDP.

In this fearless and absolutely authoritative research of the possible insatiable call for for unlawful wares, veteran reporter Misha Glenny travels throughout 5 continents to talk with individuals from each point of the worldwide underworld—police, sufferers, politicians, or even the criminals themselves. What follows is a groundbreaking, propulsive examine an exceptional phenomenon from a savvy, street-wise advisor.

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The implementation of such policies stands to benefit neoliberal interests. But there also remain a number of problems with the Hirst–Thompson thesis. ’’13 Moreover, their efforts to construct an abstract model of a perfectly globalized economy unnecessarily polarizes the topic by pressuring the reader to either completely embrace or entirely reject the concept of globalization. Perhaps the most serious shortcoming of the Hirst– Thompson thesis lies in its attempt to counteract neoliberal economic determinism with a good dose of Marxist economic determinism.

Indeed, many analysts consider the emergence of a transnational financial system the most fundamental economic feature of our time. the academic debate over globalization 31 Its key components include the deregulation of interest rates, the removal of credit controls, and the privatization of government-owned banks and financial institutions. As sociologist Manuel Castells points out, the process of financial globalization accelerated dramatically in the late 1980s as capital and securities markets in Europe and the United States were deregulated.

23 Thus, expanding economic activity is identified as both the primary aspect of globalization and the engine behind its rapid development. Many scholars who share this economic perspective consider globalization a real phenomenon that signals an epochal transformation in world affairs. 24 They propose that the study of globalization be moved to the center of social-scientific research. According to their view, the central task of this research agenda should be the close examination of the evolving structure of global economic markets and their principal institutions.

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McMafia: A Journey Through the Global Criminal Underworld by Misha Glenny

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