Capitalism, Crisis, and Alternative System Seeking

All Azimuth: A Journal of Foreign Policy and Peace

All Azimuth, journal of the İhsan Doğramacı Peace Foundation’s Center for Foreign Policy and Peace Research at Bilkent University, Ankara, Turkey. It provides a forum for academic studies on foreign policy analysis and peace research as well as theoretically-oriented policy pieces on international issues.

It particularly welcomes research on the nexus of peace, security and development. It aims to publish pieces bridging the theory-practice gap; dealing with under-represented conceptual approaches in the field; and making scholarly engagements for the dialogue between the 'centre' and the 'periphery'. We strongly encourage, therefore, publications with homegrown theoretical and philosophical approaches. In this sense, All Azimuth aims to transcend the conventional theoretical, methodological, geographical, academic and cultural boundaries. All Azimuth is published two times a year by the Center for Foreign Policy and Peace Research.The current economic stagnation, which some have considered to be in existence since the 1970s and that peaked with the collapse of the financial markets in 2008 (Amin, 2011, p.3) has engendered discussions about the rise of new ideologies and regional-global powers as an alternative to the capitalist order led by the United States (US). Several questions arise regarding reshaping the capitalist system in the face of emerging powers such as China and those in the Persian Gulf and Latin America, and regarding assisting the recovery of the current system: Is the global capitalist system facing collapse? What do financialization and monopolization mean in the capitalist system? What kind of new formations does a crisis of capitalism lead to?

Three books aim at giving satisfying answers to these questions from different perspectives: Adam Hanieh’s Capitalism and Class in the Gulf Arab States; John Bellamy Foster and Robert W. McChesney’s The Endless Crisis: How Monopoly–Finance Capital Produces Stagnation and Upheaval from the USA to China; and Samir Amin’s Ending the Crisis of Capitalism or Ending Capitalism? All authors question the sustainability of the current global economic order in the face of a crisis triggered by the actions of current system actors that have the capacity to bring an end to the capitalist system through emerging powers, regions, and/or ideologies.

• Primary Source

All Azimuth: Past Issues http://www.foreignpolicyandpeace.org/index.php/en/past-issues/

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