ABSTRACT

The crisis that became manifest in 2007–2008, from which, so far, no exit has been found, is a systemic crisis of the capitalist mode of production. It has opened an epoch of political decay fraught with grave dangers because of the simultaneous disruption of the biosphere by overpopulation, pollution, and climate change, and the risks of the proliferating 'War on Terror' sliding into a major inter-state war. The disruptive contingencies impact on a specific 'geopolitical economy', centrally configured around a liberal, Lockean heartland of capital and successive contender formations. The epoch of a capitalist West occupying the commanding heights of the global political economy was inaugurated by the Anglo-Dutch alliance that helped the liberal Whigs to power in the British Isles and New England, the 'Glorious Revolution' of 1688. Corporate liberalism is the liberalism governing relations between bodies internally organized along their own principles, so 'sovereign' in their own domains.