ABSTRACT
In recent decades, neoliberal globalisation has mutated capitalism in new and unfamiliar ways. It has intensified and accelerated inequality by dismantling welfare systems, industrial and labour-market regulations and state capacity to regulate financial systems, while simultaneously opening economies to fiercely aggressive market actors. Ever more aspects of life, including nature, have become commodified. We are witnesses to continuing crises, weaker states, ineffective labour movements and the increased power of capital. This is accompanied by an increase in the number of people who are living precarious lives.
