The spiral of capitalism and socialism

"Boswell and Chase-Dunn describe a spiral of capitalism and socialism - of economic expansion and social progress - that creates repeated opportunities for positive transformation at the global level. They contend that social democracy is both desirable and possible at the level of the world-system. And they present a straightforward, compelling case in support of that contention.". "The book begins with an explanation of the structural dynamics of the world-system and goes on to explore the great failures, and the limited successes, that were the outcome of efforts to build a state-socialist "second world." A final section addresses the possible futures of the world-system and, especially, how to move realistically toward global democracy."--BOOK JACKET.