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By Marc Perelman

Globalized game as savage spectacle and ‘opium of the people’

Marc Perelman pulls no punches during this succinct and searing broadside, assailing the ‘recent type of barbarism’ that's the international wearing occasion. disregard the Olympics and view, less than Perelman’s suggestions, the ledger of inequities maintained through such supposedly innocuous games.

They have supplied a smokescreen for the forcible elimination of ‘undesirables’; aided governments within the pursuit of racist agendas; affirmed the hypocrisy of drug-testing in an the place doping is extra an vital than an aberration; and constructed the pornographic hybrid that Perelman dubs ‘sporn’, an extra twist in our corrupt obsession with the body.

Drawing examples from the fashionable background of the foreign carrying occasion, Perelman argues that today’s colosseums, upheld as examples of ‘health’, became the steamroller for a decadent age fixated on pageant, reputation and elitism.

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Extra resources for Barbaric Sport: A Global Plague

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The first section (Chapters 2 and 3) maps the initial process of class formation in the Gulf. Framed around the concepts of internationalization and financialization, Chapter 2 explores the political economy of postwar global capitalism from the end of World War Two until the early 1990s, with a view to understanding how the tendencies underlying the development of the global economy were reflected in the nature of class formation in the GCC. It concretely traces the successive deepening of capital’s internationalization through this period, focusing in particular on the continuous expansion of accumulation, the intermeshing of production and consumption across the globe, and the growing significance of finance.

Each of the GCC circuits of capital is explored with a view to understanding how accumulation takes place, who controls it, and where it is located. The focus is on understanding the pan-GCC nature of accumulation rather than attempting to present a comprehensive account of the political economy of each individual GCC state. Chapter 5 confirms the development of Khaleeji Capital within the GCC—an emerging capitalist class closely imbricated with the pronounced internationalization trends of each of the Gulf circuits.

By 1973, the leading economies had decided to end the adjustable-peg exchange-rate system and replace it by a system of floating exchange rates (formalized in 1976 when the IMF’s Articles of Agreements were amended to legalize the new system). indd 41 5/5/2011 3:04:07 PM 42 ● Capitalism and Class in the Gulf Arab States dramatically. Moreover, the removal of the convertibility constraint increased the capacities of central banks to fuel growth in liquidity, thus further stimulating financialization.

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