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In Nonprofit Finance: A Synthetic Review Thad D. Calabrese reviews the current state of research on nonprofit finance. The book comprehensively addresses core finance topics with a focus on those issues that differentiate nonprofit finance from traditional finance. Topics include the financial goals of nonprofits, sources and uses of funds, reserves and working capital, and debt and borrowing. The text also addresses recent innovations in nonprofit finance such as crowdsourcing donations, social impact bonds, flexible low yield paper, and donor-advised funds, as well as innovations in corporate forms. Throughout the text, gaps in our current knowledge are highlighted and avenues for future research are suggested. As such, Nonprofit Finance: A Synthetic Review is relevant for researchers and practitioners alike.
Editor: Joel Andreas
Over the past seven decades—since the 1949 Revolution—every aspect of Chinese society has been profoundly transformed multiple times. No sector has experienced more tumultuous twists and turns than industry. The eight articles contained in this volume examine these twists and turns, focusing on those aspects of industrial relations that involve contention and power, that is, factory politics. They were selected among articles that have appeared in the Chinese journal Open Times (开放时代) over the past decade. Because Open Times has a well-earned reputation for publishing diverse viewpoints, it has been able to attract some of the very best scholarship in China.
Seventy Years of History as Seen Through German Courts
Law in West German Democracy relates the history of the Federal Republic of Germany as seen through a series of significant trials conducted between 1947 and 2017, explaining how these trials came to take place, the legal issues which they raised, and their importance to the development of democracy in a country slowly emerging from a murderous and criminal régime. It thus illustrates the central issues of the new republic. If, as a Minister for Justice once remarked, crime can be seen as ‘the reverse image of any political system, the shadow cast by the social and economic structures of the day’, it is natural to use court cases to illuminate the eventful history of the Federal Republic’s first seventy years.
Bridging Hegelian Dialectics and Marxian Models
In How Language Informs Mathematics Dirk Damsma shows how Hegel’s and Marx’s systematic dialectical analysis of mathematical and economic language helps us understand the structure and nature of mathematical and capitalist systems. More importantly, Damsma shows how knowledge of the latter can inform model assumptions and help improve models.

His book provides a blueprint for an approach to economic model building that does away with arbitrarily chosen assumptions and is sensitive to the institutional structures of capitalism. In light of the failure of mainstream economics to understand systemic failures like the financial crisis and given the arbitrary character of most assumptions in mainstream models, such an approach is desperately needed.
Economic and Demographic Dilemmas in Global Capitalism
In Migration, Reproduction and Society, Alejandro I. Canales offers a theoretical model for understanding the dilemmas presented by migration in the transformation of contemporary society. Aging and changing demographics in advanced societies make economic and social reproduction dependent upon the contributions made by immigration. However, these same demographic processes are conducive to ethnic transformations. The political dilemma facing advanced societies is that immigration is required to ensure their reproduction, but this entails becoming multicultural societies where the political hegemony of ethnic and demographic majorities becomes radically subverted. This paves the way to a pervasive political conflict already evident in the current immigration crisis in Europe just as in the revival of racism and xenophobia in the United States.

En Migration, Reproduction and Society, Alejandro I. Canales propone un modelo teórico para el entendimiento del dilema político y social concerniente al papel de las migraciones en la transformación de la sociedad contemporánea. El envejecimiento y decline demográfico en las sociedades avanzadas hacen que la dinámica económica y la reproducción social de la población dependan directamente de los aportes que hace la inmigración. Sin embargo, estos mismos procesos demográficos propician una transformación étnica de sus actuales equilibrios sociales y demográficos. El dilema político que enfrentan las sociedades avanzadas es que para asegurar su reproducción debe necesariamente abrirse a la inmigración, pero ello conlleva la posibilidad de constituirse en sociedades multiculturales en donde la hegemonía política de las actuales mayorías étnicas y demográficas se trastocaría radicalmente. Es la base de un conflicto político cuyos indicios ya se advierten en la actual crisis migratoria en Europa, así como en el renacer del racismo y xenofobia en los Estados Unidos.
In The Political Economy of the Spectacle and Postmodern Caste, John Asimakopoulos analyzes the political economy of the society of the spectacle, a philosophical concept developed by Guy Debord and Jean Baudrillard. Using the analytical tools of social science, while historicizing, Asimakopoulos reveals that all societies in every epoch have been and continue to be caste systems legitimized by various ideologies. He concludes there is no such thing as capitalism (or socialism)—only a caste system hidden behind capitalist ideology. Key features of the book include its broad interdisciplinary-nonsectarian approach with quantitative and qualitative data. The Political Economy of the Spectacle and Postmodern Caste is well written and clear, making it accessible to the general public.
In The Rhythm of Modernization, Raül Tormos analyses the pace at which belief systems change across the developed world during the modernization process. It is often assumed that value change follows the slow rhythm of generational replacement. This book, however, reports trends that contradict this assumption in the field of values. Challenging Inglehart’s modernization theory, the transition from traditional to modern values happens much quicker than predicted. Many “baby-boomers” who were church-going, morally conservative materialists when they were young, become unchurched and morally tolerant postmaterialists in their later years. Using surveys from multiple countries over many years, and applying cutting-edge statistical techniques, this book shows how citizens quickly adapt their belief systems to new circumstances throughout their lives.
The Marxist Theory of Dependency (TMD) managed to articulate the insertion of peripheral societies into the international market with the capital accumulation processes of each country. It has become an essential theory for the understanding of our societies. Since Ruy Mauro Marini laid out its foundations, many transformations have occurred in global capitalism and in our societies, leaving us the challenge of updating it against a more complex context.
The real test of theory is its adequacy as an instrument of understanding contemporary reality. The TMD has been enriched and renewed from this work of Carlos Eduardo Martins. It considers capitalism from the perspective of anti-capitalism, dependence from the standpoint of emancipation and reality through a vision for its revolutionary transformation.
Emir Sader - CLACSO General Secretary (2006-2012)

This book is a revised edition of a work first published in 2011 as Globalização, dependência e neoliberalismo na América Latina by Boitempo Editorial, São Paulo, Brazil.

La teoría marxista de la dependencia (TMD) logró articular la inserción de las sociedades periféricas en el mercado internacional con los procesos de acumulación de capital de cada país. Se ha convertido en una teoría esencial para la comprensión de nuestras sociedades. Desde que Ruy Mauro Marini expuso sus fundamentos, muchas transformaciones ocurrieron en el capitalismo global y en nuestras sociedades, poniendo el desafío de actualización en condiciones más complejas
La prueba real de la teoría es su adecuación como instrumento de comprensión de la realidad contemporánea. La TMD sale enriquecida y renovada de esta obra de Carlos Eduardo Martins dedicada a pensar el capitalismo bajo la perspectiva del anticapitalismo, la dependencia en la óptica de la emancipación y la realidad en la perspectiva de su transformación revolucionaria.
Emir Sader - Secretario General CLACSO (2006-2012)

Financialization, Class, and Democracy in Neoliberal Brazil
In The Politics of Public Debt Daniel Bin analyzes how fiscal and monetary policies and the administration of public debt related to class, labor, and democracy during the period of neoliberal financialization in Brazil. Sustained by state action, the politico-economic context allowed the establishment of a macroeconomic framework that favored finance capital. It was characterized by the expropriation of workers’ incomes through a system involving public debt and taxation, capable of deepening labor exploitation. Decisions about public debt and related policies are analyzed in terms of their implications for economic democracy. The book raises the hypothesis that the 2016 coup within the Brazilian capitalist state sought to overthrow the political forces that were no longer able to administer this model.