The Great Recession and the Contradictions of Contemporary Capitalism

The Great Recession and the Contradictions of Contemporary Capitalism PDF

Author: Riccardo Bellofiore

Publisher: Edward Elgar Publishing

Published: 2014-10-31

Total Pages: 242

ISBN-13: 0857938533

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The current crisis is one of the great crises punctuating the long history of capitalism, and to be properly understood it is vital to take into account its ongoing structural transformation. This book offers plural perspectives on the Great Recession,

Contemporary Capitalism and Its Crises

Contemporary Capitalism and Its Crises PDF

Author: Terrence McDonough

Publisher: Cambridge University Press

Published: 2010-01-11

Total Pages: 375

ISBN-13: 0521515165

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This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the "neoliberal," or "free-market," form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the U.S. economy as well as that of several parts of the developing world.

The Long Depression

The Long Depression PDF

Author: Michael Roberts

Publisher: Haymarket Books

Published: 2016-09-01

Total Pages: 380

ISBN-13: 1608465071

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Setting out from an unapologetic Marxist perspective, The Long Depression argues that the global economy remains in the throes of a depression. Making the case that the profitability of capital is too low, and the debt built up before the Great Recession too high, leading radical economist Michael Roberts persuasively presents his case that this depression will persist until the profitability of capital is restored through yet another slump.

Understanding the Great Recession

Understanding the Great Recession PDF

Author: Jared Ragusett

Publisher:

Published: 2023-11

Total Pages: 0

ISBN-13: 9781138618176

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Understanding the Great Recession provides an advanced theoretical and practical understanding of the Great Recession, using multiple approaches to economic analysis. An invaluable resource for students of economics, public policy, and other related fields.

Seventeen Contradictions and the End of Capitalism

Seventeen Contradictions and the End of Capitalism PDF

Author: David Harvey

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 354

ISBN-13: 019936026X

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"David Harvey examines the internal contradictions within the flow of capital that have precipitated recent crises. While the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe"--

A Political Economy of Contemporary Capitalism and its Crisis

A Political Economy of Contemporary Capitalism and its Crisis PDF

Author: Dimitris P Sotiropoulos

Publisher: Routledge

Published: 2013-06-19

Total Pages: 331

ISBN-13: 1135037914

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The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. The book also uses Marx’s concepts and some of the arguments developed in the framework of the historic Marxist controversies on economic crises in order to gain an insight into the modern neoliberal form of capitalism and the recent financial crisis. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.

The Cultural Contradictions Of Capitalism

The Cultural Contradictions Of Capitalism PDF

Author: Daniel Bell

Publisher: Basic Books

Published: 1996-10-18

Total Pages: 400

ISBN-13: 9780465014996

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With a new afterword by the author, this classic analysis of Western liberal capitalist society contends that capitalism—and the culture it creates—harbors the seeds of its own downfall by creating a need among successful people for personal gratification—a need that corrodes the work ethic that led to their success in the first place. With the end of the Cold War and the emergence of a new world order, this provocative manifesto is more relevant than ever.

The Failure of Capitalist Production

The Failure of Capitalist Production PDF

Author: Andrew Kliman

Publisher:

Published: 2012

Total Pages: 0

ISBN-13: 9781849646208

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"The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s."--Publisher's website.

Global Capitalism and the Crisis of Humanity

Global Capitalism and the Crisis of Humanity PDF

Author: William I. Robinson

Publisher: Cambridge University Press

Published: 2014-07-28

Total Pages: 257

ISBN-13: 1316062554

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This exciting new study provides an original and provocative exposé of the crisis of global capitalism in its multiple dimensions - economic, political, social, ecological, military, and cultural. Building on his earlier works on globalization, William I. Robinson discusses the nature of the new global capitalism, the rise of a globalized production and financial system, a transnational capitalist class, and a transnational state and warns of the rise of a global police state to contain the explosive contradictions of a global capitalist system that is crisis-ridden and out of control. Robinson concludes with an exploration of how diverse social and political forces are responding to the crisis and alternative scenarios for the future.

The Great Financial Meltdown

The Great Financial Meltdown PDF

Author: Turan Subasat

Publisher: Edward Elgar Publishing

Published: 2016-06-24

Total Pages: 384

ISBN-13: 1784716499

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The Great Financial Meltdown reviews, advocates and critiques the systemic, conjunctural and policy-based explanations for the 2008 crisis. The book expertly examines these explanations to assess their analytical and empirical validity. Comprehensive yet accessible chapters, written by a collection of prominent authors, cover a wide range of political economy approaches to the crisis, from Marxian through to Post Keynesian and other heterodox schools.