The Structural Crisis Of Capital

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The Structural Crisis of Capital

Author : István Mészáros
Publisher : NYU Press
Page : 219 pages
File Size : 55,8 Mb
Release : 2010-03-01
Category : Philosophy
ISBN : 9781583674963

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The Structural Crisis of Capital by István Mészáros Pdf

In this collection of trenchant essays and interviews, István Mészáros, the world’s preeminent Marxist philosopher and winner of the 2008 Libertador Award for Critical Thought (the Bolivar Prize), lays bare the exploitative structure of modern capitalism. He argues with great power that the world’s economies are on a social and ecological precipice, and that unless we take decisive action to radically transform our societies we will find ourselves thrust headfirst into barbarism and environmental catastrophe. Mészáros, however, is no pessimist. He believes that the multiple crises of world capitalism will encourage the working class to demand center stage in the construction of a new system of production and distribution designed to meet human needs rather than serve the relentless pursuit of profit—a struggle which is already underway in places such as Venezuela. As John Bellamy Foster says in the foreword to this indispensable book, “Today the structural crisis of capital provides the historical setting for a new revolutionary movement for social emancipation in which developments normally taking centuries would flit by like phantoms in decades or even years. But the force for such necessary, vital change, remains with the people themselves, and rests on humanity’s willingness to constitute itself as both subject and object of history, through the collective struggle to create a just and sustainable world. This, Mészáros insists, constitutes the unprecedented challenge and burden of our historical time.”

Crises of Global Economy and the Future of Capitalism

Author : Kiichiro Yagi,Nobuharu Yokokawa,Hagiwara Shinjiro,Gary Dymski
Publisher : Routledge
Page : 354 pages
File Size : 52,7 Mb
Release : 2013-01-04
Category : Business & Economics
ISBN : 9781135101657

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Crises of Global Economy and the Future of Capitalism by Kiichiro Yagi,Nobuharu Yokokawa,Hagiwara Shinjiro,Gary Dymski Pdf

Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.

Crisis, Inequalities and Poverty

Author : Francesco Schettino,Fabio Clementi
Publisher : BRILL
Page : 220 pages
File Size : 40,7 Mb
Release : 2022-09-12
Category : Social Science
ISBN : 9789004514430

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Crisis, Inequalities and Poverty by Francesco Schettino,Fabio Clementi Pdf

In Crisis, inequalities and Poverty, Schettino and Clementi provide an empirical and theoretical analysis of the capitalist crisis of the last two decades with a particular focus on the impact on poverty and inequality.

Contemporary Capitalism and Its Crises

Author : Terrence McDonough,Michael Reich,David M. Kotz
Publisher : Cambridge University Press
Page : 375 pages
File Size : 49,6 Mb
Release : 2010-01-11
Category : Business & Economics
ISBN : 9780521515160

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Contemporary Capitalism and Its Crises by Terrence McDonough,Michael Reich,David M. Kotz Pdf

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 Rise and Fall of Neoliberal Capitalism

Author : David M. Kotz
Publisher : Harvard University Press
Page : 291 pages
File Size : 47,6 Mb
Release : 2015-02-09
Category : Business & Economics
ISBN : 9780674725652

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The Rise and Fall of Neoliberal Capitalism by David M. Kotz Pdf

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Does Capitalism Have a Future?

Author : Immanuel Maurice Wallerstein,Randall Collins,Michael Mann,Georgi Derleugian,Georgi M. Derluguian,Craig Calhoun
Publisher : Oxford University Press
Page : 199 pages
File Size : 49,6 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780199330850

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Does Capitalism Have a Future? by Immanuel Maurice Wallerstein,Randall Collins,Michael Mann,Georgi Derleugian,Georgi M. Derluguian,Craig Calhoun Pdf

In Does Capitalism Have a Future?, the prominent theorist Georgi Derleugian has gathered together a quintet of eminent macrosociologists to assess whether the capitalist system can survive.

Capitalism, Competition and Economic Crisis

Author : Y. S. Brenner
Publisher : Brighton, Sussex : Wheatsheaf Books ; Washington, D.C. : Kapitan Szabo Publishers
Page : 278 pages
File Size : 40,9 Mb
Release : 1984
Category : Business & Economics
ISBN : UOM:39015008854377

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Capitalism, Competition and Economic Crisis by Y. S. Brenner Pdf

Capital Resurgent

Author : Gérard Duménil,Dominique Lévy
Publisher : Harvard University Press
Page : 266 pages
File Size : 45,7 Mb
Release : 2004
Category : Business & Economics
ISBN : 0674011589

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Capital Resurgent by Gérard Duménil,Dominique Lévy Pdf

"The sequence of events initiated by neoliberalism is not unprecedented. In the late nineteenth century, when economic conditions were similar to those of the 1970s, a structural crisis led to a financial hegemony, culminating in the speculative boom of the late 1920s."--BOOK JACKET.

Foretelling the End of Capitalism

Author : Francesco Boldizzoni
Publisher : Harvard University Press
Page : 337 pages
File Size : 40,8 Mb
Release : 2020-05-12
Category : Business & Economics
ISBN : 9780674246720

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Foretelling the End of Capitalism by Francesco Boldizzoni Pdf

Intellectuals since the Industrial Revolution have been obsessed with whether, when, and why capitalism will collapse. This riveting account of two centuries of failed forecasts of doom reveals the key to capitalism’s durability. Prophecies about the end of capitalism are as old as capitalism itself. None have come true. Yet, whether out of hope or fear, we keep looking for harbingers of doom. In Foretelling the End of Capitalism, Francesco Boldizzoni gets to the root of the human need to imagine a different and better world and offers a compelling solution to the puzzle of why capitalism has been able to survive so many shocks and setbacks. Capitalism entered the twenty-first century triumphant, its communist rival consigned to the past. But the Great Recession and worsening inequality have undermined faith in its stability and revived questions about its long-term prospects. Is capitalism on its way out? If so, what might replace it? And if it does endure, how will it cope with future social and environmental crises and the inevitable costs of creative destruction? Boldizzoni shows that these and other questions have stood at the heart of much analysis and speculation from the early socialists and Karl Marx to the Occupy Movement. Capitalism has survived predictions of its demise not, as many think, because of its economic efficiency or any intrinsic virtues of markets but because it is ingrained in the hierarchical and individualistic structure of modern Western societies. Foretelling the End of Capitalism takes us on a fascinating journey through two centuries of unfulfilled prophecies. An intellectual tour de force and a plea for political action, it will change our understanding of the economic system that determines the fabric of our lives.

Business as Usual

Author : Paul Mattick
Publisher : Reaktion Books
Page : 129 pages
File Size : 46,7 Mb
Release : 2011-05-15
Category : Business & Economics
ISBN : 9781861899828

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Business as Usual by Paul Mattick Pdf

The recent global economic downturn has affected nearly everyone in every corner of the globe. Its vast reach and lingering effects have made it difficult to pinpoint its exact cause, and while some economists point to the risks inherent in the modern financial system, others blame long-term imbalances in the world economy. Into this debate steps Paul Mattick, who, in Business as Usual, explains the global economic downturn in relation to the development of the world economy since World War II, but also as a fundamental example of the cycle of crisis and recovery that has characterized capitalism since the early nineteenth century. Mattick explains that today’s recession is not the result of a singular financial event but instead is a manifestation of long-term processes within the world economy. Mattick argues that the economic downturn can best be understood within the context of business cycles, which are unavoidable in a free-market economy. He uses this explanation as a springboard for exploring the nature of our capitalist society and its prospects for the future. Although Business as Usual engages with many economic theories, both mainstream and left-wing, Mattick’s accessible writing opens the subject up in order for non-specialists to understand the current economic climate not as the effect of a financial crisis, but as a manifestation of a truth about the social and economic system in which we live. As a result the book is ideal for anyone who wants to gain a succinct and jargon-free understanding of recent economic events, and, just as important, the overall dynamics of the capitalist system itself.

Wealth and Poverty in Contemporary Brazilian Capitalism

Author : Gustavo Moura de Cavalcanti Mello,Henrique Pereira Braga
Publisher : Springer Nature
Page : 248 pages
File Size : 55,7 Mb
Release : 2021-10-21
Category : Political Science
ISBN : 9783030822989

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Wealth and Poverty in Contemporary Brazilian Capitalism by Gustavo Moura de Cavalcanti Mello,Henrique Pereira Braga Pdf

This book analyses contemporary capitalism from Brazil and from the Marxian critique of political economy, particularly; the co-dependency of wealth and poverty and of civilization and barbarism; the current tendency towards capital over-accumulation and the specific form assumed by the capitalist crisis in recent decades; the financialisation process of capital accumulation, its effects on the world of labour; and the place that the state assumes in this broad process. Current trends toward increasing social inequality, impoverishment of large sections of the population, precariousness of labour and rising unemployment, environmental destruction, the spread of austerity policies and the suppression of social policies, the rise of the far right (together with the strengthening of racism, misogyny, xenophobia, political and religious fanaticism and all manner of intolerance, etc.), low economic growth, the primacy of the financial dimension of capital accumulation, all need to be understood in their multiple and complex articulations, as fundamental and inherent elements of contemporary capitalism, associating empirical analysis with conceptual construction. Because they are strictly contradictory processes, a dialectical approach is required that reclaims the Marxian legacy, and aims to contribute to updating it, seeking to bring new and relevant elements to the Marxist debate, based on a specific interpretation of Marx's work, and as an immediate empirical basis the Brazilian reality.

Value, Technical Change and Crisis

Author : David Laibman
Publisher : Routledge
Page : 434 pages
File Size : 41,7 Mb
Release : 2016-09-16
Category : Business & Economics
ISBN : 9781315489476

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Value, Technical Change and Crisis by David Laibman Pdf

This text brings together studies in various aspects of the theory of the capitalist economy. It focuses on major themes of the Marxist tradition that postulate the existence and importance of social relations and structures underlying the esoteric realm of economic categories: prices, profits, wages, etc. The author takes a reappraising, critical look at the concepts of the deep structure - value, explitation, immanent crisis - using the analytical tools of modern economics to improve those concepts. The book is divided into four parts. Part 1 explores the essential nature of capitalism, re-examining problems in the theory of value and exploitation. Part 2 tackles the issue of capitalism-specific paths of growth and technical change, putting forward a rigorous theory of biased technical change and non-steady-state growth. Part 3 examines the cyclical character of capitalist growth and the theory of crises. Finally, Part 4 places capitalism in the wider framework of modes of production, considering the theory of precapitalist formations and aspects of the theory and practical experience of socialism. The guiding theme is the combination, or confrontation, of rigorous, quantitative analytical techniques with equally demanding qualitative and political-economic conceptualization. The book's premise is that this interface is essential to a progressive yet distinctively Marxist social theory.

The Crisis This Time

Author : Leo Panitch,Greg Albo,Vivek Chibber
Publisher : NYU Press
Page : 341 pages
File Size : 41,5 Mb
Release : 2010-12
Category : Political Science
ISBN : 9781583672280

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The Crisis This Time by Leo Panitch,Greg Albo,Vivek Chibber Pdf

Contributors to this volume on economic crisis address key themes: -putting 'the crisis this time' in historical and theoretical perspective -analyzing the role of banks and derivatives in global financialization -interrogating Wall Street and the City of London before and after the crisis -surveying the crisis in the USA, the UK, Europe, Japan and South Africa -taking the measure of the impact of the crisis on working class families -showing how 'exit strategies' are reviving neoliberalism -surveying the struggles against the new public austerity in Greece, Ireland, UK and USA This volume ù the first of two ù offers critical perspectives on 'exit strategies' geared towards revitalizing neoliberal capitalism and considers the social and political impact of the crisis on the working class. Next year's volume will extend the geographical focus to China, the Middle East, Eastern Europe and Latin America, and deepen the analysis of the epicentre of the crisis in the USA.

The Structural Crisis of Capital

Author : István Mészáros
Publisher : NYU Press
Page : 219 pages
File Size : 43,5 Mb
Release : 2010-03
Category : Business & Economics
ISBN : 9781583672082

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The Structural Crisis of Capital by István Mészáros Pdf

Lays bare the exploitative structure of modern capitalism. Argues that the economies of the world are on a social and ecological precipice, and that unless we take decisive action to radically transform our societies we will find ourselves thrust headfirst into barbarism and environmental catastrophe. From publisher description.

Beyond Capital

Author : Istvan Meszaros
Publisher : NYU Press
Page : 994 pages
File Size : 49,9 Mb
Release : 2018-11-01
Category : Social Science
ISBN : 9781583677148

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Beyond Capital by Istvan Meszaros Pdf

"Not only profound in its analysis, but also so passionately inspired by sympathy for the downtrodden and their struggle for liberation. . ." --Daniel Singer, The Nation "This is an important book, heavy in size and tone. It belongs in every serious library." --Choice