Crisis and sequels : capitalism and the new economic turmoil since 2007 / edited by Martin Thomas.

Format:

Book

Contributor:

Thomas, Martin (Marxist critic), editor.

Series:

Studies in critical social sciences

Language:

English

Subjects (All):

Financial crises.

Capitalism.

Economic history--21st century.

Economic history.

Physical Description:

xiii, 325 pages ; 24 cm.

Place of Publication:

Boston : Brill, [2017]

Summary:

As the economic crash of 2007-8 and its sequels developed, neoliberal economists often said that economic theory can never cope with such eruptions, and left-minded economists and political economists struggled to find answers. This book documents discussions as they developed; an introduction and an afterword tell the story of the crisis, and offer syntheses and angles on some of the debated issues. What were the chief imbalances in the world economy? Is US hegemony breaking down? Were falling profit rates at the root of the crash, and if so why were they falling? How does "financialisation" reshape capitalism? Why did neoliberalism prove so resilient? How might the repercussions lead to it being subverted from the right or from the left?

Contents:

About the contributors

The long trends of profit (March 2008) / Fred Moseley

A new sort of financial crisis (April 2008) / Costas Lapavitsas

The crisis depends on the fightback (April 2008) / Leo Panitch

An era of rampant inequality (May 2008) / Simon Mohun

The imbalances are unsustainable (June 2008) / Trevor Evans

The inventiveness of capital (july 2008) / Dick Brick

A systemic crisis, both global and long-lasting (July 2008) / Michel Husson

After September 2008

The crisis of neoliberal capitalism (December 2008) / Michel Husson

The debacle of financialised capitalism (January 2009) / Costas Lapavitsas

The level of debt is astronomical (December 2008) / Andrew Kliman

The chain broke at the weakest link (December 2008) / Leo Panitch

The bondholders and the taxpayers (December 2008) / Fred Moseley

The neoliberal model is bust (January 2009) / Simon Mohun

The economy in a world of trouble (April 2009) / Robert Brenner

The underlying contradictions of capitalist finance (June 2009) / Dick Bryan

After 2009

The falling rate of profit (July 2011) / Barry Finger

The banks' crisis and the left's crisis (August 2011) / Leo Panitch

Nationalise the banks! (September 2011) / Michel Husson

The endless bailout of europe (November 2011) / Michel Husson

Europe: the bankers vs the people (June 2012) / Daniela Gabor

After 2010

A turning point from neoliberalism? (June 2012) / Hugo Radice

The world of neoliberalism (October 2013) / Paul Hampton and Martin Thomas

An alternative view on the world of neoliberalism (January 2014) / Barry Finger

The resilience of neoliberalism (June 2016) / Andrew Gamble

After 2015

The coming crisis (October 2015) / Michel Husson

"Too much debt in relation to income" (January 2016) / Fred Moseley

"The situation has long been unsustainable" (January 2016) / Andrew Kliman

"We become a hedge fund of our own lives" (January 2016) / Dick Bryan

"The globalisation of elites" (January 2016) / Hugo Radice

"The great recession is not going away" (January 2016) / Leo Panitch

"A protracted transition" (June 2016) / Simon Mohun

Brazil and neoliberalism (July-August 2016) / Alfredo Saad Filho

Afterword

Appendix 1: Marx on capitalist crises

Appendix 2: Ruinous competition

Appendix 3: The tendency of the rate of profit to fall

Bibliography

Index.

Notes:

Includes bibliographical references and index.

Other Format:

Online version: Crisis and sequels

ISBN:

9789004350960

9004350969

OCLC:

987282757