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

Format:

Book

Contributor:

Thomas, Martin (Marxist critic)

Series:

Studies in Critical Social Sciences 109.

Studies in critical social sciences ; 109

Language:

English

Subjects (All):

Financial crises.

Capitalism.

Economic history--21st century.

Economic history.

Physical Description:

1 online resource (339 pages) : illustrations.

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? Contributors are Robert Brenner, Dick Bryan, Trevor Evans, Barry Finger, Daniela Gabor, Andrew Gamble, Michel Husson, Andrew Kliman, Costas Lapavitsas, Simon Mohun, Fred Moseley, Leo Panitch, Hugo Radice, and Alfredo Saad-Filho.

Contents:

Introduction

Part 1: After 2007

Introduction to Part 1

The Long Trends of Profit (March 2008) / Discussion with Fred Moseley

A New Sort of Financial Crisis (April 2008) / Discussion with Costas Lapavitsas

The Crisis Depends on the Fightback (April 2008) / Discussion with Leo Panitch

An Era of Rampant Inequality (May 2008) / Discussion with Simon Mohun

The Imbalances are Unsustainable (June 2008) / Discussion with Trevor Evans

The Inventiveness of Capital (July 2008) / Discussion with Dick Bryan

A Systemic Crisis, both Global and Long-Lasting (July 2008) / Discussion with Michel Husson

Part 2: After September 2008

“This sucker could go down”*

The Crisis of Neoliberal Capitalism (December 2008) / Discussion with Michel Husson

The Debacle of Financialised Capitalism (January 2009) / Discussion with Costas Lapavitsas

The Level of Debt is Astronomical (December 2008) / Discussion with Andrew Kliman

The Chain Broke at the Weakest Link (December 2008) / Discussion with Leo Panitch

The Bondholders and the Taxpayers (December 2008) / Discussion with Fred Moseley

The Neoliberal Model is Bust (January 2009) / Discussion with Simon Mohun

The Economy in a World of Trouble (April 2009) / Robert Brenner

The Underlying Contradictions of Capitalist Finance (June 2009) / Discussion with Dick Bryan

Part 3: After 2009

The Endless Bail-out

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 Bail-out of Europe (November 2011) / Michel Husson

Europe: The Bankers vs the People (June 2012) / Discussion with Daniela Gabor

Part 4: After 2010

Neoliberalism Resurgent

No Choice but to Change (June 2012) / Discussion with 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) / Discussion with Andrew Gamble

Part 5: After 2015

Chaotic Regulation

The Coming Crisis (October 2015) / Michel Husson

Too Much Debt in Relation to Income (January 2016) / Discussion with Fred Moseley

The Situation Has Long Been Unsustainable (January 2016) / Discussion with Andrew Kliman

We Become a Hedge Fund of Our Own Lives (January 2016) / Discussion with Dick Bryan

The Globalisation of Elites (January 2016) / Discussion with Hugo Radice

The Great Recession Is Not Going Away (January 2016) / Discussion with Leo Panitch

A Protracted Transition (June 2016) / Discussion with Simon Mohun

Brazil and Neoliberalism (July–August 2016) / Discussion with Alfredo Saad- Filho

Afterword: 2016

List of Previously Published Articles.

Notes:

Includes bibliographical references and index.

Description based on print version record and CIP data provided by publisher; resource not viewed.

ISBN:

90-04-35103-5

Publisher Number:

10.1163/9789004351035 DOI