Download A Political Economy of Contemporary Capitalism and its Crisis PDF

A Political Economy of Contemporary Capitalism and its Crisis


Author :
Publisher : Routledge
Release Date :
ISBN : 9781135037925
Pages : 266 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.3/5 (792 download)

GET BOOK!

Download PDF A Political Economy of Contemporary Capitalism and its Crisis by Dimitris P Sotiropoulos and published by Routledge. This book was released on 2013-06-19 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download Capitalism 4.0 PDF

Capitalism 4.0


Author :
Publisher : Bloomsbury Publishing
Release Date :
ISBN : 9781408815564
Pages : 448 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.0/5 (556 download)

GET BOOK!

Download PDF Capitalism 4.0 by Anatole Kaletsky and published by Bloomsbury Publishing. This book was released on 2010-07-05 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of 2007 to 2009 ruined businesses and banks, individuals and even nations, and seemed to land a mortal blow to the capitalist system. But capitalism was not destroyed, rather it was irrevocably altered: the forces that precipitated the crisis are now contributing to the evolution of a new, stronger version of the capitalist model. Tracing the development of capitalism from the late eighteenth century through three distinct historical phases, Kaletsky shows how at each of these transitions the existing economic order appeared to be fatally threatened, only for capitalism to reinvent itself and emerge stronger than before. The turning point for our most recent age of capitalism came on 15 September 2008 when Lehman Brothers collapsed, setting off market chaos which, had it not been for government bailouts and guarantees, would have toppled every bank in the Western world, an incident which set off the fourth major systemic transformation in capitalism's history - Capitalism 4.0. Understanding Capitalism 4.0 will be critical to the continued recovery of our global economies. In this controversial and wide-ranging book, Anatole Kaletsky, one of the world's foremost economic commentators, puts recent financial events into historical and ideological perspective. He describes the emerging features of this new capitalist model, explains how it differs from the previous versions - and how it will change politics, finance, international relations and economic thinking in the next decade.

Download The International Economic Crisis and the Post-Soviet States PDF

The International Economic Crisis and the Post-Soviet States


Author :
Publisher : Routledge
Release Date :
ISBN : 9781317981404
Pages : 334 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.1/5 (14 download)

GET BOOK!

Download PDF The International Economic Crisis and the Post-Soviet States by Valentina Feklyunina and published by Routledge. This book was released on 2014-06-11 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: At first, it seemed as if the international financial crisis that broke out in 2008 would have little effect in Russia and the other post-Soviet states. But, by the end of the year, growth was slowing, banks were reluctant to lend, share values had collapsed and unemployment was rising inexorably. The stability of the Putin leadership, it appeared, had been built on the turnaround in economic performance that it had managed to achieve over more than a decade. How would it cope with a sudden reversal? In Ukraine, living standards fell even more sharply. In Belarus, there were fewer obvious signs of economic difficulty, but it could hardly be unaffected by the performance of its major trading partners. Drawing on a wide range of evidence, an international group of scholars address the impact of the international financial crisis in the post-Soviet states and the continuing implications of the crisis for these countries themselves and for the wider world. This book was published as a special issue of the Journal of Communist Studies and Transition Politics, now known as East European Politics.

Download The European Union After the Crisis PDF

The European Union After the Crisis


Author :
Publisher : Routledge
Release Date :
ISBN : 9781317495628
Pages : 112 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.1/5 (562 download)

GET BOOK!

Download PDF The European Union After the Crisis by Hugo Radice and published by Routledge. This book was released on 2017-10-02 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial and economic crisis struck the European Union and its member states with particular force from 2009 onwards. The immediate problem was the knock-on effects of the crisis on each country’s public finances. Bank bail-outs imposed a massive increase in sovereign debt on member states, while the economic recession unavoidably led to ballooning budget deficits via the usual mechanisms of reduced taxes and increased welfare spending. Subsequently, the Eurozone sovereign debt crisis exposed the hidden weaknesses in the monetary and financial arrangements that had accompanied the launch of the Euro; the severe economic imbalance between member states, rooted in longer-term structural divergences, and the inadequate institutional mechanisms for resolving these difficulties. This book originated from an EU-funded international research network on "Systemic Risks, Financial Crises and Credit: the Roots, Dynamics and Consequences of the Sub-Prime Crisis". Contributions explore and evaluate some of the ways in which the institutions and policies of the European Union and its member states have changed in response to the problems brought about by the crisis. This book was originally published as a special issue of the Journal of Contemporary European Studies.

Download A New Theory of Market and Capitalism PDF

A New Theory of Market and Capitalism


Author :
Publisher : Cambridge Scholars Publishing
Release Date :
ISBN : 9781527577374
Pages : 180 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.2/5 (737 download)

GET BOOK!

Download PDF A New Theory of Market and Capitalism by Anatoliy Zhelezniak and published by Cambridge Scholars Publishing. This book was released on 2021-11-12 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new theory of market and capitalism, detailing its key moments and general logic. It is based on the distinction between two market types: the simple commodity market and the capitalist one. In contrast to what is usually uncritically accepted, disequilibrium and “imperfect competition” are admitted here to be a functional norm of the capitalist market. The book also shows that equilibrium and “perfect competition” are admitted to be a functional anomaly, with crises considered as the result of such an anomaly. It details the general principles and concrete measures of crisis-proof policies and behavior.

Download Capitalism and Its Legitimacy in Times of Crisis PDF

Capitalism and Its Legitimacy in Times of Crisis


Author :
Publisher : Springer
Release Date :
ISBN : 9783319537658
Pages : 260 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.1/5 (765 download)

GET BOOK!

Download PDF Capitalism and Its Legitimacy in Times of Crisis by Steffen Schneider and published by Springer. This book was released on 2017-09-20 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines why the 2008 financial crisis with the subsequent Great Recession did not foster a major institutional transformation of the capitalist market economy. It highlights the role of ideas and public discourse in explaining institutional stability and change in the wake of economic crises and other critical junctures. Examining legitimation discourse in four OECD countries (Germany, Switzerland, the United Kingdom and the United States) between 1998 and 2011, the contributions to the volume use different text-analytical methods to bring out the ideas that underpin affirmative and critical media discourse on the capitalist regime. Individual chapters focus on the contours and trajectories of legitimation discourse before and after the financial crisis, on the attribution of responsibility for the crisis, on the use of metaphors and narratives, and on the formation of discourse coalitions challenging the regime. Together, they show that the post-2008 legitimation crisis of the capitalist market economy did not result in its sustained delegitimation or in powerful new ideas that might have mobilized support for radical institutional change. The book will appeal to students and scholars of economic sociology, media studies and political science.

Download What Capitalism Needs PDF

What Capitalism Needs


Author :
Publisher : Cambridge University Press
Release Date :
ISBN : 9781108853897
Pages : pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.0/5 (389 download)

GET BOOK!

Download PDF What Capitalism Needs by John L. Campbell and published by Cambridge University Press. This book was released on 2021-09-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: From unemployment to Brexit to climate change, capitalism is in trouble and ill-prepared to cope with the challenges of the coming decades. How did we get here? While contemporary economists and policymakers tend to ignore the political and social dimensions of capitalism, some of the great economists of the past - Adam Smith, Friedrich List, John Maynard Keynes, Joseph Schumpeter, Karl Polanyi and Albert Hirschman - did not make the same mistake. Leveraging their insights, sociologists John L. Campbell and John A. Hall trace the historical development of capitalism as a social, political, and economic system throughout the twentieth and early twenty-first centuries. They draw comparisons across eras and around the globe to show that there is no inevitable logic of capitalism. Rather, capitalism's performance depends on the strength of nation-states, the social cohesion of capitalist societies, and the stability of the international system - three things that are in short supply today.

Download Profit, Accumulation, and Crisis in Capitalism PDF

Profit, Accumulation, and Crisis in Capitalism


Author :
Publisher : Routledge
Release Date :
ISBN : 9780429602771
Pages : 154 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.2/5 (277 download)

GET BOOK!

Download PDF Profit, Accumulation, and Crisis in Capitalism by Minqi Li and published by Routledge. This book was released on 2020-02-18 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx’s and Wallerstein’s hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the twentieth century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx’s original hypothesis may be verified by the global economic events in the twenty-first century.

Download Can Democracy Survive Global Capitalism? PDF

Can Democracy Survive Global Capitalism?


Author :
Publisher : W. W. Norton & Company
Release Date :
ISBN : 9780393609967
Pages : 384 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.9/5 (996 download)

GET BOOK!

Download PDF Can Democracy Survive Global Capitalism? by Robert Kuttner and published by W. W. Norton & Company. This book was released on 2018-04-10 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of our leading social critics recounts capitalism’s finest hour, and shows us how we might achieve it once again. In the past few decades, the wages of most workers have stagnated, even as productivity increased. Social supports have been cut, while corporations have achieved record profits. Downward mobility has produced political backlash. What is going on? Can Democracy Survive Global Capitalism? argues that neither trade nor immigration nor technological change is responsible for the harm to workers’ prospects. According to Robert Kuttner, global capitalism is to blame. By limiting workers’ rights, liberating bankers, allowing corporations to evade taxation, and preventing nations from assuring economic security, raw capitalism strikes at the very foundation of a healthy democracy. The resurgence of predatory capitalism was not inevitable. After the Great Depression, the U.S. government harnessed capitalism to democracy. Under Roosevelt’s New Deal, labor unions were legalized, and capital regulated. Well into the 1950s and ’60s, the Western world combined a thriving economy with a secure and growing middle class. Beginning in the 1970s, as deregulated capitalism regained the upper hand, elites began to dominate politics once again; policy reversals followed. The inequality and instability that ensued would eventually, in 2016, cause disillusioned voters to support far-right faux populism. Is today’s poisonous alliance of reckless finance and ultranationalism inevitable? Or can we find the political will to make capitalism serve democracy, and not the other way around? Charting a plan for bold action based on political precedent, Can Democracy Survive Global Capitalism? is essential reading for anyone eager to reverse the decline of democracy in the West.

Download The Concept of Capitalism PDF

The Concept of Capitalism


Author :
Publisher : Springer
Release Date :
ISBN : 3642031099
Pages : 76 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.3/5 (23 download)

GET BOOK!

Download PDF The Concept of Capitalism by Bruce R. Scott and published by Springer. This book was released on 2009-07-22 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: his monograph on the concept of capitalism is the intellectual core of a larger work, entitled Capitalism, Its Origins and Evolution as Ta System of Governance, due for publication November 2009. The purpose of this monograph is to put forth an original concept of ca- talism as a system of governance, including a theory of how it functions at any point in time and how it evolves through time. In the larger book, I present a theory of its origins and evolution and support this theory with a set of country case studies that span both time and geography. It was, in fact, my experience in studying these case studies that led me to the c- cept presented here as well as to the theory of capitalism’s origins and e- lution. In the larger book, I build on the present work, identifying and expla- ing capitalism as a system of governance for political entities such as - tion states. I then supplement these ideas with a description and expla- tion of three generic economic strategies. Taken together, my studies of economic strategies and specific capitalist systems of governance are - tended to enhance and enrich existing literature on “varieties of capit- ism”.

Download Political and Economic Dynamics of the Eurozone Crisis PDF

Political and Economic Dynamics of the Eurozone Crisis


Author :
Publisher : Oxford University Press
Release Date :
ISBN : 9780191072383
Pages : 304 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.9/5 (238 download)

GET BOOK!

Download PDF Political and Economic Dynamics of the Eurozone Crisis by James A. Caporaso and published by Oxford University Press. This book was released on 2016-02-25 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to provide a full and dispassionate account of the politics and economics of the Eurozone crisis, focusing on the interlinked origins and impacts of the Euro-Zone crisis and the policy responses to it. The book is distinguished from existing research by its avoidance (and rejection) of the too-often simplistic analysis that has characterized political, media and regrettably some academic coverage, and by its attempt to escape from the tyranny of day-to-day events and short-term developments. Each of the contributors identifies an important question and undertakes a careful empirical, theoretically-informed analysis that produces novel perspectives. Together they seek to balance many of the existing accounts that have rushed to sometimes unwarranted conclusions, concerning, for example, the locus of institutional power in European crisis-management; the power and centrality of particular member states, notably Germany which has been attributed with 'hegemonic' status; the supposed entrapment of EU policy makers by an 'austerity ideology'; and the deep flaws that apparently afflict the solutions to the crisis put painstakingly in place, such as Banking Union. While it will be some time before the EU can put the crisis behind it, and the dust finally settles on the revised institutional system that emerges, The Political and Economic Dynamics of the Eurozone Crisis marks an important step towards a considered, reflective analysis of the tumultuous events and developments of the crisis period.

Download The Political Economy of Emerging Markets PDF

The Political Economy of Emerging Markets


Author :
Publisher : Taylor & Francis
Release Date :
ISBN : 9781317309192
Pages : 224 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.1/5 (919 download)

GET BOOK!

Download PDF The Political Economy of Emerging Markets by Richard Westra and published by Taylor & Francis. This book was released on 2017-03-16 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in international economics discourse of the designation "emerging markets" is symptomatic of that interest. The Political Economy of Emerging Markets situates the BRICS phenomena in the global economic context of advanced economies continuing to languish in recession and hovering over a deflationary abyss several years after the meltdown. A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomenon is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by ten leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it. This book is of great importance to those who study political economy, development economics and international political economy.

Download Neoliberalism in Crisis PDF

Neoliberalism in Crisis


Author :
Publisher : Springer
Release Date :
ISBN : 9781137002471
Pages : 268 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.3/5 (247 download)

GET BOOK!

Download PDF Neoliberalism in Crisis by Henk Overbeek and published by Springer. This book was released on 2012-02-29 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors interrogate the condition of the neoliberal project in the wake of the global crisis and neoliberalism's predicted death in 2007, both in terms of the regulatory structures of finance-led capitalism in Europe and North America, and the impact of new centres of capitalist power on global order.

Download Marx, Veblen, and the Foundations of Heterodox Economics PDF

Marx, Veblen, and the Foundations of Heterodox Economics


Author :
Publisher : Routledge
Release Date :
ISBN : 9781317631446
Pages : 342 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.1/5 (144 download)

GET BOOK!

Download PDF Marx, Veblen, and the Foundations of Heterodox Economics by Tae-Hee Jo and published by Routledge. This book was released on 2015-07-30 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry’s contributions in connection to Marx’s and Veblen’s theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx’s and Veblen’s theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry’s heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.

Download The European Economy Since 1945 PDF

The European Economy Since 1945


Author :
Publisher : Princeton University Press
Release Date :
ISBN : 9780691138480
Pages : 521 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.9/5 (848 download)

GET BOOK!

Download PDF The European Economy Since 1945 by Barry Eichengreen and published by Princeton University Press. This book was released on 2008-07-21 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem.

Download Market-Based Banking and the International Financial Crisis PDF

Market-Based Banking and the International Financial Crisis


Author :
Publisher : Oxford University Press
Release Date :
ISBN : 9780199662289
Pages : 262 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.9/5 (228 download)

GET BOOK!

Download PDF Market-Based Banking and the International Financial Crisis by Iain Hardie and published by Oxford University Press. This book was released on 2013-08-29 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume offers a study of national banking systems and explains how banking developed in the years preceding the international financial crisis that erupted in 2007. Its analysis of market-based banking shows the impact of the financial crisis in eleven developed economies, including all of the G7 economies.

Download Growth and Welfare in Advanced Capitalist Economies PDF

Growth and Welfare in Advanced Capitalist Economies


Author :
Publisher : Oxford University Press
Release Date :
ISBN : 9780192635822
Pages : 432 pages
File Format : PDF, EPUB, TEXT, KINDLE or MOBI
Rating : 4.9/5 (582 download)

GET BOOK!

Download PDF Growth and Welfare in Advanced Capitalist Economies by Anke Hassel and published by Oxford University Press. This book was released on 2021-01-14 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth and Welfare in Advanced Capitalist Economies takes stock of the major economic challenges that advanced industrial democracies have faced since the early 1990s and the responses by governments to them. It has three goals: firstly, to further our understanding of how political economies have transformed over the past decades; secondly, to analyse the contribution of governments to these changes, by looking at their growth strategies and thirdly, to highlight and analyse the role of the reforms of welfare systems in this transformative change. In a nutshell, this book maps and provides general understanding of the evolution of growth regimes in advanced capitalist countries. It identifies five main growth regimes in contemporary advanced capitalist economies (three export-led and two domestic demand-led ones). To do so the book combines a supply side approach to economic growth as advocated by the Varieties of Capitalism Literature (OUP, 2001) with a demand side perspective as the recent discussion on growth models has exemplified. It argues that all political economies consist of growth regimes, which are based on a set of institutions that shape the supply side of the economy as well as on demand drivers such as government spending and private consumption. Both supply and demand are heavily shaped by the welfare state which provides for skills through education systems and stimulates demand through high social spending and private pension funds. The book focuses on the analysis of welfare reforms as growth strategies pursued by governments in an era characterised by financialization and the rise of the knowledge economy.