Crises of Global Economy and the Future of Capitalism: An Insight into the Marx's Crisis Theory (Routledge Studies In The Modern World Economy)

By: and and and

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Synopsis
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.
Copyright:
2013

Book Details

Book Quality:
Publisher Quality
Book Size:
296 Pages
ISBN-13:
9781135101657
Related ISBNs:
9780203072950, 9780415687331, 9780415705882
Publisher:
Taylor and Francis
Date of Addition:
Copyrighted By:
selection and editorial matter, Kiichiro Yagi, Nobuharu Yokokawa, Shinjiro Hagiwara and Gary A. Dymski
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
Nonfiction, Business and Finance
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.
Edited by:
Kiichiro Yagi
Edited by:
Nobuharu Yokokawa
Edited by:
Hagiwara Shinjiro
Edited by:
Gary Dymski

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