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Author: Gérard Duménil
Publisher: Harvard University Press
ISBN: 0674049888
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
This book examines “the great contraction” of 2007–2010 within the context of the neoliberal globalization that began in the early 1980s. This new phase of capitalism greatly enriched the top 5 percent of Americans, including capitalists and financial managers, but at a significant cost to the country as a whole. Declining domestic investment in manufacturing, unsustainable household debt, rising dependence on imports and financing, and the growth of a fragile and unwieldy global financial structure threaten the strength of the dollar. Unless these trends are reversed, the authors predict, the U.S. economy will face sharp decline.Summarizing a large amount of troubling data, the authors show that manufacturing has declined from 40 percent of GDP to under 10 percent in thirty years. Since consumption drives the American economy and since manufactured goods comprise the largest share of consumer purchases, clearly we will not be able to sustain the accumulating trade deficits.Rather than blame individuals, such as Greenspan or Bernanke, the authors focus on larger forces. Repairing the breach in our economy will require limits on free trade and the free international movement of capital; policies aimed at improving education, research, and infrastructure; reindustrialization; and the taxation of higher incomes.
Author: Gérard Duménil
Publisher: Harvard University Press
ISBN: 0674049888
Category : Business & Economics
Languages : en
Pages : 400
Get Book Here
Book Description
This book examines “the great contraction” of 2007–2010 within the context of the neoliberal globalization that began in the early 1980s. This new phase of capitalism greatly enriched the top 5 percent of Americans, including capitalists and financial managers, but at a significant cost to the country as a whole. Declining domestic investment in manufacturing, unsustainable household debt, rising dependence on imports and financing, and the growth of a fragile and unwieldy global financial structure threaten the strength of the dollar. Unless these trends are reversed, the authors predict, the U.S. economy will face sharp decline.Summarizing a large amount of troubling data, the authors show that manufacturing has declined from 40 percent of GDP to under 10 percent in thirty years. Since consumption drives the American economy and since manufactured goods comprise the largest share of consumer purchases, clearly we will not be able to sustain the accumulating trade deficits.Rather than blame individuals, such as Greenspan or Bernanke, the authors focus on larger forces. Repairing the breach in our economy will require limits on free trade and the free international movement of capital; policies aimed at improving education, research, and infrastructure; reindustrialization; and the taxation of higher incomes.
Author: Philip Mirowski
Publisher: Verso Books
ISBN: 1781683026
Category : Political Science
Languages : en
Pages : 497
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Book Description
At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. Yet in the harsh light of a new day, attacks against government intervention and the global drive for austerity are as strong as ever. Never Let a Serious Crisis Go to Waste is the definitive account of the wreckage of what passes for economic thought, and how neoliberal ideas were used to solve the very crisis they had created. Now updated with a new afterword, Philip Mirowski’s sharp and witty work provides a roadmap for those looking to escape today’s misguided economic dogma.
Author: Hilary Appel
Publisher: Cambridge University Press
ISBN: 1108422292
Category : Political Science
Languages : en
Pages : 257
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Book Description
Explains the surprising endurance of neoliberal policymaking over two decades in post-Communist countries, from 1989-2008, and its decline after the financial crash.
Author: John L. Campbell
Publisher: Princeton University Press
ISBN: 9780691070872
Category : Business & Economics
Languages : en
Pages : 308
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Book Description
This volume brings four of the various schools of institutional analysis together: rational choice, organisational, historical, and discursive institutionalism, to examine the rise of neoliberalism.
Author: Damien Cahill
Publisher: John Wiley & Sons
ISBN: 0745695566
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
For over three decades neoliberalism has been the dominant economic ideology. While it may have emerged relatively unscathed from the global financial crisis of 2007-8, neoliberalism is now - more than ever - under scrutiny from critics who argue that it has failed to live up to its promises, creating instead an increasingly unequal and insecure world. This book offers a nuanced and probing analysis of the meaning and practical application of neoliberalism today, separating myth from reality. Drawing on examples such as the growth of finance, the role of corporate power and the rise of workfare, the book advances a balanced but distinctive perspective on neoliberalism as involving the interaction of ideas, material economic change and political transformations. It interrogates claims about the impending death of neoliberalism and considers the sources of its resilience in the current climate of political disenchantment and economic austerity. Clearly and accessibly written, this book will be a valuable resource for students and scholars across the social sciences.
Author: Alfredo Saad-Filho
Publisher: Springer Nature
ISBN: 3030816087
Category : Business & Economics
Languages : en
Pages : 246
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Book Description
This book offers an analysis of the causes, development, and likely consequences of the Covid-19 pandemic for global neoliberalism. The analysis will draw upon the author’s previous work on neoliberalism, and on its twin crises: the economic crisis (the Global Financial Crisis (GFC), ongoing since 2007) and, subsequently, the crisis of political democracy that has been associated with the rise of ‘spectacular’ authoritarian leaders in several countries. The approach is grounded on Marxist political economy. The book argues that the Covid-19 pandemic emerges out of this context of deep inequalities and crises in the economy and in politics, and it is likely to reinforce the exclusionary tendencies of neoliberalism, with detrimental implications both for economic prosperity and for democracy. In turn, the pandemic has revealed the limitations of neoliberalism like never before, with implications for the legitimacy of capitalism itself, and opening unprecedented spaces for the left. This book will be of interest to academics in economics, international relations, political science, political economy, sociology and development studies.
Author: Benjamin Holtzman
Publisher: Oxford University Press, USA
ISBN: 0190843705
Category : History
Languages : en
Pages : 353
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Book Description
Low-income housing in crisis -- From renters to owners -- Remaking public parks -- Patrolling city streets -- The trouble with development -- The governance of homelessness and public space.
Author: Ignacio Aguiló
Publisher: University of Wales Press
ISBN: 1786832224
Category : Literary Criticism
Languages : en
Pages : 251
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Book Description
•It analyses culture during the Argentinian crisis from an interdisciplinary angle (literature, cinema, art and music). •Wide-ranging material: ‘highbrow’ art (Leonel Luna), popular culture (cumbia villera), cultural products that challenge these distinctions (César Aira, Martín Rejtman), and political art (Grupo de Arte Callejero). •The only book in English to focus comprehensively on race and nation in contemporary Argentina from a cultural studies perspective. •A broad understanding of the crisis (late 1990s to mid-2000s), which implies a more comprehensive account of this event. •Due to its analysis of white middle-class identity in Argentina, the book is also a contribution to the emerging field of whiteness studies in Latin America. •The book looks at a trend that would eventually affect the US and Europe in the aftermath of the 2008 financial crisis: how disaffection caused by neoliberalism triggered in people a concern with national identity which, in many cases, led to a rise of nativism and racism (e.g. Brexit, Trump’s election).
Author: Yildiz Atasoy
Publisher: Routledge
ISBN: 1134026781
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
Offering a unique opportunity to make conceptual connections between neoliberalism and political authority, this book examines the transformation in the world economy as an outcome of historically specific social relations.
Author: Veronica Gago
Publisher: Verso Books
ISBN: 1788739698
Category : Social Science
Languages : en
Pages : 289
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Book Description
Leader of Latin America’s powerful new women’s movement rethinks the meaning of feminist politics Recent years have seen massive feminist mobilizations in virtually every continent, overturning social mores and repressive legislation. In this brilliant and original look at the emerging feminist international, Verónica Gago explores how the women’s strike, as both a concept and collective experience, may be transforming the boundaries of politics as we know it. At once a gripping political analysis and a theoretically charged manifesto, Feminist International draws on the author’s rich experience with radical movements to enter into ongoing debates in feminist and Marxist theory: from social reproduction and domestic work to the intertwining of financial and gender violence, as well as controversies surrounding the neo-extractivist model of development, the possibilities and limits of left populism, and the ever-vexed nexus of gender-race-class. Gago asks what another theory of power might look like, one premised on our desire to change everything.
