Marx's Theory of Crisis

Marx's Theory of Crisis PDF Author: Simon Clarke
Publisher: Springer
ISBN: 134923186X
Category : Social Science
Languages : en
Pages : 301

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Book Description
The theory of crisis has always played a central role within Marxism, and yet has been one of its weakest elements. Simon Clarke's important new book provides the first systematic account of Marx's own writings on crisis, examining the theory within the context of Marx's critique of political economy and of the dynamics of capitalism. The book concentrates on the scientific interpretation and evaluation of the theory of crisis, and will be of interest to mainstream economists, as well as to sociologists, political scientists and students of Marx and Marxism.

Marx's Theory of Crisis

Marx's Theory of Crisis PDF Author: Simon Clarke
Publisher: Springer
ISBN: 134923186X
Category : Social Science
Languages : en
Pages : 301

Get Book Here

Book Description
The theory of crisis has always played a central role within Marxism, and yet has been one of its weakest elements. Simon Clarke's important new book provides the first systematic account of Marx's own writings on crisis, examining the theory within the context of Marx's critique of political economy and of the dynamics of capitalism. The book concentrates on the scientific interpretation and evaluation of the theory of crisis, and will be of interest to mainstream economists, as well as to sociologists, political scientists and students of Marx and Marxism.

Marx's Theory of Crisis

Marx's Theory of Crisis PDF Author: Simon Clarke
Publisher: Palgrave Macmillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
The theory of crisis has always played a central role within Marxism, and yet has been one of the weakest theoretical elements of Marxist political economy, while Marx's own writings on crisis have been neglected. The recent publication of the last important manuscripts makes it possible for the first time to provide a complete and systematic account of Marx's theory of crisis.

World in Crisis

World in Crisis PDF Author: Guglielmo Carchedi
Publisher: Haymarket Books
ISBN: 1608461882
Category : Business & Economics
Languages : en
Pages : 478

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Book Description
Most mainstream economists view capitalism’s periodic breakdowns as nothing more than temporary aberrations from an otherwise unbroken path toward prosperity. For Marxists, this fundamental flaw has long been acknowledged as a central feature of the free-market system. This groundbreaking volume brings together Marxist scholars from around the world to offer an empirically grounded defense of Marx’s law of profitability and its central role in explaining capitalist crises. “World in Crisis has a specific aim: to provide empirical validity to the hypothesis that the cause of recurring economic crises or slumps in output, investment, and employment in modern economies can be found in Marx’s law of the tendential fall in the rate of profit. Marx believed, and we agree, that this is ‘the most important law in political economy.’” —from the preface

Marx’s Capital: An Unfinishable Project?

Marx’s Capital: An Unfinishable Project? PDF Author:
Publisher: BRILL
ISBN: 9004367152
Category : Political Science
Languages : en
Pages : 316

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Book Description
For almost 150 years, scholars have been debating how to interpret Marx’s seminal work Capital while they had access to just some of Marx’s economic manuscripts. This changed in 2013 with the publication of all the known economic writings of Marx and Engels in the Marx-Engels Gesamtausgabe (MEGA). One can now reconstruct the lines of intellectual development, and one can also explore in detail how Friedrich Engels went about compiling volumes II and III of Capital from the vast legacy of manuscripts that Marx left behind after his death in 1883. It should be possible, now, to develop a more comprehensive and accurate picture of Marx as an economic theoretician. This volume of essays aims to initiate this process. Contributors are: Christopher J. Arthur, Matthias Bohlender, Timm Graßmann, Jorge Grespan, Gerald Hubmann, Heinz D. Kurz, Marcel van der Linden, Kenji Mori, Fred Moseley, Lucia Pradella, Geert Reuten, Regina Roth, and Carl-Erich Vollgraf.

Marxism and the Global Financial Crisis

Marxism and the Global Financial Crisis PDF Author: Hillel Ticktin
Publisher: Routledge
ISBN: 1317985621
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
The book discusses the nature of Marxist theory of crisis and applies it to the global financial crisis which began in 2007. Is the contemporary crisis simply the usual periodic upturn and downturn or is there something more fundamental? Is there a structural crisis of capitalism, from which there is no immediate solution? Is capitalism managed and does it have a strategy? Is the financial crisis representative of a failure in capitalism itself to subject banks and other financial institutions to the overall economy? The book discusses Marx’s view on crises, as well as ideas on money and finance. It considers the different modern Marxist ideas on the causes of crises – falling rate of profit, disproportionality and underconsumption. It goes into detail as to the nature of the present crisis, its course and causes in a spirited and independent manner. Apart from the United States, it considers the situation in the two countries, in which protests erupted: Iran and Greece. They are taken as examples of the effect of the crisis on the country, the society and the economy as well as its politics. This book was originally published as a special issue of Critique.

Value and Crisis

Value and Crisis PDF Author: Makoto Itoh
Publisher: Monthly Review Press
ISBN: 1583678999
Category : Political Science
Languages : en
Pages : 304

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Book Description
Analyzes Japanese contributions to Marxist theory Marxist economic thought has had a long and distinguished history in Japan, dating back to the First World War. When interest in Marxist theory was virtually nonexistent in the United States, rival schools of thought in Japan emerged, and brilliant debates took place on Marx’s Capital and on capitalism as it was developing in Japan. Forty years ago, Makoto Itoh’s Value and Crisis began to chronicle these Japanese contributions to Marxist theory, discussing in particular views on Marx’s theories of value and crisis, and problems of Marx’s theory of market value. Now, in a second edition of his book, Itoh deepens his study Marx’s theories of value and crisis, as an essential reference point from which to analyze the multiple crises that have arisen during the past four decades of neoliberalism. One contribution of the original Value and Crisis was to bridge Japan and the world in the field of Marxian political economy. Itoh’s second edition demonstrates an even wider-ranging familiarity with major schools of Marxist thought, summarizing and assessing viewpoints of such theorists as Hilferding, Bauer, Kautsky, Bukharin, Luxemburg, Grossman, Sweezy, the Japanese Marxist Kozo Uno, together with the relevant parts of Capital and a section on the 1930’s Great Depression. Given today’s current emergencies of world capitalism and socialism, says Itoh, we need to work together to resolve new global problems, articulating new issues of Marx’s theories of value and crisis. The promise of Marx’s theories has not waned. If anything—given the failure of Soviet-style socialism and the catastrophe of neoliberalism—it grows daily.

Crisis and Change Today

Crisis and Change Today PDF Author: Peter Knapp
Publisher: Rowman & Littlefield Publishers
ISBN: 1442208236
Category : Political Science
Languages : en
Pages : 389

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Book Description
Crisis and Change Today provides a solid introduction to Marxist social theory. The work's unique voice is expressed in its Socratic-dialogic approach, structured around forty questions that students have about society and social change. Topics range from theories of history, economics, unemployment, racial oppression, the state, fascism, the collapse of the Soviet bloc, and points of convergence and difference between the dialectical approach and other approaches to social science. The content and tone of the work invites students to evaluate various traditional and current explanations of social institutions and social processes and encourages them to weigh the debates and investigate further. The first edition was very well received (Distinguished Scholarship Award of the Section on Marxist Sociology of the ASA), and the second edition has been thoroughly revised and updated to be relevant for students today. Though the first edition was written during the wake of the fall of the Berlin Wall and the collapse of the Soviet Union, the growing gap between the rich and the poor and the economic crisis have generated more interest in using Marxist analysis both as a tool to analyze and understand capitalism and the weaknesses of past Marxist praxis.

Following Marx

Following Marx PDF Author: Michael A. Lebowitz
Publisher: BRILL
ISBN: 9004149422
Category : Political Science
Languages : en
Pages : 389

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Book Description
Combining Marxa (TM)s focus upon the totality (and its appearance as capitals in competition) with specific applications in political economy, "Following Marx" demonstrates how the failure to understand Marxa (TM)s method has led astray many who consider themselves Marxists.

Theory of Crisis

Theory of Crisis PDF Author: Uno Kōzō
Publisher: BRILL
ISBN: 9004249575
Category : Political Science
Languages : en
Pages : 228

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Book Description
Kōzō Uno’s Theory of Crisis presents an unparalleled and systematic demonstration of the inevitability of crisis under the capitalist mode of production. Based on a radical re-interpretation of Marx’s Capital, Uno’s theory of crisis emphasizes ‘excess capital alongside surplus populations’ and ‘the commodi fication of labour power’ at the heart of Marx’s theory of crisis, and additionally provides a concise overview of capitalist crises from the stage of mercantilism to the imperialist stage of capitalism. Included are two Appendix essays by Uno, which disentangle theoretical di fficulties related to the theory of crisis in Marx’s Capital, and two original and contemporary essays by Professors Makoto Itoh and by Ken Kawashima and Gavin Walker. This book was originally published in Japanese as Kyōkō-ron by Iwanami Shoten, 1953.

Credit and Crisis from Marx to Minsky

Credit and Crisis from Marx to Minsky PDF Author: Jan Toporowski
Publisher: Edward Elgar Publishing
ISBN: 1788972155
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
This timely book studies the economic theories of credit cycles and disturbances in the 20th century, presenting a nuanced view of the role of finance in the economy after the financial crash of 2008. Focusing on the work of economists from Marx onwards, Jan Toporowski moves beyond conventional monetary theory to offer an insightful critical alternative to current financial macroeconomics.