Money, Accumulation and Crisis

Money, Accumulation and Crisis PDF Author: D. Foley
Publisher: Taylor & Francis
ISBN: 1136462988
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Money, Accumulation and Crisis

Money, Accumulation and Crisis PDF Author: D. Foley
Publisher: Taylor & Francis
ISBN: 1136462988
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Money, Accumulation and Crisis

Money, Accumulation and Crisis PDF Author: Duncan K. Foley
Publisher: Psychology Press
ISBN: 9780415269841
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Finance, Accumulation and Monetary Power

Finance, Accumulation and Monetary Power PDF Author: Daniel Woodley
Publisher: Routledge
ISBN: 1000691640
Category : Political Science
Languages : en
Pages : 265

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Book Description
This accessible yet rigorous book examines the development of ‘financial socialism’ in advanced capitalist economies in the decade since the global financial crisis of 2007–2009. This new term refers to an attempt to resolve the accumulation crisis of capital through coordinated central bank activism, where state circuits of monetary capital assume a critical role in the reproduction of capitalist social relations. The book explains the dynamics of the crisis as it has developed and assesses the response of monetary elites to systemic financial risk in the global economy. Their failure to re-engineer growth following the technology boom of the late 1990s and the global financial crisis are driving fundamental changes in the form and function of capitalist money, which have yet to be theorized adequately. Finance, Accumulation and Monetary Power presents a revealing and radical critique of the failure of the International Political Economy to apprehend changes taking place within capitalism, employing a critical-theoretical analysis of contradictions in the capitalist reproduction scheme. The book will be of key interest to scholars, students and readers of international political economy, critical political economy, heterodox economics, globalization, international relations, international political sociology, business studies and finance.

Accumulation Crisis

Accumulation Crisis PDF Author: James O'Connor
Publisher:
ISBN:
Category :
Languages : en
Pages : 261

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Book Description


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
Based on Marx’s Capital, Uno Kōzō’s Theory of Crisis provides a rigorous exposition of the necessity of crisis of the capitalist mode of production from the perspectives of “excess capital alongside surplus populations”.

Money, Finance, and Capitalist Crisis

Money, Finance, and Capitalist Crisis PDF Author: Nobuharu Yokokawa
Publisher: Routledge
ISBN: 1000589498
Category : Business & Economics
Languages : en
Pages : 113

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Book Description
Extraordinary growth of the financial relative to the nonfinancial sector has marked the development of mature capitalism during the last four decades. The changing balance between the two sectors has altered the outlook of the economy and facilitated the spread of financial concerns, practices, and outlooks across society. The result has been the gradual transformation of contemporary capitalism – namely, its financialization since the late 1970s. There are similarities between the Marxian, the Post-Keynesian and other heterodox approaches to analyzing the profound changes in money and finance in the global economy since the 1980s. Prominent among them is a common focus on financialization but also on the limits of monetary policy, the transformation of banking, the tendency to crisis related to financial excess, and the problematic role of neoliberalism in finance. Furthermore, the complexity of the interrelationship between finance and the rest of the economy has increased since the great crisis of 2007-9. This book tackles several of these developments as well as engaging in debate among different currents of heterodox economics. The chapters in this book were originally published in The Japanese Political Economy.

The unity of the capitalist economy and state

The unity of the capitalist economy and state PDF Author: Geert Reuten
Publisher: BRILL
ISBN: 9004392807
Category : Political Science
Languages : en
Pages : 737

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Book Description
In The unity of the capitalist economy and state, Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity. In its critique of contemporary economics, the book argues that in order to comprehend the capitalist system, one requires a full synthetic exposition of the economic and state institutions and processes necessary for its continued existence. A synthetic approach also reveals a range of components that are often obscured by partial analyses. In its systematic character, Reuten’s work takes inspiration from Marx’s provisional outline of the capitalist system in Capital, while also addressing fields that Marx left unfinished – such as the capitalist state.

People, Money and Power in the Economic Crisis

People, Money and Power in the Economic Crisis PDF Author: Keith Hart
Publisher: Berghahn Books
ISBN: 1782384685
Category : Social Science
Languages : en
Pages : 246

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Book Description
The Cold War was fought between “state socialism” and “the free market.” That fluctuating relationship between public power and private money continues today, unfolding in new and unforeseen ways during the economic crisis. Nine case studies -- from Southern Africa, South Asia, Brazil, and Atlantic Africa – examine economic life from the perspective of ordinary people in places that are normally marginal to global discourse, covering a range of class positions from the bottom to the top of society. The authors of these case studies examine people’s concrete economic activities and aspirations. By looking at how people insert themselves into the actual, unequal economy, they seek to reflect human unity and diversity more fully than the narrow vision of conventional economics.

Crises of Global Economies and the Future of Capitalism

Crises of Global Economies and the Future of Capitalism PDF Author: Kiichirō Yagi
Publisher: Routledge
ISBN: 0415687330
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
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.

Financial Economy

Financial Economy PDF Author: Smita Roy Trivedi
Publisher: Taylor & Francis
ISBN: 1351233211
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
This book examines how contemporary financial economy evolved as the predominant economic system, and why unabated accumulation of financial capital takes place in such systems. It reviews the mechanics of accumulation of wealth by tracing the historical roots of financial capital. Traversing the evolutions of capitalist systems since the 1850s till recent times, Financial Economy provides a lucid and logical explanation of the phenomenon. It uses a new methodology based on economic circuit of stocks and flows following the early ideas of the French economists of the 18th century and the contemporary Circuit school. It provides an alternative framework for studying economic systems design, keeping aside the orthodox neoclassical analysis of equilibrium market exchange. Further, it highlights the global financial circuit, the state of the current digitalised economy with electronic money transfers, consumer’s decision-making and expected future earnings, and questions the relevance of some fundamental concepts of economics as well as economic policies. Using a notion of sequential economy, it also shows how present economic activities are treading upon the future. This book will interest students and researchers of advanced macroeconomics, political economy, heterodox economics, economic history, and evolutionary economics. The historical account of the evolutions of capital, interest, and corporate structures will also be of interest to general readers.