Greek Capitalism In Crisis

Author: Stavros Mavroudeas
Publisher: Routledge
ISBN: 1317756142
Size: 53.80 MB
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Greek Capitalism In Crisis from the Author: Stavros Mavroudeas. Despite the depth of the Greek crisis, the exorbitant burdens placed upon the working people and the massive popular resistance movement to capitalist policies, there is a definite lack of consistently Marxist analyses of the Greek problem. International debates regarding the Greek crisis have been dominated by orthodox (Neoclassical and neo-Keynesian) approaches. The heterodox side of these debates has been occupied by Radical Political Economy approaches (usually radical post-Keynesian or Marxo-Keynesian perspectives). Moreover, they are dominated by the ‘financialisation’ thesis which is quite alien to Marxism, neglects the sphere of production and professes that the global crisis is simply a financial crisis that has nothing to do with ‘real’ accumulation and the profit rate. This book argues that by emphasising the sphere of production and profitability, classical Marxist analysis better explains the Greek crisis than its orthodox and heterodox competitors. The contributors present critiques of the prevalent approaches and offer studies of the Greek crisis that use the methodology and the analytical and empirical tools of classical Marxist Political Economy. In particular, it is shown that the Greek crisis was caused by falling profitability and the ensuing overaccumulation crisis. The ‘broad unequal exchange’ existing between the euro-center and the euro-periphery contributed to Greek capital’s falling profitability. This book enriches the debate about the Greek economic crisis by demonstrating the insights that can be drawn by considering the Marxist alternative to the dominant mainstream and heterodox approaches.

The Great Financial Meltdown

Author: Turan Subasat
Publisher: Edward Elgar Publishing
ISBN: 1784716499
Size: 44.49 MB
Format: PDF
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The Great Financial Meltdown from the Author: Turan Subasat. The Great Financial Meltdown reviews, advocates and critiques the systemic, conjunctural and policy-based explanations for the 2008 crisis. The book expertly examines these explanations to assess their analytical and empirical validity. Comprehensive yet accessible chapters, written by a collection of prominent authors, cover a wide range of political economy approaches to the crisis, from Marxian through to Post Keynesian and other heterodox schools.

Greece In Crisis

Author: Ourania Hatzidaki
Publisher: John Benjamins Publishing Company
ISBN: 9027265682
Size: 76.81 MB
Format: PDF, ePub, Mobi
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Greece In Crisis from the Author: Ourania Hatzidaki. Since its onset, the Greek crisis has given rise to an abundance of relevant text and talk. This volume offers an insider’s view of the discursive manifestations of the crisis, focusing on discourses in the Greek language and by Greek social actors. The contributions investigate the diverse ways in which the crisis has been communicated to the public by domestic policymakers or debated by elite, non-elite and resistant participants. Crisis discourses are also examined in the light of the rise of neo-nationalism and the extreme Right in both Greece and Cyprus. All contributions seek to meaningfully combine critical discourse and corpus linguistics perspectives for a better understanding of the Greek crisis as a socio-economic episode and as a discourse construct. Discourse-driven quantification and corpus-driven quantification complement each other in the critical examination of textual data as diverse as official government communications, party leader speeches, newspaper articles, public assembly resolutions, song lyrics, social media commentary and terrorist proclamations.

The Internal Impact And External Influence Of The Greek Financial Crisis

Author: John Marangos
Publisher: Springer
ISBN: 3319602012
Size: 54.34 MB
Format: PDF
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The Internal Impact And External Influence Of The Greek Financial Crisis from the Author: John Marangos. This contributed volume explores the political economy and socioeconomic aspects of the Greek Financial Crisis both within the country's borders and as part of the global economy. With chapters authored by international experts, this book examines and explicitly deals with specific and important issues that have been ignored by the dominant socioeconomic theory and practice, which have largely focused on the causes and broad economic consequences of the crisis. Discussions include the efficacy of new EU institutions created to address the crisis, the rise of unregistered economic activity, and comparisons with financial crises in countries beyond Europe. This diverse collection argues that the Greek Financial Crisis was not just an economic crisis, but a political and social crisis as well, one with repercussions beyond Europe.

A Triumph Of Failed Ideas European Models Of Capitalism In The Crisis

Author: Steffen Lehndorff
Publisher: ETUI
ISBN: 2874522465
Size: 61.65 MB
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A Triumph Of Failed Ideas European Models Of Capitalism In The Crisis from the Author: Steffen Lehndorff. The current crisis in Europe is being labelled, in mainstream media and politics, as a ‘public debt crisis’. The present book draws a markedly different picture. What is happening now is rooted, in a variety of different ways, in the destabilisation of national models of capitalism due to the predominance of neoliberalism since the demise of the post-war ‘golden age’. Ten country analyses provide insights into national ways of coping – or failing to cope – with the ongoing crisis. They reveal the extent to which the respective socio-economic development models are unsustainable, either for the country in question, or for other countries. The bottom-line of the book is twofold. First, there will be no European reform agenda at all unless each country does its own homework. Second, and equally urgent, is a new European reform agenda without which alternative approaches in individual countries will inevitably be suffocated. This message, delivered by the country chapters, is underscored by more general chapters on the prospects of trade union policy in Europe and on current austerity policies and how they interact with the new approaches to economic governance at the EU level. These insights are aimed at providing a better understanding across borders at a time when European rhetoric is being used as a smokescreen for national egoism.

The Digital Transformation Of The Public Sphere

Author: Athina Karatzogianni
Publisher: Springer
ISBN: 1137504560
Size: 50.82 MB
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The Digital Transformation Of The Public Sphere from the Author: Athina Karatzogianni. Bringing together contributions from the fields of sociology, media and cultural studies, arts, politics, science and technology studies, political communication theory and popular culture studies, this volume engages both with theoretical debates and detailed empirical studies, showcasing how the public sphere is transformed by digital media, and in turn how this digital public sphere shapes and is shaped by debates surrounding crisis, conflict, migration and culture. Case studies from Bulgaria, Nigeria, China, Greece, Italy, Cyprus, UK, Mexico and India are discussed in detail.

Child Poverty Youth Un Employment And Social Inclusion

Author: Maria Petmesidou
Publisher: Columbia University Press
ISBN: 3838269128
Size: 55.91 MB
Format: PDF, ePub
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Child Poverty Youth Un Employment And Social Inclusion from the Author: Maria Petmesidou. Worldwide child and youth poverty remain the biggest barrier to achieving a better life in adulthood. Progress in lifting children out of poverty in the last decades has been slow and limited in the developing world, while the recent global economic crisis has exacerbated child poverty, youth unemployment, and social exclusion in many developed countries. This book critically examines the long-term consequences of growing up poor, the close linkages between deprivation and human rights violations in childhood and adolescence, and their effects on labor market entry and future career in a number of developing and developed countries. Drawing on multiple disciplinary perspectives, it makes a forceful case for the eradication of child poverty to take center stage in the Sustainable Development Goals.

The Political Economy Of Global Capitalism And Crisis

Author: Bill Dunn
Publisher: Routledge
ISBN: 1317751280
Size: 37.66 MB
Format: PDF, ePub, Mobi
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The Political Economy Of Global Capitalism And Crisis from the Author: Bill Dunn. The book provides a theoretically and historically informed analysis of the global economic crisis. It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against jumping too quickly from abstract concepts to a concrete understanding of the crisis. Instead, it uses what Marx described in his notebooks as an ‘obvious’ analytical ordering to progress from a general analysis of economy and society to a discussion of recent economic transformations and the specifics of the crisis and its aftermath.Dunn argues that appropriately reconceived, a critical Marxism can incorporate and enrich rather than rejecting insights from other traditions. He disputes general characterisations of capitalism to the crisis and theories which see finance and the contemporary financial crises as largely detached from other aspects of the economy and society. Providing a thoroughly socialised and historically based account, this book will be vital reading for students and scholars of political economy, international political economy, Marxism, sociology, geography and development studies.

A Political Economy Of Contemporary Capitalism And Its Crisis

Author: Dimitris P Sotiropoulos
Publisher: Routledge
ISBN: 1135037914
Size: 67.48 MB
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A Political Economy Of Contemporary Capitalism And Its Crisis from the Author: Dimitris P Sotiropoulos. 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.

Postcapitalism

Author: Paul Mason
Publisher: Penguin UK
ISBN: 014197530X
Size: 33.83 MB
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Postcapitalism from the Author: Paul Mason. From Paul Mason, the award-winning Channel 4 presenter, Postcapitalism is a guide to our era of seismic economic change, and how we can build a more equal society. Over the past two centuries or so, capitalism has undergone continual change - economic cycles that lurch from boom to bust - and has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason wonders whether today we are on the brink of a change so big, so profound, that this time capitalism itself, the immensely complex system by which entire societies function, has reached its limits and is changing into something wholly new. At the heart of this change is information technology: a revolution that, as Mason shows, has the potential to reshape utterly our familiar notions of work, production and value; and to destroy an economy based on markets and private ownership - in fact, he contends, it is already doing so. Almost unnoticed, in the niches and hollows of the market system, whole swathes of economic life are changing.. Goods and services that no longer respond to the dictates of neoliberalism are appearing, from parallel currencies and time banks, to cooperatives and self-managed online spaces. Vast numbers of people are changing their behaviour, discovering new forms of ownership, lending and doing business that are distinct from, and contrary to, the current system of state-backed corporate capitalism. In this groundbreaking book Mason shows how, from the ashes of the recent financial crisis, we have the chance to create a more socially just and sustainable global economy. Moving beyond capitalism, he shows, is no longer a utopian dream. This is the first time in human history in which, equipped with an understanding of what is happening around us, we can predict and shape, rather than simply react to, seismic change.