The Structural Crisis Of Capital

Author: Istvan Meszaros
Publisher: NYU Press
ISBN: 1583674969
Size: 35.17 MB
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The Structural Crisis Of Capital from the Author: Istvan Meszaros. In this collection of trenchant essays and interviews, István Mészáros, the world’s preeminent Marxist philosopher and winner of the 2008 Libertador Award for Critical Thought (the Bolivar Prize), lays bare the exploitative structure of modern capitalism. He argues with great power that the world’s economies are on a social and ecological precipice, and that unless we take decisive action to radically transform our societies we will find ourselves thrust headfirst into barbarism and environmental catastrophe. Mészáros, however, is no pessimist. He believes that the multiple crises of world capitalism will encourage the working class to demand center stage in the construction of a new system of production and distribution designed to meet human needs rather than serve the relentless pursuit of profit—a struggle which is already underway in places such as Venezuela. As John Bellamy Foster says in the foreword to this indispensable book, “Today the structural crisis of capital provides the historical setting for a new revolutionary movement for social emancipation in which developments normally taking centuries would flit by like phantoms in decades or even years. But the force for such necessary, vital change, remains with the people themselves, and rests on humanity’s willingness to constitute itself as both subject and object of history, through the collective struggle to create a just and sustainable world. This, Mészáros insists, constitutes the unprecedented challenge and burden of our historical time.”

The Necessity Of Social Control

Author: Istvan Meszaros
Publisher: NYU Press
ISBN: 1583675396
Size: 18.28 MB
Format: PDF, Kindle
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The Necessity Of Social Control from the Author: Istvan Meszaros. As John Bellamy Foster writes in his foreword to the present book, “István Mészáros is one of the greatest philosophers that the historical materialist tradition has yet produced. His work stands practically alone today in the depth of its analysis of Marx’s theory of alienation, the structural crisis of capital, the demise of Soviet-style post-revolutionary societies, and the necessary conditions of the transition to socialism. His dialectical inquiry into social structure and forms of consciousness—a systematic critique of the prevailing forms of thought—is unequaled in our time.” Mészáros is the author of magisterial works like Beyond Capital and Social Structures of Forms of Consciousness, but his work can seem daunting to those unacquainted with his thought. Here, for the first time, is a concise and accessible overview of Mészáros’s ideas, designed by the author himself and covering the broad scope of his work, from the shortcomings of bourgeois economics to the degeneration of the capital system to the transition to socialism.

The Enigma Of Capital

Author: David Harvey
Publisher: Oxford University Press
ISBN: 9780199779567
Size: 25.24 MB
Format: PDF
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The Enigma Of Capital from the Author: David Harvey. For over forty years, David Harvey has been one of the world's most trenchant and critical analysts of capitalist development. In The Enigma of Capital, he delivers an impassioned account of how unchecked neoliberalism produced the system-wide crisis that now engulfs the world. Beginning in the 1970s, profitability pressures led the capitalist class in advanced countries to shift away from investment in industrial production at home toward the higher returns that financial products promised. Accompanying this was a shift towards privatization, an absolute decline in the bargaining power of labor, and the dispersion of production throughout the developing world. The decades-long and ongoing decline in wages that accompanied this turn produced a dilemma: how can goods--especially real estate--sell at the same rate as before if workers are making less in relative terms? The answer was a huge expansion of credit that fueled the explosive growth of both the financial industry and the real estate market. When one key market collapsed--real estate--the other one did as well, and social devastation resulted. Harvey places today's crisis in the broadest possible context: the historical development of global capitalism itself from the industrial era onward. Moving deftly between this history and the unfolding of the current crisis, he concentrates on how such crises both devastate workers and create openings for challenging the system's legitimacy. The battle now will be between the still-powerful forces that want to reconstitute the system of yesterday and those that want to replace it with one that prizes social justice and economic equality. The new afterword focuses on the continuing impact of the crisis and the response to it in 2010. One of Huffington Post's Best Social and Political Awareness Books of 2010 Winner of the Isaac and Tamara Deutscher Memorial Prize for 2010 Praise for the Hardcover: "A lucid and penetrating account of how the power of capital shapes our world." --Andrew Gamble, Independent "Elegant... entertainingly swashbuckling... Harvey's analysis is interesting not only for the breadth of his scholarship but his recognition of the system's strengths." --John Gapper, Financial Times

Marxism And The Global Financial Crisis

Author: Hillel Ticktin
Publisher: Routledge
ISBN: 1317985621
Size: 68.23 MB
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Marxism And The Global Financial Crisis from the Author: Hillel Ticktin. 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.

Against Capital

Author: Cliff Slaughter
Publisher: John Hunt Publishing
ISBN: 1785350951
Size: 17.48 MB
Format: PDF
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Against Capital from the Author: Cliff Slaughter. ‘The problem is not how to manage the capital system, but to get rid of it’. And who will do the job? These are the questions posed at the start of Cliff Slaughter’s latest book. Recognising the importance of István Mészáros’s analysis - in Beyond Capital (1995) and other books - of the historic, ‘structural crisis’ that has taken capital into its stage of ‘destructive self-reproduction’, Against Capital focuses on the crucial question of agency. Today, when there are fundamental disjunctures between the globalised economy, the means of social control and political and state structures, what are we to make of Marx’s conclusion that the working class - capital’s only structural antagonist - is ‘the gravedigger’ of capitalism? And what are the implications for this of the information revolution, the changing composition of the working class, and the emergence of new forms of oppositional organisation, with young people to the fore? Slaughter assembles contributions by participants in recent movements in South Africa, Britain, Spain, Mexico, countries in the former Soviet zone and - in a major contribution from Yassamine Mather - the Middle East. He offers an extended critique of ‘vanguardist’ conceptions such as Trotsky’s ‘the crisis of humanity is reduced to the crisis of working-class revolutionary leadership’ and Kautsky’s and the early Lenin’s formulation that socialist consciousness must be brought to the working class ‘from the outside’. Finally, Against Capital examines the necessary theoretical foundations of a rebuilt working-class movement, with special attention to the concepts of class-consciousness and the relation between theory and practice. This book is a compelling and distinctive contribution to recent debates encompassing works such as Thomas Piketty’s Capital in the Twenty-First Century (2014) and Paul Mason’s PostCapitalism (2015).

Crisis Of Capitalism

Author: Luciano Vasapollo
Publisher: BRILL
ISBN: 9004210334
Size: 58.90 MB
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Crisis Of Capitalism from the Author: Luciano Vasapollo. This book provides a comprehensive methodological and philosphical inquiry into, and a comprehensive scientific analysis of, the fundamental economic dynamics of capitalism as a world system.

Crises Of Global Economy And The Future Of Capitalism

Author: Kiichiro Yagi
Publisher: Routledge
ISBN: 1135101655
Size: 17.23 MB
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Crises Of Global Economy And The Future Of Capitalism from the Author: Kiichiro Yagi. 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.

The Global Capitalist Crisis And Its Aftermath

Author: Berch Berberoglu
Publisher: Routledge
ISBN: 1351888919
Size: 10.76 MB
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The Global Capitalist Crisis And Its Aftermath from the Author: Berch Berberoglu. Written by a team of experts on the contemporary global capitalist political economy who are able to shed light on the inner workings of global capitalism and the capitalist globalization process that has led to the growth and development of capitalism from the national to the global level, this groundbreaking volume provides critical analyses of the causes and consequences of the Great Recession of 2008-2009. Through a careful examination of the origin, development and aftermath of the catastrophic economic crisis from which the world is still trying to recover, editor Berch Berberoglu and his colleagues demonstrate that those most responsible for the economic collapse are the ones least affected by its devastating impact felt most severely by working people around the world. Ultimately, this book argues that it is only through the systematic restructuring of the world economy by the working class that society will be able to prevent the boom and bust cycle of global capitalist crises and usher in a more egalitarian socialist economy and society.

The Meanings Of Work

Author: Ricardo Antunes
Publisher: BRILL
ISBN: 9004234594
Size: 54.71 MB
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The Meanings Of Work from the Author: Ricardo Antunes. Contrary to the affirmation of the end of labour, The Meanings of Work explore the complexity of the working class today; the sexual division of labour and transversalities between the dimensions of class and gender; globalisation of capital and labour.

Global Capitalism And The Crisis Of Humanity

Author: William I. Robinson
Publisher: Cambridge University Press
ISBN: 1107067472
Size: 37.26 MB
Format: PDF, ePub
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Global Capitalism And The Crisis Of Humanity from the Author: William I. Robinson. This book discusses the nature of the new global capitalism, the rise of a globalized production and financial system, a transnational capitalist class, and a transnational state and warns of the rise of a global police state to contain the explosive contradictions of a global capitalist system that is crisis-ridden and out of control.