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David M Kotz - One of the best experts on this subject based on the ideXlab platform.

  • The current financial and economic Crisis and the prospects for the socialist movement
    International Critical Thought, 2011
    Co-Authors: David M Kotz
    Abstract:

    Drawing on the social structure of accumulation theory, this article presents a case that the Crisis that began in 2008 is not just a financial Crisis or a recession. This Crisis is a structural Crisis of Capitalism, of the type that arose in the 1930s and again in the 1970s. This implies that major economic restructuring is required to overcome stagnation of the economy. The article considers several possible forms of restructuring, including the construction of fascist, corporatist, or social-democratic Capitalism, as well as the possibility of a transition to socialism.

  • the final conflict what can cause a system threatening Crisis of Capitalism
    Science & Society, 2010
    Co-Authors: David M Kotz
    Abstract:

    THE THEORY of ECONOMIC Crisis has long occupied an important place in Marxist theory. One reason is the belief that a severe economic Crisis can play a key role in the supersession of Capitalism and the transition to socialism. Some early Marxist writers sought to develop a breakdown theory of economic Crisis, in which an absolute barrier is identified to the reproduction of Capitalism.1 However, one need not follow such a mechanistic approach to regard economic Crisis as central to the problem of transition to socialism. It seems highly plausible that a severe and long-lasting Crisis of accumulation would create conditions that are potentially favorable for a transition, although such a Crisis is no guarantee of that outcome.2 Marxist analysts generally agree that Capitalism produces two qualitatively different kinds of economic Crisis. One is the periodic business cycle recession, which is resolved after a relatively short period by the normal mechanisms of a capitalist economy, although since World War II government monetary and fiscal policy has often been employed to speed the end of the recession. The second is a long-lasting economic Science & Society, Vol. 74, No. 3, July 2010, 362–379

Elinor Scarbrough - One of the best experts on this subject based on the ideXlab platform.

  • West European welfare states: The old politics of retrenchment
    European Journal of Political Research, 2000
    Co-Authors: Elinor Scarbrough
    Abstract:

    Analysing endeavours to restructure welfare provision,Paul Pierson proposes that the `politics of retrenchment' is very differentfrom the politics of welfare expansion. In particular, the difficulties of welfare retrenchment are not to be explained by existing theories of welfare expansion; and the `old' politics ofwelfare expansion has little to offer in explaining the`new' politics of welfare retrenchment. This article questions these claims. First, contemporary societaldevelopments are considered in the light of three majortheories advanced to explain the emergence of welfare states in Western Europe:the logic-of-industrialism, the Crisis of Capitalism, and nation-building. Secondly,focusing on trade unions,mainstream left parties, and traditions of governance,the current status of the political forces regarded as vital in buildingwelfare states is assessed. The conclusion drawn is that the resilience of thewelfare state in Western Europe lies less in the `new' politics of `policy lockin' and `client interest groups' than in the persistence of the `old' forces that led to the founding and expansion ofwelfare states.

Albena Azmanova - One of the best experts on this subject based on the ideXlab platform.

  • Anti-Capital for the XXIst Century (on the metaCrisis of Capitalism and the prospects for radical politics):
    Philosophy & Social Criticism, 2020
    Co-Authors: Albena Azmanova
    Abstract:

    Using the temperate nature of recent social protest as its entry point, this analysis investigates the current state of liberal democracies as one in which the purported Crisis of Capitalism has en...

  • The Crisis of 'the Crisis of Capitalism'
    2015
    Co-Authors: Albena Azmanova
    Abstract:

    Where is the coveted, prophesied, dreaded Crisis of Capitalism? Why has the economic and social turmoil that recently afflicted Western democracies triggered such faint attempts to replace the apparently moribund socio-economic model? The alleged Crisis of Capitalism, I claim, has been a catalyst in the metamorphosis of neoliberal Capitalism – a transmutation that began well before the recent economic meltdown and in many ways triggered it. This has led to the emergence of a fourth historical modality of Capitalism, which I call ‘aggregative Capitalism’ (after the entrepreneurial nineteenth-century Capitalism, the ‘organized’ Capitalism of the post-WWII welfare state, and the neoliberal, ‘disorganized’ Capitalism of the late twentieth century). In this lecture, I trace the features of this new form of Capitalism and the dynamics that activate it. Based on a public lecture at the London School of Economics (4 Nov. 2014) and University of California, Berkeley (22 Jan. 2015).

  • Crisis? Capitalism is Doing Very Well. How is Critical Theory?
    Constellations, 2014
    Co-Authors: Albena Azmanova
    Abstract:

    There is no Crisis of Capitalism, only a Crisis of critique. I claim that Critical Social Theory of Frankfurt School origins does stand guilty of a failure to develop a body of valiant critique of the political economy of neoliberal Capitalism in the course of the latter’s ascent in the 1980s and 1990s. The first part of my analysis addresses the Crisis of Capitalism as a distinct object of critique, in order to identify the direction a critique of contemporary Capitalism is to take. The second part examines the analytical equipment at Critical Theory’s disposal for undertaking such an endeavor. Within an inventory of some of the key achievements of the tradition both in terms of its object and method of critique, some conceptual deficiencies are identified – namely, the reduced attention to what I describe as “systemic domination,” and the diminished reliance on a critique of the political economy of Capitalism. The third part adumbrates a proposal for recasting Critical Theory by way of (a) redefining the normative content of emancipation; (b) effecting a realist-pragmatic turn within the communicative turn; (c) bringing the critique of political economy back into critical social theory.

L. Vasapollo - One of the best experts on this subject based on the ideXlab platform.

  • Crisis of Capitalism
    2011
    Co-Authors: L. Vasapollo
    Abstract:

    Acknowledgements Introduction: Economics between Science and 'Non-Science' in the Current Crisis of the Capitalist System PART I: A CRITIQUE of BASIC ECONOMIC CATEGORIES 1. Economic Theory from Utopian Socialism to Marx 2. The Production Process PART II: CATEGORIES AND DYNAMICS of THE Capitalism SYSTEM AND ITS CRISES 3. The Basics of National Accounting 4. A Critique of National Accounting PART III: A CRITIQUE of ECONOMICS AS APPLIED TO THE STRUCTURE of MANAGEMENT: THE ENTERPRISE SYSTEM AND THE PUBLIC ADMINISTRATION SYSTEM 5. A Critical Theory of the Enterprise 6. The Enterprise and the Microeconomics of Socialism 7. Socialist Public Administration PART IV: A CRITIQUE of ECONOMICS AS APPLIED TO ECONOMIC SYSTEMS: REGULATION AND PLANNING 8. A Critique of the Theory of Hegemonic Liberalism and the Paradigms of Financialization 9. The Objectives of the Socialist Economic Model PART V: A CRITIQUE of ECONOMICS AS APPLIED TO THE WORLD-SYSTEM: OPEN ECONOMY AND IMPERIALISM 10. International Trade and Imperialism 11. International Economic Relations Since the Theory of Imperialism 12. Imperialism and International Trade in Action PART VI: SCENARIOS FROM THE SYSTEMIC Crisis AND THE VALIDITY of MARX'S SCIENTIFIC ANALYSIS 13. The Post-Fordist Paradigm and the New Industrial Revolution 14. Socio-Productive Configuration of Knowledge Economies 15. The Dynamics and Implementation of Economic Policies in the Global Competition 16. The New Composition of the World of Labour and the Construction of an Anticapitalist Social Block PART VII: CAPITAL AGAINST NATURE 17. How Capital Destroys Humanity 18. Market 'Sustainable Development' in the Dynamics of the Quantitative Development of Capital 19. Capital Destroys and then Measures 20. 'Clean' Energies of Capitalism: Agro-Fuels and Planned Crimes Against Humanity 21. Brief Conclusions: The Struggles of Grassroots Movements and an Economic Socio-Ecological Political Theory for a Development Outside the Market PART VIII: CURRENT TRENDS: FROM QUANTITATIVE GROWTH TO THE STRUCTURAL AND SYSTEMIC Crisis of CAPITALIST PRODUCTION 22. Capitalist Accumulation and its Crises 23. The Economies' Cyclical Behavior After WWII 24. An Attempt to Exit the Structural and Systemic Crisis: A Radical Alternative is the Solution Bibliography Index

  • Crisis of Capitalism - How Capital Destroys Humanity
    Crisis of Capitalism, 1
    Co-Authors: Barbato Alessandra, L. Vasapollo
    Abstract:

    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.

  • Crisis of Capitalism - Capital Destroys and then Measures
    Crisis of Capitalism, 1
    Co-Authors: Barbato Alessandra, L. Vasapollo
    Abstract:

    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.

  • Crisis of Capitalism - Capitalist Accumulation And Its Crises
    Crisis of Capitalism, 1
    Co-Authors: Barbato Alessandra, L. Vasapollo
    Abstract:

    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.

  • Crisis of Capitalism - The Economies’ Cyclical Behavior After WWII
    Crisis of Capitalism, 1
    Co-Authors: Barbato Alessandra, L. Vasapollo
    Abstract:

    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.

Jorge Resina De La Fuente - One of the best experts on this subject based on the ideXlab platform.