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.

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Yes, you can access Crises of Global Economy and the Future of Capitalism by Kiichiro Yagi,Nobuharu Yokokawa,Hagiwara Shinjiro,Gary Dymski in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.

Information

Publisher

Routledge

Year

2013

ISBN

9781135101657

Edition

Topic

Economics

Subtopic

Economic Theory

Index

Economics

Cover Page
Half Title page
Series page
Title Page
Copyright Page
Contents
List of figures
List of tables
Notes on contributors
Preface
Introduction
Part I Mechanisms of the 2008 crisis and their consequences
Part II Regimes of capitalism
Part III Global reconfiguration of capitalism
Index