This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the 'neoliberal' or 'free-market' form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the US economy as well as that of several parts of the developing world.
This work provides articles advancing the theoretical understanding of modern capitalism, including comparing post-Keynesian and Marxian conceptions of the endogenity of money, periodizing stages of...
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...
This book's main aim is to present a comparative analysis of the crisis in different regions and to contribute to the debates about alternatives with an emphasis on the multiple dimensions of the...