Crisis and sequels : : capitalism and the new economic turmoil since 2007 / / edited by Martin Thomas.

As the economic crash of 2007-8 and its sequels developed, neoliberal economists often said that economic theory can never cope with such eruptions, and left-minded economists and political economists struggled to find answers. This book documents discussions as they developed; an introduction and a...

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Place / Publishing House:Boston : : Brill,, [2017]
Year of Publication:2017
Language:English
Series:Studies in Critical Social Sciences 109.
Physical Description:1 online resource (339 pages) :; illustrations.
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Other title:Introduction --
Part 1: After 2007 --
Introduction to Part 1 --
The Long Trends of Profit (March 2008) /
A New Sort of Financial Crisis (April 2008) /
The Crisis Depends on the Fightback (April 2008) /
An Era of Rampant Inequality (May 2008) /
The Imbalances are Unsustainable (June 2008) /
The Inventiveness of Capital (July 2008) /
A Systemic Crisis, both Global and Long-Lasting (July 2008) /
Part 2: After September 2008 --
“This sucker could go down”* --
The Crisis of Neoliberal Capitalism (December 2008) /
The Debacle of Financialised Capitalism (January 2009) /
The Level of Debt is Astronomical (December 2008) /
The Chain Broke at the Weakest Link (December 2008) /
The Bondholders and the Taxpayers (December 2008) /
The Neoliberal Model is Bust (January 2009) /
The Economy in a World of Trouble (April 2009) /
The Underlying Contradictions of Capitalist Finance (June 2009) /
Part 3: After 2009 --
The Endless Bail-out --
The Falling Rate of Profit (July 2011) /
The Banks’ Crisis and the Left’s Crisis (August 2011) /
Nationalise the Banks! (September 2011) /
The Endless Bail-out of Europe (November 2011) /
Europe: The Bankers vs the People (June 2012) /
Part 4: After 2010 --
Neoliberalism Resurgent --
No Choice but to Change (June 2012) /
The World of Neoliberalism (October 2013) /
An Alternative View on the World of Neoliberalism (January 2014) /
The Resilience of Neoliberalism (June 2016) /
Part 5: After 2015 --
Chaotic Regulation --
The Coming Crisis (October 2015) /
Too Much Debt in Relation to Income (January 2016) /
The Situation Has Long Been Unsustainable (January 2016) /
We Become a Hedge Fund of Our Own Lives (January 2016) /
The Globalisation of Elites (January 2016) /
The Great Recession Is Not Going Away (January 2016) /
A Protracted Transition (June 2016) /
Brazil and Neoliberalism (July–August 2016) /
Afterword: 2016 --
List of Previously Published Articles.
Summary:As the economic crash of 2007-8 and its sequels developed, neoliberal economists often said that economic theory can never cope with such eruptions, and left-minded economists and political economists struggled to find answers. This book documents discussions as they developed; an introduction and an afterword tell the story of the crisis, and offer syntheses and angles on some of the debated issues. What were the chief imbalances in the world economy? Is US hegemony breaking down? Were falling profit rates at the root of the crash, and if so why were they falling? How does \'financialisation\' reshape capitalism? Why did neoliberalism prove so resilient? How might the repercussions lead to it being subverted from the right or from the left? Contributors are Robert Brenner, Dick Bryan, Trevor Evans, Barry Finger, Daniela Gabor, Andrew Gamble, Michel Husson, Andrew Kliman, Costas Lapavitsas, Simon Mohun, Fred Moseley, Leo Panitch, Hugo Radice, and Alfredo Saad-Filho.
Bibliography:Includes bibliographical references and index.
ISBN:9004351035
Hierarchical level:Monograph
Statement of Responsibility: edited by Martin Thomas.