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The Rise and Fall of Neoliberal Capitalism
  • Language: en
  • Pages: 291

The Rise and Fall of Neoliberal Capitalism

The collapse that began in 2008 continues to burden the world economy. David Kotz, one of the few academic economists to predict it, argues that the ongoing crisis is not simply the aftermath of financial panic and severe recession but is a structural crisis of neoliberal capitalism whose resolution will require major institutional restructuring.

Contemporary Capitalism and Its Crises
  • Language: en
  • Pages: 375

Contemporary Capitalism and Its Crises

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 U.S. economy as well as that of several parts of the developing world.

Revolution From Above
  • Language: en
  • Pages: 326

Revolution From Above

  • Type: Book
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  • Published: 2013-04-15
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  • Publisher: Routledge

Controversially this book argues that the ruling party-state elite in the USSR itself moved to dismantle the old system. Topics discussed include: * the beginnings of economic decline in 1975 * Gorbachev's efforts to democratize and decentralize * the complex political battle through which the coalition favouring capitalism took power * the flaws in economic policies intended to rapidly build capitalism * the surprising resurgence of Communism. Research includes interviews with over 50 former Soviet government and Communist party leaders, policy advisors, new private businessmen, trade union leaders and intellectuals.

Social Structures of Accumulation
  • Language: en
  • Pages: 340

Social Structures of Accumulation

The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

Russia's Path from Gorbachev to Putin
  • Language: en
  • Pages: 440

Russia's Path from Gorbachev to Putin

  • Type: Book
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  • Published: 2007-05-07
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  • Publisher: Routledge

Over the past few years, many of the former Communist-rule countries of Central and Eastern Europe have taken a steady path toward becoming more or less normal capitalist countries - with Poland and Hungary cases in point. Russia, on the other hand, has experienced extreme difficulties in its attempted transition to capitalism and democracy. The pursuit of Western-endorsed policies of privatization, liberalization and fiscal austerity have brought Russia growing crime and corruption, a distorted economy and a trend toward authoritarian government. In their 1996 book - Revolution from Above - David Kotz and Fred Weir shed light on the underlying reasons for the 1991 demise of the Soviet Union...

Bank Control of Large Corporations in the United States
  • Language: en
  • Pages: 231

Bank Control of Large Corporations in the United States

"Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis." --Robert Aaron Gordon, Charter Member of the Brookings Panel on Economic Activity "Contends that since the Second World War, a small number of 'giant, well-established' banks in a few major cities have re-emerged as the major group that controls large corporations. Places the financial control thesis in historical perspective from the Civil War to the present and then examines the control of the two hundred largest U.S. corporations in 1967-69 in terms of owner cont...

The Handbook of the Political Economy of Financial Crises
  • Language: en
  • Pages: 785

The Handbook of the Political Economy of Financial Crises

  • Type: Book
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  • Published: 2013-02-21
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  • Publisher: OUP USA

The Great Financial Crisis that began in 2007-2008 reminds us with devastating force that financial instability and crises are endemic to capitalist economies. This Handbook describes the theoretical, institutional, and historical factors that can help us understand the forces that create financial crises.

Handbook on Social Structure of Accumulation Theory
  • Language: en
  • Pages: 421

Handbook on Social Structure of Accumulation Theory

This pioneering Handbook offers a state-of-the-art exploration of the social structure of accumulation theory, a leading theory of stages of capitalism, expertly summarising its development to date. It breaks new ground in several areas, including econometric evidence for the theory and developing institutional analyses of technology and the environment.

The Crisis of Neoliberalism
  • Language: en
  • Pages: 400

The Crisis of Neoliberalism

This book examines “the great contraction” of 2007–2010 within the context of the neoliberal globalization that began in the early 1980s. This new phase of capitalism greatly enriched the top 5 percent of Americans, including capitalists and financial managers, but at a significant cost to the country as a whole. Declining domestic investment in manufacturing, unsustainable household debt, rising dependence on imports and financing, and the growth of a fragile and unwieldy global financial structure threaten the strength of the dollar. Unless these trends are reversed, the authors predict, the U.S. economy will face sharp decline.Summarizing a large amount of troubling data, the author...

Relations of Global Power
  • Language: en
  • Pages: 305

Relations of Global Power

This collection of original articles offers an up-to-date, critical review of the global political economy today, covering such topics as international finance, corporate governance, military power, international labour standards, global health, human rights, and more. Assembling a group of top scholars, the editors are able to provide a wide-ranging yet coherent survey of contemporary international institutions and how they are governed. In the process, they offer a useful basis for understanding the financial crisis of 2008. Relations of Global Power is the only book available that examines the many different dimensions of the international regulatory structure across a range of issues, placing them all within the context of neoliberal globalization. It will be of interest to scholars of political science, sociology, policy studies, public administration, and global studies, and will also appeal to activists and members of alter-globalization movements.