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With the world’s attention fixed on the travails of leading global economies due to a still unfolding financial crisis of gigantic proportions, there has been a studied silence on the fate of the third world as the malaise increasingly impacts it. This silence is particularly disturbing because questions of potential pitfalls in the neoliberal policy package, which the third world (unlike Western Europe and Japan) was largely forced to adopt, were never countenanced. as One third world state after another discovered that international institutions were in effect hostile to their governments if they chose alternative developmental models or otherwise resisted the neoliberal triage of libera...
Neoliberalism has been one of the most hotly contested themes in academic and political debate over the last 30 years. Given the global and persistent influence of neoliberal ideas on contemporary styles of governance, social-service provision, and public policy, this intensive interest is understandable. At the same time, the use of the term has become loose, vague, and over-extended, particularly in the extensive critical literature. Rather than engage in further critique, or in the reconstruction of the history of neoliberalism, this volume seeks to bring analytical clarity to the ongoing debate. Drawing inspiration from the work of the Hungarian economic historian, Karl Polanyi, Remaking...
Amidst a capitalist crisis that has upturned mainstream orthodoxies, this title underscores the importance of historical and materialist understandings of capitalist economies. It exposes the limitations of neoclassical economics' endogenous growth theory and how it, in fact, gropes for understandings well established within Marxism.
Based on qualitative interviews with sustainability-oriented parents of young children, this book describes what happens when people make interventions into mundane and easy-to-overlook aspects of everyday life to bring the way they get things done into alignment with their environmental values. Because the ability to make changes is constrained by their culture and capitalist society, there are negative consequences and trade-offs involved in these household-level sustainability practices. The households described in this book shed light on the full extent of the trade-offs involved in promoting sustainability at the household level as a solution to environmental problems.
This important book provides an analysis of the economic relationship between Britain and the EU and discusses the future direction in which this relationship might develop. It examines the historic and contemporary costs and benefits of EU membership, and assesses whether this has been a burden or a benefit for the British economy. In addition the authors assess current trends and developments, most notably in the area of participation in Economic and Monetary Union (EMU) and the consequences that this would have. Questions of fiscal federalism, the development of a minimum level of social policy for Europe, together with the likely impact on business and trade unions are also considered. The authors then discuss potential future scenarios, including a more flexible loose membership arrangement or complete withdrawal, and the affect that a range of options might have on the British economy.
This book argues that neoliberalism is the contemporary form of capitalism, focusing on a materialist understanding of its workings as a modality of social and economic reproduction, and its everyday practices of dispossession and exploitation.
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.
During the second half of the twentieth century the countries of East Asia saw one of the most remarkable transformations in human history, from relatively poor societies to global powerhouses of accumulation, proletarianisation and mega-urbanisation. This volume features Marxist scholars from East Asia and Europe who are pioneering a new approach to this transformation using the theory of state capitalism. The essays analyse the histories of countries on either side of the Cold War divide within the broader framework of twentieth century global capitalist expansion, while at the same time offering a sophisticated critique of Developmental State Theory. Contributors are: Tobias ten Brink, Gareth Dale, Jeong Seongjin, Michael Haynes, Kim Ha-young, Kim Yong-uk, Lee Jeong-goo, and Owen Miller
An international set of eminent scholars examine the contemporary relevance and continuing contribution of Marx's work. This indispensable volume presents Marx's theories in a new light, both for specialists who might think they already know everything about Marx and for a new generation of readers who are approaching his work for the first time.
This book brings together Marxian philosophy and Lacanian psychoanalysis to argue that the hegemonic form of global capital is founded on the foreclosure of class and world of the third. The authors counterpose the world of the third to the mainstream notion of the third world, seen as a lacking other in desperate need of aid and development. Thus, for them, the hegemonic form of global capital is engendered through the foregrounding of the poor, victim third world and the foreclosure of the non-capitalist world of the third. Building on what they characterize as an ab-original reading of Marxian historical materialism and the Lacanian real, the authors seek to conceptualize a counter-hegemonic revolutionary subject as a basis for postcapitalist alternatives to the hegemonic form of global capital.