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The nineteenth-century history of Irish economics, politics and culture cannot be properly understood without examining Ireland's colonial condition. Recent political developments and economic success have revived interest in the study of the colonial relationship between Britain and Ireland that is more nuanced than the traditional nationalist or academic revisionist view of Irish history. This new approach has arisen in several fields of historical investigation, notably culture, economics and political history.
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The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. "Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism." --Edwin Dickens, Science & Socie...
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.
This book is about the crises of the world economy that have occurred from the 1970s to the present day. It makes the specific case that the global economy has experienced six crises during this 50-year period. Crises of the global economy are periods of substantial slowdown in world economic activity—as measured by investment, industrial production, trade, or unemployment—in which many national economies are technically in recession. To pose the existence of crises of the global economy implies that the world economy is a real entity with its own dynamics; it implies also that the usual approach that views national economies as the appropriate units of economic analysis has major limitations. The author provides data illustrating the global and regional manifestations of these crises of the world economy, elaborates on the concepts of world economy and economic crisis, and discusses the theories that have been used to explain them. The book shows how these recurrent global crises are discrete, countable phenomena, distinct states of an entity that can be appropriately referred to as the world or global economy, or world capitalism.
For the past two decades, trade policy has been high on the American political agenda, thanks to the growing integration of the United States into the global economy and the wealth of debate this development has sparked. Although scholars have explored many aspects of U.S. trade policy, there has been little study of the role played by party politics. With Trading Blows, James Shoch fills that gap. Shoch offers detailed case studies of almost all of the major trade issues of the Reagan, Bush, and Clinton eras, including administrative and legislative efforts to curb auto, steel, and other imports and to open up markets in Japan and elsewhere, as well as free-trade initiatives such as the Nor...
This book provides a point-by-point comparison of Sraffian and Marxian treatments of prices, profits, technological change, economic crises, environmental sustainability, and the moral case against capitalism, are presented in six core chapters. They explain how the Sraffian treatment surpasses the Marxian treatment in every case. Large professional literatures are thoroughly referenced throughout, with both Marxian and Sraffian theories presented in a highly accessible way. This book is of great importance to those who study Sraffa and Marx, as well as academics and students who are interested in political economy, history of economic thought and economic theory and philosophy.
On September 21, 2011, the controversial execution of Georgia inmate Troy Davis, who spent twenty years on death row for a crime he most likely did not commit, revealed the complexity of death penalty trials, the flaws in America's justice system, and the rift between those who are for and against the death penalty. Davis's execution reignited a long-standing debate about whether the death penalty is an appropriate form of justice. In Grave Injustice Richard A. Stack seeks to advance the anti-death penalty argument by examining the cases of individuals who, like Davis, have been executed but a
Bridges the gap between social and environmental critiques of capitalism In the nineteenth century, Karl Marx, inspired by the German chemist Justus von Liebig, argued that capitalism’s relation to its natural environment was that of a robbery system, leading to an irreparable rift in the metabolism between humanity and nature. In the twenty-first century, these classical insights into capitalism’s degradation of the earth have become the basis of extraordinary advances in critical theory and practice associated with contemporary ecosocialism. In The Robbery of Nature, John Bellamy Foster and Brett Clark, working within this historical tradition, examine capitalism’s plundering of natu...
Papers presented at a Gender, Race, Economics, and Public Policy conference coordinated by the New School for Social Research.