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Crisis and Sequels: Capitalism and the New Economic Turmoil Since 2007

Crisis and Sequels: Capitalism and the New Economic Turmoil Since 2007

Paperback

Series: Studies in Critical Social Sciences, Book 109

Investing & FinanceGeneral Political ScienceGeneral Sociology

ISBN10: 160846086X
ISBN13: 9781608460861
Publisher: Haymarket Books
Published: Nov 20 2018
Pages: 340
Weight: 1.05
Height: 0.80 Width: 6.00 Depth: 9.00
Language: English

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 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?

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