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- A Political Economy of Contemporary Capitalism and Its Crisis: Demystifying Finance
- Political Economy of Contemporary Capitalism and its Crisis Demystifying Finance
- A Political Economy of Contemporary Capitalism and its Crisis : Demystifying Finance
Feldner, Heiko, and Fabio Vighi. New York: Bloomsbury Academic,
A Political Economy of Contemporary Capitalism and Its Crisis: Demystifying Finance
The analysis that we have put forward is necessarily incomplete without developing its implications for political practice. However, considerations of space prevent us from elaborating on this aspect of our argument here. It is also the case that our ideas on politics are less coherent and developed than the theoretical perspective that we have outlined. This seems inevitable, since political thinking must be a collective project; political programs written by isolated individuals always sound hollow and abstract. Yet there are a few broad political implications of our analysis that are important to state here. The first is that any emancipatory politics in the present must begin with the realities of contemporary society, rather than from Marxist categories that have been rendered obsolete by the passing of accumulationist capitalism.
Political Economy of Contemporary Capitalism and its Crisis Demystifying Finance
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This volume reassesses the nature of the current global economic crisis and its implication for the 21st century, through the unique lens of Marx's theory of the value-form as the unconscious matrix of modern society. Here he argues that capitalism has not only entered its greatest crisis since WWII, but has in fact reached its historical limit and is in terminal decline. In this light, the book seeks to answer how a rerun of Keynesian regulations could possibly resolve the crisis. It also inquires as to whether a Green New Deal might succeed when the gap between work to be had and work to be done widens, and what alternatives neo-Marxian approaches offer considering the failure of Marxism in the 20th century. This far-reaching, critical examination of the crisis not only builds on critical theory, but also offers new readings of key theorists that will appeal to anyone interested in political theory, critical theory, and political economy. Introduction Chapter 1 Collapse without salvation? Chapter 2 Homo economicus: Greenspan's misanthropy in context Chapter 3 Ontology of crisis Chapter 4 The capitalist discourse: digging its own grave Chapter 5 Agamben's messianism, or: trouble with the dialectic Epilogue: nothing to be liberated References Index.
The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.
A Political Economy of Contemporary Capitalism and its Crisis : Demystifying Finance
RMF invites discussion papers that may be in political economy, heterodox economics, and economic sociology. We welcome theoretical and empirical analysis without preference for particular topics. Our aim is to accumulate a body of work that provides insight into the development of contemporary capitalism. We also welcome literature reviews and critical analyses of mainstream economics provided they have a bearing on economic and social development.
Routledge Frontiers of Political Economy.
This general perspective also seems to be prevalent in Marxistdiscussions. In this fashion, capitalism appears to be entrapped either since the mid s or at some later point in a perennial crisis, the end of which is not readily visible. Share Post. Bringt eure Toten raus.
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