Crisis And Contradiction
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This volume focuses on changes to class formation and the state-form in Latin America. It explores the relationships between state and market in countries endowed with vast natural resource wealth such as Argentina, Bolivia, Brazil and Venezuela.
|Author||: Banu Bargu,Chiara Bottici|
This edited collection examines the relationship between three central terms—capitalism, feminism, and critique—while critically celebrating the work and life of a thinker who has done the most to address this nexus: Nancy Fraser. In honor of her seventieth birthday, and in the spirit of her work in the tradition of critical theory, this collection brings together scholars from different disciplines and theoretical approaches to address this conjunction and evaluate Fraser’s lifelong contributions to theorizing it. Scholars from philosophy, political science, sociology, gender studies, race theory and economics come together to think through the vicissitudes of capitalism and feminism while also responding to different elements of Nancy Fraser’s work, which weaves together a strong feminist standpoint with a vibrant and complex critique of capitalism. Going beyond conventional disciplinary distinctions and narrow debates, all the contributors to this project share a commitment to critically understanding the connection between capitalism, exploitation, and the viable roads for emancipation. They recover insights provided by classical traditions of political and social thought, but they also open new research directions adapted to the global challenges of our time.
|Author||: David Harvey|
|Editor||: Oxford University Press (UK)|
"David Harvey examines the internal contradictions within the flow of capital that have precipitated recent crises. While the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe"--
|Author||: Martin Jones|
|Editor||: Edward Elgar Publishing|
This book offers a new geographical political economy approach to our understanding of regional and local economic development in Western Europe over the last twenty years. It suggests that governance failure is occurring at a variety of spatial scales and an ‘impedimenta state’ is emerging. This is derived from the state responding to state intervention and economic development that has become irrational, ambivalent and disoriented. The book blends theoretical approaches to crisis and contradiction theory with empirical examples from cities and regions.
|Author||: Nahzeem Oluwafemi Mimiko|
|Author||: Jürgen Habermas|
|Editor||: John Wiley & Sons|
In this enormously influential book, Jurgen Habermas examines the deep tensions and crisis tendencies which underlie the development of contemporary Western societies and develops a powerful analysis of the legitimation problems faced by modern states. Habermas argues that Western societies have succeeded to some extent in stabilizing the economic fluctuations associated with capitalism, but this has created a new range of crisis tendencies which are expressed in other spheres. States intervene in economic life and attempt to regulate markets, but they find themselves confronted by increasing and often conflicting demands. As individuals become increasingly disillusioned, the state is faced with the possibility of a mass withdrawal of loyalty or support - a 'legitimation crisis'. Widely recognized as a classic of contemporary social and political analysis, Legitimation Crisis sheds light on a range of issues which are central to current debates, from the decline of class conflict and the disillusionment with established political institutions to the crisis of the welfare state. It remains essential reading for students of sociology, politics and the social sciences generally.
|Author||: John Weeks|
In 2008 the capitalist world was swept by the severest crisis since the Great Depression of the 1930s. Mainstream economics neither anticipated nor could account for this disastrous financial crisis, which required massive state intervention throughout the capitalist world. Karl Marx did anticipate this type of financial collapse, arguing that it was derivative from the ‘fetishism of commodities’ inherent in the capitalist mode of production. This book substantiates the foregoing claim by a journey from Marx’s analysis of commodities to the capitalist crisis of the twenty-first century. The book demonstrates that Marx's framework (1) demonstrates that capitalism is but one historical form of class society among many; (2) explains the transition from pre-capitalist to capitalist society; (3) reveals the concrete operation of a capitalist economy; and (4) shows why others would explain the capitalist economy in alternative theoretical frameworks. The central element in his framework from which all else derives is ‘the theory of value’. This book is not an exercise in the history of thought. It is an attempt to analyze the nature of contemporary capitalist society. While Marx’s analysis of capitalism has implications for political action, these need not lead one to embrace revolution in place of reform, though it can and has provided the analytical foundation for both. Marx’s analysis of capitalism is a coherent whole, and meaningful insights cannot be obtained by extracting elements from it. Weeks starts out by looking at the nature of capitalism and an analysis circulation, money and credit unfold from the theory of value. The nature and inherent necessity of competition are demonstrated in chapter eight. A consequence of competition, expressed in the movement of capital, is technical change, the contradictory impact of which is explained in chapter nine. This is brought together with the other elements of value theory (money, credit and competition) in chapter ten, where economic crises are treated in detail. The final chapter applies the theory of crisis to the extreme financial disturbances of the 2000s. This book should be of interest to students and researchers of economics, politics and sociology.
|Author||: David Harvey|
|Editor||: Oxford University Press|
For over forty years, David Harvey has been one of the world's most trenchant and critical analysts of capitalist development. In The Enigma of Capital, he delivers an impassioned account of how unchecked neoliberalism produced the system-wide crisis that now engulfs the world. Beginning in the 1970s, profitability pressures led the capitalist class in advanced countries to shift away from investment in industrial production at home toward the higher returns that financial products promised. Accompanying this was a shift towards privatization, an absolute decline in the bargaining power of labor, and the dispersion of production throughout the developing world. The decades-long and ongoing decline in wages that accompanied this turn produced a dilemma: how can goods--especially real estate--sell at the same rate as before if workers are making less in relative terms? The answer was a huge expansion of credit that fueled the explosive growth of both the financial industry and the real estate market. When one key market collapsed--real estate--the other one did as well, and social devastation resulted. Harvey places today's crisis in the broadest possible context: the historical development of global capitalism itself from the industrial era onward. Moving deftly between this history and the unfolding of the current crisis, he concentrates on how such crises both devastate workers and create openings for challenging the system's legitimacy. The battle now will be between the still-powerful forces that want to reconstitute the system of yesterday and those that want to replace it with one that prizes social justice and economic equality. The new afterword focuses on the continuing impact of the crisis and the response to it in 2010. One of Huffington Post's Best Social and Political Awareness Books of 2010 Winner of the Isaac and Tamara Deutscher Memorial Prize for 2010 Praise for the Hardcover: "A lucid and penetrating account of how the power of capital shapes our world." --Andrew Gamble, Independent "Elegant... entertainingly swashbuckling... Harvey's analysis is interesting not only for the breadth of his scholarship but his recognition of the system's strengths." --John Gapper, Financial Times
|Author||: Richard Sakwa|
This book builds on the strengths of the previous volumes by the same author to provide the most detailed and nuanced account of the man, his politics and his profound influence on Russian politics, foreign policy and society. However, this is not a new edition of the earlier books but is an entirely new work. The focus now is on the dilemmas of power since 2008. There is a brief biographical sketch of Vladimir Putin and much analysis of his ideas and policies, but the book now focuses on the systemic contradictions that have created a blockage on modernisation and a stalemate in politics, Putin's role as Prime Minister since 2008 and his political successes and failures, analysis of the implications of Putin's third term as President and the 2011-12 electoral cycle and the ensuing crisis which led to thousands protesting on the streets This work assesses the achievements and failing of Putin’s rule, but above all tries to make sense of contemporary developments. This is the definitive account of Putin and is essential reading for all scholars and students of Russian politics.
|Author||: Guglielmo Carchedi|
Drawing on modern philosophy of science, epistemology, economics and sociology, this work retraces Marx’s original multi-disciplinary project and develops its foundations into a modern Marxist paradigm capable of understanding the present crisis and of challenging contemporary capitalism.
|Author||: Matt Vidal,Tony Smith,Tomás Rotta,Paul Prew|
|Editor||: Oxford University Press|
Karl Marx is one of the most influential writers in history. Despite repeated obituaries proclaiming the death of Marxism, in the 21st century Marx's ideas and theories continue to guide vibrant research traditions in sociology, economics, political science, philosophy, history, anthropology, management, economic geography, ecology, literary criticism, and media studies. Due to the exceptionally wide influence and reach of Marxist theory, including over 150 years of historical debates and traditions within Marxism, finding a point of entry can be daunting. The Oxford Handbook of Karl Marx provides an entry point for those new to Marxism. At the same time, its chapters, written by leading Marxist scholars, advance Marxist theory and research. Its coverage is more comprehensive than previous volumes on Marx in terms of both foundational concepts and state-of-the-art empirical research on contemporary social problems. It is also provides equal space to sociologists, economists, and political scientists, with substantial contributions from philosophers, historians, and geographers. The Oxford Handbook of Karl Marx consists of six sections. The first section, Foundations, includes chapters that cover the foundational concepts and theories that constitute the core of Marx's theories of history, society, and political economy. This section demonstrates that the core elements of Marx's political economy of capitalism continue to be defended, elaborated, and applied to empirical social science and covers historical materialism, class, capital, labor, value, crisis, ideology, and alienation. Additional sections include Labor, Class, and Social Divisions; Capitalist States and Spaces; Accumulation, Crisis, and Class Struggle in the Core Countries; Accumulation, Crisis, and Class Struggle in the Peripheral and Semi-Peripheral Countries; and Alternatives to Capitalism.
|Author||: Dennis Conway,Nik Heynen|
Since the 1980s, globalization and neoliberalism have brought about a comprehensive restructuring of everyone’s lives. People are being ‘disciplined’ by neoliberal economic agendas, ‘transformed’ by communication and information technology changes, global commodity chains and networks, and in the Global South in particular, destroyed livelihoods, debilitating impoverishment, disease pandemics, among other disastrous disruptions, are also globalization’s legacy. This collection of geographical treatments of such a complex set of processes unearths the contradictions in the impacts of globalization on peoples’ lives. Globalizations Contradictions firstly introduces globalization in all its intricacy and contrariness, followed on by substantive coverage of globalization’s dimensions. Other areas that are covered in depth are: globalization’s macro-economic faces globalization’s unruly spaces globalization’s geo-political faces ecological globalization globalization’s cultural challenges globalization from below fair globalization. Globalizations Contradictions is a critical examination of the continuing role of international and supra-national institutions and their involvement in the political economic management and determination of global restructuring. Deliberately, this collection raises questions, even as it offers geographical insights and thoughtful assessments of globalization’s multifaceted ‘faces and spaces.’
|Author||: Paul Mattick Jr.|
Keynesian economics claimed to have overcome the problem of economic depressions. However, as Mattick argues that crises are inherent within capitalism and that neither the market nor Keynesianism can stop "the steady deterioration of the economy". Written in 1974, Economic Crisis and Crisis Theory is one of Mattick's most valuable contributions to the Marxist critique of political economy and radical theory in general.
|Author||: Paul Zarembka|
|Editor||: Emerald Group Publishing|
Focuses attention on why capitalism survives crises by developing the argument that it has moved on from its 19th century embodiment to include a class of shock absorbers. This book tells how this class, consisting of fractionalised individuals, absorbs the massive surpluses of produced commodities.
|Author||: Hannah Appel|
|Editor||: Duke University Press|
The Licit Life of Capitalism is both an account of a specific capitalist project—U.S. oil companies working off the shores of Equatorial Guinea—and a sweeping theorization of more general forms and processes that facilitate diverse capitalist projects around the world. Hannah Appel draws on extensive fieldwork with managers and rig workers, lawyers and bureaucrats, the expat wives of American oil executives and the Equatoguinean women who work in their homes, to turn conventional critiques of capitalism on their head, arguing that market practices do not merely exacerbate inequality; they are made by it. People and places differentially valued by gender, race, and colonial histories are the terrain on which the rules of capitalist economy are built. Appel shows how the corporate form and the contract, offshore rigs and economic theory are the assemblages of liberalism and race, expertise and gender, technology and domesticity that enable the licit life of capitalism—practices that are legally sanctioned, widely replicated, and ordinary, at the same time as they are messy, contested, and, arguably, indefensible.
Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond is a collection of critical essays on the economist’s iconic 2014 book, from the perspective of critical theory, global political economy or public sociology, mostly drawn from the Marxist tradition.