Crises of Global Economy and the Future of Capitalism: Reviving Marxian crisis theory

Crises of Global Economies and the Future of Capitalism Reviving Marxian crisis theory
......Page 10
Copyright......Page 11
Contents......Page 12
List of figures......Page 15
List of tables......Page 18
Notes on contributors......Page 19
Preface......Page 23
Introduction......Page 24
Part I Mechanisms of the 2008 crisis and their consequences......Page 32
1 From the subprime to the great earthquake crisis in Japan......Page 34
2 The global financial crisis: the instability of U.S.-centered global capitalism......Page 49
3 Financialization and capitalist accumulation: a structural account of the crisis of 2007-09......Page 78
4 The global financial crisis as a world great depression: an analysis using Marxian economics......Page 98
5 The demise of the Keynesian regime, financial crisis, and Marx’s theory......Page 114
6 The 2008 economic crisis from the perspective of changes in prices movements......Page 131
Part II Regimes of capitalism......Page 148
7 Cyclical crisis, structural crisis, systemic crisis, and future of capitalism......Page 150
8 Financial innovations, growth and crisis: the subprime collapse in perspective......Page 174
9 The crisis of 2008 and the dynamics of capitalism in time and space......Page 197
10 Neoliberalism and its crisis......Page 214
11 Fiat money and how to combat debt deflation......Page 231
Part III Global reconfiguration of capitalism......Page 250
12 Can the U.S. economy escape the law of gravity? A Minsky-Kalecki approach to the crisis of neoliberalism......Page 252
13 The political economy of global imbalances and the global financial crisis......Page 277
14 East Asia’s integration and structural shift: the shift from newly industrializing economies to potentially bigger market  economies under the global economy......Page 295
15 Financialization, structural change, and employment in the U.S. and Japan......Page 311
16 Overconsumption, household debt, and dollar-privilege: the causes of the U.S. subprime crisis......Page 328
Index......Page 343