Non-Fiction Books:

Marxism and the Global Financial Crisis

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Paperback / softback
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Description

The book discusses the nature of Marxist theory of crisis and applies it to the global financial crisis which began in 2007. Is the contemporary crisis simply the usual periodic upturn and downturn or is there something more fundamental? Is there a structural crisis of capitalism, from which there is no immediate solution? Is capitalism managed and does it have a strategy? Is the financial crisis representative of a failure in capitalism itself to subject banks and other financial institutions to the overall economy? The book discusses Marx’s view on crises, as well as ideas on money and finance. It considers the different modern Marxist ideas on the causes of crises – falling rate of profit, disproportionality and underconsumption. It goes into detail as to the nature of the present crisis, its course and causes in a spirited and independent manner. Apart from the United States, it considers the situation in the two countries, in which protests erupted: Iran and Greece. They are taken as examples of the effect of the crisis on the country, the society and the economy as well as its politics. This book was originally published as a special issue of Critique.

Author Biography:

Hillel Ticktin is Emeritus Professor of Marxist Studies at the Centre for Socialist Theory and Movements and Honorary Professorial Fellow of the School of Social Sciences, the University of Glasgow, UK.
Release date NZ
December 7th, 2012
Audience
  • Tertiary Education (US: College)
Contributor
  • Edited by Hillel Ticktin
Pages
184
Dimensions
174x246x11
ISBN-13
9780415828925
Product ID
20979367

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