World in crisis : a global analysis of Marx's law of profitability

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書誌事項

World in crisis : a global analysis of Marx's law of profitability

edited by Guglielmo Carchedi and Michael Roberts

Haymarket Books, 2018

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

Most mainstream economists view capitalism's periodic breakdowns are nothing more than temporary aberrations from another wise unbroken path toward prosperity. For Marxists, this fundamental flaw has long been acknowledged as a central feature of the free market system. This groundbreaking volume brings together Marxist scholars from around the world to offer an empirically grounded defence of Marx's law of profitability and its central role in explaining these capitalist crises.

目次

Preface Introduction Part 1. The US economy Chapter 1. G. Carchedi and M. Roberts - The long roots of the present crisis: Keynesians, Austerians, and Marx's law Chapter 2. G. Carchedi - The law of crises Chapter 3. J.A. Tapia - Investment, profit, and crises: theories and evidence Part 2. The international dimension Chapter 4. E.E. Maito - The tendency of the rate of profit to fall since the 19th century and a world rate of profit Chapter 5. T. Sato - Japan's 'lost' two decades: a Marxist analysis of prolonged capitalist stagnation Chapter 6. M. Roberts - The UK rate of profit and British economic history Chapter 7.. J.P. Mateo - The Long Depression in the Spanish economy: bubble, profits, and debt Chapter 8. T. Maniatis and K. Passas - Surplus value, profit, and unproductive labor in the Greek economy, 1958-2013 Chapter 9. A. Marquetti, E.M. Filho, and V. Lautert - The profit rate in Brazil, 1953-2008 Chapter 10. M. Gaulard - The Chinese economic crisis: a Marxist approach Part 3. Credit, fictitious capital, and crises Chapter 11. M. Roberts - Debt matters Chapter 12. S. Camara I. and A. Marina F- The neoliberal financialization of the US economy Chapter 13. M.E.G. Smith and J. Butovsky - The roots of the global crisis: Marx's law of falling profitability and the US economy, 1950-2013 Chapter 14. T. Norfield - Derivatives and capitalist markets: the speculative heart of capital Chapter 15. S. Nash - High-frequency trading: the unfolding history of speculative capital Part 4. The crisis and the euro Chapter 16. G. Carchedi - From the crisis in surplus value to the crisis in the euro Chapter 17. M. Roberts - The euro crisis is a crisis of capitalism

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