The Falling Rate Of Profit And The Great Recession Of 2007 2009
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Author | : Peter H. Jones |
Publisher | : BRILL |
Total Pages | : 272 |
Release | : 2021-04-06 |
Genre | : Political Science |
ISBN | : 9004398325 |
In The Falling Rate of Profit and the Great Recession of 2007-2009, Peter H. Jones develops a new non-equilibrium interpretation of the labour theory of value Karl Marx builds in Capital. Applying this to US national accounting data, Jones shows that when measured correctly the profit rate falls in the lead up to the Great Recession, and for the main reason Marx identifies: the rising organic composition of capital. Jones also details a new theory of finance, which shows how cycles in the profit rate relate to stock market booms and slumps, and movements in the interest rate. He discusses the implications of the analysis and Marx and Engels’ work generally for a democratic socialist strategy.
Author | : Adam Booth |
Publisher | : Wellred Books |
Total Pages | : 325 |
Release | : 2019-07-11 |
Genre | : Political Science |
ISBN | : 1913026116 |
Marx's Capital was a book that revolutionised political economy and for the first time opened our eyes to the real workings of capitalism. It was, however, met with a wall of silence from the mainstream economists and the establishment. Despite this, Capital became regarded in the workers' movement as the Bible of the working class... The aim of this book, written by authors from the International Marxist Tendency, is to help guide readers through the pages of volume one of Capital; to bring out the main themes and ideas contained within it; and to discuss the relevance of this great Marxist classic in terms of understanding the crisis-ridden world around us today - and, most importantly, how we can radically transform it.
Author | : Jeffrey R. Brown |
Publisher | : University of Chicago Press |
Total Pages | : 343 |
Release | : 2015-01-08 |
Genre | : Business & Economics |
ISBN | : 022620183X |
The recent financial crisis had a profound effect on both public and private universities. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior.
Author | : Andrew Kliman |
Publisher | : Lexington Books |
Total Pages | : 264 |
Release | : 2007 |
Genre | : Political Science |
ISBN | : 9780739118528 |
Attempts to reclaim Marx's Capital from the myth of inconsistency. This book is intended for non-specialist readers, and shows that the inconsistencies are actually caused by misinterpretation; the temporal single-system interpretation eliminates all of the alleged inconsistencies.
Author | : |
Publisher | : |
Total Pages | : 32 |
Release | : 1984 |
Genre | : Dollar, American |
ISBN | : |
Author | : Paul R. Krugman |
Publisher | : W. W. Norton & Company |
Total Pages | : 202 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9780393048391 |
The author of "The Age of Diminished Expectations" returns with a sobering tour of the global economic crises of the last two years.
Author | : Michael Roberts |
Publisher | : Haymarket Books |
Total Pages | : 362 |
Release | : 2016-09-01 |
Genre | : Business & Economics |
ISBN | : 1608465071 |
Setting out from an unapologetic Marxist perspective, The Long Depression argues that the global economy remains in the throes of a depression. Making the case that the profitability of capital is too low, and the debt built up before the Great Recession too high, leading radical economist Michael Roberts persuasively presents his case that this depression will persist until the profitability of capital is restored through yet another slump.
Author | : Greg Albo |
Publisher | : NYU Press |
Total Pages | : 341 |
Release | : 2010-12 |
Genre | : Business & Economics |
ISBN | : 1583672281 |
-Showing how 'exit strategies' are reviving neoliberalism.
Author | : Hadas Thier |
Publisher | : Haymarket Books |
Total Pages | : 289 |
Release | : 2018-06-02 |
Genre | : Business & Economics |
ISBN | : 1642592188 |
A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money
Author | : Robert J. Shiller |
Publisher | : Princeton University Press |
Total Pages | : 408 |
Release | : 2020-09-01 |
Genre | : Business & Economics |
ISBN | : 0691212074 |
From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.