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Recent Events In The Global Financial Markets And Macro Economies Have Served As A Strong Reminder For A Need Of A Coherent Theory Of Capitalist Crisis And Analysis. This Book Helps To Fill The Gap With Well-grounded Alternative Articulations Of The Forces Which Move Today's Economic Dynamics, How They Interact And How Ideas Of Foundational Figures In Economic Theory Can Be Used To Make Sense Of The Current Predicament. The Book Presents A Comprehensive Collection Of Reflections On The Origins, Dynamics And Implications Of The Interlinked Crises Of The U.s. And Global Economies. Introduction / Nobuharu Yokokawa And Gary Dymski -- From The Subprime To The Great Earthquake Crisis In Japan / Makotoh Itoh -- The Global Financial Crisis: The Instability Of U.s.-centered Global Capitalism / Tetsuji Kawamura -- Financialization And Capitalist Accumulation: A Structural Account Of The Crisis Of 2007-2009 / Costas Lapavitsas -- The Global Financial Crisis As A World Great Depression: An Analysis Using Marxian Economics / Masayoshi Tatebe -- The Demise Of The Keynesian Regime, Financial Crisis, And Marx's Theory / Shinjiro Hagiwara -- The 2008 Economic Crisis From The Perspective Of Changes In Prices Movements / Akira Matsumoto -- Cyclical Crisis, Structural Crisis, Systemic Crisis, And Future Of Capitalism / Nobuharu Yokokawa -- Financial Innovations, Growth And Crisis: The Subprime Collapse In Perspective / Robert Boyer -- The Crisis Of 2008 And The Dynamics Of Capitalism In Time And Space / Toshio Yamada -- Neoliberalism And Its Crisis / Gerard Dumenil And Dominique Levy -- Fiat Money And How To Combat Debt Deflation / Thomas Sekine -- Can The Us Economy Escape The Law Of Gravity?: A Minsky-kalecki Approach To The Crisis Of Neoliberalism / Gary A. Dymski -- The Political Economy Of Global Imbalances And The Global Financial Crisis / Kang-kook Lee -- East Asia's Integration And Structural Shift:the Shift From Newly Industrializing Economies To Potentially Bigger Market Econ
This volume investigates the structural origins and systemic implications of the 2008 global financial crisis to determine the future trajectory of contemporary capitalism. Edited by Kiichiro Yagi and featuring contributions from a diverse group of international economists, the text utilizes Marxian, Keynesian, and Minsky-Kalecki frameworks to analyze the instability inherent in U.S.-centered global financial systems. The authors argue that current economic dynamics require a re-evaluation of foundational theories to address the recurring nature of financial crises and the limitations of neoliberal policy.
What You Will Find
Experts identify this collection as a rigorous academic resource for those studying the intersection of political economy and global financial instability. Readers frequently note the high density of the prose and the specialized nature of the theoretical frameworks employed by the contributors.
Page Count:
330
Publication Date:
2013-01-01
Publisher:
Routledge
ISBN-10:
0415687330
ISBN-13:
9780203072950
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