1st Edition

Marxism and the Global Financial Crisis

Edited By Hillel Ticktin Copyright 2011
184 Pages
by Routledge

184 Pages
by Routledge

184 Pages
by Routledge

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... Read more

1. The Crisis and the Capitalist System Today Hillel Ticktin  2. ‘Its Patrimony, its Unique Wealth!’ Labour-Power, Working Class Consciousness and Crises: An Outline Consideration Marc Mulholland  3. From Marx to Goldman Sachs: The Fictions of Fictitious Capital, and the Financialization of Industry Michael Hudson  4. Value, Price and Epic Recession Jack Rasmus  5. US Economic Performance from 1929 to 2008 in Terms of the Marxian Theory of Crises, with Some Notes on the Recent Financial Crisis George Economakis, Alexis Anastasiadis and Maria Markaki  6. Greece and the World Capitalist Crisis Savas Michael-Matsas  7. Iran’s Political and Economic Crises  Yassamine Mather

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.