1st Edition

The Political Economy of Global Capitalism and Crisis

By Bill Dunn Copyright 2014
202 Pages 9 B/W Illustrations
by Routledge

202 Pages 9 B/W Illustrations
by Routledge

202 Pages 9 B/W Illustrations
by Routledge

The book provides a theoretically and historically informed analysis of the global economic crisis. It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against... Read more

1. Understanding the political economy of global capitalism and crises, 2. Capitalism and other social orders, 3. Value theory in an incompletely capitalist society, 4. The heterogeneity of capital, 5. A contribution to a theory of crisis and recovery, 6. States and global capitalism, 7. The Keynesian moment and its contradictions, 8. Global restructuring: extensive accumulation and financialization, 9. The world market and the Crisis, 10. Recession or renewal, 11. Re-locating capital?

Biography

Bill Dunn is Senior Lecturer in the Department of Political Economy, University of Sydney, Australia.

"The strength of Dunn's book is that it presents a lucid theoretical ap­praisal of the global capitalist sys­tem that depicts its crisis-proneness, and explains the causative factors of the 2007-2008 financial crisis in the world's capitalist order while affirm­ing the geographical mobility of capi­tal in search of higher profit margins. In addition, the book is a scholarly contribution to the raging discourse on the political economy of the glo­balization of capitalism by the U.S. and the affluent countries of Europe and its implications for the rest of the world."

John Olushola Magbadelo, 2019