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Global Crisis and Reproduction of Capital, 1st ed. 2019 Palgrave Insights into Apocalypse Economics Series

Langue : Anglais

Auteur :

Couverture de l’ouvrage Global Crisis and Reproduction of Capital

This Palgrave Pivot uses Marxian economic categories and analysis to explore the deeper causes of the 2008 global economic crisis, what the crisis represents for capitalism, and why fiscal and monetary policies pursued in its wake have failed to rejuvenate economies.

With an innovative interpretation of the crisis and a focus on 'toxic capital? ? a sub-division of Karl Marx?s concept of fictitious capital ? Tombazos examines the specificities of economic reproduction under neoliberalism and financialisation.

Chapter 1: Introduction.- Chapter 2: Profitability, Accumulation and Industrial Capital.- Chapter 3: Private Consumption, Wage Share of GDP and Reproduction Schemas.- Chapter 4: Money Capital, Fictitious Capital and “Toxic” Capital.- Chapter 5: Economic Policies and Economic Perspectives.- Chapter 6: Conclusion.






Stavros Tombazos is Associate Professor of Political Economy and German Political Philosophy at the Department of Social and Political Sciences, University of Cyprus, Cyprus. His research interests include social class and inequality, theories of the state, nationalism, racism, and immigration.

Analyses the causes and consequences of the global financial crisis through Marxian economic categories

Addresses the area of crisis theory and policy analysis related to the global financial crisis

Highlights major changes in capitalism that presaged the crisis

Sets out policy options remaining for governments