|
|
| (7 intermediate revisions by the same user not shown) |
| Line 1: |
Line 1: |
| The global economic crisis - Nacho Álvarez
| | PDF [http://4edu.info/images/8/87/2-EN-Cover_merged.pdf] |
|
| |
|
| | | Jacques Gouverneur - The foundations of capitalist economy [[http://4edu.info/images/f/ff/Jacques_Gouverneur_-_The_foundations_of_capitalist_economy.pdf]] |
| * Outline of the lecture
| |
| | |
| *The neoliberal answer to the crisis since the 1980’s
| |
| - The extension of neoliberal measures: liberalization, privatization and external opening of economies. | |
| - Main characteristics of the neoliberal period: financialization, stagnation and unemployment.
| |
| - Restoring profitability: the wage regression.
| |
| - The resurgence of financial capital and the accumulation of debt
| |
| -Export-led growth vs. debt-led growth
| |
| | |
| *Marxist analysis of the current crisis
| |
| - Profitability and evolution of the rate of profit
| |
| - Financialization and accumulation of fictitious capital: the crisis of neoliberalism
| |
| - The Euro crisis: a storm in the center of the world economy
| |
| - The crisis in the periphery: Latin America and Asia
| |
| | |
| *The responses of the elites to the current crisis and possible alternatives
| |
| - The response in USA: the support to Wall Street and to financial capital
| |
| - Bailouts, austerity and Memorandums in the European Union: deepening social regression
| |
| - An alternative economic policy
| |
| | |
| | |
| * Reading Materials
| |
| | |
| Álvarez, Nacho (2012): “Capital financiero, Estado y crisis económica en Europa”, Encrucijadas. Revista Crítica de Ciencias Sociales, nº 3. [Spanish]
| |
| | |
| Husson, Michel and Louçã, Francisco (2012): “Late capitalism and neo-liberalism. A perspective on the current phase of the long wave of capitalist development”, January 2012. [English][http://hussonet.free.fr/loulou12.pdf]
| |
| | |
| Husson, Michel (2010): “[The debate on the rate of profit http://internationalviewpoint.org/spip.php?article1894]”, International Viewpoint, July 2010.
| |
| | |
| Moseley, Fred (2012): "The U.S. Economic Crisis: Profitability Crisis and Household Debt Crisis Combined”, URPE-Occupy Summer Conference, August 2012. [English]
| |
| | |
| Shaikh, Anwar (2012): “Causes and Consequences of the Current Global Economic Crisis”, URPE-Occupy Summer Conference, August 2012. [English]
| |
| | |
| Toussaint, Eric (2011): “In the eye of the storm: the debt crisis in the European Union”, CADTM, September 2011. [English]
| |
| | |
| Toussaint, Eric (2011): “New Debt Crisis in Third World?”, International Viewpoint, 31, October, 2011. [English]
| |
| | |
| Millet, Damien and Toussaint, Éric (2012): “What emergency programme for the crisis?”, International Viewpoint, July 2012. [English]
| |
| | |
| * Questions for the groups
| |
| | |
| *The neoliberal answer to the crisis since the 1980’s
| |
| | |
| 1. How profitability was restored? Which are the main cornerstones of neoliberalism?
| |
| 2. Is neoliberalism a sustainable model? What are the main weaknesses?
| |
| | |
| *Marxist analysis of the current crisis
| |
| | |
| 1. Are we witnessing “the crisis” of capitalism or the crisis of neoliberal capitalism?
| |
| 2. Why the Euro is the weakest “link” at this moment?
| |
| 3. Could Asia and Latin America decouple from the crisis in the advanced capitalist countries?
| |
| | |
| *The responses of the elites to the current crisis and possible alternatives
| |
| | |
| 1. What are the main objectives imposed by the elites in this crisis and how do they pursue them?
| |
| 2. What contradictions and limitations face the strategy of the elites?
| |
| 3. How can we raise an alternative to the crisis?
| |
| | |
| [[ The Foundations of Capitalist Economy http://4edu.info/images/f/f2/The_Foundations_of_Capitalist_Economy.pdf]]
| |
PDF [1]
Jacques Gouverneur - The foundations of capitalist economy [[2]]