Overview
- 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
Part of the book series: Palgrave Insights into Apocalypse Economics (PIAE)
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Table of contents (6 chapters)
Keywords
- Global financial crisis
- Reproduction of capital
- Great recession
- Marxist economics
- Capitalist economy
- Apocalypse economics
- Toxic capital
- Fictitious capital
- Financialisation
- Surplus value
- Net Investment of Fixed Capital
- Labour productivity
- Industrial capital
- Economic crises
- Money capital
- Neoliberal policies
- financial crises
About this book
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.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Global Crisis and Reproduction of Capital
Authors: Stavros Tombazos
Series Title: Palgrave Insights into Apocalypse Economics
DOI: https://doi.org/10.1007/978-3-030-05725-1
Publisher: Palgrave Pivot Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-05724-4Published: 07 February 2019
eBook ISBN: 978-3-030-05725-1Published: 28 January 2019
Series ISSN: 2523-8108
Series E-ISSN: 2523-8116
Edition Number: 1
Number of Pages: XI, 90
Number of Illustrations: 2 b/w illustrations, 21 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, Financial Crises, Capital Markets, Heterodox Economics, Economic Policy