Depression and Polycrisis
Haymarket Books (Verlag)
979-8-88890-643-9 (ISBN)
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To answer these questions, economist and marxist commentator Michael Roberts draws on his forty-plus years of experience working in various financial institutions in the City of London to provide an empirically grounded and wide ranging appraisal of the global situation.
Roberts takes readers on a tour of the contemporary global economy, first by turning back to the Great Recession of 2008, and then offering a granular look at the economic priorities and contradictions of every region of the world. His analysis unearths the fault lines left behind by our most recent financial meltdown and how they fuel the economic engines driving the ecological crisis and resurgence of inter-imperial conflict.
What emerges from this accounting of the polycrisis is the inescapable fact that capitalism’s rapacious drive toward profit over and against any geopolitical boundaries or plenary limits threatens both humanity and the planet.
Introduction
Profitability and crises - on the underlying driver of capitalist accumulation and growth and its relation to investment and productivity
Cycles and long waves
Tracing the way that capitalist development takes the form of cycles, or waves, with varying degree of expansion or slowdown
The tepid twenties
A survey of the state of the world economy in the 2020s so far this decade
The regions
US/Canada
Europe
Asia
Latin America
Africa
Offering a more granular tour of the world’s major regions
China: the exceptional economy
Continuing on this global tour, but with a special focus on the most dynamic engine of global growth: China
Imperialism and the decline of US hegemony
Following from the analysis of China, this chapter examines the way that imperialist competition between China and the US has shaped an emerging global order with waning US influence
Polycrisis:
Inequality, Poverty,
Environment
Geopolitical conflict
Appraising the major constituent parts of what has been described as the Polycrisis—multiple, simultaneous crises in different spheres—and what its contradictions portend for the coming period
Time is running out (9k)
The final chapter considers the future of world capitalism as it enters the 2030s. Is there any realistic hope that things could change, or is humanity and the planet headed toward calamity and destruction?
Appendix: Measuring GDP
Appendix: Measuring the Rate of Profit
Appendix: A Marxist theory of inflation
Appendix: Measuring imperialist exploitation
| Erscheint lt. Verlag | 1.12.2026 |
|---|---|
| Zusatzinfo | Illustrations |
| Verlagsort | Chicago |
| Sprache | englisch |
| Maße | 152 x 228 mm |
| Themenwelt | Sozialwissenschaften ► Politik / Verwaltung ► Politische Systeme |
| Sozialwissenschaften ► Politik / Verwaltung ► Politische Theorie | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-13 | 979-8-88890-643-9 / 9798888906439 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
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