000 02422 a2200313 4500
001 1317756142
005 20250317100401.0
008 250312042014GB 102 eng
020 _a9781317756149
037 _bTaylor & Francis
_cGBP 51.99
_fBB
040 _a01
041 _aeng
072 7 _aKCP
_2thema
072 7 _aKCA
_2thema
072 7 _aKCF
_2thema
072 7 _aKCP
_2bic
072 7 _aKCA
_2bic
072 7 _aKCF
_2bic
072 7 _aBUS000000
_2bisac
072 7 _aBUS069000
_2bisac
072 7 _aBUS069030
_2bisac
072 7 _a330.9495
_2bisac
100 1 _aStavros Mavroudeas
245 1 0 _aGreek Capitalism in Crisis
_bMarxist Analyses
250 _a1
260 _aOxford
_bRoutledge
_c20140725
300 _a262 p
520 _bDespite the depth of the Greek crisis, the exorbitant burdens placed upon the working people and the massive popular resistance movement to capitalist policies, there is a definite lack of consistently Marxist analyses of the Greek problem. International debates regarding the Greek crisis have been dominated by orthodox (Neoclassical and neo-Keynesian) approaches. The heterodox side of these debates has been occupied by Radical Political Economy approaches (usually radical post-Keynesian or Marxo-Keynesian perspectives). Moreover, they are dominated by the ‘financialisation’ thesis which is quite alien to Marxism, neglects the sphere of production and professes that the global crisis is simply a financial crisis that has nothing to do with ‘real’ accumulation and the profit rate. This book argues that by emphasising the sphere of production and profitability, classical Marxist analysis better explains the Greek crisis than its orthodox and heterodox competitors. The contributors present critiques of the prevalent approaches and offer studies of the Greek crisis that use the methodology and the analytical and empirical tools of classical Marxist Political Economy. In particular, it is shown that the Greek crisis was caused by falling profitability and the ensuing overaccumulation crisis. The ‘broad unequal exchange’ existing between the euro-center and the euro-periphery contributed to Greek capital’s falling profitability. This book enriches the debate about the Greek economic crisis by demonstrating the insights that can be drawn by considering the Marxist alternative to the dominant mainstream and heterodox approaches.
999 _c1292
_d1292