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. However, state capitalism does not necessarily serve broad developmental purposes, and rather can be directed to supporting … sectional and private interests. As the literature on variegated capitalism alerts us, governments and other actors regularly … profligately. Although, as with state capitalism, crony capitalism is most often associated with emerging markets, we conclude that …
Persistent link: https://www.econbiz.de/10013310409
The shutdown of entire industries during the corona crisis represents a completely new and huge challenge for economic policy. Particular attention is being paid to limiting the loss of income for people affected by unemployment and to ensuring the existence of businesses affected by closures...
Persistent link: https://www.econbiz.de/10012181654
This is a critical review of what the Marxist scientific literature presents on the forms of countertendency to falling profit rates carried out during the COVID-19 pandemic. The 33 articles included in this review were studied using a Marxist approach. The following elements of the articles...
Persistent link: https://www.econbiz.de/10014319664
the Great Recession, what visions they develop about future development of capitalism and to which extent these different …
Persistent link: https://www.econbiz.de/10010491508
Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of...
Persistent link: https://www.econbiz.de/10012431178
Maximizing output without taking into consideration the negative externalities generated, including the harm to the mental and physical health of the population creates psychological stress. Focusing on the bellwether indicators of economic performance including working more, generating income,...
Persistent link: https://www.econbiz.de/10013383434
cycle’s booms and downturns, limiting capacity for emergencies. Corporate capitalism has an incentive to perpetuate deficits …
Persistent link: https://www.econbiz.de/10012485266
Persistent link: https://www.econbiz.de/10014315095
An economic crisis in capitalism is a deep and prolonged interruption of the economy-wide circuit of capital. Crises … emerge from within the logic of capitalism's operation, and are manifestations of the inherently contradictory process of … capital accumulation. The Marxist tradition conceptualizes two types of crisis tendencies in capitalism: a crisis of deficient …
Persistent link: https://www.econbiz.de/10011772045
Persistent link: https://www.econbiz.de/10014315097