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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 …
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This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
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ephor of capitalism, but as its key source of instability. Furthermore, due to "financialisation of the real economy," the …
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The concept of racial capitalism has been embraced by scholars and activists as a means of exploring the common roots …, incarcerated, or homeless. This essay examines the logic of racial capitalism in order to distinguish between reforms that entrench …
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This study focuses on three different approaches to the role of finance and the financial sector in economy-wide relations and in specific conditions of economic crises. First, we investigate the Minskyan framework in dealing with the roots and the reasons of financial crises. Second, we look at...
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