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recent crisis using some stylised facts on changing output and employment struc-tures at detailed sectoral level. Focusing … differentiated impact of the recent crisis on struc-tural shifts in their economy. We start with stylised facts related to output and … (or divergence) of the New EU Member States (NMS) compared to the more advanced 'old' EU countries (OMS) during the crisis …
Persistent link: https://www.econbiz.de/10011379808
The recent shift from ‘global villageism’ to the ‘new wars’ revealed a deep crisis in heterodox political economy. The … some measure of growth and stability, depth thrives on ‘accumulation through crisis.’ The past twenty years were dominated … capital now needs inflation, and inflation requires instability and social crisis. It is within this broader dynamics of power …
Persistent link: https://www.econbiz.de/10011644556
The paper offers a new approach for analysing capitalist development and crisis, tying together mergers and … appears as a crisis at the societal level, but which contributes significantly to differential accumulation at the …
Persistent link: https://www.econbiz.de/10011644558
Since the late 1980s, Israel has been undergoing a profound transformation, characterized by reconciliation with its Arab neighbours and attempts to reintegrate into the regional economy, a transition from a militarized economy to open markets, and a decline of the collectivist ethos in favour...
Persistent link: https://www.econbiz.de/10011644560
companies, which then promptly removed in the wake of the ensuing crisis. While the US government was officially seeking …
Persistent link: https://www.econbiz.de/10011644562
This paper offers a new approach to the political economy of armament, focusing on the relationship between military spending and differential accumulation in mature capitalist economies. Applied to the “model” case of Israel, our analysis suggests that the militarization of Israel’s...
Persistent link: https://www.econbiz.de/10011644563
contingent on the new atmosphere of “scarcity” and oil crisis, which was in turn dependent on the progressive militarization of …
Persistent link: https://www.econbiz.de/10011644564
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10011644566
Do capitalists really want a recovery? Can they afford it? On the face of it, the question sounds silly: of course capitalists want a recovery; how else can they prosper? According to the textbooks, both mainstream and heterodox, capital accumulation and economic growth are two sides of the same...
Persistent link: https://www.econbiz.de/10011644575
The flaring up of the Israeli-Palestinian conflict in the early 2000s caught most experts by surprise. The 1990s euphoria of the Oslo ‘peace process’ suddenly dissipated, replaced by a second intifada; the newspeak of ‘peace dividends’ gave way to debates about ‘imperialism’; and instead...
Persistent link: https://www.econbiz.de/10011644920