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The varieties of capitalism (VoCs) approach has the potential to transform economics. It implicitly emphasizes the plasticity of economies, whereby their character and outcomes are significantly a matter of choice. This paper augments VoCs theory to include a distinction between varieties and...
Persistent link: https://www.econbiz.de/10013347211
The recent shift from ‘global villageism’ to the ‘new wars’ revealed a deep crisis in heterodox political economy. The … popular belief in neoliberal globalization, peace dividends, fiscal conservatism and sound finance that dominated the 1980s … some measure of growth and stability, depth thrives on ‘accumulation through crisis.’ The past twenty years were dominated …
Persistent link: https://www.econbiz.de/10011644556
The paper offers a new theoretical framework for linking inflation and accumulation, with the Israeli experience as a case study. The focal point is the process of differential accumulation by the largest core firms. The theory of differential accumulation suggests that the relative power of...
Persistent link: https://www.econbiz.de/10011644557
The paper offers a new approach for analysing capitalist development and crisis, tying together mergers and … acquisitions, stagflation and globalization as integral facets of accumulation. The framework builds on the concept of differential … appears as a crisis at the societal level, but which contributes significantly to differential accumulation at the …
Persistent link: https://www.econbiz.de/10011644558
marked disparity between deepening crisis on the one hand, and rapid differential accumulation on the other. In South Africa … rapid globalization undermined gold profit in South Africa, while the end of the Cold War pulled the rug from under the …
Persistent link: https://www.econbiz.de/10011644559
part of a world-wide shift from the 'depth' to 'breadth' of accumulation and the parallel globalization of ownership. In …
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
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
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