Amidst a capitalist crisis that has upturned mainstream orthodoxies, this volume underscores the importance of historical and materialist understandings of capitalist economies. Thus, fundamentally, it exposes the limitations of neoclassical economics' endogenous growth theory and how it, in...

This work advances geopolitical economy as a new approach to understanding the evolution of the capitalist world order and its 21st century form of multipolarity. Neither can be explained by recently dominant approaches such as U.S. hegemony or globalization: they treat the world economy as a...

This is a prepublication version of an article which appeared in the World Review of Political Economy. Please cite as Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 No. 1, Spring 2011. Pp 35-47. This article...

This paper proposes that publicly funded arts and cultural organisations should aspire to, and be funded to, engage in Research and Experimental Development (R&D), particularly that which aims at innovation, that is, new social application. Not confined to novel products or processes, arts and...

<--> As a few alert mainstream and corporate economists rediscover the certain elements of Marx’s analysis of capitalism, the essays in the first part of this volume demonstrate that they have much more to discover. To their discredit, mainstream understandings – whether of capitalism’s growth...</-->