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The Rise and Fall of Neoliberal Capitalism - With a New Preface (Paperback, 2nd edition)
Loot Price: R572
Discovery Miles 5 720
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The Rise and Fall of Neoliberal Capitalism - With a New Preface (Paperback, 2nd edition)
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Loot Price R572
Discovery Miles 5 720
Expected to ship within 12 - 17 working days
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The financial and economic collapse that began in the United States
in 2008 and spread to the rest of the world continues to burden the
global economy. David Kotz, who was one of the few academic
economists to predict it, argues that the ongoing economic crisis
is not simply the aftermath of financial panic and an unusually
severe recession but instead is a structural crisis of neoliberal,
or free-market, capitalism. Consequently, continuing stagnation
cannot be resolved by policy measures alone. It requires major
institutional restructuring. "Kotz's book will reward careful study
by everyone interested in the question of stages in the history of
capitalism." -Edwin Dickens, Science & Society "Whereas
[others] suggest that the downfall of the postwar system in Europe
and the United States is the result of the triumph of ideas, Kotz
argues persuasively that it is actually the result of the exercise
of power by those who benefit from the capitalist economic
organization of society. The analysis and evidence he brings to
bear in support of the role of power exercised by business and
political leaders is a most valuable aspect of this book-one among
many important contributions to our knowledge that makes it
worthwhile." -Michael Meeropol, Challenge
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