Crises and Hegemonic Transitions reworks the concept of hegemony at
the international level and analyses its relation to world market
crises. Returning to the critical edition of Gramsci's Quaderni and
maintaining that the author's work is permeated by Marx's Capital
and the law of value, Fusaro argues that imperialist states strive
to construct hegemonic relations through the use of domination,
leadership, coercion, and consensus, in order to secure capital
accumulation, and that economic crises have only the potential to
provoke crises of hegemony. Tracing the vicissitudes of US hegemony
from the interwar period to the present and assessing the Great
Depression's and the Great Recession's impact, Fusaro provides a
novel way to interpret past and present developments within the
world economy.
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