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The Future of Capitalism After the Financial Crisis - The Varieties of Capitalism Debate in the Age of Austerity (Paperback)
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The Future of Capitalism After the Financial Crisis - The Varieties of Capitalism Debate in the Age of Austerity (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 19 working days
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The Future of Capitalism After the Financial Crisis: The Varieties
of Capitalism Debate in the Age of Austerity contains thirteen
world leading political economists writing from within eight
different countries who critically analyze the current crisis
tendencies of capitalism both globally and in particular countries.
Given the likelihood of an increasingly crisis prone future for
capitalism, it is important not only to rethink capitalism in its
current manifestations or varieties. It is also important to
rethink research methods and conceptual frameworks in preparation
for understanding an increasingly rocky future in which capitalism
itself could go the way of the many species that in the past were
endangered only to become extinct. More and more titles of books
and articles are suggesting that capitalism or perhaps civilization
itself is endangered if we do not make radical changes in the near
future. This book breaks with academic path dependency and attempts
to open new vistas of political economy and of multidisciplinary
analysis that are crucially important if our thought processes are
to be effective in a world in jeopardy. The varieties of capitalism
(VoC) debate itself came into being as the Soviet Union unraveled.
It drew in scholarship from a cross-section of Marxian and
heterodox political economy. The key argument of VoC was that if
capitalism was the only global option then those on the Left must
get involved in policy discussions on how capitalist economies can
be fashioned to become competitive as well as progressive. However,
the financial crisis has seen policy across the advanced economies
veer toward competitiveness coupled with austerity. The lesson for
the Left is that alternatives to capitalism must be sought in the
here and now.
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