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The process of globalization has had profound, often destabilizing,
effects on space, at all levels (i.e. local, regional, national,
international). This revealing book analyzes, both theoretically
and empirically, the effects of globalization over space. It
considers, through a dialogue among different paradigms, the ways
in which space has become more important in the global economy.
Globalization has been advocated as a way of shrinking time and
space which will lead to a homogenized global market; a suggestion
challenged in differing ways and with a variety of approaches by
all the contributors to this volume. Leading authorities from a
range of disciplines are represented amongst this impressive list
of contributors, including Eric Sheppard, Bjorn Asheim, Richard
Walker and Peter Swann. The chapters demonstrate persuasively the
continuing, and even increasing, role of space in the global
economy, and throughout, the book covers viewpoints from the fields
of: international political economy economic geography regional and
local economics. This impressive volume, which contains a selection
of the best in contemporary scholarship, will be of interest to the
international arena of academicians, policy makers and
professionals in these or related fields.
The process of globalization has had profound, often destabilizing,
effects on space, at all levels (i.e. local, regional, national,
international). This revealing book analyzes, both theoretically
and empirically, the effects of globalization over space. It
considers, through a dialogue among different paradigms, the ways
in which space has become more important in the global economy.
Globalization has been advocated as a way of shrinking time and
space which will lead to a homogenized global market; a suggestion
challenged in differing ways and with a variety of approaches by
all the contributors to this volume. Leading authorities from a
range of disciplines are represented amongst this impressive list
of contributors, including Eric Sheppard, Bjorn Asheim, Richard
Walker and Peter Swann. The chapters demonstrate persuasively the
continuing, and even increasing, role of space in the global
economy, and throughout, the book covers viewpoints from the fields
of: international political economy economic geography regional and
local economics. This impressive volume, which contains a selection
of the best in contemporary scholarship, will be of interest to the
international arena of academicians, policy makers and
professionals in these or related fields.
This book makes a difference compared with the mass of existing
crisis literature. Exploring a variety of heterodox approaches, it
clearly discusses the important issues behind the well known facts:
the dynamics of capitalism leading to the current crisis, the
character of the crisis as mainly financial or as a result of
changing conditions in production and consumption, the
'rationality' of money, credit and debt, and the gender perspective
of the crisis. Here you can find interesting alternatives to
sterile mainstream discussions.' - Michael Heinrich, University of
Technology and Economics, Germany'An excellent assemblage of
scholarly thought on the current economic mess in Europe and
America. Drawing on a range of left traditions in political
economy, from Marx to Keynes to Minsky, the authors offer original
takes on crisis theory, financial fragility and austerity. The book
s great strength is the depth of analysis of money, debt and
speculation, and how they are implicated in the malfunctioning of
contemporary capitalism. A salutatory challenge to the aridity of
so much of conventional economics.' - Richard A. Walker, University
of California, US 'The Great Recession has shaken up the economics
profession, underscoring the urgency of developing new and
innovative ways of understanding the changes in the global economy.
This excellent and thoughtful volume offers a series of heterodox
analyses that will do just that. It will prove valuable to
economists ready to question neoclassical and even Keynesian
assumptions about how macroeconomies function in order to develop
more relevant models and policies that fit our current system.' -
Stephanie Seguino, University of Vermont, US The Great Recession
has punctuated the long history of capitalism and is a necessary
outcome of contemporary capitalism's great contradictions, both in
its Anglo-Saxon configuration and European neo-mercantilism
posture. To be properly understood it is vital to take into account
the ongoing structural transformation of the crisis in its multiple
dimensions. Through expert contributions, this book explores the
integral role of finance, class and gender in analyzing the great
recession, alongside offering plural theoretical interpretations of
the crisis. The Great Recession and the Contradictions of
Contemporary Capitalism presents a comprehensive insight into the
global crisis, focusing on debt, asset inflation and financial
fragility. Key areas such as global imbalances, monetary reform and
the management of public finance are examined, and a unique
investigation into the Italian experience of the crisis is offered.
The book concludes with novel concepts on the gender dimension of
the crisis and the analogies between a nuclear and financial chain
reaction. Both the financial and real aspects of this modern
phenomenon are addressed in this timely book. Academics and
students of economics, international political economy, sociology
and political science will benefit from the comprehensive and
original perspective this book offers. Contributors: R. Bellofiore,
F. Chesnais, M. Desai, G. Dumenil, D. Levy, L. Marazzi, J. Michell,
A. Parguez, S. Rossi, J. Toporowski, V. Valli, A. Vercelli, G.
Vertova
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