Why capitalism survives crisis: the shock absorbers
Gespeichert in:
Format: | Elektronisch E-Book |
---|---|
Sprache: | English |
Veröffentlicht: |
Bingley, U.K.
Emerald
2009
|
Schriftenreihe: | Research in political economy
v. 25 |
Schlagworte: | |
Online-Zugang: | Volltext |
Beschreibung: | Introduction / Victor Kasper, Paul Zarembka -- The absorptive class / Simon Stander -- State theory and civil society / Simon Stander -- The commodity / Simon Stander -- Production of the consumer society under capitalism / Simon Stander -- Narcissism and the fractionalization of the individual / Simon Stander -- Economic crises and the theory of the tendency of the rate of profit to fall / Simon Stander -- Reformism, class consciousness and class action / Simon Stander -- On the labor theory of value : statistical artefacts or regularities? / Lefteris Tsoulfidis, Dimitris Paitaridis -- Limits and challenges of the consistency debate in Marxian value theory / G. Carchedi -- Methodological differences between two Marxian economists in Japan : Kozo Uno and Sekisuke Mita / Shuichi Kakuta The book, authored in the main by Simon Stander and true to the interdisciplinary nature of political economy, focuses attention on why capitalism survives crises by developing the novel argument that it has moved on from its 19th century embodiment to include a class of shock absorbers. This class, consisting of fractionalised individuals, absorbs the massive surpluses of produced commodities while buffering capitalism against the declines of values during crises of the financial system. This gives rise to Reformism, rather than class conflict, which becomes a central feature in the political arena. The absorptive class in its dialectical relationship to the other two major classes, capitalist and working class, is vital for this reformist tendency; in this context consideration of the individual in a narcissistic social environment also becomes a focus of attention. With its distinct importance, the absorptive class helps glue capitalist economy and state together, and this provides an understanding of the contradiction between the need for a 'big' state in the interest of the absorption of commodities and the 'small state' in the interest of efficient resource allocation and profit. The second portion of the volume considers the application and conceptualization of the value theory by two leading academics in political economy and concludes with an exposition of the methodology differences between two important Japanese Marxian economists |
Beschreibung: | 1 Online-Ressource (299 p.) |
ISBN: | 9781848555877 1848555873 9781848555860 1848555865 |
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500 | |a The book, authored in the main by Simon Stander and true to the interdisciplinary nature of political economy, focuses attention on why capitalism survives crises by developing the novel argument that it has moved on from its 19th century embodiment to include a class of shock absorbers. This class, consisting of fractionalised individuals, absorbs the massive surpluses of produced commodities while buffering capitalism against the declines of values during crises of the financial system. This gives rise to Reformism, rather than class conflict, which becomes a central feature in the political arena. The absorptive class in its dialectical relationship to the other two major classes, capitalist and working class, is vital for this reformist tendency; in this context consideration of the individual in a narcissistic social environment also becomes a focus of attention. With its distinct importance, the absorptive class helps glue capitalist economy and state together, and this provides an understanding of the contradiction between the need for a 'big' state in the interest of the absorption of commodities and the 'small state' in the interest of efficient resource allocation and profit. The second portion of the volume considers the application and conceptualization of the value theory by two leading academics in political economy and concludes with an exposition of the methodology differences between two important Japanese Marxian economists | ||
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spelling | Why capitalism survives crisis the shock absorbers edited by Paul Zarembka Bingley, U.K. Emerald 2009 1 Online-Ressource (299 p.) txt rdacontent c rdamedia cr rdacarrier Research in political economy v. 25 Introduction / Victor Kasper, Paul Zarembka -- The absorptive class / Simon Stander -- State theory and civil society / Simon Stander -- The commodity / Simon Stander -- Production of the consumer society under capitalism / Simon Stander -- Narcissism and the fractionalization of the individual / Simon Stander -- Economic crises and the theory of the tendency of the rate of profit to fall / Simon Stander -- Reformism, class consciousness and class action / Simon Stander -- On the labor theory of value : statistical artefacts or regularities? / Lefteris Tsoulfidis, Dimitris Paitaridis -- Limits and challenges of the consistency debate in Marxian value theory / G. Carchedi -- Methodological differences between two Marxian economists in Japan : Kozo Uno and Sekisuke Mita / Shuichi Kakuta The book, authored in the main by Simon Stander and true to the interdisciplinary nature of political economy, focuses attention on why capitalism survives crises by developing the novel argument that it has moved on from its 19th century embodiment to include a class of shock absorbers. This class, consisting of fractionalised individuals, absorbs the massive surpluses of produced commodities while buffering capitalism against the declines of values during crises of the financial system. This gives rise to Reformism, rather than class conflict, which becomes a central feature in the political arena. The absorptive class in its dialectical relationship to the other two major classes, capitalist and working class, is vital for this reformist tendency; in this context consideration of the individual in a narcissistic social environment also becomes a focus of attention. With its distinct importance, the absorptive class helps glue capitalist economy and state together, and this provides an understanding of the contradiction between the need for a 'big' state in the interest of the absorption of commodities and the 'small state' in the interest of efficient resource allocation and profit. The second portion of the volume considers the application and conceptualization of the value theory by two leading academics in political economy and concludes with an exposition of the methodology differences between two important Japanese Marxian economists Political Science / Economic Conditions bisacsh Business & Economics / Free Enterprise bisacsh Political economy bicssc Financial crises & disasters bicssc BUSINESS & ECONOMICS / Free Enterprise bisacsh Economics eflch Capitalism fast Gestion d'entreprises eclas Kapitalismus Wirtschaft Capitalism Finanzkrise (DE-588)7635855-0 gnd rswk-swf Politische Ökonomie (DE-588)4115586-5 gnd rswk-swf Kapitalismus (DE-588)4029577-1 gnd rswk-swf Kapitalismus (DE-588)4029577-1 s Finanzkrise (DE-588)7635855-0 s Politische Ökonomie (DE-588)4115586-5 s DE-604 Zarembka, Paul Sonstige oth Kasper, Victor Sonstige oth Tsoulfidis, Lefteris Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=512749 Aggregator Volltext |
spellingShingle | Why capitalism survives crisis the shock absorbers Political Science / Economic Conditions bisacsh Business & Economics / Free Enterprise bisacsh Political economy bicssc Financial crises & disasters bicssc BUSINESS & ECONOMICS / Free Enterprise bisacsh Economics eflch Capitalism fast Gestion d'entreprises eclas Kapitalismus Wirtschaft Capitalism Finanzkrise (DE-588)7635855-0 gnd Politische Ökonomie (DE-588)4115586-5 gnd Kapitalismus (DE-588)4029577-1 gnd |
subject_GND | (DE-588)7635855-0 (DE-588)4115586-5 (DE-588)4029577-1 |
title | Why capitalism survives crisis the shock absorbers |
title_auth | Why capitalism survives crisis the shock absorbers |
title_exact_search | Why capitalism survives crisis the shock absorbers |
title_full | Why capitalism survives crisis the shock absorbers edited by Paul Zarembka |
title_fullStr | Why capitalism survives crisis the shock absorbers edited by Paul Zarembka |
title_full_unstemmed | Why capitalism survives crisis the shock absorbers edited by Paul Zarembka |
title_short | Why capitalism survives crisis |
title_sort | why capitalism survives crisis the shock absorbers |
title_sub | the shock absorbers |
topic | Political Science / Economic Conditions bisacsh Business & Economics / Free Enterprise bisacsh Political economy bicssc Financial crises & disasters bicssc BUSINESS & ECONOMICS / Free Enterprise bisacsh Economics eflch Capitalism fast Gestion d'entreprises eclas Kapitalismus Wirtschaft Capitalism Finanzkrise (DE-588)7635855-0 gnd Politische Ökonomie (DE-588)4115586-5 gnd Kapitalismus (DE-588)4029577-1 gnd |
topic_facet | Political Science / Economic Conditions Business & Economics / Free Enterprise Political economy Financial crises & disasters BUSINESS & ECONOMICS / Free Enterprise Economics Capitalism Gestion d'entreprises Kapitalismus Wirtschaft Finanzkrise Politische Ökonomie |
url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=512749 |
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