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The Great Recession and the contradictions of contemporary capitalism

In: The Great Recession and the Contradictions of Contemporary Capitalism

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  • Riccardo Bellofiore

Abstract

The current crisis is one of the great crises punctuating the long history of capitalism, and to be properly understood it is vital to take into account its ongoing structural transformation. This book offers plural perspectives on the Great Recession, placing the analysis of finance, class and gender at the center of the debate. It begins with a comprehensive insight into the crisis, before moving on to focus on debt, asset inflation and financial fragility. Following chapters discuss global imbalances, structural monetary reform and the management of public finance, including a investigation of the Italian experience. The book concludes with novel contributions on the gender dimension of the crisis and the analogies between a nuclear and financial chain reaction.

Suggested Citation

  • Riccardo Bellofiore, 2014. "The Great Recession and the contradictions of contemporary capitalism," Chapters, in: Riccardo Bellofiore & Giovanna Vertova (ed.), The Great Recession and the Contradictions of Contemporary Capitalism, chapter 1, pages 7-25, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14637_1
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    References listed on IDEAS

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    1. Marc Lavoie, 2013. "The Monetary and Fiscal Nexus of Neo-Chartalism: A Friendly Critique," Journal of Economic Issues, Taylor & Francis Journals, vol. 47(1), pages 1-32.
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    1. Riccardo Bellofiore, 2015. "Claudio Napoleoni e il Capitale monopolistico di Baran e Sweezy (Claudio Napoleoni and Monopoly Capital by Baran and Sweezy)," Moneta e Credito, Economia civile, vol. 68(269), pages 3-39.
    2. Brancaccio, Emiliano & Giammetti, Raffaele & Lopreite, Milena & Puliga, Michelangelo, 2018. "Centralization of capital and financial crisis: A global network analysis of corporate control," Structural Change and Economic Dynamics, Elsevier, vol. 45(C), pages 94-104.
    3. Trofimov, Ivan D., 2022. "Determinants of the profit rates in the OECD economies: A panel data analysis of the Kalecki's profit equation," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 380-397.
    4. Autori vari, 2018. "Book reviews," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2018(1), pages 115-150.

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