Principles Of The New Mercantilism And The Crisis Of Global Economy
AbstractHow to understand the current crisis at the World level? Following Joan Robinson, we present the definition of “new mercantilism”, and explain how mercantilist practices have supported what we commonly call globalization. The current economic crisis can be linked with mercantilist practices: globalization, because of the internal and external barriers that capitalism had to face, has quickly been driven by finance. The latter, supplying the “virtual economy”, has become a cause of depreciation and destruction of capital in excess. What can be the future of the “world economy”? Some paths are presented in conclusion, aiming at opening the discussion.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Laboratoire de Recherche sur l'Industrie et l'Innovation. ULCO / Research Unit on Industry and Innovation in its series Working Papers with number 236.
Length: 21 pages
Date of creation: Mar 2011
Date of revision:
Publication status: Published in Cahiers du Lab.RII, March 2011
Contact details of provider:
Postal: Maison de la recherche en sciences de l'homme, 21 quai de la Citadelle, 59140 Dunkerque
Phone: (33) 3 28 23 71 35
Fax: (33) 3 28 23 71 43 or (33) 3 28 23 71 10
Web page: http://riifr.univ-littoral.fr/
More information through EDIRC
Joan Robinson; New Mercantilism; Globalization; Global Firm; Financialization;
Find related papers by JEL classification:
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
- F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
- G01 - Financial Economics - - General - - - Financial Crises
- L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cedrini Mario, 2007.
"Consensus vs. freedom of consensus upon freedom? From Washington disorder to the rediscovery of Keynes,"
CESMEP Working Papers, University of Turin
200708, University of Turin.
- Mario Cedrini, 2008. "Consensus versus freedom or consensus upon freedom? from Washington disorder to the rediscovery of Keynes," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 30(4), pages 499-522, July.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Philippe Chagnon).
If references are entirely missing, you can add them using this form.