Contemporary Capitalism and its Crises: Social Structure of Accumulation Theory for the 21st Century [Hardcover]

This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the SSA theory.This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it.This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it.This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the neoliberal, or free-market, form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the U.S. economy as well as that of several parts of the developing world.Introduction to the volume Terrence McDonough, Michael Reich and David Kotz; Part I. The Theory of Social Structures of Accumulation: 1. The state of the art of social structure of accumulation theory Terrence McDonough; 2. Social structure of accumulation theory Victor Lippit; 3. A reconceptualization of social structure of accumulation theory Martin H. Wolfson and David M. Kotz; Part II. Globalization and the Contemporary Social Structure of Accumulation: 4. Global neoliberalism and the contemporary social structure of accumulation David M. Kotz and Terrence McDonoulód