2,626
Views
12
CrossRef citations to date
0
Altmetric
Articles

Marxist Theories of Crisis and the Current Economic Crisis

Pages 6-29 | Published online: 25 May 2012

References

  • Armstrong , P. , Glyn , A. and Harrison , P. 1991 . Capitalism Since 1945 , Oxford : Blackwell .
  • Baran , P. and Sweezy , P. 1965 . Monopoly Capital , New York : Monthly Review .
  • Boddy , R. and Crotty , J . 1975 . Class Conflict and Macro Policy: the Political Business Cycle . Review of Radical Political Economics , 7 ( 1 ) : 1 – 19 .
  • Bowles , S. , Gordon , D. and Weisskopf , T . 1986 . Power and Profits: the Social Structure of Accumulation and the Profitability of the Postwar US economy . Review of Radical Political Economics , 18 ( 1&2 ) : 132 – 167 .
  • Bowles , S. , Gordon , D. and Weisskopf , T . 1989 . Business Ascendancy and Economic Impasse: A Structural Retrospective on Conservative Economics . Journal of Economic Perspectives , 3 ( 3 ) : 107 – 134 .
  • Bowles , S. , Gordon , D. and Weisskopf , T. 1990 . After the Waste Land , New York: M.E : Sharpe .
  • Brenner , R. 1998 . “ The Economics of Global Turbulence ” . In A special report of the world economy 1950–98 New Left Review 229
  • Brenner , R. 2006 . The Economics of Global Turbulence , London : Verso .
  • Burris , V. 1984 . The Politics of Marxist Crisis Theory . Research in Political Economy , 7 ( 2 ) : 237 – 267 .
  • Clarke , S. 1994 . Marx’s Theory of Crisis , London : Macmillan .
  • Cockshott , P. , Cottrell , A. and Michaelson , G . 1995 . Testing Marx: Some New Results from UK Data . Capital and Class , 55 : 103 – 134 .
  • Crotty , J . 2000 . Structural Contradictions of the Global Neoliberal Regime . Review of Radical Political Economics , 32 ( 3 ) : 361 – 368 .
  • Devine , J. 1987 . “ An Introduction to Radical Theories of Economic Crisis ” . In The Imperiled Economy , 19 – 31 . New York : Union for Radical Political Economics .
  • Dumenil , G. and Levy , D. 2004 . Capital Resurgent , Harvard : Harvard University Press .
  • Economic Report of the President, (ERP) . 2008 . Washington, D.C : U.S. Government Printing Office .
  • Federal Reserve System . Flow of Funds Accounts (FoF) . Available at www.federalreserve.gov/
  • Glyn , A. and Sutcliffe , B. 1972 . Capitalism in Crisis: British Capitalism, Workers and the Profit Squeeze , Middlesex : Penguin .
  • Glyn , A. 1975 . Notes on the Profit Squeeze . Bulletin of the Conference of Socialist Economists , 4 : 1 – 11 .
  • Gordon , D. 1990 . “ Distribution Theories ” . In The New Palgrave: Marxian economics , Edited by: Eatwell , J. London : Macmillan .
  • Gordon , D. , Weisskopf and Bowles , S. 1987 . “ Power, Accumulation and Crisis: The Rise and Demise of the Postwar Social Structure of Accumulation ” . In The Imperiled Economy , 43 – 57 . New York : Union for Radical Political Economics .
  • Harman , C . 2007 . The Rate of Profit and the World Today . International Socialism , 115 : 141 – 161 .
  • Hossein-Zadeh , I. 2000 . “ Long Waves of Capitalist Development and the Future of Capitalism ” . In Political Economy and Contemporary Capitalism: Radical Perspectives on Economic Theory and Policy , Edited by: Baiman , R. , Boushey , H. and Saunders , D. 78 – 88 . New York: M.E : Sharpe .
  • Hossein-Zadeh , I. and Gabb , A . 2000 . Making Sense of the Current Expansion of the US Economy; a Long Wave Approach and Critique . Review of Radical Political Economics , 32 ( 3 ) : 388 – 397 .
  • Howard , M. and King , J. 1992 . A History of Marxian Economics: Volume II, 1929–1990 , Princeton : Princeton University Press .
  • Husson , M . 1999 . Riding the long wave . Historical Materialism , 5 : 77 – 102 .
  • Kotz , D . 2003 . Neoliberalism and the SSA Theory of Long-Run Capital Accumulation . Review of Radical Political Economics , 35 ( 3 ) : 263 – 270 .
  • Kotz , D . 2008 . Contradictions of Economic Growth in the Neoliberal Era: Accumulation and Crisis in the Contemporary U.S. Economy . Review of Radical Political Economics , 40 ( 2 ) : 174 – 188 .
  • Kotz , D . 2009 . The Financial and Economic Crisis of 2008: A Systemic Crisis of Neoliberal Capitalism . Review of Radical Political Economics , 41 ( 3 ) : 305 – 317 .
  • Lipietz , A . 1986 . Behind Crisis: the Exhaustion of a Regime of Accumulation. A Regulation School Perspective on some French Empirical Worksm . Review of Radical Political Economics , 18 ( 1&2 ) : 13 – 32 .
  • Lippit , V. 1997 . The Reconstruction of a Social Structure of Accumulation in the United States . Review of Radical Political Economics , 29 ( 3 ) : 11 – 21 .
  • Magdoff , H. , Foster , J.B. , McChesney , R.W. and Sweezy , P . 2002 . The New Face of Capitalism: Slow Growth, Excess Capital, and a Mountain of Debt . Monthly Review , 53 ( 11 ) : 1 – 14 .
  • Maniatis , Th. 1996 . Testing Marx: a Note . Capital and Class , 59 : 37 – 54 .
  • Maniatis , Th. 2005 . Marxian Macroeconomic Categories in the Greek Economy . Review of Radical Political Economics , 37 ( 4 ) : 494 – 516 .
  • Mohun , S. 2005 . On Measuring the Wealth of Nations: The US Economy, 1964–2001 . Cambridge Journal of Economics , 29 ( 5 ) : 799 – 815 .
  • Mohun , S. 2006 . Distributive Shares in the US Economy, 1964–2001 . Cambridge Journal of Economics , 30 ( 3 ) : 347 – 370 .
  • Moseley , F . 1988 . The Rate of Surplus Value, the Organic Composition and the General Rate of Profit in the US Economy, 1947–1967 . American Economic Review , 78 ( 1 ) : 298 – 303 . A Critique and Update of Wolff’s Estimates
  • Moseley , F. 1992 . The Falling Rate of Profit in the Postwar United States Economy , New York : St. Martin’s .
  • Moseley , F . 1997 . The Rate of Profit and the Future of Capitalism . Review of Radical Political Economics , 29 ( 4 ) : 23 – 41 .
  • OECD StatExtracts . 2009 . Available at, http://stats.oecd.org/index.aspx
  • O’Hara , P.A . 2001 . Deep Recession and Financial Instability or a New Long Wave of Economic Growth for US Capitalism? A Regulation School Approach . Review of Radical Political Economics , 33 ( 1 ) : 18 – 43 .
  • O’Hara , P.A . 2002 . A New Financial Social Structure of Accumulation in the United States for Long Wave Upswing? . Review of Radical Political Economics , 34 ( 2 ) : ; 295 – 301 .
  • O’Hara , P.A . 2004 . A New Transnational Corporate Social Structure of Accumulation for Long-Wave Upswing in the World Economy? . Review of Radical Political Economics , 36 ( 3 ) : 328 – 335 .
  • Reich , M . 1997 . Social Structure of Accumulation Theory: Retrospect and Prospect . Review of Radical Political Economics , 29 ( 3 ) : 1 – 10 .
  • Shaikh , A. 1978 . “ An Introduction to the History of Crisis Theories ” . In U.S. Capitalism in Crisis , New York : URPE .
  • Shaikh , A. 1987 . “ The Falling Rate of Profit and the Economic Crisis in the US ” . In The Imperiled Economy , New York : Union for Radical Political Economics .
  • Shaikh , A. 1992 . “ The Falling Rate of Profit as the cause of Long Waves: Theory and Empirical Evidence ” . In New Findings in Long Wave Research , Edited by: Kleinkenecht , A. , Mandel , E. and Wallerstein , I. New York : St. Martin’s .
  • Shaikh , A . 1999 . Explaining the Global Economic Crisis . Historical Materialism , 5 : 103 – 144 .
  • Shaikh , A. and Tonak , E.A. 1994 . Measuring the Wealth of Nations: The Political Economy of National Accounts , Cambridge : Cambridge University Press .
  • Sweezy , P. and Magdoff , H. 1987 . Stagnation and Financial Explosion , New York : Monthly Review .
  • U.S. Bureau of Economic Analysis (BEA) . 2009a . National Income and Product Accounts (NIPA) Available at www.bea.gov/
  • U.S. Bureau of Economic Analysis (BEA) . 2009b . Fixed Asset Tables (FAT) Available at www.bea.gov/
  • U.S. Bureau of Labor Statistics (BLS) . 2009 . Employment, hours and earnings (National) Available at www.bls.gov/
  • United Nations Conference on Trade and Development (UNCTAD) (2009)
  • Wallerstein , I. 2003 . The Decline of American Power. The U.S. in a Chaotic World , New York : The New York .
  • Weisskopf , T . 1979 . Marxian Crisis Theory and the Rate of Profit in the Postwar U.S. Economy . Cambridge Journal of Economics , 3 ( 4 ) : 341 – 378 .
  • Weisskopf , T. , Bowles , S. and Gordon , D . 1985 . Two Views of Capitalist Stagnation: Underconsumption and Challenges to Capitalist Control . Science and Society , 49 ( 3 ) : 259 – 286 .
  • Wolfson , M.H . 2003 . Neoliberalism and the Social Structure of Accumulation . Review of Radical Political Economics , 35 ( 3 ) : 255 – 262 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.