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Zombie Capitalism

- Global Crisis and the Relevance of Marx
Af: Chris Harman Engelsk Paperback

Zombie Capitalism

- Global Crisis and the Relevance of Marx
Af: Chris Harman Engelsk Paperback
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We''ve been told for years that the capitalist free market is a self-correcting perpetual growth machine in which sellers always find buyers, precluding any major crisis in the system. Then the credit crunch of August 2007 turned into the great crash of September–October 2008, leading one apologist for the system, Willem Buiter, to write of "the end of capitalism as we knew it."

As the crisis unfolded, the world witnessed the way in which the runaway speculation of the "shadow" banking system wreaked havoc on world markets, leaving real human devastation in its wake. Faced with the financial crisis, some economic commentators began to talk of "zombie banks"–financial institutions that were in an "undead state" and incapable of fulfilling any positive function but a threat to everything else. What they do not realize is that twenty-first century capitalism as a whole is a zombie system, seemingly dead when it comes to achieving human goals.
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We''ve been told for years that the capitalist free market is a self-correcting perpetual growth machine in which sellers always find buyers, precluding any major crisis in the system. Then the credit crunch of August 2007 turned into the great crash of September–October 2008, leading one apologist for the system, Willem Buiter, to write of "the end of capitalism as we knew it."

As the crisis unfolded, the world witnessed the way in which the runaway speculation of the "shadow" banking system wreaked havoc on world markets, leaving real human devastation in its wake. Faced with the financial crisis, some economic commentators began to talk of "zombie banks"–financial institutions that were in an "undead state" and incapable of fulfilling any positive function but a threat to everything else. What they do not realize is that twenty-first century capitalism as a whole is a zombie system, seemingly dead when it comes to achieving human goals.
Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 424
ISBN-13: 9781608461042
Indbinding: Paperback
Udgave:
ISBN-10: 1608461041
Kategori: Økonomi
Udg. Dato: 16 nov 2010
Længde: 22mm
Bredde: 142mm
Højde: 216mm
Forlag: Haymarket Books
Oplagsdato: 16 nov 2010
Forfatter(e): Chris Harman
Forfatter(e) Chris Harman


Kategori Økonomi


ISBN-13 9781608461042


Sprog Engelsk


Indbinding Paperback


Sider 424


Udgave


Længde 22mm


Bredde 142mm


Højde 216mm


Udg. Dato 16 nov 2010


Oplagsdato 16 nov 2010


Forlag Haymarket Books