LSE Public Event: Can Capitalists Afford Recovery? -- Video and Paper
dc.contributor.author | Nitzan, Jonathan | |
dc.date.accessioned | 2022-11-10T17:05:30Z | |
dc.date.available | 2022-11-10T17:05:30Z | |
dc.date.issued | 2014 | |
dc.description | crisis DA economic policy economic theory expectations growth income distribution Keynesianism Marxism monetarism neoclassical economics profit underconsumption | |
dc.description.abstract | Theorists and policymakers from all directions and of all persuasions remain obsessed with the prospect of recovery. For mainstream economists, the key question is how to bring about such a recovery. For heterodox political economists, the main issue is whether sustained growth is possible to start with. But there is a prior question that nobody seems to ask: can capitalists afford recovery in the first place? If we think of capital not as means of production but as a mode of power, we find that accumulation thrives not on growth and investment, but on unemployment and stagnation. And if accumulation depends on crisis, why should capitalists want to see a recovery? Video duration: 2:24 hours | |
dc.identifier.citation | LSE Public Event: Can Capitalists Afford Recovery? -- Video and Paper. Nitzan, Jonathan. (2014). May. (Lecture / Presentation; English). | |
dc.identifier.uri | http://hdl.handle.net/10315/39926 | |
dc.title | LSE Public Event: Can Capitalists Afford Recovery? -- Video and Paper | |
dc.type | Presentation |
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