Crisis Theory

Marxian and other theories of the origins of the current crisis, either journalistic or academic articles.
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On the crisis of finance or financialisation

  • Hecker: "Financial crisis – A lesson on the character, performance and power of finance capital" Financial crisis –A lesson on the character, performance and power of finance capitalfrom ruthless criticism[Translation of a lecture by Konrad Hecker in Frankfurt, January 23, 2008]1. Introduction ...
    Posted Sep 27, 2009, 11:56 PM by John Clegg
  • Bernardo: "Seven theses on the present crisis" Seven theses on the present crisisby João BernardoA survey of the financial crisis, systemic regulation problems for global capital, the economic growth of China, India and Brazil and ...
    Posted Mar 28, 2009, 1:14 PM by John Clegg
  • Free Association: "Speculating on the Crisis" 'We are an image from the future'(graffiti at the occupied University of Economics and Business inAthens, December 2008)When we wander the streets of Leeds, Mexico City, Mumbai ...
    Posted Jan 18, 2009, 12:31 PM by franqui coat
  • Hudson: "Wealth Creation, or a Ponzi Scheme?" "Wealth Creation, or a Ponzi Scheme?" by Michael HudsonGlobal Research, December 23, 2008Hudson responds to the Madoff affair by interpreting the history of financialisation as a giant Ponzi ...
    Posted Jan 2, 2009, 7:22 AM by John Clegg
  • Ticktin: "The Implosion of Finance Capital-Depression and Deflation" The Implosion of Finance Capital-Depression and DeflationHillel TicktinIt is almost impossible to open a newspaper without some reference to the historically important nature of our times. It ...
    Posted Nov 22, 2008, 7:18 AM by John Clegg
  • Finance capital: Why financial capitalism is no more "fictitious" than any other kind The Platypus Historians Group October 2008 With the present financial melt-down in the U.S. throwing the global economy into question, many on the “Left” are wondering again about the nature of capitalism. While many ...
    Posted Oct 28, 2008, 1:57 PM by Pan Sloboda
  • ROBERT WADE (NLR): FINANCIAL REGIME CHANGE? Since the 1930s the non-communist world has experienced two shifts in international economic norms and rules substantial enough to be called ‘regime changes’. They were separated by an ...
    Posted Oct 27, 2008, 1:24 PM by Asher Dupuy-Spencer
  • The breakdown of a relationship? Reflections on the crisis (by Endnotes) The breakdown of a relationship? Reflections on the crisis The history of the capitalist mode of production is punctuated by crises. One could say that crisis is the modus operandi ...
    Posted Oct 21, 2008, 4:30 AM by sean rudi
Showing posts 1 - 8 of 15. View more »



On the origins of the crisis (beyond finance)

  • Joseph Choonara: Marxist accounts of the current crisis Issue: 123 Posted: 24 June 09 Just as medical science progresses through pathology, Marxist political economy develops through the analysis of the actual crises of capitalism. It is therefore no ...
    Posted Aug 23, 2009, 1:17 PM by sean rudi
  • Sander: "Crisis of Value" and "Value-Creation and the Crisis Today" Two brilliant assessment of the crisis and its causes from Internationalist Perspective. These articles develop insights from Roots of the Capitalist Crisis, perhaps the most comprehensive Marxian prediction of the ...
    Posted Aug 13, 2009, 11:50 AM by John Clegg
  • Foley: "The anatomy of financial and economic crisis" The Anatomy of Financial and Economic CrisisDuncan FoleyThe Gildersleeve Lecture at Barnard College, April 17, 2009. The talk investigates the theory of financial and economic crises as a ...
    Posted Jun 2, 2009, 4:33 PM by David Calnitsky
  • Kliman: "On the Roots of the Current Economic Crisis and Some Proposed Solutions" Andrew Kliman"On the Roots of the Current Economic Crisis and Some Proposed Solutions"from Marxist-Humanist Initiativehttp://marxisthumanistinitiative.org/2009/04/17/on-the-roots-of-the-current ...
    Posted May 2, 2009, 1:20 PM by David Calnitsky
  • Carchedi: "The Return from the Grave" A clear analysis and critique of different Marxian crisis theories as they apply to the current crisis which argues strongly in defense of Marx's theory of the falling rate ...
    Posted Mar 28, 2009, 11:20 PM by John Clegg
  • Kliman: “The Destruction of Capital” and the Current Economic Crisis On his new webpage devoted to "crisis intervention" Andrew Kliman has provided a timely analysis of profit rate tendencies and their relevance to understanding the current crisis:     “The Destruction of ...
    Posted Feb 4, 2009, 2:17 PM by franqui coat
Showing posts 1 - 6 of 21. View more »


On contemporary crises (housing, food, environmental) and their inter-linkages

  • Midnight Notes and Friends: "Promissory Notes: From Crisis to Commons"
    Posted Jun 10, 2009, 12:53 PM by John Clegg
  • Massimo De Angelis — Crises: Neoliberal Impasse and Political Recomposition. http://www.commoner.org.uk/?p=57
    Posted Nov 13, 2008, 1:32 AM by Massimo De Angelis
  • Tabb: "Four Crises of the Contemporary World Capitalist System" Four Crises of the Contemporary World Capitalist System by William K. TabbThis essay examines aspects of the global political economy that I hope will inform progressive governments and movements ...
    Posted Oct 17, 2008, 4:47 PM by franqui coat
  • Starhawk: "Meltdown Strategies: Financial Disaster and Climate Change" Meltdown Strategies: Financial Disaster and Climate Change by Starhawk. While the financial markets have been melting down around us, another sort of meltdown has been occurring, one even more frightening ...
    Posted Oct 17, 2008, 4:45 PM by franqui coat
  • Brian Marks on the Food/Energy/Work crisis Living in a Whirlwind, or the Food/Energy/Work Crisis by Brian Marksan ambitious attempt to relate all the crises from an autonomist marxist persective.see also the response ...
    Posted Oct 8, 2008, 5:26 PM by John Clegg
Showing posts 1 - 5 of 6. View more »


General theories of crisis

  • Roland Simon: "Crisis Theory/Theories" Crisis Theory/Theories Schematically, the Marxist tradition separated into two large tendencies: on the one side, underconsumptionist theories linked or not to theories of disequilibrium between departments of capitalist production ...
    Posted Aug 13, 2009, 11:55 AM by John Clegg
  • Clarke: "Marx's Theory of Crisis" Download the Word document for this book Probably the definitive account of Marx's crisis theory (although it argues that this is a misnomer), Clarke follows the progression of Marx ...
    Posted May 12, 2009, 8:41 PM by John Clegg
  • Egoavil: "Fictitious Capital and the New-Fangled Schemes of Public Credit " Fictitious Capital and the New-Fangled Schemes of Public Credit The following is a talk given by Michael Egoavil at the Left Forum 2009 panel “Marx’s ‘Capital’ and the ...
    Posted May 13, 2009, 8:28 PM by michael egoavil
  • Hyman P. Minsky - The Financial Instability Hypothesis, May 1992
    Posted Jan 14, 2009, 4:44 AM by rob lucas
  • Ticktin: "Marxist Method, Working Class Struggle and Capitalist Crisis" Marxist Method, Working Class Struggle and Capitalist CrisisHillel Ticktin  In discussing the Marxist method one has to begin by saying that it applies only to political economy, its history ...
    Posted Nov 22, 2008, 7:23 AM by John Clegg
  • Massimo De Angelis -- Chapter 7, The Beginning of History, London: Pluto 2007. This chapter discusses capitalist crises as "disequilibrium" crises or "social stability" crises. This is a useful distinction, as the current crisis can be understood in the latter terms. It also ...
    Posted Nov 13, 2008, 5:32 AM by Massimo De Angelis
Showing posts 1 - 6 of 13. View more »


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