Greek Capitalism in Crisis

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Publisher : Routledge
ISBN 13 : 1317756142
Total Pages : 263 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Greek Capitalism in Crisis by : Stavros Mavroudeas

Download or read book Greek Capitalism in Crisis written by Stavros Mavroudeas and published by Routledge. This book was released on 2014-07-25 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the depth of the Greek crisis, the exorbitant burdens placed upon the working people and the massive popular resistance movement to capitalist policies, there is a definite lack of consistently Marxist analyses of the Greek problem. International debates regarding the Greek crisis have been dominated by orthodox (Neoclassical and neo-Keynesian) approaches. The heterodox side of these debates has been occupied by Radical Political Economy approaches (usually radical post-Keynesian or Marxo-Keynesian perspectives). Moreover, they are dominated by the ‘financialisation’ thesis which is quite alien to Marxism, neglects the sphere of production and professes that the global crisis is simply a financial crisis that has nothing to do with ‘real’ accumulation and the profit rate. This book argues that by emphasising the sphere of production and profitability, classical Marxist analysis better explains the Greek crisis than its orthodox and heterodox competitors. The contributors present critiques of the prevalent approaches and offer studies of the Greek crisis that use the methodology and the analytical and empirical tools of classical Marxist Political Economy. In particular, it is shown that the Greek crisis was caused by falling profitability and the ensuing overaccumulation crisis. The ‘broad unequal exchange’ existing between the euro-center and the euro-periphery contributed to Greek capital’s falling profitability. This book enriches the debate about the Greek economic crisis by demonstrating the insights that can be drawn by considering the Marxist alternative to the dominant mainstream and heterodox approaches.

Greek Capitalism in Crisis

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Publisher :
ISBN 13 : 9781315798301
Total Pages : 0 pages
Book Rating : 4.7/5 (983 download)

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Book Synopsis Greek Capitalism in Crisis by : Stavros Mavroudeas

Download or read book Greek Capitalism in Crisis written by Stavros Mavroudeas and published by . This book was released on 2014-07-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the depth of the Greek crisis, the exorbitant burdens placed upon the working people and the massive popular resistance movement to capitalist policies, there is a definite lack of consistently Marxist analyses of the Greek problem. International debates regarding the Greek crisis have been dominated by orthodox (Neoclassical and neo-Keynesian) approaches. The heterodox side of these debates has been occupied by Radical Political Economy approaches (usually radical post-Keynesian or Marxo-Keynesian perspectives). Moreover, they are dominated by the 'financialisation' thesis which is quite alien to Marxism, neglects the sphere of production and professes that the global crisis is simply a financial crisis that has nothing to do with 'real' accumulation and the profit rate. This book argues that by emphasising the sphere of production and profitability, classical Marxist analysis better explains the Greek crisis than its orthodox and heterodox competitors. The contributors present critiques of the prevalent approaches and offer studies of the Greek crisis that use the methodology and the analytical and empirical tools of classical Marxist Political Economy. In particular, it is shown that the Greek crisis was caused by falling profitability and the ensuing overaccumulation crisis. The 'broad unequal exchange' existing between the euro-center and the euro-periphery contributed to Greek capital's falling profitability. This book enriches the debate about the Greek economic crisis by demonstrating the insights that can be drawn by considering the Marxist alternative to the dominant mainstream and heterodox approaches.

Greece's (un) Competitive Capitalism and the Economic Crisis

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Author :
Publisher :
ISBN 13 : 9783030143206
Total Pages : 297 pages
Book Rating : 4.1/5 (432 download)

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Book Synopsis Greece's (un) Competitive Capitalism and the Economic Crisis by : Spyros Sakellaropoulos

Download or read book Greece's (un) Competitive Capitalism and the Economic Crisis written by Spyros Sakellaropoulos and published by . This book was released on 2019 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the profound transformation to the Greek political economy in recent years and considers the reasons that have led to this transformation. Further, the author explores the social experimentation and social diversity that evolved as a result of the Greek and international economic crises. By challenging various assumptions made about the crisis, the author sheds light on Greek social relations and the country's particular type of capitalist development. This book will be of value to both economists and sociologists, linking discussions about social class with economic, political and institutional analyses.

Greece in the 21st Century

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Publisher : Routledge
ISBN 13 : 1351047507
Total Pages : 270 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis Greece in the 21st Century by : Vassilis Fouskas

Download or read book Greece in the 21st Century written by Vassilis Fouskas and published by Routledge. This book was released on 2018-03-14 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of the first part of the 21st century Greece has been seen as a critical battlefield for the survival of the powerful and the adjustment or extinction of the weak, as if all the historical contradictions of the global financial crisis and the eurozone crisis were concentrated in that tiny part of the world, with a population of just 11 million people and a GDP of less than 2% of that of the European Union as a whole. While the country has been overpowered by the disciplinarian and deeply authoritarian policy mix of ordoliberal/neoliberal rules, as this book attempts to show, there is hope. Defeat does not end the crisis, and crisis means constant opportunity. In this state of affairs, all types of agencies try to take advantage of the conditions and opportunities in order to advance towards positions of power and provide the best of solutions for the class interests they represent. Thus, harsh conflict is inevitable and if history provides a yardstick, it is that in periods of conflict and crisis, the winner, usually, is the one who manages to strike the right political and social alliances at the right time. The editors have assembled in this volume a number of interdisciplinary chapters and arguments which, despite their differences, share the strategic aim of a critique of both neoliberalism/ordoliberalism and new authoritarianism. Chapters examine the eurozone crisis from a variety of angles with reference to Greece, and Greek politics and society. With this collection of heterodox and scholarly essays, the authors and editors aim to offer a progressive understanding of current historical circumstances. Constantine Dimoulas is an Assistant Professor in social administration and evaluation of social programmes at Panteion University, Greece. Vassilis K. Fouskas is Professor of international politics and economics at the University of East London, UK, and the founding editor of the Journal of Balkan and Near Eastern Studies (Taylor & Francis).

Crisis, Movement, Strategy: The Greek Experience

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Publisher : BRILL
ISBN 13 : 9004280898
Total Pages : 314 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Crisis, Movement, Strategy: The Greek Experience by :

Download or read book Crisis, Movement, Strategy: The Greek Experience written by and published by BRILL. This book was released on 2018-09-04 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2010 Greece entered a period of extreme austerity measures, but also of intense struggles and protests. Social and political crisis led to tectonic shifts in the political landscape and the rise to power of SYRIZA. However, despite the impressive expression of resistance in the 2015 referendum, the EU-IMF-ECB ‘Troika’ managed to impose the continuation of the same politics of austerity, privatisations, and neoliberal reforms. This social and political sequence poses important theoretical and analytical questions regarding capitalist crisis, public debt, European integration, political crisis, the new forms of protest and social movements, and the rise of neo-fascist parties. It also brings forward all the open questions regarding radical left-wing strategy today. The contributions in this volume attempt from different perspectives to deal with some of these theoretical and strategic questions using the Greek experience as a case study. Contributors include: George Economakis, Stavros Mavroudeas, Ioannis Zisimopoulos, Alexios Anastasiadis, Maria Markaki, George Androulakis, Despina Paraskeva-Veloudogianni, Eirini Gaitanou, Alexandros Chrysis, Euclid Tsakalotos, Spyros Sakellaropoulos, Panagiotis Sotiris, Giannis Kouzis, Yiorgos Vassalos, Christos Laskos, Angelos Kontogiannis-Mandros.

Greece’s (un) Competitive Capitalism and the Economic Crisis

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Author :
Publisher : Springer
ISBN 13 : 3030143198
Total Pages : 297 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Greece’s (un) Competitive Capitalism and the Economic Crisis by : Spyros Sakellaropoulos

Download or read book Greece’s (un) Competitive Capitalism and the Economic Crisis written by Spyros Sakellaropoulos and published by Springer. This book was released on 2019-05-15 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the profound transformation to the Greek political economy in recent years and considers the reasons that have led to this transformation. Further, the author explores the social experimentation and social diversity that evolved as a result of the Greek and international economic crises. By challenging various assumptions made about the crisis, the author sheds light on Greek social relations and the country’s particular type of capitalist development. This book will be of value to both economists and sociologists, linking discussions about social class with economic, political and institutional analyses.

The "Greek Crisis" in Europe

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Author :
Publisher :
ISBN 13 : 9789004409170
Total Pages : 0 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis The "Greek Crisis" in Europe by : Yiannis Mylonas

Download or read book The "Greek Crisis" in Europe written by Yiannis Mylonas and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "Greek Crisis" in Europe: Race, Class and Politics, analyses the publicity of the so-called "Greek crisis" by deploying critical theory and cultural studies perspectives. The study discloses racial and class media biases, and their associations with austerity.

A Failure of Capitalism

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Publisher : Harvard University Press
ISBN 13 : 9780674051294
Total Pages : 372 pages
Book Rating : 4.0/5 (512 download)

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Book Synopsis A Failure of Capitalism by : Richard A. Posner

Download or read book A Failure of Capitalism written by Richard A. Posner and published by Harvard University Press. This book was released on 2011-05-31 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. How could it have happened, especially after all that we've learned from the Great Depression? Why wasn't it anticipated so that remedial steps could be taken to avoid or mitigate it? What can be done to reverse a slide into a full-blown depression? Why have the responses to date of the government and the economics profession been so lackluster? Richard Posner presents a concise and non-technical examination of this mother of all financial disasters and of the, as yet, stumbling efforts to cope with it. No previous acquaintance on the part of the reader with macroeconomics or the theory of finance is presupposed. This is a book for intelligent generalists that will interest specialists as well. Among the facts and causes Posner identifies are: excess savings flowing in from Asia and the reckless lowering of interest rates by the Federal Reserve Board; the relation between executive compensation, short-term profit goals, and risky lending; the housing bubble fuelled by low interest rates, aggressive mortgage marketing, and loose regulations; the low savings rate of American people; and the highly leveraged balance sheets of large financial institutions. Posner analyzes the two basic remedial approaches to the crisis, which correspond to the two theories of the cause of the Great Depression: the monetarist--that the Federal Reserve Board allowed the money supply to shrink, thus failing to prevent a disastrous deflation--and the Keynesian--that the depression was the product of a credit binge in the 1920's, a stock-market crash, and the ensuing downward spiral in economic activity. Posner concludes that the pendulum swung too far and that our financial markets need to be more heavily regulated. Read Richard Posner's blog, and his latest article in The Atlantic.

The Crisis of Greek Capitalism

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (879 download)

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Book Synopsis The Crisis of Greek Capitalism by : Bakas Spyros

Download or read book The Crisis of Greek Capitalism written by Bakas Spyros and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Greek Culture After the Financial Crisis and the Covid-19 Crisis

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Author :
Publisher : Springer Nature
ISBN 13 : 3030810186
Total Pages : 266 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Greek Culture After the Financial Crisis and the Covid-19 Crisis by : Panagiotis E. Petrakis

Download or read book Greek Culture After the Financial Crisis and the Covid-19 Crisis written by Panagiotis E. Petrakis and published by Springer Nature. This book was released on 2021-08-29 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the evolution in human thought, action, and behavior as a result of the 2008 fi nancial crisis and the Covid-19 crisis. Through the presentation and analysis of data, as recorded for at least a decade, and using the Greek economy as a case study, the authors examine the changes in social and human capital, increasingly risk-averse behavior, and changes in people’s general psyche and economic action in Greek society and economy.

Political Economy Perspectives on the Greek Crisis

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Publisher : Springer
ISBN 13 : 3319637061
Total Pages : 397 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Political Economy Perspectives on the Greek Crisis by : Ioannis Bournakis

Download or read book Political Economy Perspectives on the Greek Crisis written by Ioannis Bournakis and published by Springer. This book was released on 2017-11-27 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece’s idiosyncratic weaknesses, and highlights the existing rigidities in the EU architecture that make the recovery prospects of the Greek economy challenging. Chapters from expert contributors highlight aspects of the performance of the Greek economy with focus on export performance, labour market conditions, political cycles and regional income disparities. The book then goes on to outline the banking system in Greece in the post-crisis era, and includes analysis that explains how the credit rating score affected Greece’s borrowing capacity prior to the start of the insolvency crisis. The final part analyses and compares alternative scenarios of fiscal consolidation, seeking to identify whether there are alternatives to fiscal austerity and the impact of each one of them. This section also clarifies various misconceptions about the significant determinants of international competitiveness. Despite the focus of the book, the lessons drawn from the chapters are not limited to Greece. This volume will be of interest to academics, practitioners and policy makers who wish to take a closer look at the Greek debt crisis and learn more about the challenges the Greek economy is currently facing.

The Greek Economy and the Crisis

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Publisher : Springer Science & Business Media
ISBN 13 : 3642211755
Total Pages : 455 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis The Greek Economy and the Crisis by : Panagiotis Petrakis

Download or read book The Greek Economy and the Crisis written by Panagiotis Petrakis and published by Springer Science & Business Media. This book was released on 2011-10-27 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book “The Greek Economy and the Crisis. Challenges and Responses” targets all those who think about the present and future of this (culturally) long-lived small geographic region (Greece), to form a personal view of its social and economic problems. A society that repeats the same types of behaviour over the centuries does not do so due to random mistakes. It contains intrinsic forces that affect it. These should be understood, to allow us to delineate future developments. However, the manner in which the social and economic process is perceived must be comprehensive and multidisciplinary: Economics, politics, social psychology and organizational psychology are essential to this analysis. Thus, the book is useful to those seeking information for their professional, scientific and personal development, allowing them to shape their social attitude. It is also useful to those responsible for taking decisions at national, European or enterprise level, in relation to the social and economic problems of Greece.

Who’s to Blame for Greece?

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Publisher : Springer Nature
ISBN 13 : 3030640817
Total Pages : 432 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Who’s to Blame for Greece? by : Theodore Pelagidis

Download or read book Who’s to Blame for Greece? written by Theodore Pelagidis and published by Springer Nature. This book was released on 2021-05-07 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This expanded and enlarged third edition of Theodore Pelagidis and Michael Mitsopoulos’ popular Who’s to Blame for Greece? covers almost a decade of Greece's economic crisis from 2009 to 2019, as well as recent developments in the first months of 2020. It provides an overview of recent developments in the Greek economy and outlines the most important obstacles to a return to robust and sustainable growth rates. It considers the new optimism being developed in Greece after the crisis, but also the policy challenges facing Greece emanating from a deeply hurt economy in the aftermath of the crisis and the structural problems that persist. The book covers the most recent issues that affect the Greek economy including, the migration crisis at the borders with Turkey as well as a faltering global economy hit by the Covid-19 pandemic. This book will appeal to researchers, practitioners and policy makers interested in the EU and the political economy of Greece and offers valuable updates on the second edition.

The “Greek Crisis” in Europe

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Publisher : BRILL
ISBN 13 : 9004409181
Total Pages : 277 pages
Book Rating : 4.0/5 (44 download)

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Book Synopsis The “Greek Crisis” in Europe by : Yiannis Mylonas

Download or read book The “Greek Crisis” in Europe written by Yiannis Mylonas and published by BRILL. This book was released on 2019-07-22 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “Greek Crisis” in Europe: Race, Class and Politics, analyses the publicity of the so-called “Greek crisis” by deploying critical theory and cultural studies perspectives. The study discloses racial and class media biases, and their associations with austerity.

Understanding the Crisis in Greece

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Publisher : Springer
ISBN 13 : 0230294758
Total Pages : 278 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Understanding the Crisis in Greece by : M. Mitsopoulos

Download or read book Understanding the Crisis in Greece written by M. Mitsopoulos and published by Springer. This book was released on 2011-01-19 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the tensions in the Greek economy take centre stage in the international headlines, this book examines the failed policies and political corruption that have bankrupted the nation. The authors comment on recent bailouts and haircuts and explore the uncertain future of Greece in the Eurozone.

A triumph of failed ideas: European models of capitalism in the crisis

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Author :
Publisher : ETUI
ISBN 13 : 2874522465
Total Pages : 286 pages
Book Rating : 4.8/5 (745 download)

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Book Synopsis A triumph of failed ideas: European models of capitalism in the crisis by : Steffen Lehndorff

Download or read book A triumph of failed ideas: European models of capitalism in the crisis written by Steffen Lehndorff and published by ETUI. This book was released on 2012 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current crisis in Europe is being labelled, in mainstream media and politics, as a ‘public debt crisis’. The present book draws a markedly different picture. What is happening now is rooted, in a variety of different ways, in the destabilisation of national models of capitalism due to the predominance of neoliberalism since the demise of the post-war ‘golden age’. Ten country analyses provide insights into national ways of coping – or failing to cope – with the ongoing crisis. They reveal the extent to which the respective socio-economic development models are unsustainable, either for the country in question, or for other countries. The bottom-line of the book is twofold. First, there will be no European reform agenda at all unless each country does its own homework. Second, and equally urgent, is a new European reform agenda without which alternative approaches in individual countries will inevitably be suffocated. This message, delivered by the country chapters, is underscored by more general chapters on the prospects of trade union policy in Europe and on current austerity policies and how they interact with the new approaches to economic governance at the EU level. These insights are aimed at providing a better understanding across borders at a time when European rhetoric is being used as a smokescreen for national egoism.

Crisis-scapes

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Publisher : The City at a Time of Crisis
ISBN 13 : 1938660153
Total Pages : 224 pages
Book Rating : 4.9/5 (386 download)

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Book Synopsis Crisis-scapes by : Jaya Brekke

Download or read book Crisis-scapes written by Jaya Brekke and published by The City at a Time of Crisis. This book was released on 2014-05-08 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four years and four days. The exact amount of time, that is, that has lapsed since the day the greek state would sign its ‘memorandum of agreement’ with its lenders (the IMF, the EU and the ECB), on May 5, 2010—officially making its own way into the era of global austerity and crisis. An entering that would come with a bang, and very much stay so: from that moment on, the social tension playing out at the greek territory would feature—constantly, it seems—in discussions, analyses and reports the world over. But what is life like in a city that finds itself in the eye of the crisisstorm, how does the everyday reality here compare to Athens’ global media portrait? What kind of lessons might our city be able to learn from the outbreaks of capitalism’s crises elsewhere, and what lessons might the Athenian example be able to offer, in return? The volume that you hold in your hands acts as an accompaniment to a conference that tried to answer some of these questions. ‘Crisis-scapes: Athens and beyond’ took place in the city of Athens on May 9&10, 2014. Over the two days, the conference tried to explore an array of the facets of the crisis in the city, divided between five axes/panels, which are in turn mirrored in the structure of this book: 1. Flows, infrastructures and networks, 2. Mapping spaces of racist violence, 3. Between invisibility and precarity, 4. The right to the city in crisis and 5. Devaluing labour, depreciating land. Five broad axes comprising the vehicles we used to perambulate through the dark landscapes of the crisis. A crisis neither commencing nor ending here, today. Through these conceptual vehicles taking us through Athens, through her spaces and her times, we focused on the particularities of the greek crisis; a crisis first of all concerning the structures, meanings and processes weaving together what we could broadly label as the greek everyday reality. Yet we also believe these particularities ought to be understood within the global financial crisis framework: hence this centrifugal “beyond”. Athens may now be in a position to offer explanations about phenomena taking place much beyond the city’s strict geographical limits. What renders the city a field of experimentation are trials and productions of new means of governance. And they acquire a new meaning when seen as wider tendencies in crisis management. Yet these Athenian testing grounds must at the same time be studied as traces and as future projections of structural readjustments taking place in seemingly disparate locations, but often-times ever so close in their causes and consequences alike. The interventions put together in the present volume try to take another composite look at Athens and its crisis. They try to comprehend the city through crossings and transitions in space and in time.