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THE RISE AND FALL OF NEOLIBERAL CAPITALISM - KOTZ, DAVID M. - NEW PAPERBACK

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
LOC
BCASE7 THRD SHELF
ISBN
9780674980013

About this product

Product Identifiers

Publisher
Harvard University Press
ISBN-10
0674980018
ISBN-13
9780674980013
eBay Product ID (ePID)
235520715

Product Key Features

Edition
2
Book Title
Rise and Fall of Neoliberal Capitalism : with a New Preface
Number of Pages
304 Pages
Language
English
Topic
Economics / Macroeconomics, Economic Conditions, Public Policy / Economic Policy, Political Ideologies / Conservatism & Liberalism
Publication Year
2017
Illustrator
Yes
Genre
Political Science, Business & Economics
Author
David M. Kotz
Format
Trade Paperback

Dimensions

Item Height
0.8 in
Item Weight
15.4 Oz
Item Length
9.2 in
Item Width
6.3 in

Additional Product Features

LCCN
2014-017153
Dewey Edition
23
Reviews
Whereas [others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book--one among many important contributions to our knowledge that makes it worthwhile...In analyzing how neoliberalism worked, Kotz makes an important contribution to our understanding of the roots of the economic crisis of 2008 and the failure of the economy to rebound., Professor Kotz provides an instructive analysis of the neoliberal form of capitalism prevailing in the United States--its origins, its modus operandi , its critical weaknesses, and its future prospects. Particularly illuminating is his history of the U.S. economy, showing how successive institutional forms of capitalism have resulted in a crisis that can only be resolved through significant institutional change., Whereas [others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book-one among many important contributions to our knowledge that makes it worthwhile...In analyzing how neoliberalism worked, Kotz makes an important contribution to our understanding of the roots of the economic crisis of 2008 and the failure of the economy to rebound., Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism., Kotz has written a highly readable book that is easily accessible to the general public. The book would serve as an excellent companion for courses in macroeconomics and economic history., David Kotz gives an insightful and original account of the origins of the economic crisis. He attributes it to a massive upward redistribution of income. This in turn led to a surge in debt, financial crisis, and huge excess capacity. His outline of possible paths of recovery should give readers much to consider., Here is the carefully researched backstory to how the heyday of right-wing economic policies came about, and why it is ending. Kotz provides the most compelling explanation to date of how a coalition of U.S. business interests dismantled the institutions and norms that had underpinned the long period of shared growth from the end of the Second World War to the early 1970s. He goes on to show how the return to a more free-market version of capitalism allowed them to hold down wages and expand their wealth, while setting the U.S. economy on course for the financial shipwreck of 2008. This is a convincing account of a sorry chapter in the history of the U.S. economy, now coming to a close., Professor Kotz provides an instructive analysis of the neoliberal form of capitalism prevailing in the United States-its origins, its modus operandi , its critical weaknesses, and its future prospects. Particularly illuminating is his history of the U.S. economy, showing how successive institutional forms of capitalism have resulted in a crisis that can only be resolved through significant institutional change., Kotz contrasts neoliberal capitalism (1979-2007) with its predecessor, regulated capitalism (1948-73), in order to explain the development of the financial crisis and subsequent recession that began in the U.S. in 2007, which he views as the greatest challenge for neoliberal capitalism to date. His neo-Marxian analysis is set within a historical treatment of U.S. political economy and offers a wealth of institutional comparisons and economic data in its discussion of the unique characteristics of the recent period... The goal of the book is to explain how neoliberal institutions gave rise to the financial crisis; while Kotz does not attempt to predict Western capitalism's next institutional form, he offers a number of reasonable and insightful considerations about its possible future directions.
Dewey Decimal
330.12/2
Synopsis
The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. "Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism." --Edwin Dickens, Science & Society "Whereas others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book--one among many important contributions to our knowledge that makes it worthwhile." --Michael Meeropol, Challenge, The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. "Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism." --Edwin Dickens, Science & Society "Whereas [others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book--one among many important contributions to our knowledge that makes it worthwhile." --Michael Meeropol, Challenge
LC Classification Number
HB95.K67 2017

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