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Capitalist Crisis

Capitalist Crisis

CAPITALISM, CRISIS AND ALTERNATIVES

Book Launch with Ozlem Onaran, Sean Thompson and Susan Pashkoff

Meet and hear some of the authors of the new title from Resistance Books:

Ozlem Onaran, Sean Thompson and Susan Pashkoff

WEDNESDAY 2 MAY, 7:30pm

Community Centre, 62 Marchmont Street, WC1N 1AB

(Kings Cross and Russell Square tubes)

 

Four years on from the start of the crisis, there is no recovery in sight. The Cameron-Clegg government may claim thatBritainis on the mend, but for the 99% of us the prospect for years to come is falling real incomes and insecurity. Meanwhile the Eurozone crisis rumbles on, with no strategy except deep austerity for countries like Italy and Spain, let alone Greece and Portugal.

This new book analyses the crisis in different regions and is a contribution to the debates about alternatives. In addition to a general analysis of the crisis including how it affects women, contributions coverBritain, the European Union, there are also contributions on the eco-socialist alternatives to capitalism.

 

CAPITALISM – CRISIS AND ALTERNATIVES 280 pages, £9 (inc p&p)

Available from Resistance Books, PO Box 62732, London, SW2 9GQ

 

Contents:

WHERE IS THE CRISIS GOING? Michel Husson

THE CRISIS IN BRITAIN, Andy Kilmister

AUSTERITY AND THE LIES THAT IMPOVERISH, Susan Pashkoff

A GREEN INDUSTRIAL REVOLUTION, Sean Thompson

MARXISM AND THE CRISIS, John Rees

A FISCAL CRISIS OR A CRISIS OF DISTRIBUTION? Ozlem Onaran

THE DEBT IN THE NORTH: SOME ALTERNATIVE PATHS, Eric Toussaint

WOMEN’S CRISES, Sandra Ezquerra

EASTERN EUROPEFACED WITH THE CRISIS OF THE SYSTEM, Catherine Samary

CHINA’S RISE AMIDST THE CRISIS, Jean Sanuk

LATIN AMERICA’S CRISIS, Claudio Katz

IN THE EYE OF THE STORM: THE DEBT CRISIS IN THE EUROPEAN UNION, Eric Toussaint

 

**END**

‘Stagnant’ – a new remix and new video by Cold Hands & Quarter Moon: http://www.youtube.com/watch?v=YkP_Mi5ideo  

‘The Lamb’ by William Blake – set to music by Victor Rikowski: http://www.youtube.com/watch?v=vw3VloKBvZc

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon: http://www.myspace.com/coldhandsmusic

Volumizer: http://glennrikowski.blogspot.com

Austerity

17th WORKSHOP ON ALTERNATIVE ECONOMIC POLICY IN EUROPE

Call for Papers for the annual conference of the EuroMemo Group in September 2011 in Vienna
Working Group of European Economists for an Alternative Economic Policy in Europe

Call for Papers for the 17th Workshop on Alternative Economic Policy in Europe:
European Integration at the Crossroads: Deepening or Disintegration?
16-18 September 2011 at the C3-Center for International Development in Vienna/Austria

Dear colleagues
This year’s EuroMemo Group conference will be held in Vienna from 16-18 September 2011.
The conference will open on the afternoon of Friday, 16 September with the customary plenary on the State of theUnion.

We are pleased to announce the two key speakers:
The Political State of the Union, Birgit Mahnkopf (Berlin School of Economics and Law)
The Economic State of the Union, Ozlem Onaran (Middlesex University, London)

We would like to invite you to attend the conference and to submit proposals for papers for one of the four workshops shown below. These should address the key themes of EU policy in each area.

Workshop 1: Austerity policies – Coordinator: Marica Frangakis

Austerity policies are being imposed in a number of EU member states, most notably in the euro area periphery and in Central and Eastern Europe. This workshop aims to examine developments in specific countries, giving special emphasis to the degradation of social protection systems and of labour market institutions, and the implications for youth unemployment and the organization of old-age security.

Workshop 2: The future of the eurozone – Coordinator: Trevor Evans

Developments of the past year raise the danger of a disintegration of the eurozone.  As some members states struggle to deal with rising levels of public and private debt, the EU has promoted new governance measures that look set to exacerbate the situation. Contributions are invited that address macroeconomic imbalances, debt and the banking crisis, monetary policy and the role of the ECB, the European Stability Mechanism, and the Pact for the Euro.
Workshop 3: The EU and the world – Coordinator: Werner Raza
Developments in neighbouring Mediterranean countries highlight just one of the international challenges faced by the EU. This workshop seeks papers that address the issues of migration, trade policy, EU development policies, as well as, more generally, the role of the EU in global governance, in particular the G20.

Workshop 4: Energy, climate change and sustainability, after Fukushima– Coord.: Frieder O. Wolf
The crisis in Japan dramatically focused public attention on the pressing urgency for a fundamental change in energy policy. Papers are invited that will address the challenge of developing policies that promote social, economic and environmental sustainability.

Proposals for papers together with a short abstract (maximum 250 words) should be submitted by 30 June. If accepted, completed papers should be submitted by 1 September.

If you would like to participate in the workshop, please copy the registration form below into an email and reply by the 30 June 2011 to euromemo@uni-bremen.de indicating:
– that you would like to participate and
– whether you wish to offer a paper for one of the workshops.

Please note that there will be a conference fee collected at the venue (20 Euro / 10 Euro for students).

The C3-Center for International Development http://www.centrum3.at/start_en.htm is located in the centre of Vienna, close to the “Altes AKH”-campus of the University of Vienna. Information sheets with details about travel arrangements and hotel bookings are attached. A contingent of rooms has been reserved at three hotels in Vienna. Please use the attached form to make your own bookings. Please be aware that early booking is strongly recommended to secure a room at one of the hotels.

We look forward to seeing you in Vienna!
Best wishes,
for the EuroMemo Group

Werner Raza, Wlodzimierz Dymarski, Miren Etxezarreta, Trevor Evans, Marica Frangakis, John Grahl, Jacques Mazier, Mahmood Messkoub, Catherine Sifakis, Frieder Otto Wolf, Diana Wehlau

European Economists for an Alternative Economic Policy in Europe
EuroMemo Group
E-Mail  >>  euromemo@uni-bremen.de
Internet  >>  http://www.euromemo.eu

EuroMemo Group at Facebook
The EuroMemo Group has launched a EuroMemo Facebook page. Stay up to date with latest news on activities of the EuroMemo Group and link up with supporters of the group from all over Europe. Simply click the “Like” button and use this page to start networking. To view the page, click here: http://www.facebook.com/pages/EuroMemo-Group/176017092438968?v=wall.

EuroMemo Group-Newsletter
If you would like to receive the newsletter of the EuroMemo Group or if you wish to cancel your subscription, please visit the website of the EuroMemo Group here: http://www.euromemo.eu/information_and_support/index.html.

Registration form for the 17th Workshop on Alternative Economic Policy in Europe
(please reply to euromemo@uni-bremen.de by 30 June 2011)
Yes, I intend to participate in the 17th Workshop on Alternative Economic Policy in Europe
(16-18 September 2010 in Vienna)

First Name:

Last Name:

Institution:

Address:

Telephone:

e-mail:

Yes, I wish  to contribute a paper

Title of the Paper:

For the Saturday-morning Workshop on:

Abstract (max. 250 words):

*****

– EuroMemo Group – http://www.euromemo.eu

 

**END**

 

‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=2h7tUq0HjIk (live)

 

‘Maximum levels of boredom

Disguised as maximum fun’

Cold Hands & Quarter Moon, ‘Stagnant’ at: http://www.myspace.com/coldhandsmusic (recording) and http://www.youtube.com/watch?v=GLjxeHvvhJQ (live, at the Belle View pub, Bangor, north Wales)  

 

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

The Ockress: http://www.theockress.com

Rikowski Point: http://rikowskipoint.blogspot.com

Volumizer: http://glennrikowski.blogspot.com

Capitalism in Crisis

BEYOND THE HEADLINES – THE POLITICAL ECONOMY OF THE CRISIS

A workshop organised by the Political Economy Research Group

Tuesday 15th June, 9.00-6.00pm
John Galsworthy building JG1005 and JG1006,
Penrhyn Road campus, Kingston University

World capitalism has entered its worst economic crisis since the inter-war period of the twentieth century. Is this crisis simply due to poor regulation of the financial sector or does it reflect an intrinsic instability in capitalism? Does it mark the end of Neoliberalism? What economic policy conclusions are we to draw from the crisis and what will the new rules for financial regulation, monetary policy and fiscal policy look like? Do we need minor reforms or is capitalism itself in question? The workshop will discuss the causes and the nature of the present crisis as well as the future of economic policy, with a special focus on Europe.

Timetable

9.00     Registration + coffee

9.30     Opening (TBA)

10.00-12.00    The causes and the nature of the crisis, chair: Julian Wells

* John Grahl, Middlesex University:  Financial causes of the crisis

* Engelbert Stockhammer, Kingston University: Neoliberalism, income distribution and the causes of the crisis

* Alan Freeman, Association for Heterodox Economics: The causes of the USA’s long-term economic decline

Lunch

13.30-15.30    The future of monetary and fiscal policy, chair: Paul Auerbach

* Victoria Chick, University College London: The return of Keynes?

* Dominique Plihon, University Paris 13: The new role of central banks in financial regulation

* Philip Arestis, Cambridge University: Current Crisis and Economic Policy Implications

16.00-18.00    The future of economic policy in Europe, chair: Engelbert Stockhammer

* Costas Lapavitsas, SOAS: Beggar your neighbour and thyself

*   Ozlem Onaran, Middlesex University:  The Crisis in Europe, East and West

* Malcolm Sawyer, Leeds University: Can the European Union ever have full employment?

Reception

The Political Economy Research Group:

The Political Economy approach highlights the role of effective demand, institutions and social conflict in economic analysis and thereby builds on Austrian, Institutionalist, Marxist, and Keynesian traditions. Economic processes are perceived to be embedded in social relations that must be analysed in the context of historical considerations, power relations and social norms.  As a consequence, a broad range of methodological approaches is employed, and cooperation with other disciplines, including history, law and other social sciences, is necessary.

Booking and further information:
Participation is free, but registration is necessary at http://fass.kingston.ac.uk/activities/conferences/register/
For more information, please visit: http://fass.kingston.ac.uk/activities/item.php?updatenum=1381
For directions: http://www.kingston.ac.uk/aboutkingstonuniversity/location/howtofindus/

Capitalist Crisis

Posted here by Glenn Rikowski

All that is Solid for Glenn Rikowski: https://rikowski.wordpress.com

The Flow of Ideas: http://www.flowideas.co.uk

MySpace Profile: http://www.myspace.com/glennrikowski

Cold Hands & Quarter Moon at MySpace: http://www.myspace.com/coldhandsmusic

Wavering on Ether: http://blog.myspace.com/glennrikowski

Capitalism in Crisis

Capitalism in Crisis

TOWARDS A MARXIST ANALYSIS OF THE GLOBAL CRISIS

 

The International Institute for Research and Education: http://www.iire.org

Seminar: Towards A Marxist Analysis of the Global Crisis

On 2-4 October, the IIRE held its first international Economy Seminar on the Global Crisis. Thirty-six participants, economists and non-specialists, from Europe, Africa, Asia and Latin America attended the three-day event which was open to activists from different tendencies of the radical left.

The objectives of the seminar were to analyse the nature, characteristics and consequences of the current global economic crisis, from perspectives relevant to social activists, and to fortify the global network of Marxist economists. All talks will be available at the IIRE podcast, which we expect to launch with the next newsletter. For now it is possible to download all the talks in one file (original languages, more than 500MB).

Three main questions guided the various sessions of the weekend. First, what is the nature or cause of the crisis? Second, what are the social, economic and political consequences? Finally, what are the links between the current economic crisis and the global ecological and food crises? A solid look at Keynesianism, Ernest Mandel’s contribution on long waves and economic cycles and a (self-) critical take on discourse and propaganda were activities that peppered the debates.

The seminar kicked off with a well-attended public meeting on the crisis with guest speakers Chris Harman of the SWP in Britain and IIRE fellows Michel Husson of the French National Institute for Statistics and Economic Studies and Claudio Katz of the University of Buenos Aires.

François Chesnais (France) opened the seminar itself with an introduction on the role that the so-called financialisation of the economy had in the global crisis. He stated that the crisis cannot be labelled either financial or financialised. Rather, the current crisis has its roots deep in the process of capital accumulation, which, revealing its contradictions, should lead us to look at the dynamics of productivity, the rate of profit and its distribution. The discussion that followed generated a debate between over-accumulation versus under-consumption as explanations for understanding the crisis.

Ozlem Onaran (Turkey), Claudio Katz (Argentina) and Bruno Jetin (France) presented reports on the conditions of the European, Latin American and Asian economies. The debates paved the way for a deeper understanding on how the crisis is perceived and dealt with in the different regions. Participants concluded that an essential characteristic of the crisis is the lack of de-linking tendencies among countries and continents; on the contrary, the efforts to save capitalism have been concerted and almost unanimous.

Michel Husson (France) and Klaus Engert (Germany) analysed the crisis in the framework of the theory of long waves. According to this theory, elaborated by IIRE founder Ernest Mandel, it is possible to use important endogenous factors, i.e. related to the logic of capital and its internal contradictions, to explain the general fall in accumulation that began during the 1970s and has not yet concluded. This discussion left open the possibility of a new ascending wave of economic growth and capitalist accumulation dependent on such exogenous factors as a radical change of the relationship of forces between the classes. One of the conclusions, therefore, was that another wave of attacks on the working class is most likely on its way.

Eric Toussaint (Belgium) emphasised that there is no automatic link between the fact that the crisis is being paid for by workers and the popular masses, and an increase of social struggles. Political, ideological and organisational factors will also play a role in the development of the struggles.

Esther Vivas (Spain) and Daniel Tanuro (Belgium) brought in a fundamental analytical dimension with their introductions: the economic crisis cannot be observed in isolation from the global ecological and food crises. Vivas presented the causes and structure of the food crisis: the current model of agricultural and livestock production is in a large measure responsible for climate change. Tanuro demonstrated how the official, ruling class responses to climate change are insufficient, unreal, irrational and even put us in more danger. He argued that eco-socialists should push for and end to unnecessary production, the retraining of workers in affected sectors and the development of a new agricultural model instigated by radical anti-capitalist measures.

Overall, the analyses revealed that the crisis is systemic, that those who are paying for it are the popular and working classes, and that now, more then ever, it is necessary to build an emancipatory, global anti-capitalist and eco-socialist project.

Posted here by Glenn Rikowski

The Flow of Ideas: http://www.flowideas.co.uk