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Andrew Kliman

THE FAILURE OF CAPITALIST PRODUCTION – ANDREW KLIMAN

 Salford Business School presents:

The Failure of Capitalist Production: Underlying Causes of the Great Recession

Professor Andrew Kliman of Pace University offers exemplary theoretical insight as well as analysis of economic data, and therefore explains the causes and the development of recent crises in unparalleled ways.

Andrew Kliman is the author of numerous academic articles and books that centre on the creation and the capture of economic value in Marx’s tradition.

Book details: http://www.plutobooks.com/display.asp?K=9780745332390

For more information please contact:
Dr. Thoralf Dassler
t.dassler@salford.ac.uk

6pm, Tuesday, 6 March 2012
Room G21, Mary Seacole Building
Frederick Road Campus
University of Salford,M5 4WT

**END**

 

‘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)  

 

‘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

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

Volumizer: http://glennrikowski.blogspot.com

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Crisis Sublime

ORIGINS OF THE CURRENT CRISIS: CONSEQUENCES AND POLITICAL ALTERNATIVES

Two-day seminar in Helsinkiand Tampere:

with

Professor Alex Demirović, Berlin, and Professor Andrew Kliman, New York.

PART I

Wednesday 29.2.2012 at 4.15 pm. at the University of Tampere, Linna Building, Väinö Linna Hall, Kalevantie 5, Tampere

Origins of the Current Crises

Opening words: Antti Ronkainen

PART II

Thursday 1.3.2012 at 3.15 pm. at the House of Science and Letters, Lecture Hall 505, Kirkkokatu 6, Helsinki

Consequences and Political Alternatives

Opening words: Juha Koivisto

The seminar is organized by the Finnish Karl Marx Society, the Finnish Society for Marxist Social Science, the School of Social Sciences and Humanities and School of Communication, Media and Theatre, University of Tampere.

**END**

‘Human Herbs’ – a new remix and new video by Cold Hands & Quarter Moon: http://www.youtube.com/watch?v=Au-vyMtfDAs

‘Cheerful Sin’ – a song by Victor Rikowski: http://www.youtube.com/watch?v=tIbX5aKUjO8

Posted here by Glenn Rikowski

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

Volumizer: http://glennrikowski.blogspot.com

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Andrew Kliman

ANDREW KLIMAN AT BOOKMARKS BOOKSHOP

PRESENTS

The Failure of Capitalist Production
with Andrew Kliman
5 March, 6.30pm £2* (refreshments inc)

The recent financial crisis and Great Recession have been analysed endlessly but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx’s crisis theory can explain these events.

Kliman’s conclusion is simple but shocking: short of socialist transformation, the only way to escape the stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s.

Venue: Bookmarks Bookshop, 1 Bloomsbury Street, WC1B 3QE
*£2 redeemable against any purchase on the night

Please contact us to reserve a place, 020 7637 1848: events@bookmarks.uk.com

Liberate Your Mind!
Bookmarks Bookshop
1 Bloomsbury Street
London
WC1B 3QE
020 7637 1848
http://www.bookmarksbookshop.co.uk

Follow us on twitter: @bookmarks_books

See our book of the month on the website!

**END**

 

‘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, northWales)  

 

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

‘Cheerful Sin’ – a song by Victor Rikowski: http://www.youtube.com/watch?v=tIbX5aKUjO8

 

Posted here by Glenn Rikowski

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

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Andrew Kliman

ANDREW KLIMAN TALK – NEW YORK CITY

Monday February 6th, 2012 @ 7:00 PM:
Bluestockings Books
172 Allen St.
New York, NY 10002
212.777.6028

Andrew Kliman will discuss his just-published book, The Failure of Capitalist Production (Pluto Press 2011), and how he was frequently surprised by what he uncovered when doing the research behind it. Much conventional wisdom on the left attributes the Great Recession to free-market policies, “financialization” of the economy, and stagnant wages. Kliman himself is a leftist economist, yet the more he delved into the data, the more he came to reject such explanations. In the end, he concluded, Karl Marx’s theory of economic crisis fits the facts.

The Great Recession and its persistent after-effects are the results of a half-century-long decline in profitability and the consequences of that decline––decades of weak investment, sluggish economic growth, and mounting debt problems. Kliman will also explore possible pathways out of this crisis of profitability.

See: http://www.plutobooks.com/display.asp?K=9780745332406&

Biography: Andrew Kliman, a Professor of Economics at Pace University in New York, is the author of Reclaiming Marx’s “Capital”: A Refutation of the Myth of Inconsistency” (Lexington Books 2007) and other writings on crisis theory, value theory, and related topics.

Interview on the recently released book: http://dietsoap.podomatic.com/entry/2011-11-07T00_29_14-08_00

I bought Kliman’s book: it’s brilliant! It cleared up so many formerly perplexing issues regarding the ‘current’ crisis of capital. I urge one and all to buy it! — Glenn Rikowski (University of Northampton).

**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)  

‘Cheerful Sin’ – a song by Victor Rikowski: http://www.youtube.com/watch?v=tIbX5aKUjO8

‘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

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

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

Volumizer: http://glennrikowski.blogspot.com

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski

Andrew Kliman

THE FAILURE OF CAPITALIST PRODUCTION: UNDERLYING CAUSES OF THE GREAT RECESSION

The Failure of Capitalist Production: Underlying Causes of the Great Recession
Andrew Kliman

Paperback | 9780745332390 | £17.99 / $29
Hardback | 9780745332406 | £60 / $95

For more information or to buy the book visit: http://www.plutobooks.com/display.asp?K=9780745332390

‘One of the very best of the rapidly growing series of works seeking to explain our economic crisis…The scholarship is exemplary and the writing is crystal clear. Highly recommended!’ – Professor Bertell Ollman, New York University, author of ‘Dance of the Dialectic’

‘Clear, rigorous and combative. Kliman demonstrates that the current economic crisis is a consequence of the fundamental dynamic of capitalism, unlike the vast bulk of superficial contemporary commentary that passes for economic analysis.’ – Rick Kuhn, Deutscher Prize winner, Reader in Politics at the Australian National University

‘Among the myriad publications on the present day crisis, this work stands out as something unusual. Kliman is an excellent theorist, and an equally excellent analyst of empirical data.’ – Paresh Chattopadhyay, Université du Québec à Montréal

The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is one of the few books to conclude, on the basis of in-depth analyses of official US data, that Marx’s crisis theory can explain these events.

Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman’s careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt – and ultimately to the Great Recession.

Kliman’s conclusion is simple but shocking: short of socialist transformation, the only way to escape the ‘new normal’ of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s.

ANDREW KLIMAN is Professor of Economics at Pace University, New York. He is the author of ‘Reclaiming Marx’s ‘Capital’: A Refutation of the Myth of Inconsistency’ and many writings on crisis theory, value theory and other topics.

Acknowledgements
List of Abbreviations
List of Tables
List of Figures

1. Introduction
2. Profitability, the Credit System, and the “Destruction of Capital”
3. Double, Double, Toil and Trouble: Dot-com boom and home-price bubble
4. The 1970s – Not the 1980s – as Turning Point
5. Falling Rates of Profit and Accumulation
6. The Current-cost “Rate of Profit”
7. Why the Rate of Profit Fell
8. The Underconsumptionist Alternative
9. What Is to Be Undone?

Bibliography
Index

INSPECTION COPIES

To request an inspection copy please send the following details to jonm@plutobooks.com:

– the course name
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You can also request inspection copies using our online form at www.plutobooks.com/lecturers.asp.

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Best regards,
Jonathan Maunder

Academic Marketing
Pluto Press
Email: jonm@plutobooks.com
Tel: 020 8348 2724
www.plutobooks.com

 

**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)  

 

‘Cheerful Sin’ – a new song by Victor Rikowski: http://www.youtube.com/watch?v=tIbX5aKUjO8

 

Posted here by Glenn Rikowski

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

Volumizer: http://glennrikowski.blogspot.com

Online Publications at: http://www.flowideas.co.uk/?page=pub&sub=Online%20Publications%20Glenn%20Rikowski

Glenn Rikowski on Facebook at: http://www.facebook.com/glenn.rikowski