Neoliberalism in Crisis : A Marxist Analysis
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This article argues that the current global crisis is a crisis in neoliberal capitalism, although this is not - yet - a crisis of neoliberalism. The article examines five aspects of financialisation in order to locate neoliberalism and the crisis historically. These include the financialisation of capital accumulation, the global economy, the state, ideology, and the reproduction of the working class. The crisis is then contextualised in terms of the contradictions of these aspects of neoliberalism. The article concludes with a review of the key limitations of neoliberalism, and the challenges and alternatives open to the left at this juncture.
Abstract
This article argues that the current global crisis is a crisis in neoliberal capitalism, although this is not - yet - a crisis of neoliberalism. The article examines five aspects of financialisation in order to locate neoliberalism and the crisis historically. These include the financialisation of capital accumulation, the global economy, the state, ideology, and the reproduction of the working class. The crisis is then contextualised in terms of the contradictions of these aspects of neoliberalism. The article concludes with a review of the key limitations of neoliberalism, and the challenges and alternatives open to the left at this juncture.
참고문헌 (21)
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