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Crisis in the Global Economy

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Crisis in the Global Economy

Financial Markets, Social Struggles, and New Political Scenarios

Format

Paperback

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Crisis in the Global Economy
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Description

Crisis in the Global Economy is the latest and most innovative collective reflection on the state of global capitalism, developed in the mobile "multiversity" of the UniNomade network of international researchers and activists during the months immediately following the first signals of the current financial and economic crisis. It constitutes the first organic and interdisciplinary attempt to analyze a crisis that is not merely financial in nature but implicates globalization and neoliberal capitalism.Crisis in the Global Economy begins with the recognition that the current financial crisis is a systemic crisis of the entire capitalistic system as it has been developing since the 1890s. Taking as its premise that today's financial markets are the pulsing heart of cognitive capitalism, financing the activity of accumulation, Crisis in the Global Economy shows how the flow of capital rewards production that exploits knowledge and controls spaces beyond traditional business. The ineffectiveness of the extraordinary economic measures taken by single nation-states over the past few months demonstrates that this crisis is of a completely different order. A financial crisis that affects the "real economy" shows that financialization is one of the most recent and perverse articulations of capitalism.The contributions to Crisis in the Global Economy invite us to consider exit strategies from the current crisis--strategies that may lead us toward a new horizon of constructing the common.

Author Biography

Sandro Mezzadra teaches in the Department of Political Science in the University of Bologna.
Release date Australia
May 14th, 2010
Contributors
Afterword by Antonio Negri Edited by Andrea Fumagalli Edited by Sandro Mezzadra Introduction by Sandro Mezzadra Translated by Jason Francis Mc Gimsey
Country of Publication
United States
Illustrations
13 charts
Imprint
Semiotext (E)
Interest Age
From 18
Pages
304
Dimensions
152x229x20
ISBN-13
9781584350873
Product ID
3958190

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