In and Out of Crisis
The Global Financial Meltdown and Left Alternatives
While many are wondering if another world is possible, few are mapping out avenues to a post-capitalist future. In this groundbreaking analysis of the meltdown, renowned political economists Albo, Gindin and Panitch locate the roots of the crisis in the inner logic of capitalism itself and illuminate how the era of neoliberal free markets has been undergirded by massive state intervention. The authors argue that it’s time to start thinking about transformative alternatives to capitalism – and how to build the collective capacity to get us there. In and Out of Crisis stands to be the enduring critique of the crisis.
About the book
While many are wondering if another world is possible, few are mapping out avenues to a post-capitalist future. In this groundbreaking analysis of the meltdown, renowned political economists Albo, Gindin and Panitch locate the roots of the crisis in the inner logic of capitalism itself and illuminate how the era of neoliberal free markets has been undergirded by massive state intervention. The authors argue that it’s time to start thinking about transformative alternatives to capitalism – and how to build the collective capacity to get us there. In and Out of Crisis stands to be the enduring critique of the crisis.
What people are saying
Doug Henwood, Left Business Observer, author of After the New Economy and Wall Street“Once again, Panitch, Gindin, and Albo show that they have few rivals and no betters in analyzing the relations between politics and economics. … At once sobering and inspiring, this is one of the few pieces of writing … that’s essential to understanding the sources and uses of crisis. Splendid and essential.”
Contents
- Preface
- Surveying the Crisis: Is Neoliberalism Over?
- Neoliberalism, Finance, and Crises
- Finance, Regulation, and the American State
- Crisis Management from Bush to Obama
- From Finance to Industry: The Crisis in Auto
- Labor’s Impasse and the Left
- Another Way out of the Crisis? Strategic Considerations for the North American Left
- Ten Theses on the Crisis
- Suggested Readings
- Notes