The Socialist Register 2012

The Crisis and The Left

Edited by Greg Albo, Vivek Chibber and Leo Panitch  

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As the crisis continues to bite deeper into the lives of people around the world, The Socialist Register 2012: The Crisis and the Left considers how the Left has responded and asks if it can offer a viable alternative. Examining the crisis in a variety of geographic areas including Africa, Latin America, Europe and China, contributors explore many themes of crisis from finance to climate, oil and auto to poverty and over-accumulation.

Contributors: Nicole Aschoff • Elmar Altvater • Patrick Bond • Paul Cammack • Adam Hanieh • David Harvey • Michel Husson • Ho Fung Hung • Ursula Huws • Claudio Katz • Paeder Kirby • Costas Lapavitsas • Larry Lohmann • David McNally • Frances Fox Piven • Adolph Reed & Merlin Chowkwanyun • Jan Toporowski • Galip Yalman.

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  • Preface
  • The Urban Roots of Financial Crises: Reclaiming the City for Anti-capitalist Struggle
  • Slump, Austerity and Resistance
  • Crisis as Capitalist Opportunity: New Accumulation through Public Service Commodification
  • Financialization, Commodification and Carbon: The Contradictions of Neoliberal Climate Policy
  • The New American Poor Law
  • A Tale of Two Crises: Labour, Capital and Restructuring in the US Auto Industry
  • Race, Class, Crisis: The Discourse of Racial Disparity and its Analytical Discontents
  • Finance Oil and the Arab Uprisings: The Global Crisis and the Gulf States


  • Greg Albo

    York University

    Greg Albo is a professor of Political Science at York University in Toronto.

  • Vivek Chibber

    New York University

    Vivek Chibber is Professor of Sociology at New York University.

  • Leo Panitch

    York University

    Leo Panitch is a Distinguished Research Professor, renowned political economist, Marxist theorist and editor of the Socialist Register. He received a B.A. (Hons.) from the University of Manitoba in 1967 and a M.Sc.(Hons.) and PhD from the London School of Economics and Political Science in 1968 and 1974, respectively. He was a Lecturer, Assistant Professor, Associate Professor and Professor at Carleton University between 1972 and 1984. He has been a Professor of Political Science at York University since 1984. He was the Chair of the Department of Political Science at York from 1988-1994. He was the General Co-editor of State and Economic Life series, U. of T. Press, from 1979 to 1995 and is the Co-founder and a Board Member of Studies in Political Economy. He is also the author of numerous articles and books dealing with political science including The End of Parliamentary Socialism (1997). He was a member of the Movement for an Independent and Socialist Canada, 1973-1975, the Ottawa Committee for Labour Action, 1975-1984, the Canadian Political Science Association, the Committee of Socialist Studies, the Marxist Institute and the Royal Society of Canada. He is currently a supporter of the Socialist Project.

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