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Keynesianism, Monetarism and the Crisis of the State - Simon Clarke

£14.99

Product description

First published in 1988, this book has acquired new relevance in the wake of the global financial crisis. This important book focuses on the fundamental theoretical and political issue of the relationship between money and the state raised by the crisis of Keynesianism and the rise of monetarism. Simon Clarke starts with the classical political economists' analysis of the state based on their view of money as the only acceptable form of capitalist regulation. He then draws on Marx's critique of the classical theory of money to develop an analysis of the tendency to the over-accumulation of capital, which underlies the permanence of class struggle and monetary disturbances. He then analyses the liberal form of the capitalist state, which determines the manner in which crises appear politically and ideologically at the level of the state, and whose contradictory form defines the nature and limits of state intervention. This argument is developed through an historical analysis of the rise of the modern state, leading to an original account of the crisis of Keynesianism and the rise of monetarism. The conclusion outlines the implications of the analysis, highlighting the limits of monetarism, the crisis of social democracy and the future of socialism.

Name of original owner handwritten in pen on frontispiece. Various comments in pencil on text.

Item details

Author(s):
Keynesianism, Monetarism and the Crisis of the State
Condition:
Fair
Dimensions:
22.5 x 14.5 cm
Edition:
1988 Edition
Format:
Hardback
ISBN-10:
185278010X
ISBN-13:
9781852780104
Number of pages:
368
Publisher:
Edward Elgar Publishing
Title:
Simon Clarke

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About this item

First published in 1988, this book has acquired new relevance in the wake of the global financial crisis. This important book focuses on the fundamental theoretical and political issue of the relationship between money and the state raised by the crisis of Keynesianism and the rise of monetarism. Simon Clarke starts with the classical political economists' analysis of the state based on their view of money as the only acceptable form of capitalist regulation. He then draws on Marx's critique of the classical theory of money to develop an analysis of the tendency to the over-accumulation of capital, which underlies the permanence of class struggle and monetary disturbances. He then analyses the liberal form of the capitalist state, which determines the manner in which crises appear politically and ideologically at the level of the state, and whose contradictory form defines the nature and limits of state intervention. This argument is developed through an historical analysis of the rise of the modern state, leading to an original account of the crisis of Keynesianism and the rise of monetarism. The conclusion outlines the implications of the analysis, highlighting the limits of monetarism, the crisis of social democracy and the future of socialism.

Name of original owner handwritten in pen on frontispiece. Various comments in pencil on text.

Author(s):
Keynesianism, Monetarism and the Crisis of the State
Condition:
Fair
Dimensions:
22.5 x 14.5 cm
Edition:
1988 Edition
Format:
Hardback
ISBN-10:
185278010X
ISBN-13:
9781852780104
Number of pages:
368
Publisher:
Edward Elgar Publishing
Title:
Simon Clarke

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