The Political Economy of Global Capitalism and Crisis

Dunn, Bill

doi:10.4324/9781315796680

Cited by 8 publications

(4 citation statements)

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“…My prejudices, which I cannot defend properly here, are Marxist ones, which begin with class and capital and see the principal moments of change as a series of working-class and left political defeats and a shift in the dynamics of accumulation (Dunn 2014; Walker 1999). It is, of course, immediately necessary to qualify any such description.…”

Section: The Politics Of Anti-neoliberalismmentioning

confidence: 97%

Against neoliberalism as a concept

Dunn

2016

Capital & Class

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Neoliberalism is a slippery concept, neither intellectually precise nor political useful. It is used so widely, to mean such different things, that it becomes almost impossibly vague, while dissimilar international experiences of social change undermine the sweeping designation provided by most presentations of neoliberalism. The term is too often used as a catch-all category or as a category that catches selectively whatever a particular author chooses and disapproves. It is a word of the academic ‘left’, accepted neither by our opponents, the supposed neoliberals, nor in popular discourse, and its use perpetuates a self-referential world of our own. There is little new or liberal in the ideas or practices of ‘neoliberalism’. The term is politically unhelpful, little use in identifying strategic priorities. A tendency to reproduce a binary, which posits the state as good and market as bad, is particularly unhelpful.

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Section: The Politics Of Anti-neoliberalismmentioning

confidence: 97%

Against neoliberalism as a concept

Dunn

2016

Capital & Class

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“…While capitalist imperatives limit and condition what states can do, these imperatives are both complex and contradictory. This is not an essay on Marx’s analysis of capitalism and crises (see, for example, Clarke, 1994; Dunn, 2014). However, it is worth emphasising that Marx’s analysis of capitalism’s dynamics was multilayered and not mono-causal.…”

Section: Capital the State And The Interstate Systemmentioning

confidence: 99%

“…Among other things, by 2012, the collective profits of the Fortune 500 leading global companies had doubled from USD800 billion in 2009, rebounding to their pre-crisis levels. Their total revenues reached new heights of USD29.5 trillion (Dunn, 2014: 142). Austerity met capital’s immediate interests.…”

Section: Capitalist Imperatives and The Crisis This Timementioning

confidence: 99%

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Making sense of austerity: The rationality in an irrational system

Dunn

2014

Econ. labour relat. rev.

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This article understands contemporary austerity through historical comparisons informed by Marxist insights into the nature of the state. It argues that austerity policies make sense from the perspective of capital–labour, inter-capitalist and international competition. Differences among states over time, in terms of their size and international situation and contested domestic relations, produce varied imperatives towards austerity and prospects of effective resistance.

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Arrighi’s pendulum: (Re)reading The Evolution of International Society in the twenty-first century

Lubbock

2023

Int Polit

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In re-reading Watson’s The Evolution of International Society through the work of Giovanni Arrighi, this article makes two contributions to the English School (ES). Firstly, I offer a more grounded analysis of Watson’s ‘succession of hegemonies’ from the seventeenth century onwards. Secondly, and relatedly, through closer attention to the dynamics of capitalist international society, we are better able to apprehend the current contradictions and challenges facing contemporary international society. Rather than replace Watson with Arrighi, I argue that Arrighi’s framework of ‘systemic cycles of accumulation’ complements and extends the insights offered in Watson’s magnum opus. It is hoped that this dialogue between the ES and critical political economy may open the way for further ES research on the (dis)orderly dynamics of capitalist international society.

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The Political Economy of Global Capitalism and Crisis

Cited by 8 publications

References 0 publications

Against neoliberalism as a concept

Against neoliberalism as a concept

Making sense of austerity: The rationality in an irrational system

Arrighi’s pendulum: (Re)reading The Evolution of International Society in the twenty-first century

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