The State of Capitalism: Economy, Society, and Hegemony - Costas Lapavitsas; | Foyles Bookstore
Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
The State of Capitalism: Economy, Society, and Hegemony
Foyalty 45

The State of Capitalism: Economy, Society, and Hegemony (Paperback)

£14.99
Awaiting publication

Synopsis

The health emergency that broke out in 2020 is a landmark event in the development of capitalism, confirming the underlying change signalled by the Great Crisis of 2007-9. The Pandemic Crisis has catapulted the state to the centre of economic activity. However, a historic impasse is steadily becoming apparent at the core of the world economy



Productive accumulation is flaccid, as both profitability and labour productivity are weak. Financialisation has entered a new phase, as "shadow banking" grew relative to other banks but is entirely dependent on the state. The power of the state derives from command over fiat money and can certainly deliver enormous boosts to aggregate demand, but that is not enough to tackle the weakness of the productive sector.



The rise in inflation for the first time in forty years indicates the impasse. There is a transparent need for intervention on the supply side, directly challenging capitalist property rights. There is no evidence, however, that the ruling blocs in core countries would engage in such policies.



The Pandemic Crisis also brought to the fore fresh divisions of core and periphery across the world economy. Imperialism has assumed new forms, spurred by globally active financial capital and internationalised productive capital. A renewed contest for hegemony has emerged as US power declined. The economic challenge of China will unfold steadily in the years ahead, intensifying political tensions and military rivalries.



This book is the work of a research collective comprising authors from several parts of the world. It analyses these vital issues from the perspective of Marxist political economy and puts forth alternative anticapitalist proposals.

BusinessEconomicsEconomic theory & philosophyBusinessEconomicsFinancial crises & disasters Publisher: Verso Books Publication Date: 21/03/2023 ISBN-13: 9781839767845  Details: Type: Paperback Format: Books
Availability: Awaiting publication Pre-Order

Costas Lapavitsas is Professor of Economics at SOAS. He has published widely on the Political Economy of Money and Finance and his research during the last few years has focused on the financialisation of capitalism. In January 2015 he was elected as a member of the Greek Parliament. His most recent books include Capitalism in the Ottoman Balkans, with P. Cakiroglu, 2019, The Left Case Against the EU, 2018, and Profiting Without Producing, 2013. The EReNSEP Writing Collective: Nicolas Aguila, Universitat Witten/Herdecke; Carla Coburger, University of Bayreuth, Germany; Pablo Cotarelo; Sergi Cutillas, University of Barcelona; Juan J. Duque, SOAS; Matteo Giordano, SOAS; Spyros Marchetos, Aristotle University of Thessaloniki; Thanos Moraitis, UMass Amherst; Marie Hyllested; Yuning Shi, SOAS; Aylin Soydan, Istanbul Okan University.

More books by Costas Lapavitsas

Leave Review

Delivery Options

All delivery times quoted are the average, and cannot be guaranteed. These should be added to the availability message time, to determine when the goods will arrive. During checkout we will give you a cumulative estimated date for delivery.

 

Location 1st Book Each additional book Average Delivery Time
Free UK Standard Delivery on Orders Over £25 (2nd Class)     3-5 Days
UK Standard Delivery (2nd Class) £2.99 £0.00 3-5 Days
UK 1st Class Delivery £3.99 £0.00 2-3 Days

Click & Collect / 
Delivery to a Foyles Bookshop

 

Free Free Click and Collect and Delivery to Store is available for all our shops. Collection times will vary depending on availability of items. Individual despatch times for each item will be given at checkout.
Please wait for order arrival confirmation email before making a journey to collect.
UK Courier* £7.95 £0.00 1 Working Day
Western Europe Airmail** £9.00 £1.00 7-8 Days
Rest of World Airmail*** £12.50 £1.00 7-10 Days

* For courier service please contact the Charing Cross Road store

** Includes Austria, Belgium, Cyprus, Czech Republic, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, The Netherlands, Portugal, Spain, Sweden, Switzerland

*** We are currently unable to delivery to the following countries - Afghanistan, Bangladesh, Ghana, Iraq, Lebanon, Macao, Pakistan, Puerto Rico, Saint Barthelemy, Turkey, Uzbekistan, Virgin Island US

Given the unfolding situation across Ukraine, with regret we have now suspended orders placed from, or to be delivered to, both Russia and Ukraine. Thank you for your patience and understanding. 

For goods delivered outside of the UK, the consignee (ie the person to whom the consignment is sent) will be the declarant and importer into the country for which the consignment is destined. The consignee will be responsible for both customs clearance and payment of customs duties and local taxes where required.

Customs Charges - if you are ordering goods for delivery outside of the UK, please note that your consignment may be subject to VAT (Value Added Tax), other taxes, customs duties and/or fees levied by the destination country. Any such charges levied in relation to customs clearance must be borne by you. It is accepted by you that Foyles has no control over additional charges in relation to customs clearance. Foyles recommend that you check with your local customs officials or post office for more information regarding importation taxes/duties that may be applicable to your online order.

Delivery Help & FAQs

A Year of Books Subscription Packages 

Delivery is free for the UK. Western Europe costs £60 for each 12 month subscription package purchased. For the Rest of the World the cost is £100 for each package purchased. All delivery costs are charged in advance at time of purchase. For more information please visit the A Year of Books page.
 

Returns Information

If you are not completely satisfied with your purchase*, you may return it to us in its original condition with in 30 days of receiving your delivery or collection notification email for a refund. Except for damaged items or delivery issues the cost of return postage is borne by the buyer. Your statutory rights are not affected.

* For Exclusions and terms on damaged or delivery issues see Returns Help & FAQs

You might also like

Free and Equal: What Would a Fair...
(Hardback)
Daniel Chandler
 
 
£20.00
 
Stuck. Political Economy between...
(Hardback)
Wolfgang Streeck
 
 
£20.00
 
Beyond Self-Interest: Why the Market...
(Paperback)
Krzysztof Pelc
 
 
£10.99
 
Foundations of Prediction Markets:...
(Hardback)
Shu-Heng Chen; Chen-Yuan Tung; Jason...
 
 
£90.00
 
© W&G Foyle Ltd