alternative economics reading list
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Post-crash economics: a reading list
By Huw Lemmey / 28 February 2013
Neoliberal economics isn't working and students are demanding more
from their course reading than the 8th edition of Macroeconomics can
provide. Following the news that Economics students in Manchester
have formed the Post-Crash Economics Society and Aditya
Chakrabortty's excoriating and controversial commentary on the state of
contemporary economics, published in the Guardian this week, Verso
presents a reading list of economics titles which challenge the
mainstream neoliberal consensus and offer powerful alternative models
in contemporary economics.
First on our list, and referenced by Chakrabortty, Never Let a Serious
Crisis Go to Waste: How Neoliberalism Survived the Financial
Meltdown by Philip Mirowski
Following the financial crisis, how have banks and the financial services
industry manage to stay on top in the political stakes; indeed, how has
their recovering led to an upturn in their fortunes? Philip Mirowski
explores how financial capitalism has turned the crisis to their
advantage, leveraging state power to prop up free market capitalism.
Another new release from Verso is Costas Lapavitsas' book on
financialisation, Profiting Without Producing: How Finance
Exploits Us All. Described as "a masterpiece on the financialized
capitalism of our age", the book looks at the rise of financial profit as a
key aspect of the economy, and the role of financialized capitalism in the
current economic crisis.
Crisis in the Eurozone by Costas Lapavitsas
Following the banking crisis and the credit crunch, Lapavitsas charts the
roots of the European crisis and offers a daring and controversial call to
break up the Eurozone.
Meltdown: An End to the Age of Greed by Paul Mason
The current crisis is explored in gripping journalistic detail by Paul
Mason in his first hand account of the collapse of the banks and the
financial chaos that ensued.
The Making of Global Capitalism: The Political Economy of
the American Empire by Leo Panitch and Sam Gindin
The Economics of Global
Turbulence
by Robert Brenner
A commanding surv ey
of the world economy
from 1 950 to the
present, from the
author of the acclaimed
The Boom and the
Bubble.
5 posts
The Long Twentieth
Century
by Giov anni Arrighi
A comprehensiv e
analy sis of the
dev elopment of world
capitalism ov er sev en
hundred y ears.
4 posts
A Companion to Marx's
Capital
by Dav id Harv ey
The radical geographer
guides us through the
classic text of political
economy .
1 5 posts
Meltdown
by Paul Mason
A fully updated new
edition of an acclaimed
report on the global
financial crisis.
22 posts
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The construction of that system is the focus on Panitch and Gindin's
groundbreaking comprehensive study of the link between the spread of
capitalism and the growth of the United States' empire in the twentieth
century.
The New Way of the World: On Neoliberal Society by Pierre Dardot
and Christian Laval
What is new about neoliberalism? Cutting through contemporary
misunderstandings about its genesis and prevalence, Dardot and Laval
distill neoliberalism to its core meaning and examine how it might be
challenged on new political and intellectual terms.
Utopia or Bust: A Guide to the Present Crisis by Benjamin Kunkel
After the financial crash and the Great Recession, the media
rediscovered Karl Marx, socialist theory, and the very idea that
capitalism can be questioned.
Utopia or Bust offers an introduction to heterodox economics and
contemporary Leftist thinkers, ranging from the revolutionary
philosophy of Slavoj Žižek through to the economic analyses of David
Graeber and David Harvey. Discussing the ongoing crisis of capitalism
in light of ideas of full employment, debt forgiveness, and “fictitious
capital,” Utopia or Bust is a tour through the world of economics
Marxist thought.
Why It's Still Kicking Off Everywhere: The New Global
Revolutions by Paul Mason
"History is over," we were reliably informed after the fall of the USSR,
"and capitalism has won". Talk of the end of ideologies was perhaps
premature, as Paul Mason discusses in his examination of how
networks, technological developments and economic crash combined to
kick start a wave of global rebellions, from the Arab Spring to Occupy.
A Companion to Marx's Capital and A Companion to Marx's
Capital, Volume 2 by David Harvey
David Harvey has spent 40 years lecturing on Karl Marx's masterwork of
political economy, Capital. In this series he presents a thorough and
accessible companion to the great work, offering analysis and insight in
his clear and engaigng style.
The Complete Works of Rosa Luxemburg, Volume 1: Economic
Writings I
The first volume of Luxemburg's Complete Works, a major series from
Verso, dedicated to her economic writings, examining the functionings
of the capitalist system.
A History of Gold and Money: 1450-1920 by Pierre Vilar
Vilar's classic text, re-presented as part of Verso's World History Series,
looks at the long game: the development of money and the growth of the
economic system of capitalism, with relation to the exploration of the
New World, colonialization, the collapse of feudalism and the birth of
capitalism.
The Economics of Global Turbulence: The Advanced Capitalist
Economies from Long Boom to Long Downturn, 1945-2005 by
Robert Brenner
A long view of capitalism's booms and bust in the second half of the
twentieth century, The Economics of Global Turbulence received critical
acclaim for its careful analysis of post-war development.
A History of Gold and
Money
by Pierre Vilar
“A work of sweeping
scholarship, it is
impressiv e and welcome
in English.”—The
Economist
2 posts
Adam Smith in Beijing
by Giov anni Arrighi
Acclaimed exploration
of China’s emergence as
the most dy namic
center of current
economic expansion.
3 posts
The Origin of Capitalism
by Ellen Meiksins Wood
Capitalism is not a
natural and inev itable
consequence of human
nature, nor is it simply
an extension of age-old
practices of trade and
commerce.
1 post
Historical Capitalism
with Capitalist
Civilization
by Immanuel
Wallerstein
A succinct introduction
to the history of
capitalism by the
renowned political
theorist.
4 posts
The Long Twentieth Century: Money, Power and the Origins
of Our Times by Giovanni Arrighi
A masterpiece of modern sociology which offers an overview of the
development of capitalism and how it has unfolded over a series of "long
centuries", producing new global political powers in the process.
Adam Smith in Beijing: Lineages of the 21st Century by
Giovanni Arrighi
In a radical rereading of the work of 18th century market theorist Adam
Smith, Arrighi looks at how China has constructed an economic
counterpower to challenge the dominance of the West.
Historical Capitalism with Capitalist Civilization by
Immanuel Wallerstein
A short and highly-readable anatomy of the capitalist system by the
renowned theorist of "world systems", which looks at how development
in the West has required the emiseration and subjegation of the
developing world.
The Origin of Capitalism: A Longer View by Ellen Meiksins
Wood
Exploding the truism the capitalism is just a result of human
nature, The Origin of Capitalism places the economic system within
context, analysing its emergence as the result of very specific and
localised historical conditions.
Land Grabbing: Journeys in the New Colonialism by Stefano
Liberti
How is agrarian capitalism affecting the developing world? In his
rigorous study Liberti examines the growth of a new colonialism through
exploitative new property regimes.
Further reading:
The Great Credit Crash Edited by Martijn Konings and
Jeffrey Sommers
Critique of Economic Reason by André Gorz
Age Shock: How Finance is Failing Us by Robin Blackburn
Contours of Descent: US Economic Fractures and the
Landscape of Global Austerity by Robert Pollin
The Food Wars by Walden Bello
Planet of Slums by Mike Davis
Late Capitalism by Ernest Mandel
The Making of Global
Capitalism
by Sam Gindin and Leo
Panitch
“The most important
leftist book of the y ear,
and probably the
decade.”–Charles
Mudede, The Stranger
1 5 posts
Crisis in the Eurozone
by Costas Lapav itsas
A controv ersial call to
break up the Eurozone
and stop the debt crisis.
1 4 posts
Never Let a Serious Crisis
Go to Waste
by Philip Mirowski
After the financial
apocaly pse,
neoliberalism rose from
the dead—stronger than
ev er
6 posts
Land Grabbing
by Stefano Liberti
A shocking exposé of
how modern-day
corporations and
gov ernments are
raiding the Third World
1 post
Why It's Still Kicking Off
Everywhere
by Paul Mason
Ey ewitness reporting
Power and Money: A Marxist Theory of Bureaucracy by
Ernest Mandel
Long Waves of Capitalist Development: A Marxist
Interpretation by Ernest Mandel
Making Money: The Philosophy of Crisis Capitalism by Ole
Bjerg
The Bonds of Debt: Borrowing Against the Common Good by
Richard Dienst
The Limits to Capital by David Harvey
Against the Market: Political Economy, Market Socialism and
the Marxist Critique by David McNally
Money & Abstract Labour: On the Analytical Foundations of
Political Economy by Ulrich Krause
The Enchanted World: Inflation, Credit and the World
Crisis by Alain Lipietz
A Theory of Capitalist Regulation: The US Experience by
Michel Aglietta
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Rethinking Economics
A Post-Crash reading list from our friends at Verso Books!
Reply · Like · · Follow Post · March 1 at 10:29am2
and shrewd analy sis
from the many centers
of the global mov ement
for liberation.
1 7 posts
A Companion to Marx's
Capital, Volume 2
by Dav id Harv ey
The definitiv e guide to
the second v olume
of Capital
3 posts
Profiting Without
Producing
by Costas Lapav itsas
Financialization is one of
the most innov ativ e
concepts to emerge in
the field of political
economy in the last
three decades, although
there is no...
7 posts
The New Way of the
World
by Pierre Dardot and
Christian Lav al
“The best modern
realization of Foucault’s
pioneering approach.” –
Philip Mirowski
3 posts
Utopia or Bust
by Benjamin Kunkel
“For any one who cares
about historical
necessity , the crisis of
capitalism, and our
fate.” – Rachel Kushner
2 posts
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