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Confronting Mainstream Economics for Overcoming Capitalism

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Confronting Mainstream Economics for Overcoming Capitalism Synopsis

This book provides analytical arguments that demonstrate the necessity to go beyond not only mainstream economics but also, and especially, the capitalist economy itself. It provides a radical critique of mainstream economics, comparing it to an unscientific form of single thought, and applies this criticism to the specific fields of growth, development, the institutions, defense, or the environment. It targets both neoclassical economics and reformist “soft heterodox” currents, from neoinstitutionalists to neo-Keynesians—including Thomas Piketty or Amartya Sen, among others. In doing so, it rejects Keynes’ theories of money, the crisis, and the state. It then offers a Marxist interpretation of the current crisis of capitalism, considering it as a systemic crisis without solutions internal to its own logic and dynamics, and emphasizes the links between this capitalist crisis and imperialist wars, and the destruction of the environment and natural resources by capital. The book concludes by arguing that we must find the necessary theoretical and practical alternatives in a Marxist perspective, advocating for socialist transitions away from the capitalist economy to protect humanity and the environment.

About This Edition

ISBN: 9783031058509
Publication date: 7th July 2022
Author: Rémy Herrera
Publisher: Palgrave Macmillan an imprint of Springer International Publishing AG
Format: Hardback
Pagination: 347 pages
Series: Marx, Engels, and Marxisms
Genres: International relations
Political science and theory
Political economy
Sociology