Overview

In Crisis, Inequalities and Poverty, Schettino and Clementi provide an empirical and theoretical analysis of the economic breakdown that has characterised the last two decades of capitalist development-from the Lehman collapse to the Covid-19 pandemic-with a particular focus on the impact on poverty and inequality. The book provides a materialist account of the current global crisis of overproduction and looks at the link between capitalist crisis and systemic inequity, making the case through detailed quantification that the principal engine of these structural phenomena is in fact the general law of accumulation of the capitalist mode of production.

Full Product Details

Author:   Francesco Schettino ,  Fabio Clementi
Publisher:   Haymarket Books
Imprint:   Haymarket Books
ISBN:  

9798888900116

Pages:   204
Publication Date:   08 September 2023
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Temporarily unavailable  
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Table of Contents

Foreword Acknowledgments List of Figures and Tables 1 The Nature of the Crisis  1 Underconsumption, Prices and Profits  2 Excess Commodities, Excess Needs  3 Pressure to Purchase, Debt and Speculation  4 Financial Speculation and the Ratings Agencies  5 Currency Conflict 2 Dollar vs. Euro From the 2010 Attack to the final surrender of 2015  1 An Evening in Manhattan  2 The Spectre of Speculation  3 The Final Surrender: The Greek Clinamen  4  ttip , tpp and Global Conflict 3 A Flood of Liquidity From qe towards a New Despotic Management of Capitalism  1 ‘Hostile Brothers’ and Fictitious Capital  2 Quantitative Easing ( qe )  3 The Effects of Quantitative Easing  4 Capitalism’s Addiction Problem  5 When It Rains, It Pours  6 Capital’s New Despotism 4 Income Distribution Concepts, Analytical Tools and Empirical Evidence  1 Income Distribution  1.1 Basic Concepts  1.2 Representing Income Distribution  2 Global Income Distribution  2.1 Income Distribution in Italy  3 Economic Inequality  3.1 Measuring Inequality  3.2 Relative vs. Absolute Inequality  3.3 Inequality in the World  4 Income Inequality in Italy  4.1 The Causes of Inequality  5 Poverty: Definition and Measurement  6 Defining Poverty  6.1 Standard of living  6.2 Uni- and Multidimensional Poverty  6.3 Relative and Absolute Poverty  7 Poverty Lines  7.1 Measuring Poverty  7.2 Poverty in the World  7.3 Poverty in Italy  8 Income Polarisation  8.1 Definition  8.2 Inequality and Income Polarisation  8.3 Measuring Income Polarisation  8.4 Income Polarisation in Practice 5 The Effects of the Crisis on Poverty and Inequality  1 More People in Poverty?  2 A Less Equal World? 6 Pandemic, Crisis, Inequality and Conflict  1 The Crisis Scenario Pre Covid 19  2 Epidemic, Misery, Inequality and Conflict 7 Afterword Socialism or Barbarism: Where Do We Go from Crisis, Inequalities and Poverty?   Haider A. Khan References Index

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Author Information

Francesco Schettino is Professor of Economics at the University of Campania L. Vanvitelli. He has published extensively on global political economy and Marxist theory and is a founder of the Universtit; Popolare Antonio Gramsci. Fabio Clementi is Professor of Economics at the University of Macerata, Italy. Specialising in income distribution and inequality, he has published a number of books and articles internationally and is currently a consultant for the World Bank.

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