We often passed through Bismarck on family trips.  I realize now embarassingly 
that I always assumed it was named after the ship.

But I really want to advertise our latest SSA book:


Contemporary Capitalism and Its

Crises

Social Structure of Accumulation Theory for the 21st Century

Edited by Terrence McDonough

National University of Ireland, Galway

Michael Reich

University of California, Berkeley

and David M. Kotz

University of Massachusetts, Amherst

This volume analyses contemporary capitalism and its crises based on a theory 
of capitalist evolution known as the social structure of accumulation (SSA) 
theory. It applies this theory to explain the severe financial and economic 
crisis that broke out in 2008 and the kind of changes required to resolve it. 
The editors and contributors make available new work within this school of 
thought on such issues as the rise and

persistence of the 'neoliberal' or 'free-market' form of capitalism since 1980 
and the growing globalization and financialization of the world economy. The 
collection includes analyses of the U.S. economy as well as that of several 
parts of the developing world.



 'The 'Great Recession' of 2007-2009 caught most social scientists by surprise 
because they assumed that modern societies had eliminated deep economic crises. 
Fortunately, some dissenting scholars have continued to probe the regularities 
of economic cycles of booms and busts. This volume brings together some of the 
best of that work at a time when both scholars and policy makers urgently need 
to revise their core beliefs. It deserves a broad audience.'

Fred Block, University of California at Davis



Contents

Introduction to the volume; Part I. The Theory of Social Structures of 
Accumulation: 1. The state of the art of social structure of accumulation 
theory; 2. Social structure of accumulation theory; 3. A reconceptualization of 
social structure of accumulation theory; Part II. Globalization and the 
Contemporary Social Structure of Accumulation: 4.Global neoliberalism and the 
contemporary social structure of accumulation; 5. Globalization of 
spatialization? The worldwide spatial restructuring of the labor process; 6. 
Financialization in the contemporary social structure of accumulation; 7. 
Global neoliberalism and the possibility of transnational state structures; 
Part III. The Contemporary Social Structure of Accumulation in the United 
States: 8. Labor in the contemporary social structure of accumulation; 9. The 
rise of CEO pay and the contemporary social structure of accumulation in the 
U.S.; 10. Social structures of accumulation and the criminal justice system; 
Part IV. Social Structure of Accumulation Theory and Transformations of the 
Capitalist Periphery: 11. The social structure of accumulation in South Africa; 
12. Social structures of accumulation and the condition of the working class in 
Mexico; 13. Social structures of accumulation for the Arab world: the economies 
of Egypt, Jordan and Kuwait in the regional system.

April 2010 376pp

For more information please visit us at

www.cambridge.org/9780521515160

20% discount with this flyer - order before 30th June 2010

20%



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