Marx's Crisis Theory | Interview w/ Marxist Economists Alan Freeman and Radhika Desai

In this interview we will be studying Marx's crisis theory, overproduction, the falling rate of profit, and financialization with professors Alan Freeman and Radhika Desai. We will be using as our framework a paper they published in the World Review of Political Economy on the 2008 great recession entitled “Value and Crisis Theory in the ‘Great Recession,’” which could be found here

Dr. Radhika Desai is a Professor at the Department of Political Studies, and Director of the Geopolitical Economy Research Group at University of Manitoba, Winnipeg, Canada.

She has proposed a new historical materialist approach to understanding world affairs and geopolitical economy based on the materiality of nations. Some of her recent books include Geopolitical Economy: After US Hegemony, Globalization and Empire (2013), Karl Polanyi and Twenty First Century Capitalism (2020) Revolutions (2020) and Japan’s Secular Stagnation (2022). Her articles and book chapters appear in international scholarly journals and edited volumes. With Alan Freeman, she co-edits the Geopolitical Economy book series with Manchester University Press and the Future of Capitalism book series with Pluto Press. Her latest book is Capitalism, Coronavirus and War: A Geopolitical Economy, which will appear in November and will be open access.

Dr. Alan Freeman is a former principal economist with the Greater London Authority and is now a research affiliate of the University of Manitoba. With Radhika Desai, he is co-director of the Geopolitical Economy Research Group. He is also co-editor of the Future of World Capitalism book series with Pluto Books, and the Geopolitical Economy book series with Manchester University Press

He is a committee member of the Association for Heterodox Economics (www.hetecon.net) and a vice-chair of the World Association for Political Economy. He is a board member of Video Pool Winnipeg and the Christopher Freeman Trust, and a former board member of the Winnipeg Symphony Orchestra.

Websites

www.iwgvt.org

www.movingfinger.org

Sign the International Manifesto:

Relevant Papers:

Alan Freeman Finance and crisis

Alan Freeman - Marx, crashes and cycles

Alan Freeman -Bourgeois Marxism:

Alan Freeman Empirical course of the profit rate and the Great Long Northern Decline

Alan Freeman Theoretical basis for Marx’s explanation for the falling profit rate

Alan Freeman, et.al - The Unmaking of Marx's Capital: Heinrich's Attempt to Eliminate Marx's Crisis Theory:

Radhika Desai - Consumption demand in Marx and in the current crisis:

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Radhika Desai - Marx’s Capital at 150: an invitation to history:

Radhika Desai - The Value of History and the History of Value:

The value of history and the history of value

Radhika Desai - Finance Capital and Contemporary Financialisation:

Radhika Desai - Marx’s critical political economy, ‘Marxist economics’ and actually occurring revolutions against capitalism:

Radhika Desai - Marx’s geopolitical economy: ‘The relations of producing nations’:

Dr. Desai's NEW Book - Capitalism, Coronavirus and War: A Geopolitical Economy:

Dr. Desai's Book - Intellectuals and Socialism: 'Social Democrats' and the British Labour Party: