Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization

The article argues that the current financial crisis that began unfolding in late 2007 cannot be explained merely by institutional failure, false economic theories, or human misbehavior. Instead, the crisis must be analyzed against the backdrop of the internal contradictions of capitalist accumulati...

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Main Author:	Aaron Tauss
Format:	Article
Language:	English
Published:	Universidad de los Andes 2012-12-01
Series:	Colombia Internacional
Subjects:	Crisis world hegemony post-Fordism neo-Gramscian approaches
Online Access:	http://colombiainternacional.uniandes.edu.co/view.php/9109/index.php?id=9109

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spelling	doaj-11126ebc94934755a7b1141d77346b4b2020-11-24T23:29:53ZengUniversidad de los AndesColombia Internacional0121-56121960-60042012-12-01765179Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization Aaron TaussThe article argues that the current financial crisis that began unfolding in late 2007 cannot be explained merely by institutional failure, false economic theories, or human misbehavior. Instead, the crisis must be analyzed against the backdrop of the internal contradictions of capitalist accumulation and the gradual disintegration of the post-war hegemonic world order under U.S. leadership. The specifics of the crisis are inherently related to the failure of Fordism in the 1970s and the emergence of a post-Fordist, neoliberal, and finance-driven regime of accumulation that was pushed to its limits in the lead-up to the current downturn.http://colombiainternacional.uniandes.edu.co/view.php/9109/index.php?id=9109Crisisworld hegemonypost-Fordismneo-Gramscian approaches
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Aaron Tauss
spellingShingle	Aaron Tauss Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization Colombia Internacional Crisis world hegemony post-Fordism neo-Gramscian approaches
author_facet	Aaron Tauss
author_sort	Aaron Tauss
title	Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization
title_short	Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization
title_full	Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization
title_fullStr	Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization
title_full_unstemmed	Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization
title_sort	contextualizing the current crisis: post-fordism, neoliberal restructuring, and financialization
publisher	Universidad de los Andes
series	Colombia Internacional
issn	0121-5612 1960-6004
publishDate	2012-12-01
description	The article argues that the current financial crisis that began unfolding in late 2007 cannot be explained merely by institutional failure, false economic theories, or human misbehavior. Instead, the crisis must be analyzed against the backdrop of the internal contradictions of capitalist accumulation and the gradual disintegration of the post-war hegemonic world order under U.S. leadership. The specifics of the crisis are inherently related to the failure of Fordism in the 1970s and the emergence of a post-Fordist, neoliberal, and finance-driven regime of accumulation that was pushed to its limits in the lead-up to the current downturn.
topic	Crisis world hegemony post-Fordism neo-Gramscian approaches
url	http://colombiainternacional.uniandes.edu.co/view.php/9109/index.php?id=9109
work_keys_str_mv	AT aarontauss contextualizingthecurrentcrisispostfordismneoliberalrestructuringandfinancialization
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Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization

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