Summary Of "Like The Crisis Of '29, Or More... A New Global Context" By François Chesnais: UNIVERSITY SUMMARIES

By MAURICIO ENRIQUE FAU

We have summarized here the essential of this book by the author.

LIKE THE CRISIS OF '29, OR MORE… A NEW GLOBAL CONTEXT

THE THESIS OF CHESNAIS IS THAT IN 2007 THERE WAS A RUPTURE IN A LONG PHASE OF EXPANSION OF THE CAPITALIST ECONOMY AND THE START OF A CRISIS COMPARABLE TO THE ONE THAT STARTED IN 1929.

• Language: English
• Publisher: BOOKS AND SUMMARIES BY MAURICIO FAU
• Release date: Feb 25, 2022
• ISBN: 9798201693336

MAURICIO ENRIQUE FAU

Mauricio Enrique Fau nació en Buenos Aires en 1965. Se recibió de Licenciado en Ciencia Política en la Universidad de Buenos Aires. Cursó también Derecho en la UBA y Periodismo en la Universidad de Morón. Realizó estudios en FLACSO Argentina. Docente de la UBA y AUTOR DE MÁS DE 3.000 RESÚMENES de Psicología, Sociología, Ciencia Política, Antropología, Derecho, Historia, Epistemología, Lógica, Filosofía, Economía, Semiología, Educación y demás disciplinas de las Ciencias Sociales. Desde 2005 dirige La Bisagra Editorial, especializada en técnicas de estudio y materiales que facilitan la transición desde la escuela secundaria a la universidad. Por intermedio de La Bisagra publicó 38 libros. Participa en diversas ferias del libro, entre ellas la Feria Internacional del Libro de Buenos Aires y la FIL Guadalajara.

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Summary Of Like The Crisis Of '29, Or More... A New Global Context By François Chesnais

UNIVERSITY SUMMARIES

MAURICIO ENRIQUE FAU

Published by BOOKS AND SUMMARIES BY MAURICIO FAU, 2022.

While every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein.

SUMMARY OF LIKE THE CRISIS OF '29, OR MORE... A NEW GLOBAL CONTEXT BY FRANÇOIS CHESNAIS

First edition. February 25, 2022.

Copyright © 2022 MAURICIO ENRIQUE FAU.

ISBN: 979-8201693336

Written by MAURICIO ENRIQUE FAU.

Table of Contents

Title Page

Copyright Page

Chesnais, François | LIKE THE CRISIS OF ’29, OR MORE... A NEW GLOBAL CONTEXT

MEANS TO WHICH CAPITALISM RESOURCED | IN THE LAST 30 TO TRY TO OVERCOME | THE IMMANENT LIMITS OF CAPITAL

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Further Reading: Summary Of Introduction To Logic And The Scientific Method By Cohen And Nagel

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Chesnais, François

LIKE THE CRISIS OF ’29, OR MORE... A NEW GLOBAL CONTEXT

THE THESIS OF CHESNAIS IS THAT IN 2007 THERE WAS A RUPTURE IN A LONG PHASE OF EXPANSION OF THE CAPITALIST ECONOMY AND THE START OF A CRISIS COMPARABLE TO THE ONE THAT STARTED IN 1929.

THAT CRISIS BEGAN IN 1929 and reached its peak in 1933, later going through a long recession.

KARL MARX: THE TRUE LIMIT OF CAPITALIST PRODUCTION IS CAPITAL ITSELF. UNDER CAPITALISM, PRODUCTION IS ONLY PRODUCTION FOR CAPITAL AND NOT CAPITAL FOR PRODUCTION

THE CONSERVATION AND VALORIZATION OF CAPITAL NEEDS THE EXPROPRIATION AND IMPOVERISHMENT OF THE GREAT MASSES OF PRODUCERS (THE WORKERS). AS CAPITAL TENDS TO THE UNLIMITED INCREASE OF PRODUCTION BY PRODUCTION ITSELF, IT ENDS UP WITH THE PRODUCTIVE FORCES (THE LABOR FORCE) AND CAPITAL CANNOT REALIZE ITSELF

SOMETHING IS HAPPENING today that was not happening in 1930: countries that were semi-colonial at that time, such as China and India, are now important countries.

THERE IS NOW A UNIFIED WORLD ECONOMY TO A DEGREE UNKNOWN IN THE PAST

A new kind of crisis

Marx: Capitalist production constantly aspires to overcome these limits immanent to it, but it can only overcome them by resorting to means that again raise before it these same limits with even greater force.

MEANS TO WHICH CAPITALISM RESOURCED

IN THE LAST 30 TO TRY TO OVERCOME

THE IMMANENT LIMITS OF CAPITAL

 LIBERALIZATION OF FINANCE, TRADE AND INVESTMENT: this includes the destruction of some partial limits on capital by political institutions. Unfettered, capital believed that it could overcome all limits

 CREATION OF FICTITIOUS CAPITAL AND MEANS OF CREDIT: with the aim of expanding to insufficient demand (cheap and long-term loans)

 REINCORPORATION OF THE USSR, CHINA AND OTHER COUNTRIES TO CAPITALISM: this is the most important means

LIBERALIZATION, WORLD market, competition...

Global liberalization and deregulation implied the dismantling of the few control tools that had been implemented at the end of World War II.

A TRUE GLOBAL MARKET WAS CREATED, UNDERSTOOD AS A SPACE FREE OF RESTRICTIONS TO ALL