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POLITICAL-ECONOMIC CRISIS OF CAPITALISM AND THE CRISIS OF ITS ECONOMIC THEORY

Bogomir Kovač ; Ekonomska fakulteta, Univerza v Ljubljani, Ljubljana, Slovenija


Puni tekst: hrvatski pdf 125 Kb

str. 105-125

preuzimanja: 1.139

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Sažetak

The author demonstrates the non-existence of a consistent theory of market and
of the modern capitalist system. Only a conceptual analysis is possible which
is more revealing of the methodologies of various theoretical trajectories and
a comparative analysis of different viewpoints and theoretical contradictions
in relation to historical reality. The fundamental theoretical accomplishment
of Strpić’s analysis is that it offers a fertile core of clarification of market society
and capitalism. The search for modern political economy opens up three
aspects of the crisis of capitalism and of its economic theory. The political
strategy of laissez faire in the beginning of the 20th century brought about the
Great Depression (1929-1933), and the theoretical and political turn to Keynesianism
(1936). In the 1970s the great stagflation (1971-1980) cleared the
path for the neo-liberal theoretical counterrevolution (1972). In the period
of the Great Recession (2007-2012) the necessity is imposed on us of a new
theoretical turn in the direction of anti-neo-liberalism. Market economy and
its invisible hand cannot be simply suppressed into closed out theoretical systems;
the economists overlooked precisely this simplification and abstraction
from real relations. Strpić’s theoretical project of the Modern Normal and
matrix-capitalism makes it possible to read in a new way the incommensurability
of theoretical paradigms, not as a unified theory but as a developmental
project which is prerequisite for explaining the character of the present crisis
and the dynamic development of the modern transformation of capitalism.

Ključne riječi

criticism of political economy; capitalism; crisis of economic theory

Hrčak ID:

81913

URI

https://hrcak.srce.hr/81913

Datum izdavanja:

14.5.2012.

Podaci na drugim jezicima: hrvatski

Posjeta: 2.276 *