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Literatur zur Politischen Ökonomie
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Mavroudeas (2014): Greek Capitalism in Crisis
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Titel:
Greek Capitalism in Crisis
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Marxist Analyses
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2014
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Despite the depth of the Greek crisis, the exorbitant burdens placed upon the working people and the massive popular resistance movement to capitalist policies, there is a definite lack of consistently Marxist analyses of the Greek problem. International debates regarding the Greek crisis have been dominated by orthodox (Neoclassical and neo-Keynesian) approaches. The heterodox side of these debates has been occupied by Radical Political Economy approaches (usually radical post-Keynesian or Marxo-Keynesian perspectives). Moreover, they are dominated by the 'financialisation' thesis which is quite alien to Marxism, neglects the sphere of production and professes that the global crisis is simply a financial crisis that has nothing to do with 'real' accumulation and the profit rate. This book argues that by emphasising the sphere of production and profitability, classical Marxist analysis better explains the Greek crisis than its orthodox and heterodox competitors. The contributors present critiques of the prevalent approaches and offer studies of the Greek crisis that use the methodology and the analytical and empirical tools of classical Marxist Political Economy. In particular, it is shown that the Greek crisis was caused by falling profitability and the ensuing overaccumulation crisis. The 'broad unequal exchange' existing between the euro-center and the euro-periphery contributed to Greek capital's falling profitability. This book enriches the debate about the Greek economic crisis by demonstrating the insights that can be drawn by considering the Marxist alternative to the dominant mainstream and heterodox approaches. (Verlag)

Introduction 1
STAVROS MAVROUDEAS

PART I
Critiques of Mainstream and Heterodox analyses of the Greek problem 7
1 Mainstream accounts of the Greek crisis: more heat than light? 9
STAVROS MAVROUDEAS AND DIMITRIS PAITARIDIS
2 The fiscal crisis in Greece: whose fault? 33
THANASIS MANIATIS
3 Explaining the rising wage-productivity gap in the Greek economy 51
THANASIS MANIATIS AND COSTAS PASSAS
4 The Greek EU-IMF Memoranda: a problematic strategy for Greek capitalism 67
DEMOPHANES PAPADATOS
5 Financialisation and the Greek case
STAVROS MAVROUDEAS

PART II
Marxist explanations of the Greek crisis 103
6 The law of the falling rate of profit in the post-war Greek economy
THANAS IS MANIATIS AND COSTAS PASSAS
7 Profitability and crisis in the Greek economy (1960-2012): an investigation 130
GEORGE ECONOMAKIS, GEORGE ANDROULAKIS AND MARIA MARKAKI
8 The Greek crisis: a dual crisis of overaccumulation and Imperialist exploitation 153
STAVROS MAVROUDEAS AND DIMITRIS PAITARIDIS

PART III
Crisis, poverty and the labour market 177
9 Economic crisis, poverty and deprivation in Greece: the impact of neoliberal remedies 179
CHRISTOS PAPATHEODOROU
10 A comparative study of aspects of employment and unemployment in Greece before and after the crisis 196
ALEXIS IOANNIDES
11 Recession and atypical employment: a focus on contemporary Greek metropolitan regions 212
STELIOS CIALIS


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