Items related to Return of Marxian Macro-dynamics in East Asia (Research...
Synopsis
The economic growth in East Asia has been believed to be the model case of the triumph of capitalism. Some progressive economists, for example, the developmental state theorists, also praised the East Asian model as the progressive alternative to neoliberal market fundamentalism, arguing that they are the outcomes of state-led development. However, with the sudden advent of the 'Lost Decade of Japan' in the 1990s, and the ensuing 'IMF Crisis' of South Korea in 1997, and now the imminent 'hard landing' of the Chinese economy, the East Asian miracle story is quickly becoming a thing of the past. East Asia has now become an epicentre of the contradictions and crisis of global capitalism. Today, deepening economic crises, exacerbation of social polarization, rising popular discontents, and escalating geopolitical tensions are common to China, Japan and Korea. Moreover, East Asia has been at the centre of global ecological contradictions. Indeed, East Asia has now become the typical place of Marxian macro-dynamics. This important and timely volume brings together experts in political economy from across the globe, to comment on the return of Marxian macro-dynamics in East Asia. The contributions explore macro-dynamics, the role of the state and hegemony in the context of transnational capitalism, and Marxian alternatives for East Asia.
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About the Author
Masao Ishikura is Professor of Economics, Hitotsubashi University, Japan.
Seongjin Jeong is Professor of Economics, Gyeongsang National University, South Korea.
Minqi Li is Professor of Economics, University of Utah, USA.
Review
Now that that the miracle narratives of triumphalist capitalism in East Asia are washing up against deepening economic crisis, social polarization, rising popular discontent, and escalating geopolitical tensions, interest in anti-capitalism and Marxism is beginning to revive in China, Japan, and the Koreas. Contributors here look at macro-dynamics in East Asia, state and hegemony in East Asia in the context of transnational capitalism, and considering aspects of a Marxian alternative for East Asia. --Annotation (c)2017 "(protoview.com) "
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- PublisherEmerald Publishing
- Publication date2017
- ISBN 10 178714478X
- ISBN 13 9781787144781
- BindingHardcover
- LanguageEnglish
- Number of pages328
- EditorMasao Ishikura, Seongjin Jeong, Minqi Li
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