The crisis: a conjunctural problem or the logic of global accumulation?
Keywords:
Current financial crises, Global capital accumulation process, GlobalizationAbstract
The idea of this text is to explore that the current financial crises is the manifestation of the exhaustion of the global capital accumulation process (globalization) established by determined standard (mundialização) created in the postwar period. The first signals of this exhaustion had appeared in the 70s. The liberalization policies imposed by the proper capital from that period in order to maintain its profits, if of one hand had allowed certain global capital-productive reorganization, of another one had opened a wide space for the fictitious valuation of the capital that now bursts in crisis.Downloads
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Published
2009-01-01
Issue
Section
Dossiê Crise Internacional II
License
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How to Cite
Sawaya, R. R. (2009). The crisis: a conjunctural problem or the logic of global accumulation? . Estudos Avançados, 23(66), 53-70. https://www.revistas.usp.br/eav/article/view/10409