Biblioteca Digital de VanguardiaThe structural crisis of capitalism and its repercussions
This article analyzes the structural crisis of capitalism that began when the speculative home mortgage bubble burst in the United States in 2007, and the repercussions of that phenomenon. The current crisis is the outcome of a series of processes unleashed as a result of the crisis of overaccumulat...
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| Formato: | Revistas |
| Lenguaje: | Español |
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Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador
2010
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| Acceso en línea: | https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/390 |
| _version_ | 1802410562873720832 |
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| author | Luiz Corsi, Francisco |
| author_facet | Luiz Corsi, Francisco |
| author_sort | Luiz Corsi, Francisco |
| collection | Revista |
| description | This article analyzes the structural crisis of capitalism that began when the speculative home mortgage bubble burst in the United States in 2007, and the repercussions of that phenomenon. The current crisis is the outcome of a series of processes unleashed as a result of the crisis of overaccumulation of capital in the 1970s, which generated, on the one hand, the conditions for financial capital’s dominance and, on the other, a new frontier for the accumulation of capital in East Asia, especially in China. The crisis calls into question the centrality of the North American economy, but that does not necessarily mean the shift of capitalism’s hegemonic center to Asia. Here we will argue that we are headed toward a multipolar world. |
| format | Revistas |
| id | iconos-article-390 |
| institution | Íconos - Revista de Ciencias Sociales |
| language | Español |
| publishDate | 2010 |
| publisher | Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador |
| record_format | ojs |
| spelling | iconos-article-3902024-04-23T18:16:48Z The structural crisis of capitalism and its repercussions La crisis estructural del capitalismo y sus repercusiones Luiz Corsi, Francisco crisis finance capital globalization of capital multipolarity periphery economic development national economy crisis estructural capital financiero globalización del capital multipolaridad periferia desarrollo económico economía nacional This article analyzes the structural crisis of capitalism that began when the speculative home mortgage bubble burst in the United States in 2007, and the repercussions of that phenomenon. The current crisis is the outcome of a series of processes unleashed as a result of the crisis of overaccumulation of capital in the 1970s, which generated, on the one hand, the conditions for financial capital’s dominance and, on the other, a new frontier for the accumulation of capital in East Asia, especially in China. The crisis calls into question the centrality of the North American economy, but that does not necessarily mean the shift of capitalism’s hegemonic center to Asia. Here we will argue that we are headed toward a multipolar world. El presente artículo analiza la crisis estructural del capitalismo provocada por el estallido de la burbuja especulativa inmobiliaria en EEUU en 2007 y sus repercusiones. El presente fenómeno es el desenlace de una serie de procesos desencadenados en respuesta a la crisis de sobreacumulación del capital de los años setenta que generó, por un lado, las condiciones para el dominio del capital financiero y, por otro, una nueva frontera de acumulación del capital en el Este asiático, sobre todo en China. La crisis cuestiona la centralidad de la economía norteamericana, lo que no significa necesariamente el desplazamiento del centro hegemónico del capitalismo hacia Asia. Lo que aquí defendemos, es la idea de que nos dirigimos hacia un mundo multipolar. Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador 2010-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Artículo evaluado por pares application/pdf https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/390 10.17141/iconos.36.2010.390 Íconos - Revista de Ciencias Sociales; Núm. 36 (2010): Dossier: Naturaleza y crisis del capitalismo; 29-39 Íconos - Revista de Ciencias Sociales; n. 36 (2010): Dossier: Naturaleza y crisis del capitalismo; 29-39 Íconos. Revista de Ciencias Sociales; No. 36 (2010): Dossier: Nature and crisis of capitalism ; 29-39 1390-8065 1390-1249 spa https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/390/376 Derechos de autor 2010 Francisco Luiz Corsi https://creativecommons.org/licenses/by-nd/3.0/deed.es_ES |
| spellingShingle | Luiz Corsi, Francisco The structural crisis of capitalism and its repercussions |
| title | The structural crisis of capitalism and its repercussions |
| title_full | The structural crisis of capitalism and its repercussions |
| title_fullStr | The structural crisis of capitalism and its repercussions |
| title_full_unstemmed | The structural crisis of capitalism and its repercussions |
| title_short | The structural crisis of capitalism and its repercussions |
| title_sort | structural crisis of capitalism and its repercussions |
| url | https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/390 |