Capital Resurgent - Roots of the Neoliberal Revolution

Introduction 1(6) PART I. CRISIS AND NEOLIBERALISM 1 The Strange Dynamics of Change 7(4) 2 Economic Crises and Social Orders 11(10) PART II. CRISIS AND UNEMPLOYMENT 3 The Structural Crisis of the 1970's and 1980's 21(8) 4 Technical Progress: Accelerating or Slowing? 29(9) 5 America and Europe: The Creator of Jobs and the Creator of Unemployment 38(6) 6 Controlling Labor Costs and Reining in the Welfare State 44(7) 7 Unemployment: Historical Fate? 51(8) 8 The End of the Crisis? 59(10) PART III. THE LAW OF FINANCE 9 The Interest Rate Shock and the Weight of Dividends 69(9) 10 Keynesian State Indebtedness and Household Indebtedness 78(8) 11 An Epidemic of Financial Crises 86(12) 12 Globalization under Hegemony 98(12) 13 Financialization: Myth or Reality? 110(9) 14 Does Finance Feed the Economy? 119(9) 15 Who Benefits from the Crime? 128(15) PART IV. THE LESSONS OF HISTORY 16 Historical Precedent: The Crisis at the End of the Nineteenth Century 143(7) 17 The End of the Structural Crises: Does the Twentieth Century Resemble the Nineteenth? 150(6) 18 Two Periods of Financial Hegemony: The Beginning and the End of the Twentieth Century 156(12) 19 Inherent Risks: The 1929 Precedent 168(7) 20 Capital Mobility and Stock Market Fever 175(9) 21 Between Two Periods of Financial Hegemony: Thirty Years of Prosperity 184(13) PART V. HISTORY ON THE MARCH 22 A Keynesian Interpretation 197(8) 23 The Dynamics of Capital 205(9) Appendix A. Other Studies by the Authors 214(4) Appendix B. Sources and Calculations 218(5) Notes 223(15) Index 238