Lecture on the 'Greek economic crisis' to UNAM and 4 other Latin American uni...Stavros Mavroudeas
(1) The document presents a Marxist structural explanation of the Greek economic crisis.
(2) It argues the crisis has two structural components: an internal crisis of falling profit rates due to overaccumulation, and an external dimension of imperialist exploitation within the EU that aggravated the crisis.
(3) An empirical analysis of profit rates in Greece from 1960-2009 finds that the general rate of profit fell dramatically from its high levels in 1960-1973 during the crisis of the 1970s and remained stagnant after a slight recovery under neoliberalism from 1985-2009, supporting the Marxist structural explanation.
Lecture on the 'Greek economic crisis' to UNAM and 4 other Latin American uni...Stavros Mavroudeas
(1) The document presents a Marxist structural explanation of the Greek economic crisis.
(2) It argues the crisis has two structural components: an internal crisis of falling profit rates due to overaccumulation, and an external dimension of imperialist exploitation within the EU that aggravated the crisis.
(3) An empirical analysis of profit rates in Greece from 1960-2009 finds that the general rate of profit fell dramatically from its high levels in 1960-1973 during the crisis of the 1970s and remained stagnant after a slight recovery under neoliberalism from 1985-2009, supporting the Marxist structural explanation.
Συνέδριο
«Παραγωγική Ανασυγκρότηση της Ελλάδας: Μελετώντας το Παρελθόν Σχεδιάζουμε το Μέλλον»
27-8 Νοεμβρίου 2015
Τμήμα Οικονομικών ΑΠΘ
Τμήμα Οικονομικών Παν. Μακεδονίας
ΙΚΕ Δημήτρης Μπάτσης
«Εναλλακτικά σενάρια δομικής προσαρμογής στην Ελλάδα και το πρόβλημα της παραγωγικής ανασυγκρότησης»
Σταύρος Μαυρουδέας
IIPPE 7th International Conference in Political Economy
‘Political Economy: International Trends and National Differences’
School of Economics & Management, University of Lisbon, Portugal
September 7-9, 2016
‘The Political Economy of the EU: an imperialist project in crisis’
Stavros Mavroudeas
Dept. of Economics
University of Macedonia
smavro@uom.gr
Abstract
This paper studies the Political Economy of the EU and Marxism’s position towards the latter. First, it surveys the different approaches – Mainstream, Heterodox and Marxist – that analyse the European integration process. Second, it proposes a Marxist value-theoretic analysis of the EU. Third, it proposes a periodization of the evolution of the European integration. Finally, following from the periodization of the previous section, it studies the current crisis of the EU.
The paper’s central thesis is that the European integration is an imperialist project, organised by the dominant capitals of the Western European countries and aiming initially to stabilize the Western European economies under the US auspices but later to create a competing global pole that challenges US global supremacy. An essential part of this project is the exploitation of weaker economies through a mechanism of transfers of value. This mechanism operates, albeit in a differentiated manner, both within and outside the EU. Thus, it is argued that the European integration is basically divided in two groups of countries: a dominant euro-centre and a dominated euro-periphery. Furthermore, it is argued that the European integration project is constituted on the abovementioned basis and cannot be reformed towards a ‘social Europe’ direction. Following from these, it is argued that the Left should struggle to dismantle this imperialist project instead of trying to reform it.
This analysis is based on a classical Marxist understanding of the theory of imperialism that rejects the ‘globalization’ thesis and maintains that nation-states remain the main agents of the international system. The analysis of the politico-economic structure of the European integration and the value transfer mechanisms (economic imperialist exploitation) follow from this thesis.
Presentatie over 3d printen en onderwijs, leren, patientenzorg en een stukje toekomst. Presentatie gehouden tijdens het symposium tijdens "Beter worden werkt" op 15-9-20116 in het Deventer ziekenhuis.
The greek saga: competing explanations of the Greek crisis - A Marxist altern...Stavros Mavroudeas
This paper reviews the alternative explanations offered to explain the Greek crisis and checks there analytical and empirical validity. The first part focuses on the mainstream explanations. It distinguishes three main versions. The first, stemming mainly from the dominant EU circles, considers the Greek crisis as a historical accident; a case of policy-driven economic imprudence: it is a Greek ‘disease’ which contaminates – through contagion mechanisms – the rest of the EMU. Hence, it is not geared to any structural contradictions of the European integration project. The second version, having more Anglo-Saxon origins, recognizes certain structural causes of this crisis; namely the Eurozone being a non-optimal currency area. It argues that EMU’s fundamental flaws cannot be rectified and its collapse is on the table. The third version is a ‘middle-of-the-road’ blend: while the Greek crisis has national origins it abated existing flaws of the EMU. However, these flaws can be rectified. All these versions are criticized for failing to account for the economic crisis of 2007-8 and its effects on the whole European Union edifice. The second part reviews certain radical explanations offered and particularly those around the ‘financialization thesis’. These explanations are criticized for mimicking the mainstream approaches; particularly regarding the 2007-8 economic crisis. They are also criticized for failing to explain satisfactorily the Greek crisis in both analytical and empirical terms. The last part offers an alternative Marxist explanation of the Greek crisis. This explanation stresses two main aspects. First, it is argued that 2007-8 economic crisis is a crisis a-la-Marx (i.e. stemming from the tendency of the profit rate to fall) and not a primarily financial crisis and this represents the ‘internal’ cause of the Greek crisis. Second, it is shown that – apart from the ‘internal’ cause – there are also ‘external’ causes. These come from the relations of imperialist exploitation that exist within the EU and which relegate a host of countries to the dismal position of the euro-periphery.
1. The document outlines 4 alternative strategies for exiting the Greek economic crisis: 1) remaining in the EU and implementing austerity programs, 2) remaining in the EU but renegotiating austerity programs, 3) exiting the Eurozone but remaining in the EU, and 4) fully disengaging from the EU.
2. It argues that a Marxist structural explanation of the crisis sees its fundamental causes in problems of production and imperialist exploitation within the EU.
3. A full disengagement from the EU offers the only coherent strategy that can radically restructure Greece's economy in a way that benefits workers.
Συνέδριο
«Παραγωγική Ανασυγκρότηση της Ελλάδας: Μελετώντας το Παρελθόν Σχεδιάζουμε το Μέλλον»
27-8 Νοεμβρίου 2015
Τμήμα Οικονομικών ΑΠΘ
Τμήμα Οικονομικών Παν. Μακεδονίας
ΙΚΕ Δημήτρης Μπάτσης
«Εναλλακτικά σενάρια δομικής προσαρμογής στην Ελλάδα και το πρόβλημα της παραγωγικής ανασυγκρότησης»
Σταύρος Μαυρουδέας
IIPPE 7th International Conference in Political Economy
‘Political Economy: International Trends and National Differences’
School of Economics & Management, University of Lisbon, Portugal
September 7-9, 2016
‘The Political Economy of the EU: an imperialist project in crisis’
Stavros Mavroudeas
Dept. of Economics
University of Macedonia
smavro@uom.gr
Abstract
This paper studies the Political Economy of the EU and Marxism’s position towards the latter. First, it surveys the different approaches – Mainstream, Heterodox and Marxist – that analyse the European integration process. Second, it proposes a Marxist value-theoretic analysis of the EU. Third, it proposes a periodization of the evolution of the European integration. Finally, following from the periodization of the previous section, it studies the current crisis of the EU.
The paper’s central thesis is that the European integration is an imperialist project, organised by the dominant capitals of the Western European countries and aiming initially to stabilize the Western European economies under the US auspices but later to create a competing global pole that challenges US global supremacy. An essential part of this project is the exploitation of weaker economies through a mechanism of transfers of value. This mechanism operates, albeit in a differentiated manner, both within and outside the EU. Thus, it is argued that the European integration is basically divided in two groups of countries: a dominant euro-centre and a dominated euro-periphery. Furthermore, it is argued that the European integration project is constituted on the abovementioned basis and cannot be reformed towards a ‘social Europe’ direction. Following from these, it is argued that the Left should struggle to dismantle this imperialist project instead of trying to reform it.
This analysis is based on a classical Marxist understanding of the theory of imperialism that rejects the ‘globalization’ thesis and maintains that nation-states remain the main agents of the international system. The analysis of the politico-economic structure of the European integration and the value transfer mechanisms (economic imperialist exploitation) follow from this thesis.
Presentatie over 3d printen en onderwijs, leren, patientenzorg en een stukje toekomst. Presentatie gehouden tijdens het symposium tijdens "Beter worden werkt" op 15-9-20116 in het Deventer ziekenhuis.
The greek saga: competing explanations of the Greek crisis - A Marxist altern...Stavros Mavroudeas
This paper reviews the alternative explanations offered to explain the Greek crisis and checks there analytical and empirical validity. The first part focuses on the mainstream explanations. It distinguishes three main versions. The first, stemming mainly from the dominant EU circles, considers the Greek crisis as a historical accident; a case of policy-driven economic imprudence: it is a Greek ‘disease’ which contaminates – through contagion mechanisms – the rest of the EMU. Hence, it is not geared to any structural contradictions of the European integration project. The second version, having more Anglo-Saxon origins, recognizes certain structural causes of this crisis; namely the Eurozone being a non-optimal currency area. It argues that EMU’s fundamental flaws cannot be rectified and its collapse is on the table. The third version is a ‘middle-of-the-road’ blend: while the Greek crisis has national origins it abated existing flaws of the EMU. However, these flaws can be rectified. All these versions are criticized for failing to account for the economic crisis of 2007-8 and its effects on the whole European Union edifice. The second part reviews certain radical explanations offered and particularly those around the ‘financialization thesis’. These explanations are criticized for mimicking the mainstream approaches; particularly regarding the 2007-8 economic crisis. They are also criticized for failing to explain satisfactorily the Greek crisis in both analytical and empirical terms. The last part offers an alternative Marxist explanation of the Greek crisis. This explanation stresses two main aspects. First, it is argued that 2007-8 economic crisis is a crisis a-la-Marx (i.e. stemming from the tendency of the profit rate to fall) and not a primarily financial crisis and this represents the ‘internal’ cause of the Greek crisis. Second, it is shown that – apart from the ‘internal’ cause – there are also ‘external’ causes. These come from the relations of imperialist exploitation that exist within the EU and which relegate a host of countries to the dismal position of the euro-periphery.
1. The document outlines 4 alternative strategies for exiting the Greek economic crisis: 1) remaining in the EU and implementing austerity programs, 2) remaining in the EU but renegotiating austerity programs, 3) exiting the Eurozone but remaining in the EU, and 4) fully disengaging from the EU.
2. It argues that a Marxist structural explanation of the crisis sees its fundamental causes in problems of production and imperialist exploitation within the EU.
3. A full disengagement from the EU offers the only coherent strategy that can radically restructure Greece's economy in a way that benefits workers.
2. * Награды, звания: Обладатель Гранта
Министерства образования и науки Республики
Татарстан «Лучший педагог в области
ИКТ»,2012г.
* Почетная грамота РОО,2002г.
* Грамота районного смотра-конкурса учебных
кабинетов ,2008г.
* Грамота районного конкурса Интернет-сайтов
среди образовательных учреждений,2008г
* Благодарственное письмо Республиканского
центра внешкольной работы МО РТ,2011г
*