Global Economic Crisis as Social Hieroglyphic: Genesis, Constitution and Regressive Progress

The book explores the 2008 global economic crisis as a complex social phenomenon, arguing that it is a symptom of a long-standing and endemic crisis of capitalism. It traces the crisis back to the unresolved world crisis surrounding the Great Depression and expounds critical social theory on the intersection between the Frankfurt School and Open Marxism.

Format: Paperback / softback
Length: 182 pages
Publication date: 09 January 2023
Publisher: Taylor & Francis Ltd

The book delves into the intricate social phenomenon of the 2008 global economic crisis, challenging the notion that it can be solely attributed to economic factors. Instead, it presents itself as a symptom of a much deeper and enduring crisis of capitalism, which has permeated contemporary capitalist societies. This crisis manifests in various forms of barbarism, reflecting a state of social regression.

The author offers a qualitative perspective on the economic crisis, viewing it as the perversion or inversion of the capitalistically organized social relations. To understand the origins of the current crisis, the book traces its roots back to the unresolved world crisis surrounding the Great Depression. This historical analysis aims to map the course of the continuous global crisis of capitalism and unveil its inverted forms, revealing their interconnectedness as derivative of the same social constitution.

The book employs a historical and interdisciplinary approach, drawing from critical social theory and social form analysis. It explores the intersection between the early critical theory of the Frankfurt School, notably Adorno, Horkheimer, and Marcuse, and the social form analysis of the Open Marxism school. By integrating these theoretical frameworks, the book provides a comprehensive analysis of the social, political, and economic factors contributing to the crisis.

The book delves into various aspects of the crisis, including the political crisis in Eastern Europe (1953–1968), the crisis of Keynesianism, the crisis of subversive reason, the transformations of the bourgeois individual, the state of social regression, and the destructive tendencies following the rise of neoliberalism. It also examines the 2008 financial crisis and its ongoing consequences, highlighting the need for a transformative response to address the systemic challenges facing contemporary capitalist societies.

Through its comprehensive analysis and insightful perspectives, this book offers valuable insights into the complex social phenomenon of the 2008 global economic crisis. It challenges the narrow understanding of the crisis as solely economic and emphasizes the need for a broader and more holistic approach to understanding the ongoing challenges of capitalism. By exploring the social, political, and economic dimensions of the crisis, the book provides a foundation for building a more just and sustainable world.

Weight: 335g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367754648