Marx and Economic Crisis Theories: A Comparative Analysis In the Context of 2007 Global Financial Crisis

Ersan BOCUTOĞLU

doi:https://doi.org/10.25295/fsecon.2019.s1.007

Makale detayları

Marx and Economic Crisis Theories: A Comparative Analysis In the Context of 2007 Global Financial Crisis

Yazarlar:

Ersan BOCUTOĞLU

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Fiscaoeconomia 2019 Vol.3 Issue 2, pp.129-161

Belge Tipi:

Makale

Yayın Tarihi:

1/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000710745

Sıklık:

Üç Yıllık

eISSN:

2564-7504

DOI:

https://doi.org/10.25295/fsecon.2019.s1.007

Özet:

 

The aim of this article is to compare orthodox and heterodox economic crisis theories in the context of 2007 Global Financial Crisis with a special reference to Marx.  There is almost a consensus that orthodox economic crisis theories are hardly relevant to explain 2007 Global Financial Crisis. Since the monopolization in economies, intensively in finance sector, hegemony of financial sector over real sector, manipulations in interest rates in financial sector controlled by the financial elite that is identified by Piketty are the issues that are foreseen by Marxists, Post Keynesians and Austrians, it is fair to state that these three heterodox economic crisis theories are of a theoretical and philosophical share in understanding and explaining 2007 Global Financial Crisis.

Makale detayları

Marx and Economic Crisis Theories: A Comparative Analysis In the Context of 2007 Global Financial Crisis

Yazarlar: Ersan BOCUTOĞLU

Yayıncı: Ahmet Arif EREN

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Fiscaoeconomia 2019 Vol.3 Issue 2, pp.129-161

Belge Tipi: Makale

Yayın Tarihi: 1/2019

Belge Dili: İngilizce

Document ID (Org No.): 2000710745

Sıklık: Üç Yıllık

eISSN: 2564-7504

DOI: https://doi.org/10.25295/fsecon.2019.s1.007

Sayı

Yazarlar:

Ersan BOCUTOĞLU

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Fiscaoeconomia 2019 Vol.3 Issue 2, pp.129-161

Belge Tipi:

Makale

Yayın Tarihi:

1/2019

Belge Dili:

İngilizce

Document ID (Org No.):

2000710745

Sıklık:

Üç Yıllık

eISSN:

2564-7504

DOI:

https://doi.org/10.25295/fsecon.2019.s1.007