Global Slump: Capitalism’s Mutating Crisis - Part I
Channel: Havens Wright Center for Social Justice
Date: 2022-09-24

A lecture by David McNally suggesting that the US real estate crisis that began in 2007 and the attendant Great Financial Crisis & EU sovereign debt crisis were not discrete events but inter-related moments of a singular social process termed "the Global Slump", the first global and systemic crisis of neoliberal capitalism - a transformative moment that will radically redefine  economic and political life.

This visit is part of an eight part series titled “SOCIALISM FOR THE 21st CENTURY: ALTERNATIVES TO CAPITALISM AND HOW TO GET THERE”.

This event was co-sponsored by Global Studies at UW-Madison.

David McNally is Professor of Political Science at York University, Toronto. He is the author of five previous books: Political Economy and the Rise of Capitalism (1988); Against the Market: Political Economy Market Socialism and the Marxist Critique (1993); Bodies of Meaning: Studies on Language, Labor and Liberation (2001); Another World is Possible: Globalization and Anti-Capitalism (2002; second revised edition 2006); and Monsters of the Market: Zombies, Vampires and Global Capitalism (forthcoming 2010). His articles have appeared in many journals, including Historical Materialism, Capital and Class, History of Political Thought, New Politics, Studies in Political Economy, and Review of Radical Political Economics. His book on the economic crisis, Global Slump: The Economics and Politics of Crisis and Resistance, will be published by PM Press in November. David McNally is also a long-time activist in socialist, anti-poverty and migrant justice movements.