Edu-Factory Journal, No. 0-1 (2010-2011)

Edu-factory is a transnational collective engaged in the transformations of the global university and conflicts in knowledge production. The website of the global network (www.edu-factory.org) collects and connects theoretical investigations and reports from university struggles. The network has organized meetings all around the world, paying particular attention to the intertwining of student and faculty struggles.

Issue 1: University Struggles and the System of Measure
September 2011
Editors: Nirmal Puwar, Gerald Raunig and Brett Neilson
81 pages
Contributions by Edu-factory collective, Enda Brophy and Myka Tucker-Abramson, Lina Dokuzović and Eduard Freudmann, Victor Jeleniewski Seidler, Mary Evans, Bridget Fowler, Peer Illner

Issue 0: The Double Crisis
January 2010
141 pages
Contributions by Edu-factory collective, Christopher Newfield, George Caffentzis, Jon Solomon, Stefano Harney, Ned Rossiter, Marc Bousquet, Revista Multitud, Pedro Barbosa Mendes, Claudia Bernardi and Andrea Ghelfi, Lina Dokuzović and Eduard Freudmann, Uninomade

ISSN 2078-3884
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Gérard Duménil, Dominique Lévy: The Crisis of Neoliberalism (2011)

This book examines “the great contraction” of 2007–2010 within the context of the neoliberal globalization that began in the early 1980s. This new phase of capitalism greatly enriched the top 5 percent of Americans, including capitalists and financial managers, but at a significant cost to the country as a whole. Declining domestic investment in manufacturing, unsustainable household debt, rising dependence on imports and financing, and the growth of a fragile and unwieldy global financial structure threaten the strength of the dollar. Unless these trends are reversed, the authors predict, the U.S. economy will face sharp decline.

Summarizing a large amount of troubling data, the authors show that manufacturing has declined from 40 percent of GDP to under 10 percent in thirty years. Since consumption drives the American economy and since manufactured goods comprise the largest share of consumer purchases, clearly we will not be able to sustain the accumulating trade deficits.

Rather than blame individuals, such as Greenspan or Bernanke, the authors focus on larger forces. Repairing the breach in our economy will require limits on free trade and the free international movement of capital; policies aimed at improving education, research, and infrastructure; reindustrialization; and the taxation of higher incomes.

Publisher Harvard University Press, 2011
ISBN 0674049888, 9780674049888
400 pages

Interview with Gérard Duménil: Part 1, Part 2 (The Real News Network)

authors (incl. additional material)
publisher
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Minqi Li: The Rise of China and the Demise of the Capitalist World-Economy (2008)

China’s increasing power in the global economy is destabilizing the established system. This book analyses the possible historical trajectories of China and the capitalist world-economy in the twenty-first century.

Minqi Li examines the future global prospects from the perspectives of Marxism, world-system theories, and ecological limits to growth. He argues that China is likely to exacerbate many of the major contradictions of world capitalism, which could lead to the demise of the existing world-system.

This is an essential text for students of political economy, economics and global politics.

Publisher Pluto Press, 2008
ISBN 0745327729, 9780745327723
208 pages

review (Brian Holmes)

wikipedia
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