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)

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Jean-François Lyotard: Discourse, Figure (1971/2011)

“Discourse, Figure is Lyotard’s thesis. Provoked in part by Lacan’s influential seminars in Paris, Discourse, Figure distinguishes between the meaningfulness of linguistic signs and the meaningfulness of plastic arts such as painting and sculpture. Lyotard argues that because rational thought is discursive and works of art are inherently opaque signs, certain aspects of artistic meaning such as symbols and the pictorial richness of painting will always be beyond reason’s grasp.

A wide-ranging and highly unusual work, Discourse, Figure proceeds from an attentive consideration of the phenomenology of experience to an ambitious meditation on the psychoanalytic account of the subject of experience, structured by the confrontation between phenomenology and psychoanalysis as contending frames within which to think the materialism of consciousness. In addition to prefiguring many of Lyotard’s later concerns, Discourse, Figure captures Lyotard’s passionate engagement with topics beyond phenomenology and psychoanalysis to structuralism, semiotics, poetry, art, and the philosophy of language.”

Originally published in French as Discours, figure by Klincksieck, 1971

Translated by Antony Hudek and Mary Lydon
Introduction by John Mowitt
Publisher University of Minnesota Press, 2011
Cultural Critique Books
ISBN 0816645655, 9780816645657
512 pages

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Terry Eagleton: After Theory (2003)

As heralded everywhere from NPR to the pages of the New York Times Magazine, a new era is underway in our colleges and universities: after a lengthy tenure, the dominance of postmodern theory has come to an end. In this timely and topical book, the legendary Terry Eagleton (“one of [our] best-known public intellectuals.”-Boston Globe) traces the rise and fall of these ideas from the 1960s through the 1990s, candidly assessing the resultant gains and losses. What’s needed now, After Theory argues, is a return to the big questions and grand narratives. Today’s global politics demand we pay attention to a range of topics that have gone ignored by the academy and public alike, from fundamentalism to objectivity, religion to ethics. Fresh, provocative, and consistently engaging, Eagleton’s latest salvo will challenge everyone looking to better grasp the state of the world.

Publisher Basic Books, 2003
ISBN 0465017738, 9780465017737
231 pages

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PDF (updated on 2012-7-31)