Asymmetric Crisis in Europe and Possible Futures. Critical Political Economy and Post-Keynesian Perspectives

摘要

This book collects a series of articles on the Euro crisis and the problems of European integration. Its aim is to combine and contrast the perspectives of both Critical Political Economy (CPE) and Post-Keynesian Economics (PKE). Thereby, the book seeks to close the gap between discussions on policy or 'technical' solutions on the one side, and an analysis through the lens of a political economy framework on the other. The two approaches taken up in the book have both their merits. PKE provides a theoretical view alternative to the mainstream to explain economic growth and income distribution. Its key addressee is the 'state', which should implement adequate policies to ensure full employment. Hence, it usually aims at improving the conditions for workers within a 'tamed' capitalism. CPE on the other hand tries to understand and criticise the social relations of production and consequently searches for conditions to overcome capitalism.