Titlebook: Capitalism in the Age of Catastrophe; The Newest Developme Achim Szepanski Book 2024 The Editor(s) (if applicable) and The Author(s), under

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The Phenomenon of Stagflation,ion”, which has not yet been overcome even by digital automation and the associated advances in productivity. The paradox is that productivity growth rates in the manufacturing sector slumped precisely when they were supposed to be rising rapidly due to automation..While supply and demand in traditi

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Debt as a phenomenon of the Over,ven nonlinear growth of diverse forms of capital, to generate the profits and returns necessary to pay interest. Despite the negative externalities such as environmental degradation and dysfunctional social relations associated with maintaining economic growth, growth or expanded capital accumulatio

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Finance, World Market, and Imperialism,l countries, corporations, and their economies can always shift. The outcome is a division of the world based on the expansive exercise of economic, political, and military power by financial capital, states, and large transnational corporations. The development of the global world market during neo

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The Capitalization of Nature,to overproduction. It is precisely the scarcity of natural resources and the concomitant increase in commodity prices that contributes to the capitalization of nature, insofar as financial capital speculates on its increasing value. Herein lies the financialization of the extraction of natural resou

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The Ecstasy of Information: Big Tech and Platforms,already increased fixed capital costs, which has had a negative impact on profit rates in many countries. Since digitized machines are expensive, we can expect further attempts by capital to lower wage rates. Because automated machines can work for twenty-four hours but require at least expert super

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Surplus Population, group suffers from long-term underemployment and is forced to earn a vital income in the informal economies of the megacity slums. Additionally, it is supplemented by internationally migrating refugees who are fleeing wars, oppression, and natural disasters, and consequently have to reside as migra

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