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Titlebook: Global Crisis and Reproduction of Capital; Stavros Tombazos Book 2019 The Editor(s) and The Author(s), under exclusive licence to Springer

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Management Perquisites and Imperfect Duty,ses: The crisis of the 1970s was due to the fall in the profit rate. The present crisis is due to the structural slowdown in the rhythm of realisation of value. The current crisis is the crisis of the neoliberal response to the crisis of the 1970s. The neoliberal reproduction of capital survives wit
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https://doi.org/10.1007/978-981-15-6041-5itted the creation of an enormous volume of fictitious capital alongside an unsustainable debt. The ongoing crisis is not only “financial”, but it is also the crisis of the neoliberal regime of accumulation. Economic policies prevented the collapse of the financial system and saved the euro, but they did not lead to an exit from the crisis.
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Dual-Winding Impedance Source Inverters,f the system. During the neoliberal period, the rate of profit (valorisation of value) recovers, but the rate of accumulation does not track the recovery in profitability: A divergence between the curve of the rate of profit and the curve of the rate of accumulation arises. The ratio Surplus Value (or Profit)/Accumulation grows.
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Imperativeness in Private International Lawould also adversely affect fiscal policies because it would lead to higher interest rates on public debt. The austerity policies in southern Europe establish conditions that no longer allow the return to growth rates of the initial euro period. Greece has been transformed into a debt colony.
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Management Perquisites and Imperfect Duty,h the support of economic policies that create new “bubbles” on the one hand, and social disasters on the other. We live in the impasse of a schema of reproduction in which money capital prevails, whose existence is only possible through severe periodic recessions, social regression and political crises.
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Introduction,itted the creation of an enormous volume of fictitious capital alongside an unsustainable debt. The ongoing crisis is not only “financial”, but it is also the crisis of the neoliberal regime of accumulation. Economic policies prevented the collapse of the financial system and saved the euro, but they did not lead to an exit from the crisis.
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