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      Neoliberal Capitalism Reconsidered: Reviewing D. Kotz's Recent Work

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            Abstract

            Re-expanded inequality of distribution of wealth and income in major economies in the era of neoliberalism, as impressively revealed statistically by T. Piketty's Capital in the Twenty-First Century (2014), has globally reactivated a series of political movements demanding revival of democratic socialism for working people. To understand the historical significance and rationality of such a new political tide, we need to cooperate on synthetic critical analyses of neoliberal capitalism. By reviewing D. Kotz's The Rise and Fall of Neoliberal Capitalism (2015), this article would discuss the following topics: (1) characteristic approach of SSA (Social Structure of Accumulation) theory to neoliberalism, (2) the impact of information technology (IT) to the restructure of capital-labor relations, (3) Japan's position in the world of neoliberalism, and (4) alternatives for the future.

            Content

            Author and article information

            Journal
            10.13169
            worlrevipoliecon
            World Review of Political Economy
            Pluto Journals
            2042891X
            20428928
            Spring 2018
            : 9
            : 1
            : 97-105
            Article
            worlrevipoliecon.9.1.0097
            10.13169/worlrevipoliecon.9.1.0097
            4af1b3e7-477e-4f12-a9da-593bd2b63182
            © 2018 World Association for Political Economy

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History
            Categories
            Book Review

            Political economics
            IT,21st-century models of social democracy and socialism,neoliberal capitalism,SSA approach,Japanese capitalism

            References

            1. , , and . 1982. Segmented Work, Divided Workers . New York: Cambridge University Press.

            2. , and . 2008. The Rise of Neoliberalism in Advanced Capitalist Economies . Houndmills, Basingstoke, and New York: Palgrave Macmillan.

            3. International Monetary Fund. 2017. World Economic Outlook Database . Accessed October 29, 2017. https://www.imf.org/external/pubs/ft/weo/2017/01/weodata/index.aspx.

            4. 1995. Political Economy for Socialism . London: Macmillan, and New York: St. Martin's.

            5. 2000. The Japanese Economy Reconsidered . Houndmills, Basingstoke, Hampshire, and New York: Palgrave.

            6. 2015. The Rise and Fall of Neoliberal Capitalism . Cambridge, MA, and London: Harvard University Press.

            7. 2014. Capital in the Twenty-First Century . Translated by . Cambridge, MA, and London: Harvard University Press.

            8. 1994. A Future for Socialism . Cambridge, MA: Harvard University Press.

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