1st Term 2013

Lecturer: Prof Lucien van der Walt

Course: The Political economy of Contemporary Capitalism

The world today is marked by major transformations. Class compromises in the Western world between labour and capital, and centred on Keynesian welfare state / KWS policies, have broken down. Centrally planned “Soviet” (so-called “Communist”) economies have largely disappeared, as have systematic policies of economic protectionism and ISI/ import-substitution-industrialisation in the postcolonial world. Inequality has greatly increased within, and between, countries, and a series of economic shocks - notably, the global financial crisis from 2007 onwards - have increased unemployment while reducing economic growth rates. Yet there has also been substantial industrialisation and economic growth in parts ofLatin America,Asia, andAfrica, as well as the expansion of a range of oppositional movements, including resurgent (as well as new) trade unions.

THE POLITICAL ECONOMY OF CONTEMPORARY CAPITALISM 2013

2nd Term 2013

Information coming soon...