{"title":"Costas Lapavitsas","description":"\u003cp\u003e\u003cstrong\u003eCostas Lapavitsas\u003c\/strong\u003e offers incisive analysis on contemporary economic challenges, blending critical perspectives with accessible scholarship. His works explore themes such as capitalism, financial crises, and political economy, providing readers with deep insights into global economic systems.\u003c\/p\u003e\n\n\u003cp\u003eIdeal for those interested in \u003cem\u003eEducation \u0026amp; Reference\u003c\/em\u003e, Lapavitsas's books engage thoughtfully with issues like the cost of living, the future of the European Union, and the structural forces shaping markets today. His clear yet rigorous approach makes complex subjects approachable for informed readers.\u003c\/p\u003e","products":[{"product_id":"the-state-of-capitalism-by-the-erensep-writing-collective-9781839767845","title":"The State of Capitalism","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe health emergency that broke out in 2020 is a landmark event in the development of capitalism, confirming the underlying change signalled by the Great Crisis of 2007-9. The Pandemic Crisis has catapulted the state to the centre of economic activity. However, a historic impasse is steadily becoming apparent at the core of the world economy.\u003c\/p\u003e\n\n\u003cp\u003eProductive accumulation is flaccid, as both profitability and labour productivity are weak. Financialisation has entered a new phase, as \"shadow banking\" grew relative to other banks but is entirely dependent on the state. The power of the state derives from command over fiat money and can certainly deliver enormous boosts to aggregate demand, but that is not enough to tackle the weakness of the productive sector.\u003c\/p\u003e\n\n\u003cp\u003eThe rise in inflation for the first time in forty years indicates the impasse. There is a transparent need for intervention on the supply side, directly challenging capitalist property rights. There is no evidence, however, that the ruling blocs in core countries would engage in such policies.\u003c\/p\u003e\n\n\u003cp\u003eThe Pandemic Crisis also brought to the fore fresh divisions of core and periphery across the world economy. Imperialism has assumed new forms, spurred by globally active financial capital and internationalised productive capital. A renewed contest for hegemony has emerged as US power declined. The economic challenge of China will unfold steadily in the years ahead, intensifying political tensions and military rivalries.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eThe State of Capitalism\u003c\/em\u003e is the work of a research collective comprising authors from several parts of the world. It analyses these vital issues from the perspective of Marxist political economy and puts forth alternative anticapitalist proposals.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Allen \u0026 Unwin","offers":[{"title":"Default Title","offer_id":47428328194284,"sku":"9781839767845","price":46.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781839767845.jpg?v=1774477607"},{"product_id":"the-cost-of-living-crisis-by-doug-nicholls-9781804293843","title":"The Cost of Living Crisis","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWe are living through a \u003cem\u003ecost of living crisis\u003c\/em\u003e, with interest rate hikes and the prices of everyday consumables and energy bills sky-rocketing. Why is this happening? Sometimes we are told that wages are too high, or that the government has \"printed\" too much money or that events far away, such as the war in Ukraine, are solely to blame.\u003c\/p\u003e\n\n\u003cp\u003eThe plain argument that high prices go together with high profits, falling wages, and weak production is often distorted and hidden by mainstream commentary in the media and elsewhere.\u003c\/p\u003e\n\n\u003cp\u003eThis plain-speaking pamphlet tells it straight: the big businesses dominating production and distribution make huge profits out of high inflation, while working people lose out. It sets out factual evidence to illustrate that the source of record profits is the fall in real wages as inflation rises. A large part of the income of working people is being transferred directly into the profits of big business.\u003c\/p\u003e\n\n\u003cp\u003eThe pamphlet shows that the deeper roots of the \u003cem\u003ecost of living crisis\u003c\/em\u003e lie in the very low investment and poor productivity growth for many years. The basic steps to resolving the crisis are simple: prices, especially of essentials, must be brought down, and wages, salaries, benefits, and pensions must be increased.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Allen \u0026 Unwin","offers":[{"title":"Default Title","offer_id":47432854733036,"sku":"9781804293843","price":16.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781804293843.jpg?v=1774766268"},{"product_id":"the-left-case-against-the-eu-by-costas-lapavitsas-9781509531066","title":"The Left Case Against the EU","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eMany on the Left see the European Union as a fundamentally benign project with the potential to underpin ever greater cooperation and progress. If it has drifted rightward, the answer is to fight for reform from within.\u003c\/p\u003e\n\n\u003cp\u003eIn this iconoclastic polemic, economist Costas Lapavitsas demolishes this view. He contends that the EU’s response to the Eurozone crisis represents the ultimate transformation of the union into a neoliberal citadel that institutionally embeds austerity, privatisation, and wage cuts. Concurrently, the rise of German hegemony has divided the EU into an unstable core and dependent peripheries. These related developments make the EU impervious to meaningful reform. The solution is therefore a direct challenge to the EU project that stresses popular and national sovereignty as preconditions for true internationalist socialism.\u003c\/p\u003e\n\n\u003cp\u003e\u003cem\u003eThe Left Case Against the EU\u003c\/em\u003e is Lapavitsas’s powerful manifesto for a left opposition to the EU, upending the wishful thinking that often characterises the debate. It will be a challenging read for all on the Left interested in the future of Europe.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47455782895852,"sku":"9781509531066","price":37.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/5113qKkSCYL._SL1500.jpg?v=1774798399"}],"url":"https:\/\/bookhero.co.nz\/collections\/costas-lapavitsas.oembed","provider":"Book Hero","version":"1.0","type":"link"}