Economics 7004 Spring 2009

1. Marx and Engels

The Following are from Robert C. Tucker (ed.), The Marx-Engels Reader, Second Edition, W.W. Norton & Company (1978)

Karl Marx, “Preface to A Contribution to the Critique of Political Economy,” pp. 3-6.

Karl Marx and Friedrich Engels, “Manifesto of the Communist Party,” pp. 469-500.

Friedrich Engels, “Socialism: Utopian and Scientific,” pp. 687-717.

2. The Capitalist World-Economy

Immanuel Wallerstein, “The Rise and Future Demise of the Capitalist World System: Concepts for Comparative Analysis,” in The Essential Wallerstein (The New Press, 2000), pp. 71-105.

Giovanni Arrighi et al., “Historical Capitalism, East and West” (1999).

3. Long Waves and Stages of Capitalist Development

Immanuel Wallerstein, “Long Waves as Capitalist Process,” in The Essential Wallerstein (The New Press, 2000), pp. 207-220.

The Following are from The Imperiled Economy, Book 1 (Macroeconomics from a Left Perspective), published by the Union for Radical Political Economics (1987)

James N. Devine, “An Introduction to Radical Theories of Economic Crises,” pp. 19-32.

David Laibman, “Technical Change and the Contradiction of Capitalism,” pp. 33-42.

David M. Gordon, Thomas E. Weisskopf and Samuel Bowles, “Power, Accumulation, and Crisis: the Rise and Demise of the Postwar Social Structure of Accumulation,” pp. 43-58.

John Bellamy Foster, “What Is Stagnation?” pp. 59-70.

Minqi Li et al., “Long Waves, Institutional Changes, and Historical Trends” (2007).

4. Neoliberalism and Global Economic Crisis

James Crotty, “Trading State-Led Prosperity for Market-Led Stagnation” (2000).

David Felix, “The Contribution of Financial Globalization to the Current Crisis” (2003).

David Kotz, “Accumulation and Crisis in the Contemporary U.S. Economy” (2005).

Minqi Li, “US, China, and the Unraveling of Global Imbalances” (2007).

5. Hegemonies and Systemic Cycles

Immanuel Wallerstein, “The Three Instances of Hegemony in the History of the Capitalist World-Economy,” in The Essential Wallerstein (The New Press, 2000), pp. 253-263.

Immanuel Wallerstein, “America and the World: Today, Yesterday, and Tomorrow,” The Essential Wallerstein (The New Press, 2000), pp. 387-415.

Giovanni Arrighi, “Hegemony Unravelling I” and “Hegemony Unravelling II” (2005).

6. Global Environmental Crisis and the Limits to Growth

Huesemann, “The Limits to Technological Solutions to Sustainable Development” (2003).

7. Peak Oil and Global Energy Crisis

Energy Watch Group, “Crude Oil: The Supply Outlook” (2007).

Energy Watch Group, “Coal: Resources and Future Production” (2007).

Energy Watch Group, “Uranium Resources and Nuclear Energy” (2006).

Jean Laherrere, “Future of Natural Gas Supply” (2004).

Lightfoot and Green, “Potential Contribution of Renewable Energies” (2002).

Lightfoot and Green, “Energy Intensity Decline Implications” (2002).

8. Climate Change: Socialism or Barbarism?

James Hansen, “Target Atmospheric CO2: Where Should Humanity Aim?” (2008).

Spratt and Sutton, “Climate Code Red” (2007).

Minqi Li, “Climate Change and the Imperative for Socialism” (2008).

9. Historical Socialisms

Immanuel Wallerstein, “Social Science and the Communist Interlude, or Interpretations of Contemporary History,” in The Essential Wallerstein (The New Press, 2000), pp. 374-386.

Giovanni Arrighi, “World Income Inequalities and the Future of Socialism,” New Left Review 189: 39-66 (September / October 1991).

Vicente Navarro, “Has Socialism Failed? An Analysis of Health Indicators under Capitalism and Socialism,” Science & Society 57(1): 6-30 (Spring 1993).

David Kotz, “Lessons from the Demise of State Socialism” (1999).

Minqi Li, “The Rise of Modern China” (2008).

10. Historical Possibilities of the Twenty-First Century

Immanuel Wallerstein, “The Agonies of Liberalism: What Hope Progress,” in The Essential Wallerstein (The New Press, 2000), pp. 416-434.

Immanuel Wallerstein, “Peace, Stability, and Legitimacy, 1990-2025/2050,” in The Essential Wallerstein (The New Press, 2000), pp. 435-453.

Minqi Li, “Historical Possibilities of the Twenty-First Century” (2008).

David Kotz, “What Economic Structure for Socialism?” (2008).