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From Global Slump to Trump: The Economics and Politics of Crisis, Resistance and Reaction

Tuesday, 29 August 2017 11:23am

The 2017 NZPSA conference features a keynote lecture by Prof David McNally of the University of York (Canada).


About the lecture

In his book, Global Slump published in 2010, David McNally analyses the global financial meltdown as the first systemic crisis of the neoliberal stage of capitalism. He argued that – far from having ended – the crisis ushered in a whole period of worldwide economic and political turbulence.

This prognosis has proven to be remarkably accurate. The year immediately following the publication of Global Slump, 2011, was the worst year for global capitalism since 1968 – a year of crisis, revolutions, revolts, and global anti-capitalist protests.

Since then regimes, both authoritarian and liberal democratic, have proceeded to implement programmes of fiscal austerity and vigorously suppress outbreaks of popular resistance to austerity.

Brexit and Trump’s victory mark a rightward shift in the politics of governing elites but as the surprisingly strong support for Bernie Sanders shows this shift has been contested and is best viewed as a complex moment in a turbulent and rapidly changing historical conjuncture.

In his keynote, David draws upon both Global Slump and Monsters of the Market to provide a critical analysis of ‘the Trump moment’ in global politics.

About the speaker

David McNally is Professor and past chair of Political Science at York University in Toronto.

David is the author of six books: Political Economy and the Rise of Capitalism (1988); Against the Market: Political Economy Market Socialism and the Marxist Critique (1993); Bodies of Meaning: Studies on Language, Labor and Liberation (2001); Another World is Possible: Globalization and Anti-Capitalism (2002; second revised edition 2006). His book Global Slump: The Economics and Politics of Crisis and Resistance (2010) won the prestigious 2012 Deutscher Memorial Award. Monsters of the Market: Zombies, Vampires and Global Capitalism (2011) won the 2012 Paul Sweezy Award from the American Sociological Association.

His articles have appeared in many journals, including Historical Materialism, Capital and Class, History of Political Thought, New Politics, Studies in Political Economy, and Review of Radical Political Economics.

Wednesday 29 November
5:30pm - 7pm
Burns 1 Lecture Theatre