Krizi Anlarken

Yıl 2009, Cilt: 1 Sayı: 20, 29 - 44, 01.01.2009

E. Ahmet Tonak

Öz

How We Understand the Crisis

Öz

Among mainstream academics, the current world economic crisis is commonly explained either as a failure of policy e.g. deregulation of the financial sector or as an expression of human greed e.g. the case of Bernie Madoff . Though most radical economists reject this view, for their part, they commonly analyze the recent slump by vague references, mostly to over-accumulation and/or occasionally to the falling rate of profit. This essay is an attempt to clarify the problematic aspects in the latter type of radical views. It does this in two parts. First, on the basis of Marx’s distinction between productive value creation and unproductive activities value absorption , the constraints imposed by “real” sectors on financial sectors are explained. Second, through a series of empirical estimates, the vital significance of the Marxian macroeconomic accounting system for evaluating any capitalist economy is reasserted. The last section of the essay speculates on the possible manner of unfolding of the crisis in the near future.

Kaynakça

• Bond, Patrick. (2008). The US Financial Meltdown, Part 1: What Really Happened (http://www.nu.ac.za/ccs/default.asp?11,61,3,1624).
• BSB. 2008a. BSB Basın Duyurusu: Küresel Kriz Kapitalizmin Ta Kendisidir (http://www.bagimsizsosyalbilimciler.org/Yazilar_BSB/BSBBasinDec2008.pdf).
• BSB. 2008b 2008 Kavşağında Türkiye: Siyaset, İktisat ve Toplum. İstanbul: Yordam Kitap.
• Karahanoğulları, Yiğit. 2008. Ulusal Hesaplar Sisteminden Hareketle Marksist Değer Kategorilerinin Ampirik Tahlili: 1988-2007 Türkiye Ekonomisi İçin Bir Uygulama. Ankara Üniversitesi, SBF. Basılmamış Doktora Tezi (Yordam Kitap tarafından 2009’da yayınlanacak).
• Mohun, Simon. 2005. “On Measuring the Wealth of Nations: the US Economy, 1964-2001." Cambridge Journal of Economics. 29.5: 799-815.
• Satlıgan, Nail. 2008. “Solun Bunalıma Cevabı, 'Geçiş Önlemleri Paketi' Olmalı.” Mesele Kitap Dergisi.
• Shaikh, Anwar. 2008. “Competition and Industrial Rate of Returns.” (http://homepage.newschool.edu/~AShaikh/Ajitfest%20galley%20cha09%20Ju ne%202008.pdf).
• Shaikh, Anwar. 1978. “An Introduction to the History of Crisis Theories.”U.S. Capitalism in Crisis, U.R.P.E., New York. (Türkçesi, Satlıgan, N. ve Savran, S. der. 1988. Dünya Kapitalizminin Krizi. İstanbul: Alan Yayınları içinde).
• Shaikh, A. ve Tonak. E. A. 1994. Measuring the Wealth of Nations: The Political Economy of National Accounts, New York: Cambridge University Press (Türkçesi İstanbul Bilgi Üniversitesi Yayınları’ndan 2009’da yayınlanacaktır).
• Tonak. E. Ahmet. 1980. “Artık Değer Oranı: ABD ve Türkiye.” Toplum ve Bilim. Kış
• Tonak, E. Ahmet. 2004. “Dünya Ekonomisi Krizin Eşiğinde.” Cumhuriyet. 13 Aralık.