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Full-Text Articles in Social and Behavioral Sciences
Neoliberal Urbanism As ‘Strategic Coupling’ To Global Chains: Port Infrastructure And The Role Of Economic Impact Studies, David Jaffee
Neoliberal Urbanism As ‘Strategic Coupling’ To Global Chains: Port Infrastructure And The Role Of Economic Impact Studies, David Jaffee
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Abstract This paper identifies and delineates a variant of neoliberal urbanism that grounds city-region economic development on the ability to gain financial and public support for large-scale infrastructure projects advancing particular forms of capital accumulation. More specifically, the focus is on the effort of city-regions to strategically exploit and expand geographic and physical assets to capture economic benefits associated with global value chains through the expansion of maritime ports. This development strategy requires sizable public investments in port infrastructure. In order to justify and convince the public and political officials of the wisdom of such investments, port officials commission economic …
“The Current Crisis Of Us Neoliberal Capitalism And Prospects For A New ‘Social Structure Of Accumulation’.”, David Jaffee
“The Current Crisis Of Us Neoliberal Capitalism And Prospects For A New ‘Social Structure Of Accumulation’.”, David Jaffee
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Wage squeeze/profit squeeze crisis theories provide a powerful framework for the historical analysis of US capitalist crises and the alternating demand-side and supply-side social structures of accumulation (SSA). However, the current neoliberal SSA would seem to defy the logic of this model in its persistence in the face of a deep financial crisis and a failure to realize its espoused objectives. This paper reviews this theoretical model of economic crises, its relationship to and viability alongside the rise and establishment of neoliberalism, and some of the political and economic obstacles that would seem to prevent the construction of a new …
Disarticulation And The Crisis Of Neoliberalism In The United States, David Jaffee
Disarticulation And The Crisis Of Neoliberalism In The United States, David Jaffee
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Neoliberal policies instituted since the 1980s have transformed the United States economy in ways that have produced serious structural distortions in the basic operation of capitalism. Using Samir Amin’s concept of disarticulation, previously applied exclusively to the periphery of the world economy, this article argues that the twin and mutually reinforcing features of neoliberalism – global corporate restructuring and financialization – have now generated disarticulation in the core nations. This disarticulated structure is responsible for the economic stagnation and sharply unequal income/wealth distributional outcomes that characterize contemporary U.S. capitalism.