Capitalist Competition and the Tendency to Overproduction: Comments on Brenner's ‘Uneven Development and the Long Downturn’

Capitalist Competition and the Tendency to Overproduction: Comments on Brenner's ‘Uneven... Clarke/Capitalist Competition and Overproduction Capitalist Competition and the Tendency to Overproduction: Comments on Brenner's 'Uneven Development and the Long Downturn' Simon Clarke The publication of Bob Brenner's long-awaited analysis of the development of post-war capitalism is to be welcomed. Brenner's systematic review of a mass of data on the development of the US, German and Japanese economies finally, and incontrovertibly, destroys the 'profit squeeze' explanation for the tendencies to stagnation and crisis which have afflicted global capitalism over the past thirty years. This once fashionable theory explained the cri~is tendencies of capitalism in terms of the ability of workers to restrict profitability through their demands for higher wages and their resistance to the intensification of labour. It is manifestly the case that the struggles of workers over the past thirty years have been predominantly defensive struggles, attempting, at best, to limit the erosion of relative gains of previous years in the spheres of wages, job control and welfare provision. The resistance of workers to a further intensification of their exploitation may have presented a barrier to the resolution of the crisis on the basis of capital, but it is certainly not the struggle of workers that has provoked http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Historical Materialism Brill

Capitalist Competition and the Tendency to Overproduction: Comments on Brenner's ‘Uneven Development and the Long Downturn’

Historical Materialism, Volume 4 (1): 57 – Jan 1, 1999

Loading next page...
 
/lp/brill/capitalist-competition-and-the-tendency-to-overproduction-comments-on-VO7SIOCc1i
Publisher
Brill
Copyright
© 1999 Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1465-4466
eISSN
1569-206X
D.O.I.
10.1163/156920699100414409
Publisher site
See Article on Publisher Site

Abstract

Clarke/Capitalist Competition and Overproduction Capitalist Competition and the Tendency to Overproduction: Comments on Brenner's 'Uneven Development and the Long Downturn' Simon Clarke The publication of Bob Brenner's long-awaited analysis of the development of post-war capitalism is to be welcomed. Brenner's systematic review of a mass of data on the development of the US, German and Japanese economies finally, and incontrovertibly, destroys the 'profit squeeze' explanation for the tendencies to stagnation and crisis which have afflicted global capitalism over the past thirty years. This once fashionable theory explained the cri~is tendencies of capitalism in terms of the ability of workers to restrict profitability through their demands for higher wages and their resistance to the intensification of labour. It is manifestly the case that the struggles of workers over the past thirty years have been predominantly defensive struggles, attempting, at best, to limit the erosion of relative gains of previous years in the spheres of wages, job control and welfare provision. The resistance of workers to a further intensification of their exploitation may have presented a barrier to the resolution of the crisis on the basis of capital, but it is certainly not the struggle of workers that has provoked

Journal

Historical MaterialismBrill

Published: Jan 1, 1999

There are no references for this article.

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off