In And Out Of Crisis: The Global Financial Meltdown and Left Alternatives

(Paperback)

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Our world is in the grips of the most calamitous economic crisis since the Great Depression - and its epicentre is the imperial United States. In this groundbreaking analysis of the meltdown, renowned radical political economists Albo, Gindin and Panitch lay bare the roots of the crisis, which they locate in the dynamic expansion of capital on a global scale over the 25 years - and in the inner logic of capitalism itself. This groundbreaking work stands to be the enduring critique of the crisis and an indispensable springboard for a renewed Left.

Reviews

"Once again, Panitch, Gindin, and Albo show that they have few rivals and no betters in analyzing the relations between politics and economics, between globalization and American power, between theory and quotidian reality, and between crisis and political possibility. At once sobering and inspiring, this is one of the few pieces of writing that I've seen that's essential to understanding - to paraphrase a term from accounting--the sources and uses of crisis. Splendid and essential."
--Doug Henwood, Left Business Observer, author of After the New Economy and Wall Street

"Mired in political despair Planning your escape to a more humane continent Baffled by the economy Convinced that the Left is out of ideas Pull yourself together and read this book, in which Albo, Gindin, and Panitch, some of the world's sharpest living political economists, explain the current financial crisis--and how we might begin to make a better world."
--Liza Featherstone, author of Students Against Sweatshops and Selling Women Short: The Landmark Battle for Workers' Rights at Wal-Mart

"In and Out of Crisis is a salutary reminder that knee-jerk reactions to current events are not the best way forward for the Left. What we need is careful investigation combined with practical experiences on campaigns to develop our movement. This book not only gives us a course in the global financial meltdown, but it also provides a model for how the Left must develop its alternatives, not ex nihilo, but from a study of the contradictions of the present."
--Vijay Prashad, author of The Darker Nations: A People's History of the Third World

Author Bio

Greg Albo and Leo Panitch are coeditors of the Socialist Register and professors of political economy at York University in Toronto. Sam Gindin is the former research director of the Canadian Autoworkers Unions and a professor of political economy at York University. They live in Toronto.