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Leo Panitch, ‘Whose Crisis? Capital, Labour and the State Today’

by Adam David Morton on January 21, 2015

The annual E.L. ‘Ted’ Wheelwright Memorial Lecture is held to commemorate the pioneering role that Ted Wheelwright (pictured in set image) played in developing studies in Political Economy in Australia at the University of Sydney. Previous Wheelwright Lectures have been given by Walden Bello (2008), Jim Stanford (2009), Fred Block (2010), Sheila Dow (2011), Diane Elson (2012), and Susan George (2013).

Poster Panitch -lowresIn 2014 the 7th Annual Wheelwright Lecture was given by Leo Panitch on ‘Whose Crisis? Capital, Labour and the State Today’. A version of Leo’s lecture has recently been published in the Journal of Australian Political Economy and is now available HERE in Issue No. 74 (2014) and a video podcast is also available HERE.

Of course, most recently Leo Panitch has co-authored with Sam Gindin The Making of Global Capitalism that has rightly been heralded as a groundbreaking assessment of American empire in shaping global capitalism. In their now classic phrase, Panitch and Gindin trace how the American state came to superintend capitalism on a worldwide scale in order to deliver a truly accessible and popular account of the political economy of the American state as the ultimate guarantor of capitalist interests globally throughout the twentieth century. In 2013, The Making of Global Capitalism was awarded the Deutscher Memorial Prize. Since then, Sam Gindin has provided analysis of ‘Unmaking Global Capitalism’ in Jacobin Magazine and here, in the 2014 Wheelwright Lecture, Leo Panitch launches into an up-to-date assessment of the crisis of global capitalism and its implications for labour and the state.

Adam David Morton
Adam David Morton is Professor of Political Economy in the Department of Political Economy at the University of Sydney. He is author of Unravelling Gramsci: Hegemony and Passive Revolution in the Global Political Economy (2007); Revolution and State in Modern Mexico: The Political Economy of Uneven Development (2011), recipient of the 2012 Book Prize of the British International Studies Association (BISA) International Political Economy Group (IPEG); and co-author of Global Capitalism, Global War, Global Crisis (2018) with Andreas Bieler. He co-edits Progress in Political Economy (PPE) with Gareth Bryant that was the recipient of the 2017 International Studies Association (ISA) Online Media Caucus Award for the Best Blog (Group) and the 2018 International Studies Association (ISA) Online Media Caucus Award for Special Achievement in International Studies Online Media.

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