Responding to neoliberalism in crisis : discipline and empowerment in the world banks new development agenda / Marcus Taylor -- American imperialism and new forms of disciplining the non-integrating gap / Susanne Soederberg -- The logic of neoliberal finance and global financial fragility : towards another great depression? / Anastasia Nesvetailova -- Disciplining labour, producing poverty : neoliberal structural reforms and political conflict in Argentina / Viviana Patroni -- Global high culture in the era of neo-liberalism : the case of documenta11 / Karyn Ball -- Marx and the theory of the monetary circuit / Andrew B. Trigg -- Hilferdings theory of banking in the light of steuart and smith / Costas Lapavitsas -- Economic crisis and socialist revolution : Henryk Grossmans law of accumulation / Rick Kuhn -- Spurious value-price correlations : some additional evidence and arguments / Andrew J. Kliman -- The coherence of luxemburgs theories and life / Estrella Trincado Aznar -- like a candle burning at both ends : Rosa Luxemburg and the critique of political economy / Riccardo Bellofiore.

This volume of Research in Political Economy sets out to explore three key themes pertinent to the critique of political economy: (1) the disciplinary role of capital under neoliberalism, (2) accumulation and finance, and (3) the life and theories of Rosa Luxemburg. While the sections focus on different aspects of political economy, taken as a whole, they complement each other in striking a balance between concrete and abstract Marxist analyses. The essays in the first section critically examines the more concrete aspects of political economy, such as the changing role of the World Bank vis-a-vis the Third World, the Millennium Challenge Account - a newly forged 'official development compact' put forward by the Bush II administration, the disciplinary strategies tied to labour restructuring in Argentina, the political economy of financial fragility on a global scale, and a cultural critique of the Documenta11. The essays in the second section explore analytically dimensions of Marx's theory of the monetary circuit, Rudolf Hilferding's banking theory, Henryk Grossman's Law of Accumulation, and the evidence surrounding supposed value-price correlations. The articles in the third section of the volume are devoted to the person and theoretical contribution of Rosa Luxemburg, the famous Polish-German theoretician and revolutionary leader.

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