Money, housing and world market: the dialectic of globalised production
用马克思主义框架解释美国住房、金融和经济危机的国内与全球维度，认为大衰退的根源在于金融化的美国核心与商品生产外围的共生关系。
This article offers an interpretation of the domestic and global dimensions of the US housing, financial and economic crisis in a Marxian framework. My key argument is that the origins of the Great Recession can be fully understood only within an analysis of the system of globalised production and the corresponding division of labour manifest in the symbiotic relationship between the financialised US-centred core and the commodity-producing periphery. The imbalance between production and finance in the US economy mirrors the global imbalance between the ability to produce and the capacity to consume. Copyright The Author 2011. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.