Explaining the Crisis: A Marxist Re-Appraisal

Chris Harman in this book does an excellent work. He analyses in a simple way the basic elements of the Marxist theory of capitalism in general and of the Marxist theory of capitalist crisis, and then applies them to the explanation of the economy of the 20th century. He explains on the basis of economical figures why Marxism is the best tool to explain the booms and the crises of the just passed century, and why Marxism continues to be the tool to explain and predict the course of today's crisis.