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Paperback The Failure of Capitalist Production: Underlying Causes of the Great Recession Book
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ISBN: 0745332390

ISBN13: 9780745332390

The Failure of Capitalist Production: Underlying Causes of the Great Recession

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Format: Paperback

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Book Overview

The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's...

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Business Business & Investing Political Science Politics & Social Sciences

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