[PDF.77lw] The Failure of Capitalist Production: Underlying Causes of the Great Recession

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

[PDF.ck23] The Failure of Capitalist Production: Underlying Causes of the Great Recession

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 | #1562725 in eBooks |  2011-11-20 |  2015-07-20 | File type: PDF

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||1 of 2 people found the following review helpful.| Excellent book.|By King of Lightning|With "The Failure of Capitalist Production", Andrew Kliman debunks the myth that "underconsumption" caused the Great Recession, and shows that the crisis was in fact over thirty years in the making due to the tendency of profits to fall. Definitely recommended for socialists!|0 of 2 people found the following review helpful.| |One of the very best of the rapidly growing series of works seeking to explain our economic crisis. ... The scholarship is exemplary and the writing is crystal clear. Highly recommended! -- Professor Bertell Ollman, Department of Politics, NYU, author of Dance

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&r...

You can specify the type of files you want, for your gadget.The Failure of Capitalist Production: Underlying Causes of the Great Recession   |  Andrew Kliman. I really enjoyed this book and have already told so many people about it!

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