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The Long Depression: Marxism and the Global Crisis of Capitalism

Michael Roberts




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 | #736938 in eBooks |  2016-09-01 |  2016-09-01 | File type: PDF

||6 of 6 people found the following review helpful.| Capitalism's built-in problems|By P. Webster|In this excellent book, Michael Roberts very convincingly applies Marxist economic theory to the concrete realities of the world capitalist economy.

In particular, he shows the central importance of Marx’s “law of the tendency of the rate of profit to fall” in explaining the recurring crises of the capita| |
"This book is a tour de force analysis of the current global economic crisis and the preconditions and prospects for recovery in the years ahead. Based largely on empirical data and Marx’s theory of the falling rate of profit, Roberts argues that th

Setting out from an unapologetic Marxist perspective, The Long Depression argues that the global economy remains in the throes of a depression. Making the case that the profitability of capital is too low, and the debt built up before the Great Recession too high, leading radical economist Michael Roberts persuasively presents his case that this depression will persist until the profitability of capital is restored through yet another slump.


You easily download any file type for your device.The Long Depression: Marxism and the Global Crisis of Capitalism   |  Michael Roberts. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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