The Long Depression
Marxism and the Global Crisis of Capitalism
Business & Finance, Economics, Macroeconomics, Theory of Economics, Economic History
| Author: | Michael Roberts | ISBN: | 9781608465071 |
| Publisher: | Haymarket Books | Publication: | September 1, 2016 |
| Imprint: | Haymarket Books | Language: | English |
| Author: | Michael Roberts |
| ISBN: | 9781608465071 |
| Publisher: | Haymarket Books |
| Publication: | September 1, 2016 |
| Imprint: | Haymarket Books |
| Language: | English |
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.
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.
