Global Capitalism in Crisis : Karl Marx and the Decay of the Profit System Paperback / softback
Providing a Marxian analysis of the origins, implications, and scope of the current economic downturn, this critique of global capitalism argues that the ongoing crisis is not merely a result of overproduction and problems with credit and finance, but rather a deep-seated systemic failure of capitalism itself.
The discussion clearly roots the present economic slump in the history of capitalism and contends that, in order to find a more permanent solution, the crisis needs to be understood structurally, as the result of a failed theory, rather than as an aberration.
- Format: Paperback / softback
- Pages: 172 pages
- Publisher: Fernwood Publishing Co Ltd
- Publication Date: 01/08/2010
- Category: International economics
- ISBN: 9781552663530