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The Failure of Capitalist Production : Underlying Causes of the Great Recession.
Annotation.
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
London : Gordonsville :
Pluto Press, Macmillan [distributor]
Nov. 2011 ;
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Kliman, Andrew. | |
| 245 | 1 | 4 | |a The Failure of Capitalist Production : |b Underlying Causes of the Great Recession. |
| 260 | |a London : |b Pluto Press, |c Nov. 2011 ; |a Gordonsville : |b Macmillan [distributor] | ||
| 300 | |a 1 online resource (256 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 520 | 8 | |a Annotation. |b 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 Marxs crisis theory can explain these events.*BR**BR*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 Klimans careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt and ultimately to the Great Recession.*BR**BR*Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the new normal of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s. | |
| 521 | |a Scholarly & Professional |b Pluto Press. | ||
| 505 | 0 | |a Intro; Title page; Copyright page; Dedication page; Contents; List of Tables; List of Figures; List of Abbreviations; Acknowledgments; 1 Introduction; 2 Profitability, the Credit System, and the "Destruction of Capital"; 3 Double, Double, Toil and Trouble: Dot-com Boom and Home-price Bubble; 4 The 1970s-Not the 1980s-as Turning Point; 5 Falling Rates of Profit and Accumulation; 6 The Current-cost "Rate of Profit"; 7 Why the Rate of Profit Fell; 8 The Underconsumptionist Alternative; 9 What is to be Undone?; Notes; Bibliography; Index. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Business cycles |z United States |x History. | |
| 650 | 0 | |a Financial crises |z United States |x History |y 21st century. | |
| 650 | 0 | |a Recessions |z United States |x History |y 21st century. | |
| 650 | 0 | |a Rate of return |z United States |x History. | |
| 650 | 6 | |a Cycles économiques |z États-Unis |x Histoire. | |
| 650 | 6 | |a Récessions |z États-Unis |x Histoire |y 21e siècle. | |
| 650 | 6 | |a Taux de rendement |z États-Unis |x Histoire. | |
| 650 | 7 | |a Political Science |x Public Policy |x Economic Policy. |2 bisacsh | |
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| 650 | 7 | |a Financial crises |2 fast | |
| 650 | 7 | |a Rate of return |2 fast | |
| 650 | 7 | |a Recessions |2 fast | |
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| 758 | |i has work: |a Failure of capitalist production (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGdmXgMrQCBDhYTdB79kpd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
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