Long Depression: Marxism and the Global Crisis of Capitalism, The

Long Depression: Marxism and the Global Crisis of Capitalism, The

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By Michael Roberts. 

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.

2016    380 pages    (Haymarket Books)

ISBN-13: 9781608464685    ISBN-10: 1608464687    OCLC: 890180095