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The Long Depression: Marxism and the Global Crisis of Capitalism

by Michael Roberts - £14.99  Haymarket Books (2016)
paperback    ISBN 13: 9781608464685 | ISBN 10: 1608464687

A significant contribution to developing a Marxist analysis of the origins of the long depression.
 
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.

(Price & availability last checked: October 2016)

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In booklists: Austerity and The Economic Crisis, Marx & Marxism,
In categories: Politics & Philosophy, Society, Welfare, Justice & the State, Anti-Capitalism & Global Inequality,

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