World In Crisis
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abolish debt
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B01=Guglielmo Carchedi
B01=Michael Roberts
capitalism debt
Category1=Non-Fiction
Category=JPFC
COP=United States
debt cancellation
debt capitalism
debt crisis
debt global south
debt repudiation
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empire debt
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global capitalism
history of debt
illegitimate debt
imperialism debt
Language_English
Marxian economics
Marxist economics
odious debt
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post-colonial debt
post-colonial world
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sovereign debt
Product details
- ISBN 9781608461813
- Dimensions: 152 x 230mm
- Publication Date: 01 Oct 2018
- Publisher: Haymarket Books
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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Most mainstream economists view capitalism's periodic breakdowns are nothing more than temporary aberrations from another wise unbroken path toward prosperity. For Marxists, this fundamental flaw has long been acknowledged as a central feature of the free market system. This groundbreaking volume brings together Marxist scholars from around the world to offer an empirically grounded defence of Marx's law of profitability and its central role in explaining these capitalist crises.
Gugliemo Carchedi, doctorate (1965) in Economics, University of Turin, Italy, has worked at the United Nations in New York and has taught at the University of Amsterdam. He is the author of numerous articles and books in several fields of Marxist analysis and research.
Michael Roberts has worked as an economist for over thirty years in the City of London financial center. He is author of The Great Recession: A Marxist View (2009), and The Long Depression (2016).
