Author

Publication

2011 - Reaktion Books, London, England

Language

English

Word Count

31,500 words, Guess

Page Count

126 pages

Identifiers

and 1 more

Classifications

  • DDC338.542
  • LCCHB3717 2008 .M38 2011
  • LCCHB3722

Alternate Titles

  • Economic crisis and the failure of capitalism

Description

Explains the global economic downturn in relation to the development of the world economy since World War II, but also as a fundamental example of the cycle of crisis and recovery that has characterized capitalism since the early nineteenth century. Mattick argues that today's recession is not the result of a singular financial event but instead is a manifestation of long-term processes within the world economy. Arguing that the economic downturn can best be understood within the context of business cycles, which are unavoidable in a free-market economy, Mattick uses this explanation as a springboard for exploring the nature of our capitalist society and its prospects for the future. From publisher description.

Subjects

Other Editions

  • Business as usual: the economic crisis and the failure of capitalismReaktion Books2011-01-01

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