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The Failure of Capitalist Production : Underlying Causes of the Great Recession - Andrew Kliman

The Failure of Capitalist Production

Underlying Causes of the Great Recession

Paperback Published: 1st November 2011
ISBN: 9780745332390
Number Of Pages: 256

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Leading writer Boris Kagarlitsky offers an ambitious account of 1000 years of Russian history.

Industry Reviews

'Essential reading for all Marxists and lefts interested in what caused the Great Recession. It debunks the fads and fashionable arguments of neoliberalism, underconsumption and inequality with a battery of facts. It restores Marx's law of profitability to the centre of any explanation of capitalist crisis with compelling evidence and searching analysis. It must be read' -- Michael Roberts
'One of the very best of the rapidly growing series of works seeking to explain our economic crisis. ... The scholarship is exemplary and the writing is crystal clear' -- Professor Bertell Ollman, Department of Politics, NYU, author of Dance of the Dialectic
'Among the myriad publications on the present day crisis, this work stands out as something unusual. Kliman is an excellent theorist, and an equally excellent analyst of empirical data' -- Paresh Chattopadhyay, Universite du Quebec a Montreal
'Clear, rigorous and combative. Kliman demonstrates that the current economic crisis is a consequence of the fundamental dynamic of capitalism, unlike the vast bulk of superficial contemporary commentary that passes for economic analysis' -- Rick Kuhn, Deutscher Prize winner, Reader in Politics at the Australian National University and long-time activist.

List of Tablesp. viii
List of Figuresp. ix
List of Abbreviationsp. xi
Acknowledgmentsp. xii
Introductionp. 1
Profitability, the Credit System, and the "Destruction of Capital"p. 13
Double, Double, Toil and Trouble: Dot-com Boom and Home-price Bubblep. 28
The 1970s-Not the 1980s-as Turning Pointp. 48
Falling Rates of Profit and Accumulationp. 74
The Current-cost "Rate of Profit"p. 102
Why the Rate of Profit Fellp. 123
The Underconsumptionist Alternativep. 151
What is to be Undone?p. 181
Notesp. 208
Bibliographyp. 227
Indexp. 234
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780745332390
ISBN-10: 0745332390
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 256
Published: 1st November 2011
Publisher: Pluto Press
Country of Publication: GB
Dimensions (cm): 20.96 x 13.34  x 1.91
Weight (kg): 0.32
Edition Number: 1

Earn 109 Qantas Points
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