The Failure of Capitalist Production: Underlying Causes of the Great Recession [Audiobook] download free by Andrew Kliman
- Listen audiobook: The Failure of Capitalist Production: Underlying Causes of the Great Recession
- Author: Andrew Kliman
- Release date: 2011/5/24
- Publisher: PLUTO PRESS
- Language: English
- Genre or Collection: Business, Finance and Law
- ISBN: 9780745332390
- Rating: 7.9 of 10
- Votes: 157
- Review by: Bruce Puckett
- Review rating: 8.17 of 10
- Review Date: 2018/11/15
- Duration: 3H15M56S in 256 kbps (51.2 MB)
- Date of creation of the audiobook: 2018-07-17
- You can listen to this audiobook in formats: MPEG4, MP3, WMA, FLAC, AC3, TTA, WAV (compression TAR.BZ2, RAR, ZIP, LHA)
- Total pages original book: 256
- Includes a PDF summary of 24 pages
- Duration of the summary (audio): 19M11S (4.8 MB)
- Description or summary of the audiobook: The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events.Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt - and ultimately to the Great Recession.Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s.
- Other categories, genre or collection: Political Science & Theory, Financial Crises & Disasters, Political Economy, Economic Theory & Philosophy, Economic Systems & Structures, Marxism & Communism
- Download servers: Dropbox, BitShare, Hotfile, vBoxxCloud, Microsoft OneDrive. Compressed in TAR.BZ2, RAR, ZIP, LHA
- Format: Paperback
- Approximate value: 29.66 USD
- Dimensions: 135x215x17.78mm
- Weight: 317.51g
- Printed by: Not Available
- Published in: London, United Kingdom
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