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作者 Kliman, Andrew, 1955-
書名 The failure of capitalist production : underlying causes of the Great Recession / Andrew Kliman
出版項 London : Pluto Press ; New York : Distributed by Palgrave Macmillan, 2012
國際標準書號 9780745332406 (hbk.)
9780745332390 (pbk.)
0745332404 (hbk.)
0745332390 (pbk.)
book jacket
館藏地 索書號 處理狀態 OPAC 訊息 條碼
 民族所圖書館  HB3743 .K55 2012    在架上    30520020752581
 人文社會聯圖  HB3743 .K55 2012    在架上    30610020374088
說明 xiii, 240 p. : ill. ; 23 cm
附註 "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."--Publisher's website
Includes bibliographical references (p. 227-233) and index
Introduction -- Profitability, the credit system, and the "destruction of capital" -- Double, double, toil and trouble: dot-com boom and home-price bubble -- the 1970s-not the 1980-as turning point -- Falling rates of profit and accumulation -- The current-cost "rate of profit" -- Why the rate of profit fell -- The underconsumptionist alternative -- What is to be undone?
主題 Business cycles -- United States -- History
Financial crises -- United States -- History -- 21st century
Recessions -- United States -- History -- 21st century
Rate of return -- United States -- History
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