Roberts, Michael
Long Depression, The
- ISBN 13:
- 9781608464685
- author:
- Roberts, Michael
- format:
- Paperback
- publisher:
- Haymarket Books
- language:
- English
- Publication Year:
- 2016
- Pages:
- 380
- Dimensions:
- 13.7 x 2.8 x 21.3 cm
- Genre:
- Business, Finance & Law, Biographies & Histories, Business & Economic History,
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
The Long Depression: How it Happened, why it Happened, and what Happens Next by Michael Roberts. A radical economist presents a compelling case that the global economy is still in the throes of a depression. He argues that the profitability of capital is too low and the debt built up before the Great Recession too high, leading to a persistent economic downturn until the profitability of capital is restored through another slump. Roberts' unapologetic Marxist perspective provides a unique insight into the current state of the global economy. His analysis makes for thought-provoking reading for anyone interested in understanding the underlying causes of economic instability and the potential consequences for the future. This book offers a provocative and well-researched exploration of the long depression, making it an essential read for those seeking to understand the complexities of modern capitalism.