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The Irreversible Crisis

Five Essays

ISBN-13: 9780853457763
Publisher: NEW YORK UNIVERSITY PRESS
Imprint: MONTHLY REVIEW PRESS
By Harry Magdoff, By Paul M. Sweezy
Price: AUD $32.99
Stock: 0 in stock
Availability: This book is temporarily out of stock, order will be despatched as soon as fresh stock is received.
Local release date: 02/03/1989
Format: Paperback (216.00mm X 140.00mm) 78 pages Weight: 111g
Categories: Economic theory & philosophy [KCA]

Description
Author Biography
Google Preview: This is the fifth in the important series of essays by the former editors of Monthly Review analyzing the ongoing crisis of global capitalism. Following the multiple interconnected stock market crashes of October 1987, the economies of the capitalist world entered a new and dangerous phase of the crisis that began in the 1970s with the end of the post-WWII boom. Sweezy and Magdoff argue that far from being a temporary setback, the events of late 1987 are rooted in the nature of the capital accumulation process itself and therefore unlikely to be reversed. Their argument is especially prescient when viewed in light of the financial meltdown of 2008.; Harry Magdoff has been a co-editor of Monthly Review since 1969 and is the author of The Age of Imperialism and Imperialism: From the Colonial Age to the Present.; Google Preview content