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The book explores the 2008 financial crisis, likening it to the Great Depression and highlighting its unexpected nature, even for experts. It critiques mainstream economics for failing to foresee the collapse and emphasizes the necessity of state intervention. Drawing on Karl Marx's theories, it argues that the crisis stems from the inherent fetishism of commodities within capitalism. The narrative connects Marx's analysis of commodities to the contemporary capitalist crisis, offering a compelling examination of economic theory and historical events.
Buchkauf
Capital, Exploitation and Economic Crisis, John Weeks
- Sprache
- Erscheinungsdatum
- 2011
- product-detail.submit-box.info.binding
- (Hardcover)
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- Titel
- Capital, Exploitation and Economic Crisis
- Sprache
- Englisch
- Autor*innen
- John Weeks
- Verlag
- Taylor & Francis
- Erscheinungsdatum
- 2011
- Einband
- Hardcover
- Seitenzahl
- 208
- ISBN13
- 9780415610551
- Kategorie
- Wirtschaft, Politikwissenschaft
- Beschreibung
- The book explores the 2008 financial crisis, likening it to the Great Depression and highlighting its unexpected nature, even for experts. It critiques mainstream economics for failing to foresee the collapse and emphasizes the necessity of state intervention. Drawing on Karl Marx's theories, it argues that the crisis stems from the inherent fetishism of commodities within capitalism. The narrative connects Marx's analysis of commodities to the contemporary capitalist crisis, offering a compelling examination of economic theory and historical events.