Andrew Kliman, author of the best-selling and highly-praised The Failure of Capitalist Production: Underlying Causes of the Great Recession, spoke at the New York radical bookstore Bluestockings on February 6th, providing an engaging and accessible account of how Marx’s theory of falling profit rates can help us to understand the causes and consequences of the global economic crisis.
Unfortunately we can’t embed directly into this post, but you can watch the video by following the link below:
Andrew will be discussing the book at Bookmarks in central London on Monday 5th March. Visit Bookmarks for more details and to reserve your place.
Underlying Causes of the Great Recession
Distinctive and detailed account of the current economic crisis, identifying it as a crisis of capitalism caused by long-term falling profit rates
“One of the very best of the rapidly growing series of works seeking to explain our economic crisis. … The scholarship is exemplary and the writing is crystal clear. Highly recommended! “ – Professor Bertell Ollman, New York University, author of Dance of the Dialectic
“Clear, rigorous and combative. Kliman demonstrates that the current economic crisis is a consequence of the fundamental dynamic of capitalism, unlike the vast bulk of superficial contemporary commentary that passes for economic analysis.” – Rick Kuhn, Deutscher Prize winner, Reader in Politics at the Australian National University