Irreversible Crisis: Five Essays by Sweezy and Magdoff (First Edition)

By: Paul M. Sweezy and Harry Magdoff

Price: $15.00

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Book Condition: Near Fine


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.

Title: Irreversible Crisis: Five Essays by Sweezy and Magdoff (First Edition)

Author Name: Paul M. Sweezy and Harry Magdoff

Categories: Business & Economics,

Edition: First Edition

Publisher: New York, Monthly Review Press: 1988

ISBN Number: 085345776X

ISBN Number 13: 9780853457763

Binding: Paperback

Book Condition: Near Fine

Type: Paperback

Seller ID: 031265

Description: In these 5 essays, the authors argue that the present financial crisis (in the United States) is rooted in the nature of the capital accumulation process and is therefore unlikely to be reversed. Both authors were prominent Marxist economists. Paperback. 76pp. No writing in the book. Full refund if not satisfied.

Keywords: Marxist Marxism,