Irreversible Crisis

By Harry Magdoff | Publisher: Monthly Review Press

About the book

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.

Editions of Irreversible Crisis

Paperback
ISBN 9780853457763

Read an Excerpt

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.

Frequently Asked Questions

What is Irreversible Crisis about?

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.

What core themes, tropes, or subjects are explored in Irreversible Crisis?

Economics, Finance, Business and Management > Economics > Economic theory and philosophy

Where can I read a sample of Irreversible Crisis?

You can read an official preview of the few pages here https://www.book2look.com/book/9780853457763

How long is Irreversible Crisis and how many pages does it have?

Irreversible Crisis has 78 page(s)

Who is/are the Author/s of the book Irreversible Crisis?

Harry Magdoff

Who is the Publisher of the book Irreversible Crisis?

Monthly Review Press

What are the ISBN numbers for the physical and digital editions?

Irreversible Crisis is available as paperback(ISBN 9780853457763)

Where can I buy Irreversible Crisis online or support local independent bookshops?

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Where can I buy Irreversible Crisis?