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The Long Depression
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Check link for latest rating. ( 94 ratings, 27 reviews)
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Format: Paperback / softback
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The Long Depression
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See moreA significant new analysis of the current economic crisis by leading Marxist economist, Michael Roberts
$500marketing and publicity budget Features in International Socialist Review, Socialistworker.org
Book Hero Magic formatted this description to make it easier to read. While it's new and
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Description
The Long Depression looks at the current global economy from a Marxist perspective. London-based economist Michael Roberts argues that the global economy is in a depression, in which the profitability of capital is too low and debt built up before the Great Recession is too high.
Roberts concludes that this depression will only end when the profitability of capital is restored—an outcome he suggests will require yet another slump.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
The Long Depression by Michael Roberts is praised for its incisive Marxist analysis of global economic crises, notably arguing that falling profitability rates and rising debt have led to a prolonged depression. Critics highlight Roberts's clear presentation of empirical data and his argument that genuine recovery requires significant economic restructuring. Reviews commend the book’s accessibility to non-specialists and its persuasive critique of existing economic explanations, suggesting it is essential reading for understanding current economic conditions and potential solutions.
Book Details
INFORMATION
ISBN: 9781608464685
Publisher: Haymarket Books
Format: Paperback / softback
Date Published: 19 July 2016
Country: United States
Imprint: Haymarket Books
Audience: General / adult
DIMENSIONS
Width: 141.0mm
Height: 216.0mm
Weight: 250g
Pages: 380
About the Author
Michael Roberts has worked as an economist for over 30 years in the City of London financial centre. He is author of The Great Recession: a Marxist view, published in 2009.
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