The Long Depression

Name: The Long Depression
Brand: Hachette Aotearoa New Zealand
SKU: 9781608464685
Price: 39.99 NZD
Availability: InStock

By Michael Roberts

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4.23

( 94 ratings, 27 reviews)

Summary

The Long Depression by Michael Roberts examines the economic period following the 2008 financial crash. It delves into the ongoing global slump, exploring its causes and consequences while analysing various economic theories and data to provide insight into persistent economic stagnation. Aiming to make complex economic concepts accessible, the book offers a critical perspective on the state of modern capitalism without delving into specific plotlines or characters.
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Format: Paperback / softback

$39⁹⁹

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The Long Depression

$39⁹⁹

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're interested in gaining a detailed understanding of economic theory and history, particularly regarding financial crises and economic cycles. It offers a thought-provoking analysis of global economic trends influenced by the underlying causes of economic depressions, making it an intriguing read for those captivated by the complexities of the world economy.

A 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

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

Collections

Education & Reference Finance & Investment Michael Roberts Non-Fiction

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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