The Great Recession

Viac o knihe

Focusing on the economic analysis rooted in Marxist theory, the book explores the causes of the Great Recession of 2008-9, which marked a significant downturn since the Great Depression. Michael Roberts, who predicted the recession before it occurred, delves into the dynamics of a capitalist economy to explain the factors that led to this crisis. Additionally, he offers insights on the potential for future economic downturns, making it a critical read for those interested in economic theory and history.