About this title: In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many--including economists and financial experts--were shocked by the speed at which events unfolded. In this new book, ...
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Binding: Paperback
Publisher: Monthly Review Press
Date Published: 2009
ISBN-13:9781583671849ISBN:1583671846
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Binding: Softcover
Publisher: Monthly Review Pr
Date Published: 2009-01-10
ISBN-13:9781583671849ISBN:1583671846
Description: NEW. Softcover. From an inventory that is 100% brand-new, 100% direct from the publishers' distribution channel. We carry NO pre-owned, NO remaindered. We pack in CARDBOARD to ensure the pristine quality is maintained. (Bubble-wrap alone is NOT sufficient to protect from USPS equipment. ) Guaranteed brand-NEW, protected with CARDBOARD, your satisfaction is guaranteed. BKLUVID: 9781583671849. read more
Binding: Paperback
Publisher: Monthly Review Press
Date Published: 2009
ISBN-13:9781583671849ISBN:1583671846
Description: New. Brand New! Buy with confidence-your satisfaction is guaranteed at B-Logistics! Due to the large scale of our operation, we do not have access to the specific contents/condition of our items. Please note that Expedited shipping is not available at this time. read more
"A selection of lead articles since May 2006 through 2008 from The Monthly Review (a socialist political economic journal) that predicted the current economic crisis and provides the best available coherent and concise explanation of its causes (in 132 pages). This book and succeeding articles in the journal are the best antidote to the confusion that results from reading Paul Krugman's "The Return of Depression Economics." (See my review under that title.) This periodical began 60 years ago with an article by Albert Einstein entitled "Why Socialism?" That article is available on The Monthly Review website at www.monthlyreview.org."
"I'd read most of this in Monthly Review over the years. It's fun to see the "power of prediction" of Marxist science (in its Baran/Sweezy variety) on display with the earlier articles that were written before the housing bubble burst and the worldwide crisis began. (Of course the state of the world itself is not very fun.)
I would give the book five stars for those who have not read MR analysis before. It is short and not difficult to understand."
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