Author Archives: capitalistcrisis

Appendix

Measuring the rate of profit by Michael Roberts Marx’s law of profitability suggests a cyclical and a secular process combined.  The causes of both the cyclical and secular movements in profitability are broadly two-fold.  The first is driven by the … Continue reading

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Review by Michael Roberts

http://thenextrecession.wordpress.com/2012/08/20/capitalist-crisis-theory-and-practice/ I got a few complaints on my comments page for reporting on Sylvia’s Nasar’s book on great economists (see my post, A Grand Pursuit, 13 August 2012). Some readers reckoned that I was wasting my time discussing Nasar’s rather … Continue reading

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Happy New Year? Not likely

An update to Capitalist crisis – theory and practice by Mick Brooks The crisis of capitalism and the Euro in 2013 The gloomy prognosis for the world economy outlined in the book (Capitalist crisis – theory and practice) has been … Continue reading

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Review by Andrew Fisher

A Marxist analysis of the crisis Andrew Fisher, Left Economic Advisory Panel co-ordinator, reviewed Mick Brooks’ new book Capitalist Crisis: Theory and Practice in theOctober 2012 issue of Labour Briefing, the voice of the Labour Representation Committee, representing the left … Continue reading

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The book is out now! How to buy a copy of Capitalist Crisis

If you live outside the UK, go to: http://capitalistcrisis.org/how-to-buy/ If you live in the UK, the book is 268 pages in paperback and costs £9.50 + £1.50 postage. Copies are available from the author for £11 including postage. You can … Continue reading

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Review by David Brandon

Here is the first review from David Brandon: David Brandon is a longstanding labour movement activist living in Peterborough. He is the author of many books including a forthcoming biography of Margaret Thatcher and the horrors of Thatcherism. “Mick Brooks … Continue reading

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Afterword

Afterword: Fighting back The crisis threatens to impose huge burdens upon the working class. It is inevitable that there will be a fight back. To be effective the labour movement needs a correct analysis of the situation it faces and, … Continue reading

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Part 7

Part 7: Economic perspectives Over the course of the narrative we have identified two distinct periods since the Second World War. The first was the golden age of the post-War boom which came to an end with the recession of … Continue reading

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Part 6

Part 6: What can the state do about the crisis? Now we have reviewed the Marxist theory of crisis and compared it against the reality of the Great Recession, we need to look at how the crisis impacts on the … Continue reading

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Part 5

Part 5: Marxism and the Great Recession Once Marx has explained how the movement in the rate of profit is the mainspring of economic crisis (Chapter 3.7), he can introduce the ancillary factors that play their role in preparing for … Continue reading

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