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Marx's Crises Theory: Scarcity, Labor, and Finance

By Michael Perelman

The historical past of capitalism has lengthy been considered a series of routine crises that seem in numerous varieties: crises in making use of humans, crises in acquiring assets, and fiscal crises. Marx's Crises thought: shortage, hard work, and Finance offers a framework for reading Marx's concept of crises. In end, the writer asserts that so long as the monetary constitution results in periodic breakdowns, Marx's writings at the topic will hold their significance as a resource of concept and research of the dynamics of political economy.

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