| Edition |
New updated ed., [2nd ed.] |
| Description |
xxv, 262 p. ; 23 cm. |
| Bibliography |
Includes bibliographical references and index.. |
| Contents |
Part I: Roots of a system's crisis -- Part II: Economics of the crisis. Capitalism as a crisis-prone system -- The role of economic theory -- Markets and efficiency -- Wages, productivity, and exploitation -- Housing and debt -- Government intervention in the economy -- International dimensions of the crisis -- Part III: Politics of the crisis. Reforms and regulations as crisis solutions -- Debates over "socialist" solutions -- Anti-capitalist politics. |
| Summary |
"In this updated edition Professor Wolff offers a rich and much needed corrective to the views of mainstreameconomists and pundits. He explains why capitalism's global crisis persists, why bank bailouts and austerity policies fail, and why deepening economic inequality now generates historic social tensions and conflicts and worsens the ongoing crisis."-- Back cover. |
| Subject |
Financial crises -- United States -- History -- 21st century.
|
|
Capitalism -- United States -- History -- 21st century.
|
|
United States -- Economic policy -- 2001-2009.
|
| ISBN |
9781566569361 (pbk.) |
|
1566569362 (pbk.) |
|
