The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism
Beginning with the economic meltdown of 2007/8, this book shows that the predatory mortgage lending and overleveraging—which is to say, the overextension of credit—which precipitated The Great Recession was a response to a crisis of overproduction reflective of an unavoidable contradiction at the heart of competitive capitalism. This contradiction, in addition to portending capitalism’s inevitable ultimate demise, invites both a pragmatic and moral comparison of (US) capitalism with (Chinese) socialism. Simon V. Glynn provides a critique of political economy and an analysis of the economic logic of capitalism, pointing to the inevitable triumph of socialism.
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The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism
Beginning with the economic meltdown of 2007/8, this book shows that the predatory mortgage lending and overleveraging—which is to say, the overextension of credit—which precipitated The Great Recession was a response to a crisis of overproduction reflective of an unavoidable contradiction at the heart of competitive capitalism. This contradiction, in addition to portending capitalism’s inevitable ultimate demise, invites both a pragmatic and moral comparison of (US) capitalism with (Chinese) socialism. Simon V. Glynn provides a critique of political economy and an analysis of the economic logic of capitalism, pointing to the inevitable triumph of socialism.
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The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism
149The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism
149Hardcover(1st ed. 2020)
$54.99
54.99
In Stock
Product Details
ISBN-13: | 9783030526665 |
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Publisher: | Springer International Publishing |
Publication date: | 09/11/2020 |
Edition description: | 1st ed. 2020 |
Pages: | 149 |
Product dimensions: | 5.83(w) x 8.27(h) x 0.00(d) |
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