Economic logic of late capitalism and the inevitable triumph of socialism, the

Auteur : Glynn, Simon
Éditeur : Springer Nature Switzerland AG
ISBN : 9783030526665
Date de publication : 12 sept. 2020
Dimensions : 21,0 x 14,8 cm
Langue : Anglais
Pays d'origine : Suisse

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.

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