Marx on economics: A theory of economic crisis

10:00am Saturday 1 September

Featured Speaker

About this session

Marx’s writings on economics identify a number of contradictions of capitalism which lead to recurring economic crises. The most important of these are the tendency for the rate of profit to fall, and the cyclical dynamics of overproduction and the boom-bust cycle. This talk will explore how we can integrate these insights in order to explain events such as the 2008 Global Financial Crisis, and raise a number of political implications of Marx’s analysis.

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