The Economic Logic of Late Capitalism and the Inevitable Triumph of Socialism (1st ed. 2020)
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- Synopsis
- 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.
- Copyright:
- 2020
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9783030526672
- Related ISBNs:
- 9783030526665
- Publisher:
- Springer International Publishing
- Date of Addition:
- 10/14/20
- Copyrighted By:
- Springer
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance, Philosophy, Politics and Government
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
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