The Economic Logic of Late Capitali - E-book

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The Economic Logic Of Late Capitalism And The Inevitable Triumph Of Socialism - ENG

Simon Glynn

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Sinopsis

ISBN:	9783030526672
Formato:	ePub
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Filosofía
Subtema:	Política
Año de publicación:	2020-09-11

Beginning with the economic meltdown of 2007/8, this book shows that the predatory mortgage lending and overleveragingâ€”which is to say, the overextension of creditâ€”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 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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