crisis theory

“Third Persons” and Reproduction: A Note to R. Luxemburg’s Critique of Marx’s Reproduction Schemes

“Third Persons” and Reproduction: A Note to R. Luxemburg’s Critique of Marx’s Reproduction Schemes George Economakis and John Miliosi Abstract The aim of the present paper is to critically present Rosa Luxemburg’s critique to Marx’s reproduction schemes of a pure […]

“Third Persons” and Reproduction: A Note to R. Luxemburg’s Critique of Marx’s Reproduction Schemes

Crisis Theory: The Decline of Capitalism As The Growth of Expensive and Fragile Complexity

It’s an empirical fact that the economy experiences business cycles, in other words, oscillations between booms and busts.  Furthermore, many argue that the economy is experiencing a secular decline. For example, productivity across all industries has decreased since the 1970s.

Crisis Theory: The Decline of Capitalism As The Growth of Expensive and Fragile Complexity

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