DOCUMENTO: The First Great Depression of the XXI Century

 

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Autor: Shaikh, Anwar
Médium: artículo original
Stav:Versión publicada
Datum vydání:2013
Popis:This paper states the thesis that the first economical great depression of XXI century, was triggered by the financial crisis and global recession that began in 2007. According to its claim, this is a long-term crisis. The problem is analyzed considering the trends in the rate of profit, rate of interest, wage payments, hourly labor productivity and the process of family indebtedness. All of these aspects lead to determine the several and most outstanding traits of the depression, and its contradictory, unstable and unsustainable condition. Later on, the paper focuses its attention on the fact that the policies that are trying to solve the crisis, are at the same time, damaging life conditions of working classes, especially in Europe.
Země:Portal de Revistas UNED
Instituce:Universidad Estatal a Distancia
Repositorio:Portal de Revistas UNED
Jazyk:Español
OAI Identifier:oai:revistas.investiga.uned.ac.cr:article/304
On-line přístup:https://revistas.uned.ac.cr/index.php/rupturas/article/view/304
Klíčové slovo:Capitalist crisis
economical depression
Marxism
post-Keynesianism
rate of profit
rate of interest
debt
recession
financial crisis
mortgage crisis
Crisis financiera
productividad
seguridad financiera
clase trabajadora