DOCUMENTO: The First Great Depression of the XXI Century
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| Author: | |
|---|---|
| Format: | artículo original |
| Status: | Versión publicada |
| Publication Date: | 2013 |
| Description: | 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. |
| Country: | Portal de Revistas UNED |
| Institution: | Universidad Estatal a Distancia |
| Repositorio: | Portal de Revistas UNED |
| Language: | Español |
| OAI Identifier: | oai:revistas.investiga.uned.ac.cr:article/304 |
| Online Access: | https://revistas.uned.ac.cr/index.php/rupturas/article/view/304 |
| Keyword: | 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 |