Marxist Crisis Theory: Is the Tendency of the Rate of Profit to Fall The Best Theory?

In this  30-minute presentation, Michael Roberts defends Marx’s argument that the tendency of the rate of profit to fall is key to understanding capitalist crisis. He explains that not only do bourgeois economics reject this, but other Marxists provide different explanations as advocated by Rosa Luxemburg, Paul Sweezy and David Harvey. As always, Roberts is clear and explains things simply.

Watch Michael Roberts

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