Can the capitalist crisis be explained by financial instability? How much can the crisis be explained because of the actions of banks and their “instruments” such as derivatives and buy-back options? Or can the capitalist crisis be explained by a decline in production? This is a very well-written paper which is easy to understand. It is also well-organized with subheadings, so you can pick and choose which sections to read.
Read The Next Recession by Michael Roberts
