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The Great Financial Crisis: Causes and Consequences by John Bellamy Foster, Fred Magdoff

Start date: April 1, 2009

Finish date: May 1, 2009

Why we're reading this: Best coherent and concise analysis of the causes of the current economic crisis. Warning: capitalists would rather you didn't read this short book to keep you ignorant of what is really going on.
[close] Best coherent and concise analysis of the causes of the current economic crisis. Warning: capitalists would rather you didn't read this short book to keep you ignorant of what is really going on. [close]

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Apr 10, 2009

Arn Kawano rated it:

Read in May, 2009

A selection of lead articles since May 2006 through 2008 from The Monthly Review (a socialist political economic journal) that predicted the current economic crisis and provides the best available coherent and concise explanation of its causes (in 132 pages). This book and succeeding articles in the journal are the best antidote to the confusion that results from reading Paul Krugman's "The Return of Depression Economics." (See my review under that title.) This periodical began 60 yea...more

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Sep 06, 2009

Erik rated it:

Read in August, 2009

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