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Focusing on the economic analysis rooted in Marxist theory, the book explores the causes of the Great Recession of 2008-9, which marked a significant downturn since the Great Depression. Michael Roberts, who predicted the recession before it occurred, delves into the dynamics of a capitalist economy to explain the factors that led to this crisis. Additionally, he offers insights on the potential for future economic downturns, making it a critical read for those interested in economic theory and history.
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The Great Recession, Michael Roberts
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- Année de publication
- 2009
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