Global Slump: The Economics and Politics of Crisis & Resistance

McNally, David
Publisher:  Merlin Press
Year Published:  2011  
Pages:  176pp   ISBN:  978-0850366785
Resource Type:  Book
Cx Number:  CX14680

Global Slump analyzes the global financial meltdown as the first systemic crisis of the neoliberal stage of capitalism. It argues that – far from having ended – the crisis has ushered in a whole period of worldwide economic and political turbulence. In developing an account of the crisis as rooted in fundamental features of capitalism, Global Slump challenges the view that its source lies in financial deregulation.