the recent global economic downturn has ">
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Business as Usual

<DIV></DIV> <P style="MARGIN: 0in 0in 0pt" class=MsoNormal>The recent global economic downturn has affected nearly everyone in every corner of the globe. Its vast reach and lingering effects have made it difficult to pinpoint its exact cause, and while some economists point to the risks inherent in the modern financial system, others blame long-term imbalances in the world economy. Into this debate steps Paul Mattick, who, in <I>Business as Usual</I>, explains the global economic downturn in relation to the development of the world economy since World War II, but also as a fundamental example of the cycle of crisis and recovery that has characterized capitalism since the early nineteenth century. </P> <P style="MARGIN: 0in 0in 0pt" class=MsoNormal>&#160;</P> <P style="MARGIN: 0in 0in 0pt" class=MsoNormal>Mattick explains that today&#8217;s recession is not the result of a singular financial event but instead is a manifestation of long-term processes within the world economy. Mattick argues that the economic downturn can best be understood within the context of business cycles, which are unavoidable in a free-market economy. He uses this explanation as a springboard for exploring the nature of our capitalist society and its prospects for the future.</P> <P style="MARGIN: 0in 0in 0pt" class=MsoNormal>&#160;</P> <P style="MARGIN: 0in 0in 0pt" class=MsoNormal>Although <I>Business as Usual</I> engages with many economic theories, both mainstream and left-wing, Mattick&#8217;s accessible writing opens the subject up in order for non-specialists to understand the current economic climate not as the effect of a financial crisis, but as a manifestation of a truth about the social and economic system in which we live. As a result the book is ideal for anyone who wants to gain a succinct and jargon-free understanding of recent economic events, and, just as important, the overall dynamics of the capitalist system itself.</P>
 

  Autore: Mattick Paul  
  Editore: REAKTION BOOKS  
  Isbn: 1861898010  
  EAN : 9781861898012  
  Data pub. 15 May 11  
  Classificazione:BUSINESS and ECONOMICS  
  Prezzo: € 16,60  







 
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