The second slump : a Marxist analysis of recession in the seventies / [by] Ernest Mandel ; translated [from the German] by Jon Rothschild.

By: Material type: TextTextLanguage: engger Publication details: London : NLB, 1978.Description: 212 pages : tables and illustrations ; 22 cmISBN:
  • 0860910121 :
Uniform titles:
  • Ende der Krise oder Krise ohne Ende? English.
Subject(s): DDC classification:
  • 330.9/04/7
LOC classification:
  • HC 59 .M24713 1978
Online resources:
Contents:
Chapter One: A crisis of over-production - 1 The scope of the 1974-75 recession -- 2 Contraction in world trade -- 3 A classic over-production crisis -- 4 The rise in oil prices --5 The semi-colonial and dependent countries - Chapter Two: Industrial contraction, Financial panic - 1 Inter-imperialist competition -- 2 The major branches of industry -- 3 Monetary pump-priming and the limited duration of the recession -- 4 The fear of a bank panic - Chapter 3: Uneven recovery and inter-imperialist contradictions - 1 Fundamental causes of the recession -- 2 A feeble recovery and the persistence of chronic unemployment -- 3 A hesitant and inflationary recovery -- 4 The new protectionism -- 5 The international monetary system and the economic cycle - Chapter Four: The impact on the international economy: Capitalist and 'socialist' - 1 The stagnation of the common market -- 2 The world market and international industrial capital -- 3 Agriculture and the crisis -- 4 The so-called socialist countries -- 5 The international economic situation at the end of 1977 - Chapter Five: Marxism and the crisis - 1 Over-production crises: the Marxist explanation -- 2 The cycle of 1972-78 -- 3 The workers' movement and the crisis.
Summary: "My aim has been to situate the generalized recession of 1974-95 both in its particular historic context - the end of the long period of post-war expansion - and in the more general context of the history of the capitalist mode of production as a whole. I have tried to demonstrate that this recession and the subsequent phase of sluggishness, of hesitant, uneven and non-cumulative recovery, are the products neither of chance nor of extraneous factions... In the contrary, the recession and the subsequent depressive recovery correspond to the inherent logic of the system, although extraneous or accidental factors obviously do play a role in determining the particular features of each cycle." -- From the Preface
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Holdings
Item type Current library Collection Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Karl H. Niebyl Collection HC 59 .M24713 1978 (Browse shelf(Opens below)) Not For Loan NPML20060011

Rev. translation of the 1977 German edition which was published under title: Ende der Krise oder Krise ohne Ende?

Includes index.

Chapter One: A crisis of over-production - 1 The scope of the 1974-75 recession -- 2 Contraction in world trade -- 3 A classic over-production crisis -- 4 The rise in oil prices --5 The semi-colonial and dependent countries - Chapter Two: Industrial contraction, Financial panic - 1 Inter-imperialist competition -- 2 The major branches of industry -- 3 Monetary pump-priming and the limited duration of the recession -- 4 The fear of a bank panic - Chapter 3: Uneven recovery and inter-imperialist contradictions - 1 Fundamental causes of the recession -- 2 A feeble recovery and the persistence of chronic unemployment -- 3 A hesitant and inflationary recovery -- 4 The new protectionism -- 5 The international monetary system and the economic cycle - Chapter Four: The impact on the international economy: Capitalist and 'socialist' - 1 The stagnation of the common market -- 2 The world market and international industrial capital -- 3 Agriculture and the crisis -- 4 The so-called socialist countries -- 5 The international economic situation at the end of 1977 - Chapter Five: Marxism and the crisis - 1 Over-production crises: the Marxist explanation -- 2 The cycle of 1972-78 -- 3 The workers' movement and the crisis.

"My aim has been to situate the generalized recession of 1974-95 both in its particular historic context - the end of the long period of post-war expansion - and in the more general context of the history of the capitalist mode of production as a whole. I have tried to demonstrate that this recession and the subsequent phase of sluggishness, of hesitant, uneven and non-cumulative recovery, are the products neither of chance nor of extraneous factions... In the contrary, the recession and the subsequent depressive recovery correspond to the inherent logic of the system, although extraneous or accidental factors obviously do play a role in determining the particular features of each cycle." -- From the Preface

From the library of Karl and Elizabeth Niebyl.

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