A Thumbnail Survey of Marxist Crisis Theories

David Laibman
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David Laibman: City University of New York

Chapter 8 in Capitalist Macrodynamics, 1997, pp 75-84 from Palgrave Macmillan

Abstract: Abstract Most defenses of Marx’s vision of capitalist crisis have focused on the theory of the falling rate of profit, attempting to defend that theory against the critical assault described in Chapter 4. Before resuming the main line of development of this book — the positive theory of accumulation, technical change, structural trends, cyclical and secular crisis — it may be useful to address briefly some of the strategies that have been adopted by the defense.

Keywords: Capital Stock; Technical Change; Capital Good; Profit Rate; Perfect Competition (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1057/9780230375345_8

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