Capitalism and Crisis: Why vampires shouldn’t feed on themselves

Amy Gilligan explains how the contradictions at the heart of capitalism that mean that it is an inherently unstable system, prone to crises.

Suggestions for further reading:

Marx on the law of the tendancy of the rate of profit to fall in Capital Vol 3

Stuart Easterling on Marx’s theory of economic crisis in the International Socialist Review:

Chris Harman, Zombie Capitalism (published by Bookmarks)

Also check out Michael Di Benedetto’s video on Profit: A Numbers Game, But Shit Don’t Add Up Somehow

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