skip to content
The ABC's of the economic crisis : what working people need to know Preview this item
ClosePreview this item
Checking...

The ABC's of the economic crisis : what working people need to know

Author: Fred Magdoff; Michael Yates
Publisher: New York : Monthly Review Press, ©2009.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
The economic crisis has created a host of problems for working people: collapsing wages, lost jobs, ruined pensions, and the anxiety that comes with not knowing what tomorrow willbring. Compounding all this is a lack of reliable information that speaks to the realities of workers. Commentators and pundits seem more confused than anyone, and economists--the so-called "experts"--Still cling to bankrupt ideologies that  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Online version:
Magdoff, Fred, 1942-
ABC's of the economic crisis.
New York : Monthly Review Press, ©2009
(OCoLC)753429499
Document Type: Book
All Authors / Contributors: Fred Magdoff; Michael Yates
ISBN: 9781583671955 9781583671962 1583671951 158367196X
OCLC Number: 326466113
Description: 144 pages : illustrations ; 21 cm
Contents: The calm before the storm --
What makes capitalism tick --
Capitalist economies are prone to crises --
Mature capitalism's concentration of production and slow growth --
Can the tendency to slow growth be overcome? --
Economic stagnation sets in following the Second World War --
Neoliberalism --
The financial explosion : introduction --
How did it happen? --
The explosion of debt --
The great unraveling --
The government to the rescue? --
Summary and conclusions.
Responsibility: by Fred Magdoff and Michael D. Yates.

Abstract:

The economic crisis has created a host of problems for working people: collapsing wages, lost jobs, ruined pensions, and the anxiety that comes with not knowing what tomorrow willbring. Compounding all this is a lack of reliable information that speaks to the realities of workers. Commentators and pundits seem more confused than anyone, and economists--the so-called "experts"--Still cling to bankrupt ideologies that failed to predict the crisis and offer nothing to explain it. In this short, clear, and concise book, Fred Magdoff and Michael D. Yates explain the nature of the economic crisis. Contrary to conventional wisdom, the authors demonstrate that this crisis is not some aberration from a normally benign capitalism but rather the normal and even expected outcome of a thoroughly irrational and destructive system. No amount of tinkering with capitalism, whether it be discredited neoliberalism or the return of Keynesianism and a "new" New Deal, can overcome the core contradiction of the system: the daily exploitation and degradation of the majority of the worlds people by a tiny minority of business owners. While the current economic maelstrom has laid bare the web of greed, corruption, and propaganda that are central to capitalism, only an aroused public, demanding the right to health care, decent employment, a secure old age, and a clean and healthy environment, can lead the United States and the world out of the worst crisis since the Great Depression and toward a system of production and distribution conducive to human happiness.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/326466113> # The ABC's of the economic crisis : what working people need to know
    a schema:CreativeWork, schema:Book ;
   library:oclcnum "326466113" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/nyu> ;
   library:placeOfPublication <http://dbpedia.org/resource/New_York_City> ; # New York
   schema:about <http://id.worldcat.org/fast/1180442> ; # Working class--Economic conditions
   schema:about <http://experiment.worldcat.org/entity/work/data/1011226445#Place/united_states> ; # United States
   schema:about <http://experiment.worldcat.org/entity/work/data/1011226445#Event/2001_2009> ; # 2001-2009
   schema:about <http://id.worldcat.org/fast/1204155> ; # United States.
   schema:about <http://experiment.worldcat.org/entity/work/data/1011226445#Topic/working_class_united_states_economic_conditions> ; # Working class--United States--Economic conditions
   schema:about <http://id.loc.gov/authorities/subjects/sh2008120571> ; # Financial crises--United States
   schema:about <http://dewey.info/class/330.973/e22/> ;
   schema:about <http://id.worldcat.org/fast/924607> ; # Financial crises
   schema:about <http://id.worldcat.org/fast/902025> ; # Economic policy
   schema:bookFormat bgn:PrintBook ;
   schema:contributor <http://viaf.org/viaf/27244028> ; # Michael Yates
   schema:copyrightYear "2009" ;
   schema:creator <http://viaf.org/viaf/117311961> ; # Fred Magdoff
   schema:datePublished "2009" ;
   schema:description "The calm before the storm -- What makes capitalism tick -- Capitalist economies are prone to crises -- Mature capitalism's concentration of production and slow growth -- Can the tendency to slow growth be overcome? -- Economic stagnation sets in following the Second World War -- Neoliberalism -- The financial explosion : introduction -- How did it happen? -- The explosion of debt -- The great unraveling -- The government to the rescue? -- Summary and conclusions."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/1011226445> ;
   schema:inLanguage "en" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/753429499> ;
   schema:name "The ABC's of the economic crisis : what working people need to know"@en ;
   schema:productID "326466113" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/326466113#PublicationEvent/new_york_monthly_review_press_2009> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/1011226445#Agent/monthly_review_press> ; # Monthly Review Press
   schema:reviews <http://www.worldcat.org/title/-/oclc/326466113#Review/1061898091> ;
   schema:workExample <http://worldcat.org/isbn/9781583671955> ;
   schema:workExample <http://worldcat.org/isbn/9781583671962> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/326466113> ;
    .


Related Entities

<http://dbpedia.org/resource/New_York_City> # New York
    a schema:Place ;
   schema:name "New York" ;
    .

<http://experiment.worldcat.org/entity/work/data/1011226445#Agent/monthly_review_press> # Monthly Review Press
    a bgn:Agent ;
   schema:name "Monthly Review Press" ;
    .

<http://experiment.worldcat.org/entity/work/data/1011226445#Topic/working_class_united_states_economic_conditions> # Working class--United States--Economic conditions
    a schema:Intangible ;
   schema:hasPart <http://id.loc.gov/authorities/subjects/sh85073664> ;
   schema:name "Working class--United States--Economic conditions"@en ;
    .

<http://id.loc.gov/authorities/subjects/sh2008120571> # Financial crises--United States
    a schema:Intangible ;
   schema:name "Financial crises--United States"@en ;
    .

<http://id.worldcat.org/fast/1180442> # Working class--Economic conditions
    a schema:Intangible ;
   schema:name "Working class--Economic conditions"@en ;
    .

<http://id.worldcat.org/fast/1204155> # United States.
    a schema:Place ;
   schema:name "United States." ;
    .

<http://id.worldcat.org/fast/902025> # Economic policy
    a schema:Intangible ;
   schema:name "Economic policy"@en ;
    .

<http://id.worldcat.org/fast/924607> # Financial crises
    a schema:Intangible ;
   schema:name "Financial crises"@en ;
    .

<http://viaf.org/viaf/117311961> # Fred Magdoff
    a schema:Person ;
   schema:birthDate "1942" ;
   schema:familyName "Magdoff" ;
   schema:givenName "Fred" ;
   schema:name "Fred Magdoff" ;
    .

<http://viaf.org/viaf/27244028> # Michael Yates
    a schema:Person ;
   schema:birthDate "1946" ;
   schema:familyName "Yates" ;
   schema:givenName "Michael" ;
   schema:name "Michael Yates" ;
    .

<http://worldcat.org/isbn/9781583671955>
    a schema:ProductModel ;
   schema:isbn "1583671951" ;
   schema:isbn "9781583671955" ;
    .

<http://worldcat.org/isbn/9781583671962>
    a schema:ProductModel ;
   schema:isbn "158367196X" ;
   schema:isbn "9781583671962" ;
    .

<http://www.worldcat.org/oclc/753429499>
    a schema:CreativeWork ;
   rdfs:label "ABC's of the economic crisis." ;
   schema:description "Online version:" ;
   schema:isSimilarTo <http://www.worldcat.org/oclc/326466113> ; # The ABC's of the economic crisis : what working people need to know
    .

<http://www.worldcat.org/title/-/oclc/326466113#Review/1061898091>
    a schema:Review ;
   schema:itemReviewed <http://www.worldcat.org/oclc/326466113> ; # The ABC's of the economic crisis : what working people need to know
   schema:reviewBody "The economic crisis has created a host of problems for working people: collapsing wages, lost jobs, ruined pensions, and the anxiety that comes with not knowing what tomorrow willbring. Compounding all this is a lack of reliable information that speaks to the realities of workers. Commentators and pundits seem more confused than anyone, and economists--the so-called "experts"--Still cling to bankrupt ideologies that failed to predict the crisis and offer nothing to explain it. In this short, clear, and concise book, Fred Magdoff and Michael D. Yates explain the nature of the economic crisis. Contrary to conventional wisdom, the authors demonstrate that this crisis is not some aberration from a normally benign capitalism but rather the normal and even expected outcome of a thoroughly irrational and destructive system. No amount of tinkering with capitalism, whether it be discredited neoliberalism or the return of Keynesianism and a "new" New Deal, can overcome the core contradiction of the system: the daily exploitation and degradation of the majority of the worlds people by a tiny minority of business owners. While the current economic maelstrom has laid bare the web of greed, corruption, and propaganda that are central to capitalism, only an aroused public, demanding the right to health care, decent employment, a secure old age, and a clean and healthy environment, can lead the United States and the world out of the worst crisis since the Great Depression and toward a system of production and distribution conducive to human happiness." ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.