THE ABCs OF THE ECONOMIC CRISIS: What Working People Need to Know

THE ABCs OF THE ECONOMIC CRISIS: What Working People Need to Know 

By FRED MAGDOFF and MICHAEL D. YATES 

To all those who struggle for a better world

Contents

Preface..............

1.       The Calm before the Storm.

2.       What Makes Capitalism Tick.

3.       Capitalist Economies Are Prone to Crises.

4.       Mature Capitalism’s Concentration of Production and Slow Growth.

5.       Can the Tendency to Slow Growth Be Overcome?

6.       Economic Stagnation Sets in Following the Second World War.

7.       Neo-liberalism.

8.       The Financial Explosion: Introduction.

9.       How did it happen?

10.    The Explosion of Debt.

11.    The Great Unraveling.

12.    The Government to the Rescue?

13.    Summary and Conclusions.

A Timeline of the Financial Crisis and the Great Recession.

A Brief Bibliographical Study Guide.