The Present Stage of the Global Crisis of Capitalism

Authors

  • Paul M. Sweezy

DOI:

https://doi.org/10.14452/MR-029-11-1978-04_1

Keywords:

Political Economy

Abstract

The issue is the economic crisis—la crise. The phrase is omnipresent in political speech. By it are understood several things: high and persisting levels of unemployment and inflation; the sense that the economic boom of the postwar epoch is over; the knowledge that the economic policies of the boom can no longer ensure full employment. —Emma Rothschild, just returned from France, New York Times, Op-Ed page, March 1, 1978

Published

1978-04-01

Issue

Section

Review of the Month