Notes from the Editors, September 2002

Authors

  • - The Editors

DOI:

https://doi.org/10.14452/MR-054-04-2002-08_0

Keywords:

Stagnation, Political Economy

Abstract

» Notes from the Editors

The growth and eventual bursting of financial bubbles is an inherent feature of capitalist accumulation, as can be seen in the long history of such crises from the South Sea Bubble of the early eighteenth century to the financial blowouts of the present day. In the first half of the summer a dramatic bubble-bursting decline in the U.S. and European stock exchanges wiped out the stock market gains of the previous five years—a period characterized by manic speculation

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Published

2002-08-31

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Section

Notes from the Editors