I. Capitalism's Twin Crises: Economic and Environmental

Authors

  • Fred Magdoff

DOI:

https://doi.org/10.14452/MR-054-04-2002-08_1

Keywords:

Political Economy

Abstract

History has provided us with numerous examples of economic stagnation and breakdown, as well as environmental degradation caused by human activity, even before capitalism existed. But capitalism's central characteristic—the incessant drive to invest and accumulate wealth—gives birth to never-ending economic and environmental crises.

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Published

2002-09-01

Issue

Section

Review of the Month