- Elgar original reference
Edited by Jan Toporowski and Jo Michell
Chapter 29: Karl Marx
In times of economic crisis contemporary solutions are developed in response to particular financial instruments, institutions or geopolitical structures. Phenomena such as subprime mortgage products, hedge funds, and the decline of US financial hegemony have, for example, been highlighted in the global economic crisis that started in 2007. To take a step back from such specifics, in an attempt to provide a more comprehensive and general view of capitalist dynamics, a radical alternative is offered by the writings of Karl Marx.
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