Economic Crises

Below are groups and resources (books, articles, websites, etc.) related to this topic. Click on an item’s title to go its resource page with author, publisher, description/abstract and other details, a link to the full text if available, as well as links to related topics in the Subject Index. You can also browse the Title, Author, Subject, Chronological, Dewey, LoC, and Format indexes, or use the Search box.
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Connexions Library

The ABCs of the Economic Crisis: What Working People Need to Know
Magdoff, Fred; Yates, Michael D.
Book
2009
Rich, powerful people created the economic crisis of 2008-09, while hundreds of millions of working people suffer the consequences -- lost homes, lost jobs, rising insecurity, and falling living stand...
The Accumulation of Capital
Luxemburg, Rosa
Book
1913
Rosa Luxemburg's analysis of the inherent contradictions of capitalist accumulation.
An Anti-Capitalist Manifesto
Callinicos, Alex
Book
2003
An extended argument about what the anti-capitalist movement should stand for.
Asia: Realities of "Recovery": Against The Current vol. 83
Greenfield, Gerard
Article
1999
Why are we still talking about the Asian crisis? In recent months we have heard government policy-makers, economists, business journalists, financial analysts, IMF technocrats, big business and even s...
A Biological Walk Down Wall Street: Economics, Symbiosis and Parasitoids
Martin, Stephen
Article
2008
Wall Street today, with the collapse of Freddie Mac, Fanny Mae, AIG, Lehmann Brothers, Washington Mutual and the rest as to come, is highly reminiscent of that scene in "Alien" (Ridley Scott, 1979) wh...
Book Review: Marixism without Marx: Recent Interpretations of the Economic Crisis
Roth, Gary
Article
2012
Paul Mattick’s, Business As Usual, and David McNally’s, Global Slump, each focuses on a single, primary aspect of Marx’s theory as a means to explain the current crisis. For Mattick, the point of entr...
Bubbles Always Burst: the Education of an Economist
Hudson, Michael
Article
2015
Spouting ostensible free market ideology, the pro-creditor mainstream rejects what the classical economic reformers actually wrote. One is left to choose between central planning by a public bureaucra...
Burdened with Debt Reloaded: The Politics ofr Devaluation
Article
2012
A series of defensive and sectional struggles at workplaces in the private sector reveal that the Greek industrial capital has already taken advantage of the new institutional framework of the “state ...
Business as Usual: The Economic Crisis and the Future of Capitalism
Mattick, Paul Jr.
Book
2011
In Business as Usual Paul Mattick explains the recession in jargon-free style, without shying away from serious analysis. He explores current events in relation to the development of the world economy...
Canadian Information Sharing Service: Pilot Copy, February 1976
Serial Publication (Periodical)
1976
The first issue of the Canadian Information Sharing Service publication. The name of the publication was later changed to Connexions and then to Connexions Digest.
Canadian News Synthesis Project - June 1975: Volume III Number 6
Serial Publication (Periodical)
1975
The Canadian News Synthesis Project journal presents current news coverage to show major trends in Canada and Latin America.
Das Capital, Volume 1: A Critical Analysis of Capitalist Production
Marx, Karl
Book
1867
Marx's great work sets out to grasp and portray the totality of the capitalist mode of production, and the bourgeois society that emerges from it. He describes and connects all its economic features, ...
The Case for Socialism
Maass, Alan
Book
2005
An argument for socialism: a society built from the bottom up through the struggles of ordinary people against exploitation, oppression, and injustice -- one in which people come before profit. A soci...
Chicken Game: Eurocrisis, Again.: Washington vs. Berlin
Sciortino, Raffaele
Article
2012
How does one take an autonomous position against the European policies of social butchery without falling into nationalist, anti-German nostalgia or into rhetoric against “Anglo-Saxon speculation”? Ho...
China's capitalism and the crisis
Hardy, Jane & Budd, Adrian
Article
2012
Coupled with spectacular growth rates since the late 1970s, China’s “soft landing” and apparent rapid recovery from the crisis appear to support claims made by some on the right and the left that the ...
Christians in the Crisis
Vandezande
Book
1984
Describes the urgent need for Christians to respond to the socio-economic and political crises of our time.
The Complete Works of Rosa Luxemburg, Volume I: Economic Writings 1
Luxemburg, Rosa (Edited by Peter Hudis
Book
This first volume in Rosa Luxemburg's Complete Works, entitled Economic Writings 1, contains some of Luxemburg's most important statements on the globalization of capital, wage labour, imperialism, an...
The Complete Works of Rosa Luxemburg, Volume II: Economic Writings 2
Luxemburg, Rosa (Edited by Peter Hudis and Paul Le Blanc)
Book
This volume contains a new English translation of Luxemburg’s most important book, The Accumulation of Capital (1913) as well as her response to its critics. Taken together, they constitute one of the...
The Crisis in African Agriculture
Gakou, Mohamed Lamine
Book
1989
Why is Africa no longer able to feed itself? Lamine Gokou poses this question against a background of meticulous evidence charting the dimensions of the Continent's agricultural decline. He shows what...
Crisis of External Dependence: The Political Economy of Foreign Aid to Bangladesh
Sobhan, Rehman
Book
This book presents an informed, wide-ranging and critical account of the impact of foreign aid on Bangladesh's economy and society. The author shows the distortive consequences that, in practice, aid ...
The Decline And Fall Of The American Empire
McCoy, Alfred
Article
2010
The demise of the United States as the global superpower could come far more quickly than anyone imagines. If Washington is dreaming of 2040 or 2050 as the end of the American Century, a more realisti...
Detroit Politics Embroiled: Against The Current vol. 134
Finkel, David
Article
2008
Detroit is a city entangled in a chain of interlocking crises, all the way from the world economic crisis, to deindustrialization in America, down to the regional and local levels of the housing marke...
Devastating Crisis Unfolds: Against The Current vol. 132
Brenner, Bob
Article
2008
Bob Brenner, for the ATC editors. The current crisis could well turn out to be the most devastating since the Great Depression. It manifests profound, unresolved problems in the real economy that have...
A Dictionary of Marxist Thought
Bottomore, Tom
Book
1983
Economic Crisis and Crisis Theory
Mattick, Paul
Article
1974
The Economic Crisis in Fact and Fiction: Paul Mattick Jr. with John Clegg and Aaron Benanav
Mattick, Paul Jr.; Clegg, John; Benanav, Aaron
Article
2011
An interview with Paul Mattick Jr., the author of Business as Usual: The Economic Crisis and the Future of Capitalism.
The Economics of Global Turbulence
Brenner, Robert
Book
2009
Brenner presents a survey of the world economy from 1950 to the present. He charts the post-war history of the global system and is critical of the results which include over-production and over-compe...
Food, Shelter and the American Dream
Aronowitz, Stanley
Book
1974
Discusses the state of the American economy, the consequences for politics and culture that might arise from the new situation, and possible solutions.
The Formation of the Economic Thought of Karl Marx: 1843 to Capital
Mandel, Ernest
Book
1971
Mandel discusses the development of Marx's economic ideas from their beginning to the completion of the Grundrisse. He combines a historical retrospective and a review of curent discussions on each of...
The Grundrisse: Outlines of the Critique of Political Economy
Marx, Karl
Book
1857
Marx wrote this huge manuscript as part of his preparation for what would become A Contribution to the Critique of Political Economy (published in 1859) and Capital (published 1867). The series of sev...
Help or Hindrance?: United States Economic Aid in Central America
Danaher, Kevin; Benjamin, Medea; Berryman, Philip (eds)
Book
1989
Help or Hindrance? uncovers why the economic crisis in Central America has worsened as U.S. aid has skyrocketed in the 1980s. This report shows how security and military related aid, hidden under the ...
In Spain they are all indignados nowadays
Ainger, Katharine
Article
2013
The indignado protests that flared up two years ago have become a Spanish state of mind.
An Injury to All: The Decline of American Unionism
Moody, Kim
Book
The author, a union organizer and activist, details the decline of the American union movement.
"Just Say No!" to the Robin Hood-in-Reverse Bailout: And What to Do Instead
Gibbs, Jeff
Article
2008
The reverse Robin Hood deal to bail out the rich cannot be allowed to stand. It's time to take to the streets.
Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy
Hudson, Michael
Book
2015
In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and go...
Krisis
Pashalidou, Nina Maria; Katsaounis, Nikos
Film
2012
By 2010, Greece was in an economic crisis and the society and people were shown to be deeply affected by the country's state.
Latin America: Peace, Democratization and Economic Crisis
Silva-Michelena, Joe (ed.)
Book
Wars between countries in Latin and Central America may be rare, but peace in the region is a fragile hostage both to economic crisis and repressive regimes, and Cold War conflicts and U.S. interventi...
The Looming Crisis of World Capitalism
Brenner, Robert
Article
1998
MARXIST ECONOMISTS ARE famous for having accurately predicted seven out of the last one international economic crisis. Perhaps for that reason, many in recent times have been unusually cautious about...
Madness and Ruin: Politics and Economy in the Neoconservative Age
Watkins, Mel
Book
1992
Watkin's book, based on his monthly articles in This Magazine is a scathing attack on the Mulroney government's adoption of neo-conservative economics. With their adoption of Reaganite policies they h...
Making Sense of This Economic Crisis: Against The Current vol. 146
Hossein-zadeh, Ismael
Article
2010
While it now is generally agreed that the main source of the 2008 financial implosion was the accumulation of too much toxic debt, there is little agreement on the factors that precipitated the buildu...
The March 29 Strike Against Labor Law Reform in Spain: Outline of the Conjuncture
CV
Article
2012
The general strike of March 29, although it mobilized a good part of the population, apparently took place with more pain than glory. Once the day of the strike was over, everything seemed to continue...
A Marxist History of the World part 101: The Long Recession
Faulkner, Neil
Article
2012
By the early 1970s, the levers of state economic management had stopped working and the world economy entered a long period of stagnation.
A Marxist History of the World part 102: What is neoliberalism?
Faulkner, Neil
Article
2012
The ‘free-market’ theory provides a pseudo-scientific justification for the greed and poverty endemic to the system, and the main beneficiaries are the global mega-corporations of neoliberal capitalis...
A Marxist History of the World part 105: The 2008 Crash: from bubble to black hole
Faulkner, Neil
Article
2012
The financial crisis represents the end of an era in which greed and casino-madness had been given free rein by market deregulation and rising debt.
A Marxist History of the World part 106: The Second Great Depression
Faulkner, Neil
Article
2012
Four years after the beginning of the crisis, the neoliberal elite is trapped by the contradictions of the system on which its wealth depends.
A Marxist History of the World part 82: The Hungry Thirties
Faulkner, Neil
Article
2012
Beginning with the Wall Street Crash in 1929, the world economy entered the Great Depression. The misguided policies that world leaders pursued ensured that millions of lives were torn apart.
A Marxist History of the World part 85: June 1936: the French general strike and factory occupations
Faulkner, Neil
Article
2012
In the mid-1930s French workers launched a wave of strikes and occupations. Neil Faulkner explains how the Stalinised Communist Party worked to contain this resistance.
Mattick, Paul - Writings - Index
Mattick, Paul
Article
Writings of Paul Mattick (1904-1981).
Meltdown: The End of the Age of Greed
Mason, Paul
Book
2009
Paul Mason, the economics editor of BBC Newsnight, discusses the current economic recession and how it has caused for the neo-liberal orthodoxy to be undermined. He explores the roots of the crisis , ...
Multiculturalism or World Culture?: On a "Left"-Wing Response to Contemporary Social Breakdown
Goldner, Loren
Article
1991
Post-modernists are profoundly bored by any questions of economics and technology which cannot be connected to cultural differences. The implicit agenda of the multiculturalists is to present the valu...
A New Phase of Economic Crisis: Against The Current vol. 135
Rasmus, Jack
Article
2008
In early AprilL 2008 the general consensus was that the U.S. economy had clearly fallen into recession. A long list of key economic indicators from November 2007 through March 2008 were all flashing r...
Notes from a Revolution Dying: Against The Current vol. 134
Pirani, Simon
Article
2008
In June 1922, five years on from the Russian Revolution, a group of Moscow communists gathered to discuss a letter by Vladimir Petrzhek, an auto worker, tendering his resignation from the communist (o...
Obama's "We Got No Money" Rap : Why It Augurs a Sinister Banksters' End Game
Whitney, Mike
Article
2009
Obama is deliberately precipitating another crisis on the advise of his chief lieutenants. Summers and Geithner are steering the economy back into recession so they can implement the same austerity me...
On Transforming Africa: Discourse with Africa's Leaders
Hadjor, Kofi Buenor
Book
Hadjor believes that people have stopped asking questions about Africa. The depth of Africa's crisis seems to evoke passivity rather than serious discussion about solutions. But Hadjor argues that wit...
Other Voices: The Connexions Newsletter - April 9, 2015: Resisting Neoliberalism
Diemer, Ulli (editor); Khan, Tahmid (production)
Serial Publication (Periodical)
2015
Resisting neoliberalism: "free markets" and "free trade" are an ideological cover for what is actually a form of state capitalism in which working people subsidize and bail out corporations and the ri...
Pamplona's locksmiths join revolt as banks throw families from their homes
Muñoz, Monica; Tremlett, Giles
Article
2013
In the years of the housing boom, Spain's banks offered 100% mortgages. Now, while receiving millions in public aid, they are throwing people out of their homes. But there's a rebellion under way.
A People's History of the World: From the Stone Age to the New Millennium
Harman, Chris
Book
1999
Harman describes the shape and course of human history as a narrative of ordinary people forming and re-forming complex societies in pursuit of common human goals.
Privatizing Social Security: Who Wins?: Against The Current vol. 114
Prins, Nomi
Article
2005
Over the years, there have been numerous attempts and proposals to privatize the social security system. It was a key Republican platform item in the 2000 election. The idea was subsequently thwarte...
Radical Perspectives on the Economic Crisis of Monopoly Capitalism
URPE/PEA Teach-In/Teach-Out Pamphlet Collective
Book
1975
A popular education pamphlet on the economic crises of monopoly capitalism.
Restructuring and Resistance: Diverse voices of struggle in Western Europe
Abramsky, Koyla
Book
2000
The book consists of 77 individual chapters, almost all of them written by activists based on their experiences of struggle against the different aspects of capitalist globalisation. Those that aren't...
Root & Branch: A Libertarian Socialist Journal, #6
Serial Publication (Periodical)
1975
Russia's Crisis: Capitalism in Question
Ticktin, Hillel; Weissman, Susan
Article
1998
THE ECONOMIC CRISIS in Russia is a trigger for the world-wide decline in stock markets and currencies rather than its cause. Russia has been in a sharp economic crisis for a decade, since Gorbachev p...
Shock and Au-sterity
Article
2010
Scared to death that all the lights were about to go out after pulling the plug on Lehman Brothers, the bourgeoisie rolled up its sleeves, girded its loins, crossed its fingers, and reached deeper tha...
The Socialist Register 1982: Volume 19: A Survey of Movements & Ideas
Miliband, Ralph; Saville, John (eds.)
Serial Publication (Periodical)
1982
Socialist Register 1991: Volume 27: Communist Regimes the Aftermath
Miliband, Ralph; Panitch, Leo (eds.)
Serial Publication (Periodical)
1991
Sources HotLink - June 30, 2016
Serial Publication (Periodical)
2016
Articles about the FBI and the information it gathers, Donald Trump and the media, and the role of pharmaceutical companies in suppressing information.
Spokes on the Anti-Austerity Wheel: Building Movements That Can Move Beyond Reform
Article
2014
When it comes to fighting the crisis of austerity cuts and financial recession, we need to focus on how to build fighting communities rather than simply reacting to the attacks.
The State as Protection Racket: Chapters in the History of Daylight Robbery
Wilkinson, T.P.
Article
2010
The debate about the current global economic "crisis" is obscenely counterintuitive and illogical to the point of incoherence. Who is willing to 'follow the money"? This dictum appears utterly forgott...
The Sub-Prime Market Crisis: Against The Current vol. 131
Prins, Nomi
Article
2007
It wasn't until I flew to the United Kingdom on Saturday, September 15th, that the globalized nature of the sub-prime contagion really hit home, as it were, for me. On my flight over, I grabbed a copy...
Toronto's Poor: A Rebellious History
Palmer, Bryan D.; Heroux, Gaetan
Book
2016
Toronto’s Poor reveals the long and too often forgotten history of poor people’s resistance. It details how the homeless, the unemployed, and the destitute have struggled to survive and secure food an...
25 Years After the Gdansk Uprising: Against The Current vol. 121
Weissman, Suzi
Article
2006
Suzi Weissman interviews David Ost. The occupation of the Gdansk shipyard by Polish workers in 1980, demanding recognition of their independent trade union Solidarnosc, rocked the Eastern bloc and ins...
We Can't Save the Economy Unless We Fix Our Debt Addiction
Hudson, Michael
Article
2016
Our economy has increasingly been financialized, and the result is a sluggish economy and stagnant wages. We need to decide whether to stop the cycle and save the economy at large, or to stay in thral...
Whose Wipeout? Whose Bailout?: Against The Current vol. 137
The Editors
Article
2008
Is this what 1931 looks like? Years ago, we recall, two themes for popular cinema were people trapped in burning skyscrapers ("Towering Inferno") and market sharks engaged in financial manipulations ...
Women Organizing for Change: Confronting the Crisis in Latin America
Book
1988
A series of articles which seek to examine the effects of recent profound economic, social and political crises of the part several years, particularly the effects of the crisis on the lives of women ...
The World Crisis: Its Economic and Social Impact on the Underdeveloped
Castro, Fidel
Book
1983
A reissue of the original edition published in Havana in 1983 under the title: "The World Economic and Social Crisis."

Connexions Directory of Groups & Websites

Break Their Haughty Power
Articles on capitalism, socialism, and revolution, from a left-Marxist perspective.
Ecosocialist Horizons
Ecosocialist Horizons seeks to advance ecosocialism as a world-view and as a movement capable of offering real answers to the crises caused by capitalism. Whether these crises be social, economic or e...
Insurgent Notes
A journal of communist theory and practice. Quoting Marx and Engels, the editors of Insurgent Notes reiterate that "Communism is for us not a state of affairs which is to be established, an ideal to ...
Left Business Observer
Left Business Observer is a newsletter on economics and politics. This site collects some sample articles and background information.
Marxists Internet Archive
Large archive of the writings of Marx and Engels and of others in the Marxist tradition. Searchable.
News and Letters
An organization of Marxist-Humanists standing for the abolition of capitalism, both in its private property form and ins its state property form. We stand for the deveopment of new human relations; wh...

Sources Experts & Spokespersons

International Monetary Fund
The International Monetary Fund (IMF) is an organization of 185 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic...
Marxists Internet Archive
Large archive of the writings of Marx and Engels and of others in the Marxist tradition. Searchable.
South Asian Association for Regional Cooperation
The South Asian Association for Regional Cooperation (SAARC) was established when its Charter was formally adopted on December 8, 1985 by the Heads of State or Government of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and...

Sources Library

Banks got $114B from governments during recession
CBC News
2012
Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives.

From the Connexions Archives

Marxists Internet Archive
Website
Large archive of the writings of Marx and Engels and of others in the Marxist tradition. Searchable.
News and Letters
Serial Publication (Periodical)
Articles from a Marxist-Humanist perspective.

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