Michael Roberts (18)Besprekingen

Focusing on the Marxist law of profitability. A heavy read, certainly if you're not a trained economist. Some chapters/contributions are better than others. But does offer interesting insights into evolution of profit rate and capitalist development in the 20th century.½

Comprehensive review with a robust defence of "the falling rate of profit" as the ultimate cause of crisis formation. The concluding chapter is surprisingly flat but is the only bum note in a remarkably readable survey.

Reviewed in the September 2017 issue of the Socialist Standard:

http://socialiststandardmyspace.blogspot.com/2017/09/the-slump-2017.html