Bichler & Nitzan, ‘How Capitalists Learned to Stop Worrying and Love the Crisis’

Abstract Do capitalists really want a recovery? Can they afford it? On the face of it, the question sounds silly: of course capitalists want a recovery; how else can they prosper? According to the textbooks, both mainstream and heterodox, capital accumulation and economic growth are two sides of the same process. Accumulation generates growth and […]

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