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Ståle Holgersen, "Against the Crisis: Economy and Ecology in a Burning World" (Verso, 2024)

New Books in Critical Theory

CHAPTER

Marx's Evolving View on Economic Crises

This chapter explores the transformation in Marx's perception of economic crises, from viewing them as revolutionary opportunities to recognizing their role in facilitating creative destruction within capitalism. It argues that while crises expose systemic flaws, they often reinforce conservative trends rather than spur leftist movements.

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