Items related to The Collapse of Capitalism (Classic Reprint)

The Collapse of Capitalism (Classic Reprint) - Softcover

Herman Cahn

 
9781330411032: The Collapse of Capitalism (Classic Reprint)

Synopsis

This book offers a re-examination of the economic theories of Karl Marx, arguing that they remain relevant to understanding present-day capitalism - despite the many changes that have occurred since his time. The author contends that Marx predicted capitalism would eventually enter a crisis, and that we are now on the verge of that crisis. Using a combination of historical and economic analysis, the author argues that the growing gap between the rich and the poor, the increasing concentration of wealth in the hands of a few, and the expansion of credit and debt have all contributed to the current economic crisis. The author concludes by arguing that a new socialist revolution is needed to create a more just and equitable economic system. The book is a valuable contribution to the ongoing debate about the future of capitalism and the relevance of Marx's ideas in the 21st century.

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