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Capitalist Crisis


Andrew Kliman will speak on “A Crisis of Capitalism (Not Neoliberalism, Financialization, or Stagnant Wages)” for the Student  Action Initiative of  The New School on Wed. Feb. 22 at 8:00 p.m. The  talk will take place at 80 Fifth Avenue (SW corner of 14th St.), Room 529, and it is open to the public. Kliman will investigate the causes of the Great Recession and discuss the surprising results of data analysis which shows that the rate of profit has fallen ever since the end of the post-World War II boom.


Andrew Kliman is Professor of Economics at Pace University. He is author of the just-published book, The Failure of Capitalist Production: Underlying Causes of the Great Recession, and of Reclaiming Marx’s “Capital”: A Refutation of the Myth of Inconsistency.

N.Y.U. Professor Bertell Ollman wrote about the new book, “One of the very best of the rapidly growing series of works seeking to explain our economic crisis. … The scholarship is exemplary and the writing is crystal clear. Highly recommended!”


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