Explain Marx's conception of economic crises.
February 4, 2009 2:54 PM Subscribe
I'm trying to wrap my head around Marx's conception of Capitalist economic crises. He claims that these crises emerge every 7 years, and are caused by "the epidemic of overproduction." Is there any historical justification for this? (Especially in the modern era?)
posted by matkline to Law & Government (20 answers total) 4 users marked this as a favorite