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Valorization Crisis and the Path to Global Depression
From: Twilight Capitalism
$3.80
This chapter explores the processes of financialization, the disconnect between the "real" and "ficticious" economies, and the Great Recession of 2008. The authors suggest this last event was actually the beginning of a "long depression."
Contributors
Murray E.G. Smith
Murray E.G. Smith is Professor of Sociology at Brock University. He has been active on the socialist left in Canada since the 1970s, participating in a variety of campaigns and progressive movements for social change.
Jonah Butovsky
Jonah Butovsky is associate professor of sociology at Brock University.
Josh J. Watterton
Joshua J. Watterton is pursuing a PhD in geography at York University.