Crisis (marxian): Difference between revisions
From Cibernética Americana
Jump to navigationJump to search
No edit summary |
No edit summary |
||
| Line 2: | Line 2: | ||
{{TOCleft}} | {{TOCleft}} | ||
== Local Edit == | == Local Edit == | ||
In [[Marxian economics]], '''crisis''' refers to what is called, even currently and outside Marxian theory in many European countries a "conjucture" or especially sharp bust cycle of the regular | In [[Marxian economics]], '''crisis''' refers to what is called, even currently and outside Marxian theory in many European countries a "conjucture" or especially sharp bust cycle of the regular boom and bust pattern of capitalist development, which will if no countervailing action is taken ,mark the transition to a [[recession]]. See for example [[1994 economic crisis in Mexico]], [[Argentine economic crisis (1999-2002)]], [[South American economic crisis of 2002]], [[Economic crisis of Cameroon]]. | ||
A [[financial crisis]] may be a [[banking crisis]] or [[currency crisis]]. It is used as part of [[Marxian|Marxist]] [[political economy]], usually in the specific formulation of the '''crisis of capitalism'''. It refers to a period in which the normal reproduction of an economic process over time suffers from a temporary breakdown. This crisis period encourages intensified [[class conflict]] or [[societal change]] — or the revival of a more normal accumulation process. | A [[financial crisis]] may be a [[banking crisis]] or [[currency crisis]]. It is used as part of [[Marxian|Marxist]] [[political economy]], usually in the specific formulation of the '''crisis of capitalism'''. It refers to a period in which the normal reproduction of an economic process over time suffers from a temporary breakdown. This crisis period encourages intensified [[class conflict]] or [[societal change]] — or the revival of a more normal accumulation process. | ||
