Aufsatz(gedruckt)#11978
THE PRESENT STAGE OF THE GLOBAL CRISIS OF CAPITALISM
In: Monthly review: an independent socialist magazine, Band 29, Heft 11, S. 1-12
ISSN: 0027-0520
PERIOD FROM 1945 TO 1973 WAS EXTRAORDINARILY FAVORABLE TO THE RAPID EXPANSION OF PRODUCTION IN INDUSTRIALIZED CAPITALIST COUNTRIES, BUT SINCE 1974 PRODUCTION HAS DROPPED, INFLATION HAS CONTINUED, AND UNEMPLOYMENT IS HIGH, AND EVEN DURING RECOVERY PERIODS PRODUCTION RATES IN NEARLY ALL THESE COUNTRIES APPEARED TO PEAK BEFORE REACHING ABOVE AVERAGE GROWTH LEVELS.