Marxist crisis theory

E952948

Marxist crisis theory is a body of economic thought, rooted in Karl Marx’s analysis of capitalism, that explains recurring economic crises as inherent and inevitable outcomes of capitalist production and accumulation.

All labels observed (2)

Label Occurrences
Marxist crisis theory canonical 1
Marxist economics 1

How this entity was disambiguated

Statements (52)

Predicate Object
instanceOf Marxist theory ⓘ
crisis theory ⓘ
economic theory ⓘ
heterodox economics ⓘ
analyzes capitalist mode of production ⓘ
appliedTo 1970s profitability crisis ⓘ
2007–2008 global financial crisis ⓘ
Great Depression ⓘ
associatedWith Anwar Shaikh ⓘ
David Harvey ⓘ
Ernest Mandel ⓘ
Henryk Grossman ⓘ
Paul Sweezy ⓘ
Rosa Luxemburg ⓘ
Rudolf Hilferding ⓘ
Vladimir Lenin ⓘ
basedOn capital accumulation theory ⓘ
labor theory of value ⓘ
surplus value theory ⓘ
claims economic crises are inevitable under capitalism ⓘ
economic crises are inherent to capitalism ⓘ
contrastsWith Keynesian crisis theory ⓘ
neoclassical business cycle theory ⓘ
drawsFrom Capital, Volume I ⓘ
linked to: Das Kapital

Capital, Volume II ⓘ
linked to: Das Kapital

Capital, Volume III ⓘ
linked to: Das Kapital
emphasizes class struggle ⓘ
contradictions of capital accumulation ⓘ
contradictions of capitalist production ⓘ
disproportionality between sectors ⓘ
realization problems in commodity markets ⓘ
role of credit and finance in crises ⓘ
tendency of the rate of profit to fall ⓘ
tendency toward overaccumulation of capital ⓘ
tendency toward overproduction ⓘ
explains economic crises ⓘ
recurring crises of capitalism ⓘ
field macroeconomics ⓘ
political economy ⓘ
hasTheoreticalBasisIn Karl Marx ⓘ
Marxian economics ⓘ
includesVariant disproportionality crisis theory ⓘ
falling rate of profit crisis theory ⓘ
financialization crisis theory ⓘ
overaccumulation crisis theory ⓘ
underconsumptionist crisis theory ⓘ
language English ⓘ
usedIn critique of capitalism ⓘ
socialist economic analysis ⓘ
viewsCrisesAs mechanisms for devaluation of capital ⓘ
mechanisms for restoring profitability ⓘ
systemic features of capitalism ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

The Problem of Realization → mainTopic → Marxist crisis theory ⓘ
Capital → influenced → Marxist economics ⓘ
linked to: Marxist crisis theory