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The Recession of Capitalism – Hidden Causes. Realeconomik

Grigory Yavlinsky 

  • Year2014
  • Number of pages184
  • ISBN978-5-7598-1106-0

About

The book offers a systemic view of the economic realities of modern capitalism. The author examines the last economic crisis and current recession’s links to long-term trends in the nature of the modern world economy. This is the first attempt to analyse the role of historical and technological rent, and to explain structural changes that have occurred in developed economies in favor of a “new” economy. The author explains why public perceptions about welfare play a much more important role in economics than is generally assumed. Yavlinsky also remarks on the consolidation of inequality not only in developed economies, but also in the world economy, and the changing impact scientific and technical progress has on economics.

The book is intended for professional economists and politicians, as well as experts in the field of contemporary problems of the global and Russian economies.