Zombie Capitalism: Global Crisis and the Relevance of Marx

Zombie Capitalism Global Crisis and the Relevance of Marx We ve been told for years that the capitalist free market is a self correcting perpetual growth machine in which sellers always find buyers precluding any major crisis in the system Then the credit c

  • Title: Zombie Capitalism: Global Crisis and the Relevance of Marx
  • Author: Chris Harman
  • ISBN: 9781608461042
  • Page: 478
  • Format: Paperback
  • We ve been told for years that the capitalist free market is a self correcting perpetual growth machine in which sellers always find buyers, precluding any major crisis in the system Then the credit crunch of August 2007 turned into the great crash of September October 2008, leading one apologist for the system, Willem Buiter, to write of the end of capitalism as we knewWe ve been told for years that the capitalist free market is a self correcting perpetual growth machine in which sellers always find buyers, precluding any major crisis in the system Then the credit crunch of August 2007 turned into the great crash of September October 2008, leading one apologist for the system, Willem Buiter, to write of the end of capitalism as we knew it As the crisis unfolded, the world witnessed the way in which the runaway speculation of the shadow banking system wreaked havoc on world markets, leaving real human devastation in its wake Faced with the financial crisis, some economic commentators began to talk of zombie banks financial institutions that were in an undead state and incapable of fulfilling any positive function but a threat to everything else What they do not realize is that twenty first century capitalism as a whole is a zombie system, seemingly dead when it comes to achieving human goals.

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      478 Chris Harman
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      Posted by:Chris Harman
      Published :2019-07-04T06:16:07+00:00

    About “Chris Harman

    • Chris Harman

      British journalist and political activist for the Socialist Workers Party.Harmann was involved with activism against the Viet Nam war but became controversial for denouncing Ho Chi Minh for murdering the leader of the Vietnamese Trotskists Harman s work on May 1968 in France and other student and workers uprisings of the late 1960s, The Fire Last Time, was recommended by rock band Rage Against the Machine in their album sleeve notes for Evil Empire.

    500 thoughts on “Zombie Capitalism: Global Crisis and the Relevance of Marx

    • Harman's magnificent book has literally nothing to do with zombies (I don't believe the word is mentioned even once anywhere in the book), but it is one of the most compelling and thoroughly researched scholarly analyses of the history of capitalism.


    • Solid book offering an integrated argument about the function of Marx and Marxist though to understanding the credit crunch and crash.




    • very well written and encompassing. explains a lot of the key economics of marxism and the dynamics of the system today. recommend.


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