The history of capitalism has long been thought to be a sequence
of recurring crises that appear in various forms: crises in
employing people, crises in obtaining resources, and financial
crises. "Marx's Crises Theory: Scarcity, Labor, and Finance"
provides a framework for interpreting Marx's theory of crises. In
conclusion, the author asserts that as long as the financial
structure leads to periodic breakdowns, Marx's writings on the
subject will retain their importance as a source of theory and
analysis of the dynamics of political economy.
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