The Systemic Crisis of World Capitalism*

Aug 26th 2019, Prabhat Patnaik

The world economy is facing a looming recession; protectionist measures by the U.S. and China will worsen the crisis for all. What is required to counter the recession is incresing government expenditure within each country.

* This article was originally published in the Peoples Democracy on August 25, 2019.


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