Underestimating Capital, Overestimating Labour: A Response to Andrew Kliman

Page content

What caused the 2008 economic crisis? In an article published earlier this year by /Jacobin/, the Canadian political economist Sam Gindin explained it as ‘a primarily /financial/ crisis.’ Writing for /New Left Project/, Andrew Kliman rejected this analysis, arguing that, had the crisis really been mainly financial, the economy would have recovered by now. Here, Gindin responds to Kliman’s critique. | New Left Review