Brenner demonstrates that the new economy was always a fragile phenomenon
Robert Brenner is Director of the Center for Social Theory and Comparative History at UCLA. He is the author of The Boom and the Bubble, Merchants and Revolution, and co-editor of Rebel Rank and File.
In this interesting and original work, Brenner examines the recent
collapse of the US economy ... not merely another postmortem on the
bursting of the bubble economy of the last decade. Rather, Brenner
provides a historical and international context to his discussion
by framing it within the global economic stagnation of the early
1990s.
*Choice*
Paul Krugman and Joseph Stiglitz may be celebrity economists, but
it is an economic historian whose earlier work focused on the
origins of capitalism in late feudal Europe who has turned out the
most compelling and comprehensive account of the crisis gripping
contemporary global capitalism. UCLA Professor Robert Brenner's
recent work is a solidly argued and empirically impeccable
restatement of the centrality of overproduction in capitalism.
*The Nation*
An uncanny ability to map the future ... His conviction that the
financial bubble that sustained the US economy around the turn of
the century would be exposed as corrupt as well as misguided has
now been proved right.
*New Statesman*
The best financial history of the period yet.
*New York Times*
... as the economy continues to plummet from its historic highs in
the '90s ... here's a book which explains in accessible ways why it
has gone so fast and why it seems to be coming down so quickly.
*Steve Wasserman*
Its implications are portentous.
*Atlantic Monthly*
Cover Review: Brenner offers a more scholarly analysis of the
recent decade than most commentators who tend to overpraise or
dismiss recent technological innovations ... something of a
thriller with a to-be-continued ending.
*Los Angeles Times*
The Boom and the Bubble gives us uncommon realism about the real
world: it is an insight into how the global economy and its
dominant power have shaped each other.
*Roberto Mangabeira Unger*
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