PrefaceIntroduction Part 1. The US economy Chapter 1. G. Carchedi and M. Roberts – The long roots of the present crisis: Keynesians, Austerians, and Marx’s lawChapter 2. G. Carchedi – The law of crisesChapter 3. J.A. Tapia – Investment, profit, and crises: theories and evidence Part 2. The international dimension Chapter 4. E.E. Maito – The tendency of the rate of profit to fall since the 19th century and a world rate of profitChapter 5. T. Sato – Japan’s ‘lost’ two decades: a Marxist analysis of prolonged capitalist stagnation Chapter 6. M. Roberts – The UK rate of profit and British economic historyChapter 7.. J.P. Mateo – The Long Depression in the Spanish economy: bubble, profits, and debtChapter 8. T. Maniatis and K. Passas – Surplus value, profit, and unproductive labor in the Greek economy, 1958–2013Chapter 9. A. Marquetti, E.M. Filho, and V. Lautert – The profit rate in Brazil, 1953–2008Chapter 10. M. Gaulard – The Chinese economic crisis: a Marxist approach Part 3. Credit, fictitious capital, and crises Chapter 11. M. Roberts – Debt mattersChapter 12. S. Cámara I. and A. Mariña F– The neoliberal financialization of the US economyChapter 13. M.E.G. Smith and J. Butovsky – The roots of the global crisis: Marx’s law of falling profitability and the US economy, 1950–2013Chapter 14. T. Norfield – Derivatives and capitalist markets: the speculative heart of capitalChapter 15. S. Nash – High-frequency trading: the unfolding history of speculative capital Part 4. The crisis and the euroChapter 16. G. Carchedi – From the crisis in surplus value to the crisis in the euroChapter 17. M. Roberts – The euro crisis is a crisis of capitalism.

The most comprehensive empirically based defense of Marx’s law of profitability as the cause of Capitalist crises.