Books covering capitalist crisis

[EdgyandOriginal]

I'm looking for any books analyzing the causes of capitalist crisis. I'd like to know what happened, why it happened and whether or not there are any patterns. I'm sure there loads out there, so a point in the right direction would be great.

Thanks.

[Workers-Control-Over-Prod]

Basically there are three main reasons to capitalist crises today: 1) systemically, periodically, underlying and serious crisis mainly due to the Falling Rate of Profit 2) Overproduction; i.e. not enough demand/high enough wages to supply the growth needed (this also links to profitability and 3) the anarchy of capitalist production and speculation. Today the anarchy of production is not such a serious problem anymore since the role of the capitalist state is very large to make capital accumulation function properly. But too much speculation in comparison to actual existing value is a huge problem today, speculation on food has derivatives to the fifth exponent, spiking food prices into oblivion and literally stealing the bread from the poor to make a buck.
Finally, these basic factors for crises spur capitalist governments to make debt more easily available for growth, hence the FIAT currency since the last ~30 years which lets banks create money and lend it out at will. Making debt easily available for capitalists to try to get them to invest a portion of it into the production economy of course grows the financial sector disproportionately (http://www.revleft.com/vb/debt-growth-and-t171928/index.html?t=171928). Don't forget the Falling rate of profit of the production process (http://www.revleft.com/vb/failure-capitalist-production-t172018/index.html?t=172018) as the underlying control over the economy. I can recommend Limits to Capital by David Harvey which gives a good view on the last fourty years of Capitalism's development.

[Workers-Control-Over-Prod]

...But of course first read the basics. Capital Volumes I, II, and III.

[EdgyandOriginal]

Basically there are three main reasons to capitalist crises today: 1) systemically, periodically, underlying and serious crisis mainly due to the Falling Rate of Profit 2) Overproduction; i.e. not enough demand/high enough wages to supply the growth needed (this also links to profitability and 3) the anarchy of capitalist production and speculation. Today the anarchy of production is not such a serious problem anymore since the role of the capitalist state is very large to make capital accumulation function properly. But too much speculation in comparison to actual existing value is a huge problem today, speculation on food has derivatives to the fifth exponent, spiking food prices into oblivion and literally stealing the bread from the poor to make a buck.
Finally, these basic factors for crises spur capitalist governments to make debt more easily available for growth, hence the FIAT currency since the last ~30 years which lets banks create money and lend it out at will. Making debt easily available for capitalists to try to get them to invest a portion of it into the production economy of course grows the Falling rate of profit of the production process[/URL] as the underlying control over the economy. I can recommend Limits to Capital by David Harvey which gives a good view on the last fourty years of Capitalism's development.
I will definitely read Limits to Capital. I was also considering reading Marx whilst watching Harvey's online lectures.

Thanks.

[Brosa Luxemburg]

http://www.amazon.com/Failure-Capitalist-Production-Underlying-Recession/dp/0745332390/ref=sr_1_1?s=books&ie=UTF8&qid=1345602815&sr=1-1&keywords=andrew+kliman

That is supposed to be a good book.

[Czesio]

The only one which I read was David Harvey's "The Enigma of Capital: And the Crises of Capitalism".

[Zukunftsmusik]

Guenther Sandleben shows in his "Financial crisis - myth and reality" how the crisis has sprung out of production, not finance. I haven't read it myself, though - yet. And it seems it doesn't exist in English (yet?). It's on amazon (http://www.amazon.co.uk/s?_encoding=UTF8&search-alias=books-uk&field-author=Guenther%20Sandleben), but in German.

[Workers-Control-Over-Prod]

Guenther Sandleben shows in his "Financial crisis - myth and reality" how the crisis has sprung out of production, not finance. I haven't read it myself, though - yet. And it seems it doesn't exist in English (yet?). It's on amazon (http://www.amazon.co.uk/s?_encoding=UTF8&search-alias=books-uk&field-author=Guenther%20Sandleben), but in German.

Yes, this global economic crisis started in the capitalist economy of the US. Since the 1970's with the introduction of computers and women into the labor force, the US did not have a labor shortage anymore resulting in capitalists stagnating workers real wages to keep up profitability and for industry to remain in the country. This is a systemic capitalist crisis like only existed in the 1930's so far, it is though more severe; the 30's was a depression of a general low rate of profit and too many private debts, but this looming depression is a crisis not merely of the rate of profit, but of the rate of profit of the production process! And the existing debts are incredibly high (in another universe than in the 30's), the financial sector so immensely huge that it is the most blatant coming depression ever. There is no way out for capital.