Publisher's Synopsis
Original essays explore the periodic crises that seem to be a part of the very essence of the capitalist world-system. What is the nature of these crises and how do they threaten the hegemony of the powerful core countries? These questions are considered in five major analyses. Four essays are then devoted to examining the current crisis of the American economy.
`...leaves the reader with far more insight into a far more serious set of problems...′ -- Multinational Monitor, April 1984
`The book is invaluable for the insight it provides into factors leading to the world crises.′ -- Southern Economist, 15 June 1985
