Titlebook: Six Crises of the World Economy; Globalization and Ec José A. Tapia Book 2023 The Editor(s) (if applicable) and The Author(s), under exclus

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Long Waves and Social Structures of Accumulation,cuted during the Soviet purges of the 1930s. Since then, the notion of long-waves proposed by Kondratieff was mostly ignored or rejected by economists, both in the East and the West. However, in the 1970s and later decades K-waves—as the long waves proposed by Kondratieff were renamed—were seen by s

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From the COVID-19 Depression to the War in Ukraine,ciated with the COVID-19 pandemic in 2020. This was a major crisis with a much deeper contraction of the world economy than in 2009 during the Great Recession. The chapter elaborates on the the pandemic, the economic crisis and economic recovery following 2020 and concludes examining the consequence

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Conclusion,array to the world economy about once per decade over the past half century. When the world economy is “healthy”, that is growing at a rate of a few percentage points per year, the continous expansion of production pushes the Earth system toward ecological disasters of different types. “Healthy” eco

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From the COVID-19 Depression to the War in Ukraine,ecession. The chapter elaborates on the the pandemic, the economic crisis and economic recovery following 2020 and concludes examining the consequences for the world economy of the Russian invasion of Ukraine in 2022.

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,Conceptual Issues—Depressions, Recessions, Crisis Cycles , Business Cycles,omic realities in the 1970s and thereafter, and the three decades before the Great Recession were marked by a kind of nihilistic attitude of mainstream economics toward the phenomenon of economic crises, which were either ignored or considered phenomena of undefined nature and causes.

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Why Do Crises Occur? Causal Theories, causes of the cycle suggested by a variety of authors since the late eighteen century. Say‘s law, accepted in classical economics and in new classical macroeconomics—the idea that generalized overproduction is impossible in the market economy because in the production of commodities sufficient purc

敲诈

Long Waves and Social Structures of Accumulation,he 1920s and the present reveals major inconsistencies, and because the SSA notion also reveals major theoretical and statistical contradictions with economic data of past decades, the conclusion of the chapter is that these are notions that are not useful for a proper analysis of modern capitalism.