Abstract
The term ‘crisis’ as used in economics is principally associated with Marx. While other writers use the term, Marx attempted rigorously to theorize crises as they occur in capitalism. It is therefore his work which will be discussed here.
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References
Kenway, P.M. 1980. Marx, Keynes and the possibility of crisis. Cambridge Journal of Economics 4(1): 23–36.
Marx, K. 1861. Theories of surplus value, Part 2. London: Lawrence & Wishart, 1969.
Marx, K. 1867. Capital, vol. I. Harmondsworth: Penguin, 1976.
Ricardo, D. 1821. In Collected works and correspondence, vol. I, ed. P. Sraffa. Cambridge: Cambridge University Press, 1951.
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Kenway, P. (2018). Crises. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_536
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DOI: https://doi.org/10.1057/978-1-349-95189-5_536
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