Crisis? What Crisis?

Fulcher, James

Is capitalism in a state of crisis? Crises are in fact a normal part of the functioning of a capitalist society. ‘Crisis? What Crisis?’ looks at crises in capitalism from ‘tulipomania’ in 17th-century Amsterdam through to the 2007–2008 financial crisis and ‘great recession’, the most serious crisis since the Great Depression of the 1930s. It considers the future of capitalism and argues that it may be shaped not by the institutions and structures of the static or declining countries of the West, but the countries of the East. It discusses whether there are alternatives to capitalism and argues that alternatives exist within capitalism rather than outside it.