Abstract
To understand the nature and possible consequences of the present economic crisis, we have to try to put it into proper historical perspective. And in order to do this, we must keep firmly in mind that the real history of capitalism results from the interplay of the inner logic of the system and the changing environment within which it operates.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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