The Repeated Economic Crisis from the Perspective of Das Kapital

Abstract

Throughout the course of capitalist development, the economic crisis has always been like the shadow of the shadow. Every cycle, the capitalist countries will change more or less of the economic crisis, which have big impact: in 1825 the outbreak of the first crisis, the 1857 outbreak of the first world economic crisis, the world economic depression, 1929-1933 years 1957-1958 years 1973-1975 years of economic crisis, the oil crisis in 1997, Asia the financial crisis and the global financial crisis of 2008, etc. Faced with these conditions, the mainstream economists in the West could not make convincing answers, and they had to go back to Marx's "Das Kapital" again and again for theoretical reference.