'Epic Recession:
Prelude to Global Depression'
Talk given at Left Forum
on March 20, 2010 (2 x 10 min)

At the recent Left Forum in New York, Jack presents a theoretical explanation of the current economic crisis based on his just released May 2010 book, EPIC RECESSION: PRELUDE TO GLOBAL DEPRESSION. Jack then provides a preview of his next forthcoming book in 2011, FINANCE CAPITAL IN THE 21st CENTURY: A THEORETICAL CRITIQUE, which takes to task mainstream economic views of the current crisis, debunks popular 'financialization' theories of the crisis popular today on the left, and explains how Marxist economics must be fundamentally revised in order to account for credit, debt, and speculative finance before it can better explain current and future crises.