Description

""Overproduction and Crises"" is a book written by Karl Rodbertus in 1898. The book discusses the economic theory of overproduction and its relation to economic crises. Rodbertus argues that overproduction leads to a surplus of goods, which in turn leads to a decrease in prices and profits for producers. This decrease in profits can lead to economic crises, as businesses struggle to stay afloat and may ultimately fail. Rodbertus also discusses the role of capitalism in creating these crises, arguing that the profit motive of capitalism encourages overproduction and exacerbates the effects of economic downturns. He suggests that a more equitable distribution of wealth and resources could help to prevent future economic crises.Overall, ""Overproduction and Crises"" provides a critical analysis of the economic system of capitalism and its potential pitfalls. It is a thought-provoking read for anyone interested in economic theory and the history of capitalism.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.