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28 of 28 people found the following review helpful
5.0 out of 5 stars Its about time, April 17, 2011
By 
J. R. Davis (ozark bioregion) - See all my reviews
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This review is from: Business as Usual: The Economic Crisis and the Failure of Capitalism (Paperback)
At first when I first saw this book pop up on Amazon.com last year I thought it might be a collection of Paul Mattick Sr's writings on crisis. There was little descriptive info given to make a different conclusion (since publications they added more to the Amazon description). However, the book was actually written by his son Paul Mattick jr (tho they dropped the jr for unknown reasons) who was a member of the councilist group "Root & Branch" during the late 70's & early 80's. Since he since has become a Professor of Philosophy and author of books on post-modernism, I thought the book would come from that perspective. I was wrong. This little book basically gives a history of this crisis and prior crisises of capitalism from a councilist perspective but without labeling it as such. It does this from the perspective of the US and its central role in the world economy. As for solutions, Mattick disses whats left of the Left. He finds hope in the ability of every day folk to take over the ruins of capital and remake it for use in their everyday lives. He draws from the work of Rebecca Solnit (A Paradise Built in Hell) in which she analysed various natural and unnatural disasters. To find common ground in the reaction of the victims to organize themselves outside of the State and find solidarity with fellow victims to overcome their loss. BTW, I recommend readers of this blog to read Solnit's work. Over all, I recommend this book. Its a good summary of Marxist economic theory in everyday language and applied to the current crisis. jim davis
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5 of 5 people found the following review helpful
4.0 out of 5 stars Review, December 10, 2012
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This review is from: Business as Usual: The Economic Crisis and the Failure of Capitalism (Paperback)
Paul Mattick is a fantastic speaker. I highly suggest to anyone interested in the recent recession: watch his youtube videos and recent discussion for the Platypus society. Moreover, he writes as clearly as he speaks. However, when it comes to actually comprehending the financial crisis in intimate detail, I somewhat prefer Andrew Kliman's presentation, which has far more statistics, and graphs, and the feeling of a solid well thought out presentation and all encompassing theory. Mattick is more or less giving the reader a spotty historical account of the booms and bust of the capitalist mode of production; which is very interesting, and very hard to do in a mere 100 pages. That said, because he spends so much time on the history of capitalism, much of the actual recession is somewhat left out. And because it is more or less a history book of the overall problems of capitalism, the nuance that each boom-bust cycle deserves, it also somewhat left out.

Still, it's overall a good book, and can be read in a matter of hours. It's also good to see people like Mattick and Kliman offering a very unique take on capitalism, and how it operates. So, purchase Kliman for an intimate understanding of our recession, purchase Mattick for a sleek history of why capitalism is prone to erratic behavior (although by always being erratic, one could say it's also always stable).
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3 of 3 people found the following review helpful
5.0 out of 5 stars Great Book, June 14, 2012
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This review is from: Business as Usual: The Economic Crisis and the Failure of Capitalism (Paperback)
Must read for anyone who is even closely intrested in where the US is heading and how bad the problem really are
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1 of 1 people found the following review helpful
5.0 out of 5 stars The failures of capitalism, March 9, 2013
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If you are looking for insight into the structural inadequacies of late stage capitalism this is a good place to start.
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Business as Usual: The Economic Crisis and the Failure of Capitalism
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