A review by alexlanz
The Long Depression: Marxism and the Global Crisis of Capitalism by Michael Roberts

Even when recessions are triggered in the finance sector, the root cause is the falling rate of profit from an increasing organic composition of capital; and the excessive debt in modern economies makes it even harder for profitability to recover because productive investments are too risky for the returns they offer. Roberts is a very clear writer, and there's a lot of statistical evidence to illustrate Marxist theories of profitability and crisis, though I wonder if the organization of the book could be better.