Things Fall Apart: From the Crash of 2008 to the Great Slump

This book attempts at understanding the structural roots and continuing consequences of the crisis set in motion by the crash of financial markets in 2008. Explaining the structure and balance of class forces that led to the crisis and its unfolding consequences, it places the crisis in both historical and global perspectives.

Making comparisons with the Great Depression, it analyzes the role of the hegemony of the dollar over the international financial system. It argues that the crisis is as much a crisis of the neoliberal model of accumulation that finance launched as it is of the mechanisms by which dollar hegemony was preserved.