Section 1: Crisis Theories
The Debate Among the (Bourgeois) Economists About the Possibility of a General Glut of Commodities
Even before the first general capitalist crisis hit the world market in 1825, a debate occurred among the political economists on whether or not a general glut of commodities was possible. On one side were J.B. Say, James Mill (father of John Stuart Mill), and David Ricardo; on the other side were Simondi de Sismondi and Thomas Robert Malthus
A Critique of Crisis Theory 