ABSTRACT

The financial crash of 2008 led to the most severe global capitalist crisis since the 1930s. 1 Addressing our need to understand the roots of the crisis, in 2012 the BBC screened a series by Stephanie Flanders on three of the greatest-ever economists, namely Karl Marx, John Maynard Keynes and Friedrich Hayek. Flanders noted that Marx received much more attention after 2008: when capitalism is in trouble, people take his ideas much more seriously.