There's a great book called The Long Depression which offers a Marxian analysis of these boom bust cycles. It basically boils down to Marx's Law of Profitabili

There's a great book called The Long Depression which offers a Marxian analysis of these boom bust cycles. It basically boils down to Marx's Law of Profitability, where the rate of profitability tends to fall as investment in fixed capital increases: https://en.m.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall https://en.m.wikipedia.org/wiki/Tendency_of_the_rate_of_prof...