... the existence and significance of the theoretical articulation of the laws and tendencies of the rate of profit deduced from the sphere of production with Marx’s analysis of monetary and financial ... financial or nonfinancial developments; (3) the codetermination of the timing of the crisis; and, (4) the deepening and widening of the contraction A full treatment of Marx’s analysis of the relationship ... speculations on the destabilizing properties of financial intermediation in The General Theory and elsewhere, Minsky's formulation of the financial instability hypothesis is, in many ways, richer and more...