In addition to its ordinary working mechanism named industrial cycles, capitalist economy is also characterised by non-cyclical, more prolonged upward and downward fluctuations that involve far more complex factors. This type of fluctuations is nothing more than a combination of different economic and political events capitalism has been through. Such periods of capitalist development, each having its distinctive characteristics, still contain industrial cycles that consist of boom and crisis phases. Therefore, the existence of such long-term fluctuations does not invalidate the Marxist...