The Falling Rate of Profit in the Postwar United States Economy
Author : Fred Moseley
Publisher :
Page : 238 pages
File Size : 48,41 MB
Release : 1991
Category : Business & Economics
ISBN :
Author : Fred Moseley
Publisher :
Page : 238 pages
File Size : 48,41 MB
Release : 1991
Category : Business & Economics
ISBN :
Author : Fred Moseley
Publisher : Springer
Page : 226 pages
File Size : 49,98 MB
Release : 1991-06-18
Category : Political Science
ISBN : 1349123536
Presents an empirical test of Marx's theory of the "falling rate of profit" by deriving estimates of the Marxian rate of profit and its determinants for the post-World War II US economy in order to determine whether the trends in these variables were in the directions predicted by Marx's theory.
Author : Peter H. Jones
Publisher : BRILL
Page : 272 pages
File Size : 43,3 MB
Release : 2021-04-06
Category : Political Science
ISBN : 9004398325
In The Falling Rate of Profit and the Great Recession of 2007-2009, Peter H. Jones develops a new non-equilibrium interpretation of the labour theory of value Karl Marx builds in Capital. Applying this to US national accounting data, Jones shows that when measured correctly the profit rate falls in the lead up to the Great Recession, and for the main reason Marx identifies: the rising organic composition of capital. Jones also details a new theory of finance, which shows how cycles in the profit rate relate to stock market booms and slumps, and movements in the interest rate. He discusses the implications of the analysis and Marx and Engels’ work generally for a democratic socialist strategy.
Author : David M. Kotz
Publisher : Cambridge University Press
Page : 340 pages
File Size : 48,93 MB
Release : 1994-08-26
Category : Business & Economics
ISBN : 9780521459044
The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.
Author : Stephen Broadberry
Publisher : Cambridge University Press
Page : 363 pages
File Size : 37,72 MB
Release : 2005-09-29
Category : History
ISBN : 1139448358
This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
Author : Alfred Klienknecht
Publisher : Springer
Page : 355 pages
File Size : 30,54 MB
Release : 1993-02-12
Category : Business & Economics
ISBN : 1349224502
This book presents new methods for the analysis of time series and the identification of long waves. In Part One it is shown that new time series analyses confirm the existence of Kondratieff long waves in economic growth for the 19th and 20th centuries. Part Two presents evidence on long waves in aggregate profit rates for selected major industrialized countries. Part Three covers theoretical discussions and attempts at modeling social, economic and technological factors in long waves.
Author : Robert Brenner
Publisher : Verso
Page : 412 pages
File Size : 24,33 MB
Release : 2006-08-17
Category : Business & Economics
ISBN : 9781859847305
A commanding survey of the world economy from 1950 to the present, from the author of the acclaimed The Boom and the Bubble.
Author : Simon Clarke
Publisher : Springer
Page : 301 pages
File Size : 22,97 MB
Release : 2016-07-27
Category : Social Science
ISBN : 134923186X
The theory of crisis has always played a central role within Marxism, and yet has been one of its weakest elements. Simon Clarke's important new book provides the first systematic account of Marx's own writings on crisis, examining the theory within the context of Marx's critique of political economy and of the dynamics of capitalism. The book concentrates on the scientific interpretation and evaluation of the theory of crisis, and will be of interest to mainstream economists, as well as to sociologists, political scientists and students of Marx and Marxism.
Author : Murray E.G. Smith
Publisher : Fernwood Publishing
Page : 322 pages
File Size : 21,72 MB
Release : 2021-04-10T00:00:00Z
Category : Political Science
ISBN : 1773634569
Twenty-first-century capitalism has little more to offer than a menu of despair: pandemics, deepening inequality, worsening depression, runaway climate change, intensifying authoritarianism and escalating militarism. Twilight Capitalism offers a wide-ranging analysis of the origins, implications and scope of the “combined” social crisis of 2020 and beyond. A compelling case is made that Karl Marx’s critical analysis of capitalism, along with his program of class-struggle socialism, is essential to understanding and addressing the most important social, economic and ecological problems of our time.
Author : Chris Harman
Publisher : Haymarket Books
Page : 426 pages
File Size : 40,58 MB
Release : 2010
Category : Business & Economics
ISBN : 1608461041
We've been told for years that the capitalist free market is a self-correcting perpetual growth machine in which sellers always find buyers, precluding any major crisis in the system. Then the credit crunch of August 2007 turned into the great crash of September–October 2008, leading one apologist for the system, Willem Buiter, to write of "the end of capitalism as we knew it." As the crisis unfolded, the world witnessed the way in which the runaway speculation of the "shadow" banking system wreaked havoc on world markets, leaving real human devastation in its wake. Faced with the financial crisis, some economic commentators began to talk of "zombie banks"–financial institutions that were in an "undead state" and incapable of fulfilling any positive function but a threat to everything else. What they do not realize is that twenty-first century capitalism as a whole is a zombie system, seemingly dead when it comes to achieving human goals.