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Faltering Economy

Faltering Economy

The Problem of Accumulation under Monopoly Capitalism

by John Bellamy Foster
Paperback
Publication Date: 01/01/1984

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The essays in this volume, by veteran economists as well as younger scholars, are part of a radical attempt to grapple with the problems of advanced capitalist development without discarding the real theoretical breakthroughs made by Keynes. The contributors argue that Keynes was correct in pointing to the economic contradictions stemming from unemployment, income inequality, and speculative finance, but failed to consider the class composition of social output, the macroeconomic effects of the modern firm, and the atrophy of investment under conditions of capitalist maturity. They thus seek to uncover the sources of stagnation under monopoly capitalism by building on the work of three of the great economists of modern times: Marx, Keynes, and Kalecki.

ISBN:
9780853456049
9780853456049
Category:
Political economy
Format:
Paperback
Publication Date:
01-01-1984
Language:
English
Publisher:
New York University Press
Country of origin:
United States
Dimensions (mm):
228.6x152.4mm
Weight:
0.45kg
John Bellamy Foster

John Bellamy Foster is professor of sociology at the University of Oregon and editor of Monthly Review.

He has written many books including The Robbery of Nature (with Brett Clark) and The Return of Nature which won the Deutscher Memorial prize.

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