The Theory of Monopoly Capitalism

Name: The Theory of Monopoly Capitalism
Brand: Monthly Review Press
SKU: 3422536

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3486463The Theory of Monopoly Capitalismhttps://www.gandhi.com.mx/the-theory-of-monopoly-capitalism-9781583674536/phttps://gandhi.vtexassets.com/arquivos/ids/2968502/7eaa32e6-8e4d-40f3-9d54-485efa2228d0.jpg?v=638384699842730000364384MXNMonthly Review PressInStock/Ebooks/In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marxs work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulatedas a result of their pricing power, massive sales efforts, and other factorscould not be profi tably invested back into the economy. Absent any epoch making innovations like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnationa condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or accumulation on a world scale, overlapping with the path-breaking work of Samir Amin in particular.John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezys Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered lost chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezys analysis of the fi nancialization of the economy in the 1970s, 80s, and 90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of todays monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself....3422536The Theory of Monopoly Capitalism364384https://www.gandhi.com.mx/the-theory-of-monopoly-capitalism-9781583674536/phttps://gandhi.vtexassets.com/arquivos/ids/2968502/7eaa32e6-8e4d-40f3-9d54-485efa2228d0.jpg?v=638384699842730000InStockMXN99999DIEbook20149781583674536_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_In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marxs work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulatedas a result of their pricing power, massive sales efforts, and other factorscould not be profi tably invested back into the economy. Absent any epoch making innovations like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnationa condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or accumulation on a world scale, overlapping with the path-breaking work of Samir Amin in particular.John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezys Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered lost chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezys analysis of the fi nancialization of the economy in the 1970s, 80s, and 90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of todays monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself.(*_*)9781583674536_In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marxs work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulatedas a result of their pricing power, massive sales efforts, and other factorscould not be profi tably invested back into the economy. Absent any epoch making innovations like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnationa condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or accumulation on a world scale, overlapping with the path-breaking work of Samir Amin in particular.John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezys Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered lost chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezys analysis of the fi nancialization of the economy in the 1970s, 80s, and 90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of todays monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself....9781583674536_Monthly Review Presslibro_electonico_9c74d26e-0000-365a-9578-7b45d2cb5083_9781583674536;9781583674536_9781583674536John BellamyInglésMéxicohttps://getbook.kobo.com/koboid-prod-public/nyuacademic-epub-f052475d-684e-4843-ab67-c34a058f9548.epub2014-04-01T00:00:00+00:00Monthly Review Press