Faltering Economy - Softcover

Foster, John Bellamy

Softcover

ISBN 10: 0853456046 ISBN 13: 9780853456049

Publisher: Monthly Review Press, 1984

Synopsis

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.

About this title

About the Author:

John Bellamy Foster is editor of Monthly Review. He is professor of sociology at the University of Oregon and author of The Great Financial Crisis (with Fred Magdoff), The Ecological Rift and Critique of Intelligent Design (both with Brett Clark and Richard York), The Ecological Revolution, Ecology Against Capitalism, Marx’s Ecology, and The Vulnerable Planet.

About this edition

• Publisher: Monthly Review Press
• Publication date: 1984
• ISBN 10: 0853456046
• ISBN 13: 9780853456049
• Binding: Paperback
• Number of pages: 360