The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy
The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy - Paperback is backordered and will ship as soon as it is back in stock.
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The Theory of Monopoly Capitalism: An Elaboration of Marxian Politi...
The Theory of Monopoly Capitalism: An Elaboration of Marxian Political Economy - Paperback is backordered and will ship as soon as it is back in stock.
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This is the first systematic discussion of the Marxian political economy of Paul Baran, Paul Sweezy, Harry Magdoff, and Samir Amin. John Foster explains their theoretical contributions and situates these in the context of on-going debates on economic theory. While orthodox economics takes account of the preeminent role of the giant, monopolistic corporation under capitalism only in passing, John Foster’s new study belongs to a distinguished tradition in Marxian social science which sees the rise of concentrated capital as the fundamental aspect of accumulation in the twentieth century, accounting for the tendency toward economic stagnation, helping to explain the growth of militarism and imperialism, and complicating the problem of radical social transformation.
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