Faltering Economy - Softcover

Foster, John Bellamy

Softcover

ISBN 10: 0853456046 ISBN 13: 9780853456049

Publisher: Monthly Review Press,U.S., 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 an editor of Monthly Review and a professor of sociology at the University of Oregon. His previous books on ecology include: The Vulnerable Planet, Marx's Ecology, Hungry for Profit (edited with Fred Magdoff and Frederick Buttel), Ecology Against Capitalism, The Ecological Revolution, The Ecological Rift (with Brett Clark and Richard York), What Every Environmentalist Needs to Know About Capitalism (with Fred Magdoff), Marx and the Earth (with Paul Burkett), and The Robbery of Nature (with Brett Clark).

Edition details

• Publisher: Monthly Review Press,U.S.
• Publication date: 1984
• Language: English
• ISBN 10: 0853456046
• ISBN 13: 9780853456049
• Binding: Paperback
• Number of pages: 360