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Synopsis
This is the fourth in the magisterial series of essays by the former editors of Monthly Review on the state of the U.S. economy and its relation to the global system. Like its predecessors, this volume focuses on the development of U.S. capitalism as it takes place, and covers the years of the 1980s. The authors stress the profound contradictions of the underlying processes of capital accumulation and identify, before any other economic commentators, the immense implications of the use of the explosion of debt to attempt to solve the problems presented by the underlying stagnation in the real economy.
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About the Author
Harry Magdoff has been a co-editor of Monthly Review since 1969 and is the author of The Age of Imperialism and Imperialism: From the Colonial Age to the Present.
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- Publishermonthly review press
- Publication date2009
- ISBN 10 0853457158
- ISBN 13 9780853457152
- BindingPaperback
- Number of pages212
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