Accumulation & Power: An Economic History of the United StatesAccumulation and Power analyses America's economic development across three great waves of economic expansion: the Grand Traverse 1850-1900, the New Era 1916-1929 and the Great Postwar Boom, 1945-1972. Drawing on the work of Keynes, Schumpeter, Marx it departs radically from the "new economic history" model, focusing instead on capitalist decision making and its social consequences. It argues that the accumulation process is far more important than competitive markets in explaining resource allocation and growth. This innovative book is essential reading for all students and scholars of American economic history. |
Contents
ACCUMULATION AND THE CHANGING | 11 |
THE GRAND TRAVERSE OF THE AMERICAN | 28 |
THE NEW AGE OF MONOPOLIZATION 18751902 | 43 |
Copyright | |
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Accumulation and Power: Economic History of the United States Richard B. DuBoff Limited preview - 2016 |
Common terms and phrases
abroad accumulation administration aggregate demand American annual antitrust assets average banking began billion Boff business cycle capacity capitalist Census century Chandler changes commercial companies competition conglomerate consumer consumption corporate costs debt decade decline dollar economic growth efficiency electrical enterprise equipment expansion expenditures Federal Reserve firms foreign investment free market full employment funds Gallman Gordon gross imports income increase inflation junk bonds labor force largest late levels leveraged buyouts machinery macroeconomic manufacturing ment merchandise merger movement military Keynesianism military spending oligopolistic oligopoly output percent of GNP political postwar President 1988 production profits railroads ratio Reagan Reaganomics recession rise sector share Sherman social steel structure Table technologies tion trade deficits U.S. Bureau U.S. Congress U.S. economic U.S. foreign U.S. President U.S. Steel unemployment United wages workers