Monopoly Capital: An Essay on the American Economic and Social Order

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NYU Press, 1966 - Business & Economics - 402 pages
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This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. “This book… deals with a vital area of economics, has a unique approach, is stimulating and well written. It represents the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism.” — Howard J. Sherman, American Economic Review
 

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Contents

The Tendency of Surplus to Rise
52
Capitalists
79
Selected Financial Data for Nonfinancial
103
the Sales Effort
112
Government Spending 19031959
126
Civilian Government
142
Share of Corporate Profits in National Income
148
Militarism
178
Monopoly Capitalism and Race Relations
249
Emigration of Negroes from Eleven Former
253
White and Nonwhite Unemployment 19401962
261
Nonwhite Employment in Government 19401962
269
On the Quality of Monopoly Capitalist Society
281
The Irrational System
336
Estimating the Economic Surplus
369
14
381

Subsidiaries of Standard
195
On the History of Monopoly Capitalism
218
Annual Averages
227
Capacity Utilization 19201929
241
Capacity Utilization and Unemployment 19501963
247
Elements of Profit Income in Economic Surplus
385
112
388
Subject Index
395
257
399
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