Theory of Monopoly Capitalism
While orthodox economics takes account of the preeminent role of the giant, monopolistic corporation under capitalism only in passing, John Bellamy 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.
What people are saying - Write a review
We haven't found any reviews in the usual places.
The Economic Surplus Concept
and Marxian Value Theory
8 other sections not shown
Other editions - View all
according accumulation actual analysis approach argued argument assuming Baran and Sweezy basic become capacity capacity utilization capitalist chapter classical competition concept consumption corporate costs countries crisis critical demand dependent determined direct economic surplus effect entire estimates excess existing exploitation fact factor falling firms Foster given growth Hence historical Ibid imperialism important income increase indicated industry interest International investment issue John Kalecki labor limited logic Magdoff Marx Marx's Marxian Marxist means ment Monopoly Capital Monthly Review Press necessary needs notion output Paul percent period planned Political Economy possible potential present problem production profits question reason relation relative respect result rise sense social society spending stagnation structure surplus value Sweezy's Szlajfer theoretical theorists theory third tion underdeveloped unemployment United unproductive utilization wages waste whole York