Stagnation and the Financial Explosion (Paperback)

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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.

Product Details
ISBN: 9780853457152
ISBN-10: 0853457158
Publisher: Monthly Review Press
Publication Date: January 1st, 1987
Pages: 208
Language: English