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Faltering Economy by John Bellamy Foster

Faltering Economy

by John Bellamy Foster
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Book cover type: Paperback
  • ISBN13: 9780853456049
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Monthly Review Press
  • Publisher Imprint: Monthly Review Press
  • Publication Date:
  • Pages: 360
  • Original Price: GBP 14.95
  • Language: English
  • Edition: N/A
  • Item Weight: 459 grams
  • BISAC Subject(s): Public Policy / Economic Policy

The essays in this volume, by veteran economists as well as younger scholars, are part of a radical attempt to grapple with the problems of advanced capitalist development without discarding the real theoretical breakthroughs made by Keynes. The contributors argue that Keynes was correct in pointing to the economic contradictions stemming from unemployment, income inequality, and speculative finance, but failed to consider the class composition of social output, the macroeconomic effects of the modern firm, and the atrophy of investment under conditions of capitalist maturity. They thus seek to uncover the sources of stagnation under monopoly capitalism by building on the work of three of the great economists of modern times: Marx, Keynes, and Kalecki.

Foster, John Bellamy: - John Bellamy Foster is a Professor Emeritus of Sociology at the University of Oregon and editor of Monthly Review. He has written many books including The Robbery of Nature (with Brett Clark) and The Return of Nature, which won the Deutscher Memorial Prize.

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