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Labor And Monopoly Capital
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Download or read book Monopoly Capital written by Paul A. Baran and published by NYU Press. This book was released on 1966 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay on the capitalist economy of the USA - covers corporation structure and giant entrepreneurship, generation and absorption of surplus profit, consumption, investment, historical and political aspects of monopoly, defence policy, etc., and includes sociological aspects, the standard of living and intergroup relations. References.
Book Synopsis Manufacturing Consent by : Michael Burawoy
Download or read book Manufacturing Consent written by Michael Burawoy and published by University of Chicago Press. This book was released on 2012-10-15 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1930s, industrial sociologists have tried to answer the question, Why do workers not work harder? Michael Burawoy spent ten months as a machine operator in a Chicago factory trying to answer different but equally important questions: Why do workers work as hard as they do? Why do workers routinely consent to their own exploitation? Manufacturing Consent, the result of Burawoy's research, combines rich ethnographical description with an original Marxist theory of the capitalist labor process. Manufacturing Consent is unique among studies of this kind because Burawoy has been able to analyze his own experiences in relation to those of Donald Roy, who studied the same factory thirty years earlier. Burawoy traces the technical, political, and ideological changes in factory life to the transformations of the market relations of the plant (it is now part of a multinational corporation) and to broader movements, since World War II, in industrial relations.
Book Synopsis The Theory of Monopoly Capitalism by : John Bellamy Foster
Download or read book The Theory of Monopoly Capitalism written by John Bellamy Foster and published by NYU Press. This book was released on 2014-04-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marx’s work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulated—as a result of their pricing power, massive sales efforts, and other factors—could not be profi tably invested back into the economy. Absent any “epoch making innovations” like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation—a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or “accumulation on a world scale,” overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy’s Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered “lost” chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezy’s analysis of the fi nancialization of the economy in the 1970s, ‘80s, and ‘90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of today’s monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself.
Book Synopsis Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value by : Samir Amin
Download or read book Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value written by Samir Amin and published by NYU Press. This book was released on 2018-02-22 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complete collection of Samir Amin's work on Marxism value theory Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.
Book Synopsis Representing Capital by : Fredric Jameson
Download or read book Representing Capital written by Fredric Jameson and published by Verso Books. This book was released on 2014-01-07 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Representing Capital, Fredric Jameson’s first book-length engagement with Marx’s magnum opus, is a unique work of scholarship that records the progression of Marx’s thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown.
Book Synopsis Labour Process Theory by : David Knights
Download or read book Labour Process Theory written by David Knights and published by Springer. This book was released on 2016-07-27 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: How are we to make sense of the way work is organised and controlled? To what extent is its design the result of technological demands, the interests of capital or processes of negotiation and struggle? In recent years labour process analysis, revived by Braverman's Labor and Monopoly Capital , has been most influential in shaping our thinking about this question. With contributions from leading authorities in the field, this book reviews the contribution of the labour process theory to the study of work organisation. Providing a fresh response to criticisms of 'Bravermania' and lost momentum, the volume explores the theoretical foundations of labour process analysis and suggests new directions for its development
Book Synopsis The Invisible Handcuffs of Capitalism by : Michael Perelman
Download or read book The Invisible Handcuffs of Capitalism written by Michael Perelman and published by NYU Press. This book was released on 2011 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economics ignores or distorts the most fundamental aspect of this reality: that the vast majority of people must, out of necessity, labor on behalf of others, transformed into nothing but a means to the end of maximum profits for their employers. The nature of the work we do and the conditions under which we do it profoundly shape our lives. And yet, both of these factors are peripheral to mainstream economics. By sweeping labor under the rug, mainstream economists hide the nature of capitalism, making it appear to be a system based upon equal exchange rather than exploitation inside every workplace.
Book Synopsis Global Capitalism by : Robert J. S. Ross
Download or read book Global Capitalism written by Robert J. S. Ross and published by State University of New York Press. This book was released on 1990-07-05 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have global markets and global manufacturing changed the balance of social, economic and political power? With this volume Ross and Trachte challenge existing political-economic theory. In concise terms they show how traditional theories of monopoly capitalism and world systems are not well-suited to analyze the emergence of global capitalism. This book, in a series of case studies of U.S. metropolitan areas, examines the dramatic transformation of the world economy in the last two decades. The book's last section examines political strategy and the political theory implied by the heightened power of capital.
Book Synopsis Routledge Handbook of Marxism and Post-Marxism by : Alex Callinicos
Download or read book Routledge Handbook of Marxism and Post-Marxism written by Alex Callinicos and published by Routledge. This book was released on 2020-12-29 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past two decades, Marxism has enjoyed a revitalization as a research program and a growth in its audience. This renaissance is connected to the revival of anti-capitalist contestation since the Seattle protests in 1999 and the impact of the global economic and financial crisis in 2007–8. It intersects with the emergence of Post-Marxism since the 1980s represented by thinkers such as Jürgen Habermas, Chantal Mouffe, Ranajit Guha and Alain Badiou. This handbook explores the development of Marxism and Post-Marxism, setting them in dialogue against a truly global backdrop. Transcending the disciplinary boundaries between philosophy, economics, politics and history, an international range of expert contributors guide the reader through the main varieties and preoccupations of Marxism and Post-Marxism. Through a series of framing and illustrative essays, readers will explore these traditions, starting from Marx and Engels themselves, through the thinkers of the Second and Third Internationals (Rosa Luxemburg, Lenin and Trotsky, among others), the Tricontinental, and Subaltern and Post-Colonial Studies, to more contemporary figures such as Huey Newton, Fredric Jameson, Judith Butler, Immanuel Wallerstein and Samir Amin. The Routledge Handbook of Marxism and Post-Marxism will be of interest to scholars and researchers of philosophy, cultural studies and theory, sociology, political economics and several areas of political science, including political theory, Marxism, political ideologies and critical theory.
Book Synopsis Classes in Contemporary Capitalism by : Nicos Poulantzas
Download or read book Classes in Contemporary Capitalism written by Nicos Poulantzas and published by Verso Books. This book was released on 2018-01-01 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nicos Poulantzas’s third major work is a pioneering survey of some of the most fundamental, yet least studied, aspects of the class structure of advanced capitalist societies today. The book starts with a general theoretical essay that for the first time seriously explores the distinction between the “agents” and “positions” of capitalist relations of production, and seeks to avoid the typical errors of either functionalism or historicism. It also provides a polemical reconsideration of the problem of the “nation state” as a political unit today, and its relationship to the internationalization of capital. Finally, and most originally, Poulantzas develops a long and powerful analysis of the much-abused concept of the “petty-bourgeoisie.” In this, he scrupulously distinguishes between the “traditional” categories of petty-bourgeoisie—shopkeepers, artisans, small peasants—and the “new” categories of clerical workers, supervisors, and salaried personnel in modern industry and commerce. At the same time he demonstrates the reasons why a unitary conceptualization of their class position is possible. The difficult question of the definition of “productive” and “unproductive” labor within Marx’s own account of the capitalist mode of production is subjected to a novel and radical reinterpretation. The political oscillations peculiar to each form of petty-bourgeoisie and especially their characteristic reactions to the industrial proletariat, are cogently assessed. Poulantzas ends his work with a reminder that the actions and options of the petty-bourgeoisie are critical to any successful struggle by the working class, which must secure the alliance of important sections of the petty-bourgeoisie if the fateful experience of Chile is not to recur elsewhere tomorrow. Combining empirical and theoretical materials throughout, Classes in Contemporary Capitalism represents a notable achievement in the development of Marxist social science and political thought.
Book Synopsis The Endless Crisis by : John Bellamy Foster
Download or read book The Endless Crisis written by John Bellamy Foster and published by Monthly Review Press. This book was released on 2017-05-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation. This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy—when a handful of large firms dominate one or several industries—leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialization may have provided a temporary respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.
Book Synopsis The Vulnerable Planet by : John Bellamy Foster
Download or read book The Vulnerable Planet written by John Bellamy Foster and published by NYU Press. This book was released on 1999-09 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Rejecting both individualistic solutions and policies that tinker at the margins, John Bellamy Foster calls for a fundamental reorganization of production on a social basis so as to make possible a sustainable and ecological economy." "This revised edition includes a new afterword by the author."--BOOK JACKET.
Book Synopsis Political Economy of Labor Repression in the United States by : Andrew Kolin
Download or read book Political Economy of Labor Repression in the United States written by Andrew Kolin and published by Lexington Books. This book was released on 2016-11-16 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a detailed explanation of the essential elements that characterize capital labor relations and the resulting social conflict that leads to repression of labor. It links repression to the class struggle between capital and labor. The starting point involves an historical approach used to explore labor repression after the American Revolution. What follows is an examination of the role of government along with the growth of American capitalism to analyze capital-labor conflict. Subsequent chapters trace US history during the 19th century to discuss the question of the role assumed by the inclusion/exclusion of capital and labor in political-economic structures, which in turn lead to repression. Wholesale exclusion of labor from a fundamental role in framing policy in these institutions was crucial in understanding the unfolding of labor repression. Repression emerges amid a social struggle to acquire and maintain control over policy-making bodies, which pits the few against the many. In response, labor attempts to push back against institutional exclusion in part by the formation of labor unions. Capital reacts to such actions using repression to prevent labor from having a greater role in social institutions. For instance, this is played out inside the workplace as capital and labor engage in a political struggle over the function of the workplace. Given capital’s monopoly of ownership, capital employs various means to repress labor at work, including the introduction of technology, mass firings, crushing strikes, and the use of force to break up unions. The role of the state is not to be overlooked in its support of elite control over production, as well as aiding through legal means the growth of a capitalist economy in opposition to labor’s conception of greater economic democracy. This book explains how and why labor continues to confront repression in the 20th and 21st centuries.
Book Synopsis Reverse Subsidies in Global Monopsony Capitalism by : Dev Nathan
Download or read book Reverse Subsidies in Global Monopsony Capitalism written by Dev Nathan and published by Cambridge University Press. This book was released on 2022-05-26 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a firm analytical base to discussions about injustice and the unequal distribution of gains from global production in the form of global monopsony capitalism. It utilizes the concept of reverse subsidies as the purchase of gendered labour and environmental services below their costs of production in garment value chains in India and other garment producing countries, such as Bangladesh and Cambodia. Environmental services, such as freshwater for garment manufacture and land for cotton production, are degraded by overuse and untreated waste disposal. The resulting higher profits from the low prices of garments are captured by global brands, using their monopsony position, with few buyers and myriad sellers, in the market. This book links the concept of reverse subsidies with those of injustice, inequality and sustainability in global production.
Book Synopsis In Defense of History; Marxism and the Postmodern Agenda by : Ellen Meiksins Wood
Download or read book In Defense of History; Marxism and the Postmodern Agenda written by Ellen Meiksins Wood and published by Aakar Books. This book was released on 2006 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Hard-Hitting Critique... Brings Together Fine Essays That Speak Directly To The Underlying Assumptions Of Postmodernism And Offer A Stunning Critique Of Its Usefulness In Both Understanding And Critiquing The Current Historical Epoch. Contemporary Sociology
Download or read book Marxian Economics written by John Eatwell and published by Springer. This book was released on 1990-02-23 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt, concentrating on Marxian economics, from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory.
Book Synopsis Histories of Racial Capitalism by : Justin Leroy
Download or read book Histories of Racial Capitalism written by Justin Leroy and published by Columbia University Press. This book was released on 2021-02-09 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between race and capitalism is one of the most enduring and controversial historical debates. The concept of racial capitalism offers a way out of this impasse. Racial capitalism is not simply a permutation, phase, or stage in the larger history of capitalism—since the beginning of the Atlantic slave trade and the colonization of the Americas, capitalism, in both material and ideological senses, has been racial, deriving social and economic value from racial classification and stratification. Although Cedric J. Robinson popularized the term, racial capitalism has remained undertheorized for nearly four decades. Histories of Racial Capitalism brings together for the first time distinguished and rising scholars to consider the utility of the concept across historical settings. These scholars offer dynamic accounts of the relationship between social relations of exploitation and the racial terms through which they were organized, justified, and contested. Deploying an eclectic array of methods, their works range from indigenous mortgage foreclosures to the legacies of Atlantic-world maroons, from imperial expansion in the continental United States and beyond to the racial politics of municipal debt in the New South, from the ethical complexities of Latinx banking to the postcolonial dilemmas of extraction in the Caribbean. Throughout, the contributors consider and challenge how some claims about the history and nature of capitalism are universalized while others remain marginalized. By theorizing and testing the concept of racial capitalism in different historical circumstances, this book shows its analytical and political power for today’s scholars and activists.
