Profit, Accumulation, and Crisis in Capitalism

Download Profit, Accumulation, and Crisis in Capitalism PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 0429602774
Total Pages : 143 pages
Book Rating : 4.4/5 (296 download)

DOWNLOAD NOW!


Book Synopsis Profit, Accumulation, and Crisis in Capitalism by : Minqi Li

Download or read book Profit, Accumulation, and Crisis in Capitalism written by Minqi Li and published by Routledge. This book was released on 2020-01-31 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx’s and Wallerstein’s hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the twentieth century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx’s original hypothesis may be verified by the global economic events in the twenty-first century.

Profit, Accumulation, and Crisis in Capitalism

Download Profit, Accumulation, and Crisis in Capitalism PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 9780429058813
Total Pages : 154 pages
Book Rating : 4.0/5 (588 download)

DOWNLOAD NOW!


Book Synopsis Profit, Accumulation, and Crisis in Capitalism by : Minqi Li

Download or read book Profit, Accumulation, and Crisis in Capitalism written by Minqi Li and published by Routledge. This book was released on 2020 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the 20th century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx's original hypothesis may be verified by the global economic events in the 21st century"--

U.S. Capitalism in Crisis

Download U.S. Capitalism in Crisis PDF Online Free

Author :
Publisher : Monthly Review Press
ISBN 13 :
Total Pages : 368 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!


Book Synopsis U.S. Capitalism in Crisis by : Union for Radical Political Economics. Crisis Reader Editorial Collective

Download or read book U.S. Capitalism in Crisis written by Union for Radical Political Economics. Crisis Reader Editorial Collective and published by Monthly Review Press. This book was released on 1978 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Crises of Global Economy and the Future of Capitalism

Download Crises of Global Economy and the Future of Capitalism PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1135101655
Total Pages : 354 pages
Book Rating : 4.1/5 (351 download)

DOWNLOAD NOW!


Book Synopsis Crises of Global Economy and the Future of Capitalism by : Kiichiro Yagi

Download or read book Crises of Global Economy and the Future of Capitalism written by Kiichiro Yagi and published by Routledge. This book was released on 2013-01-04 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.

Money, Accumulation and Crisis

Download Money, Accumulation and Crisis PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 1136462988
Total Pages : 71 pages
Book Rating : 4.1/5 (364 download)

DOWNLOAD NOW!


Book Synopsis Money, Accumulation and Crisis by : D. Foley

Download or read book Money, Accumulation and Crisis written by D. Foley and published by Taylor & Francis. This book was released on 2013-07-04 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Economic Crisis and Crisis Theory

Download Economic Crisis and Crisis Theory PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1000161218
Total Pages : 179 pages
Book Rating : 4.0/5 (1 download)

DOWNLOAD NOW!


Book Synopsis Economic Crisis and Crisis Theory by : Paul Mattick Jr.

Download or read book Economic Crisis and Crisis Theory written by Paul Mattick Jr. and published by Routledge. This book was released on 2020-09-23 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynesian economics claimed to have overcome the problem of economic depressions. However, as Mattick argues that crises are inherent within capitalism and that neither the market nor Keynesianism can stop "the steady deterioration of the economy". Written in 1974, Economic Crisis and Crisis Theory is one of Mattick's most valuable contributions to the Marxist critique of political economy and radical theory in general.

The Theory of Accumulation

Download The Theory of Accumulation PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 9811679053
Total Pages : 315 pages
Book Rating : 4.8/5 (116 download)

DOWNLOAD NOW!


Book Synopsis The Theory of Accumulation by : Nobuo Okishio

Download or read book The Theory of Accumulation written by Nobuo Okishio and published by Springer Nature. This book was released on 2022-01-18 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book treats the mechanisms of growth and cycles in capitalist economies in a unified manner, incorporating a highly original macro-dynamic theory based on Marxian micro-foundations and historical perspectives. That theory was developed about 50 years ago by Nobuo Okishio (1927–2003) and included the ideas of Keynes and Harrod. In mainstream economics, it used to be standard to analyse long-term economic growth and business cycles in different frameworks. That approach has been changing recently, but it still tends to be common to discuss them separately. At the outbreak of the global financial crisis of 2007–2008 and the prolonged stagnation that followed, there was strong criticism among policymakers and businesspeople that mainstream macroeconomics failed to provide convincing explanations and effective policy recommendations. This book offers an alternative perspective that responds to those criticisms. All these macroeconomic difficulties call for new wisdom beyond the limited neoclassical framework. The sharp, wise thoughts of Okishio will add new tools for young researchers worldwide to meet the challenges of the current resource misallocation, the Great Recession and the Lost Decades problems. Okishio proposes a historical perspective for the capitalist system, first. He argues that production relations are conditioned by productive force. The former should evolve as the latter improves, and the latter should evolve in order for human society to survive. While reproduction is indispensable for the economy to continue in any production relations, it takes a specific form in capitalist economy. He next shows that the existence of profit requires the exploitation of the labourer. This is called the Fundamental Marxian Theorem. He also shows a trade-off relationship between the real wage rate and the profit rate. In his theory, the real wage rate is determined to clear commodity markets in the short run as in the Keynesian theory, while Marx believed that the real wage rate is given at subsistence level or is influenced by the labour market. Okishio attributes the origin of the business cycle to labourers’ under-consumption and private capitalists’ dispersive decision of accumulation. The former is caused by exploitation, and the latter is based on the capitalist class’s private ownership of the means of production. Both are derived from the nature of the capitalist economy. He argues lastly that, in the long term, the development of productive force through the business cycle will transform the production relation into a new economic system.

Profit and Crises

Download Profit and Crises PDF Online Free

Author :
Publisher : Heinemann Educational Publishers
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Profit and Crises by : Arghiri Emmanuel

Download or read book Profit and Crises written by Arghiri Emmanuel and published by Heinemann Educational Publishers. This book was released on 1984 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Accumulating Capital Today

Download Accumulating Capital Today PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1000334937
Total Pages : 230 pages
Book Rating : 4.0/5 (3 download)

DOWNLOAD NOW!


Book Synopsis Accumulating Capital Today by : Marlène Benquet

Download or read book Accumulating Capital Today written by Marlène Benquet and published by Routledge. This book was released on 2021-01-30 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the renewal of forms of capital accumulation and the institutions that shape it. It focuses on three main sources of accumulation: the extraction of profit through labor and the commodification of nature, financial speculation and the ways in which profit is converted into wealth. It thus offers a new understanding of the economic and political logics of capital accumulation within capitalism in the 21st century. It shows the recomposition of the sources of profit, from the traditional mechanisms of labor exploitation to the contemporary logics of speculation and dispossession. Bringing together the work of scholars who study the social fabric of capitalist accumulation, Accumulating Capital Today goes beyond disciplinary frontiers to describe how capital is accumulating in a world threatened by social and environmental collapse. This book heralds the emergence of "accumulation studies" and will be of interest to researchers in sociology, anthropology, politics, political economy, geography and economics.

World in Crisis

Download World in Crisis PDF Online Free

Author :
Publisher : Haymarket Books
ISBN 13 : 1608461882
Total Pages : 478 pages
Book Rating : 4.6/5 (84 download)

DOWNLOAD NOW!


Book Synopsis World in Crisis by : Guglielmo Carchedi

Download or read book World in Crisis written by Guglielmo Carchedi and published by Haymarket Books. This book was released on 2018-10-01 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most mainstream economists view capitalism’s periodic breakdowns as nothing more than temporary aberrations from an otherwise unbroken path toward prosperity. For Marxists, this fundamental flaw has long been acknowledged as a central feature of the free-market system. This groundbreaking volume brings together Marxist scholars from around the world to offer an empirically grounded defense of Marx’s law of profitability and its central role in explaining capitalist crises. “World in Crisis has a specific aim: to provide empirical validity to the hypothesis that the cause of recurring economic crises or slumps in output, investment, and employment in modern economies can be found in Marx’s law of the tendential fall in the rate of profit. Marx believed, and we agree, that this is ‘the most important law in political economy.’” —from the preface

Social Structures of Accumulation

Download Social Structures of Accumulation PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521459044
Total Pages : 340 pages
Book Rating : 4.4/5 (59 download)

DOWNLOAD NOW!


Book Synopsis Social Structures of Accumulation by : David M. Kotz

Download or read book Social Structures of Accumulation written by David M. Kotz and published by Cambridge University Press. This book was released on 1994-08-26 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

The Accumulation of Capital

Download The Accumulation of Capital PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 113440820X
Total Pages : 581 pages
Book Rating : 4.1/5 (344 download)

DOWNLOAD NOW!


Book Synopsis The Accumulation of Capital by : Rosa Luxemburg

Download or read book The Accumulation of Capital written by Rosa Luxemburg and published by Routledge. This book was released on 2015-05-21 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rosa Luxemburg was a revolutionary socialist who fought and died for her beliefs. In January 1919, after being arrested for her involvement in a workers' uprising in Berlin, she was brutally murdered by a group of right-wing soldiers. Her body was recovered days later from a canal. Six years earlier she had published what was undoubtedly her finest

The Economic Crisis and American Society

Download The Economic Crisis and American Society PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 1400853478
Total Pages : 301 pages
Book Rating : 4.4/5 (8 download)

DOWNLOAD NOW!


Book Synopsis The Economic Crisis and American Society by : Manuel Castells

Download or read book The Economic Crisis and American Society written by Manuel Castells and published by Princeton University Press. This book was released on 2014-07-14 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a hard look at the crisis afflicting Western economies in recent years, Manuel Castells suggests that the very structures that fostered economic growth since 1945 are the same structures that are now undermining these economics. Pinpointing the new forms of the capitalist mode of production and the contradictory nature of its class relations as the root of the problem, he offers a comprehensive critique of American society and its economy. Originally published in 1980. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Nature of Capitalist Crisis

Download The Nature of Capitalist Crisis PDF Online Free

Author :
Publisher : London : V. Gollancz
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (34 download)

DOWNLOAD NOW!


Book Synopsis The Nature of Capitalist Crisis by : John Strachey

Download or read book The Nature of Capitalist Crisis written by John Strachey and published by London : V. Gollancz. This book was released on 1935 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The argument of this book compares and contrasts the principal existing explanations of the occurrence of economic crisis; submits reasons fro rejecting all except one of these explanations [the Marxian]"--Pref. pt. 1. Capitalist theories of crisis.- pt. 2. From political economy to economics.- pt. 3. The labour theory of value.- pt. 4. Marx's theory of capitalist crisis.- pt. 5. The theory applied.

Twilight Capitalism

Download Twilight Capitalism PDF Online Free

Author :
Publisher : Fernwood Publishing
ISBN 13 : 1773634569
Total Pages : 322 pages
Book Rating : 4.7/5 (736 download)

DOWNLOAD NOW!


Book Synopsis Twilight Capitalism by : Murray E.G. Smith

Download or read book Twilight Capitalism written by Murray E.G. Smith and published by Fernwood Publishing. This book was released on 2021-04-10T00:00:00Z with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-first-century capitalism has little more to offer than a menu of despair: pandemics, deepening inequality, worsening depression, runaway climate change, intensifying authoritarianism and escalating militarism. Twilight Capitalism offers a wide-ranging analysis of the origins, implications and scope of the “combined” social crisis of 2020 and beyond. A compelling case is made that Karl Marx’s critical analysis of capitalism, along with his program of class-struggle socialism, is essential to understanding and addressing the most important social, economic and ecological problems of our time.

Capitalist Development and Crisis Theory: Accumulation, Regulation and Spatial Restructuring

Download Capitalist Development and Crisis Theory: Accumulation, Regulation and Spatial Restructuring PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1349199605
Total Pages : 414 pages
Book Rating : 4.3/5 (491 download)

DOWNLOAD NOW!


Book Synopsis Capitalist Development and Crisis Theory: Accumulation, Regulation and Spatial Restructuring by : Mark Gottdeiner

Download or read book Capitalist Development and Crisis Theory: Accumulation, Regulation and Spatial Restructuring written by Mark Gottdeiner and published by Springer. This book was released on 1989-06-12 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays looks at recent developments in the crisis theory of capitalist development and relates such theories directly to the current patterns of economic, political technological and cultural changes associated with societal restructuring in industrialized countries.

Contemporary Capitalism and Its Crises

Download Contemporary Capitalism and Its Crises PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 0521515165
Total Pages : 375 pages
Book Rating : 4.5/5 (215 download)

DOWNLOAD NOW!


Book Synopsis Contemporary Capitalism and Its Crises by : Terrence McDonough

Download or read book Contemporary Capitalism and Its Crises written by Terrence McDonough and published by Cambridge University Press. This book was released on 2010-01-11 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the "neoliberal," or "free-market," form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the U.S. economy as well as that of several parts of the developing world.