000			03109cam a2200253 i 4500
999			_c24299 _d24299
010			_a2014011332
020			_a9781583674420
020			_a1583674411
020			_a9781583674420
020			_a158367442X
082	0	0	_a330.12/2
100	1		_aFoster, John Bellamy. _946813
245	1	4	_aThe theory of monopoly capitalism : _ban elaboration of Marxian political economy / _cJohn Bellamy Foster.
300			_axlviii, 280 p. ; _c22 cm.
500			_aFirst published by Monthly Review Press 1986.
504			_aIncludes bibliographical references and index.
520			_a"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. "--
650		0	_aCapitalism. _92786
650		0	_aMarxian economics. _946814
856			_uhttps://uowd.box.com/s/dwwl7wpag5q1dnxa8tb3j6ubfj3sh1ah _zLocation Map