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.
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More or less what I expected - bought for historic slant. By modern standards, rather outdated
Supposed to be ultra left wing but could have been written by any Times writer. Little analysis and too much description. What analysis there is tends to be semi Marxian dogma
Supposed to be ultra left wing but could have been written by any Times writer. Little analysis and too much description. What analysis there is tends to be semi Marxian dogma
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