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Book Synopsis
This is the first systematic discussion of the Marxian political economy of Paul Baran, Paul Sweezy, Harry Magdoff, and Samir Amin. John Foster explains their theoretical contributions and situates these in the context of on-going debates on economic theory. While orthodox economics takes account of the preeminent role of the giant, monopolistic corporation under capitalism only in passing, John Bellamy Foster's new study belongs to a distinguished tradition in Marxian social science which sees the rise of concentrated capital as the fundamental aspect of accumulation in the twentieth century, accounting for the tendency toward economic stagnation, helping to explain the growth of militarism and imperialism, and complicating the problem of radical social transformation. In this analysis of recent debates in Marxian political economy-the first to provide a sympathetic and thorough treatment of the pioneering work of Baran and Sweezy in particular-Foster focuses on the debates surroundin

The Theory of Monopoly Capitalism An Elaboration of Marxian Political Economy

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    A Paperback by Paul M. Sweezy

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      View other formats and editions of The Theory of Monopoly Capitalism An Elaboration of Marxian Political Economy by Paul M. Sweezy

      Publisher: Monthly Review Press,U.S.
      Publication Date: 5/25/1989
      ISBN13: 9780853456896, 978-0853456896
      ISBN10: 0853456895
      Also in:
      Economic theory and philosophy

      Description

      Book Synopsis
      This is the first systematic discussion of the Marxian political economy of Paul Baran, Paul Sweezy, Harry Magdoff, and Samir Amin. John Foster explains their theoretical contributions and situates these in the context of on-going debates on economic theory. While orthodox economics takes account of the preeminent role of the giant, monopolistic corporation under capitalism only in passing, John Bellamy Foster's new study belongs to a distinguished tradition in Marxian social science which sees the rise of concentrated capital as the fundamental aspect of accumulation in the twentieth century, accounting for the tendency toward economic stagnation, helping to explain the growth of militarism and imperialism, and complicating the problem of radical social transformation. In this analysis of recent debates in Marxian political economy-the first to provide a sympathetic and thorough treatment of the pioneering work of Baran and Sweezy in particular-Foster focuses on the debates surroundin

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