Stagnation and the Financial Explosion Essays By Harry Magdoff and Paul M. Sweezy

This is the fourth in a continuing series of collected 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 most recent phase of the development of U.S. capitalism, stressing the profound contradictions of the underlying processes of capital accumulation and pointing the way to the fundamental reforms that are the essential precondition for a real economic revival.

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.

By Harry Magdoff And Paul M. Sweezy. Essays Published In Monthly Review, June 1982-june 1986. Includes Bibliographical References.