In this seminal book, Alain Lipietz, one of France's most
distinguished Marxist economists, explores the role of money and
credit in the causes of the 1980s world slump.
Lipietz presents a cogent and convincing argument that traditional
Marxist economics has concentrated too heavily on the production
process at the price of ignoring day-to-day forms of capitalist
commerce--money and commodities.
"The Enchanted World" will be of interest to all students of
economics concerned with the vicissitudes of the world recession.
It also presents a readable introduction to the work of the
renowned "regulation school" of French economics offering a concise
explanation of its emphasis on the structural forms within which
accumulation takes place.
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