The theory of monopoly capital is central to any satisfactory
analysis of accumulation and stagnation in advanced capitalist
economies. This major new book presents in one volume recent
discussions of monopoly capitalism to emphasize the centrality and
vitality of this tradition in modern political economy.Following
the work of Kalecki, Steindl and Baran and Sweezy, a number of
leading economists address key issues such as the calculation of
the economic surplus, the division of income between labour and
capital, oligopoly collusion over output and pricing, the growth of
unproductive activity, the degree of monopoly, surplus absorption
and stagnation and the history of the present crisis.
General
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