Originally published in 1984. At that time many formerly prosperous
regions were becoming impoverished and many former "core" areas
were being demoted to peripheral status. This book considers this
crisis, its nature and manifestations and its implications. It
looks in particular at how the regional crisis affects the
socialist analysis of capitalism and it analyses how the crisis
affects the political outlook and political actions of the working
class in afflicted regions. The theories and analysis put forward
apply throughout the world in both advanced and less developed
countries.
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