Magdoff, Harry,

Stagnation and the financial explosion / essays by Harry Magdoff and Paul M. Sweezy. - New York : Monthly Review Press, 1987. - 208 pages : graphs and charts ; 21 cm

I. Stagnation : Why stagnation? -- Listen, Keynesians -- Supply-side theory and capital investment -- Unemployment: the failure of private enterprise -- The strange recovery of 1983-1984 -- The alternative to stagnation. II. Production and finance : Production and finance -- The federal deficit: the real issues -- Money out of control -- The deficit, the debt, and the real world -- The financial explosion. III. The United States and the global economy : The regime of capital -- International finance and national power -- The two faces of third world debt -- Third world debt: past and present -- Questions for the peace movement.

"This is the fourth in a continuing series of collected essays by the editors of Monthly Review on the state of the U.S. economy and its relation to the global system. Like its predecessors — The End of Prosperity (1977), The Dynamics of U.S. Capitalism (1979), and The Deepening Crisis of U.S. Capitalism (1980) — this latest 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." -- From the back cover.

0853457166 : $24.00 0853457158 (pbk.) : $8.00

86033129


Unemployment--Effect of inflation on--United States.
Capitalism--United States.
Marxian economics.


United States--Economic conditions--1981-2001.
United States--Economic policy--1981-1993.

HC 106.8 / .M315 1987

330.973/0927