Declining profitability and the evolution of the us economy: a classical perspective
Auteur :
Mejorado, Ascension / Roman, Manuel
Éditeur :
Taylor & Francis Ltd
ISBN :
9781032538174
Date de publication :
30 janv. 2025
Dimensions :
23,4 x 15,6 cm
Poids :
571 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
The 1970s were a pivotal decade for the US economy. This book argues that the persistent fall in profitability, leading to the stagflation crisis, was a direct result of the transition from the Fordist phase of capital accumulation, based on large-scale manufacturing, to the neoliberal phase and the rising power of finance.