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Author: Paul A. Baran
Publisher: NYU Press
ISBN: 0853450730
Category : Business & Economics
Languages : en
Pages : 415
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Book Description
Essay on the capitalist economy of the USA - covers corporation structure and giant entrepreneurship, generation and absorption of surplus profit, consumption, investment, historical and political aspects of monopoly, defence policy, etc., and includes sociological aspects, the standard of living and intergroup relations. References.
Author: Paul A. Baran
Publisher: NYU Press
ISBN: 0853450730
Category : Business & Economics
Languages : en
Pages : 415
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Book Description
Essay on the capitalist economy of the USA - covers corporation structure and giant entrepreneurship, generation and absorption of surplus profit, consumption, investment, historical and political aspects of monopoly, defence policy, etc., and includes sociological aspects, the standard of living and intergroup relations. References.
Author: Harry Braverman
Publisher: New York : Monthly Review Press
ISBN: 9780853453406
Category : Business & Economics
Languages : en
Pages : 484
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Book Description
This widely acclaimed book, first published in 1974, was a classic from its first day in print. Written in a direct, inviting way by Harry Braverman, whose years as an industrial worker gave him rich personal insight into work, Labor and Monopoly Capital overturned the reigning ideologies of academic sociology. This new edition features an introduction by John Bellamy Foster that sets the work in historical and theoretical context, as well as two rare articles by Braverman, "The Degradation of Work in the Twentieth Century" (1975) and "Two Comments" (1976), that add much to our understanding of the book.
Author: John Bellamy Foster
Publisher: NYU Press
ISBN: 1583674411
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
Absent any "epoch making innovations" like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or "accumulation on a world scale," overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy.
Author: Samir Amin
Publisher: NYU Press
ISBN: 1583676570
Category : Political Science
Languages : en
Pages : 248
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Book Description
The complete collection of Samir Amin's work on Marxism value theory Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.
Author: John Bellamy Foster
Publisher: Monthly Review Press
ISBN: 1583676791
Category : Business & Economics
Languages : en
Pages : 239
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Book Description
The days of boom and bubble are over, and the time has come to understand the long-term economic reality. Although the Great Recession officially ended in June 2009, hopes for a new phase of rapid economic expansion were quickly dashed. Instead, growth has been slow, unemployment has remained high, wages and benefits have seen little improvement, poverty has increased, and the trend toward more inequality of incomes and wealth has continued. It appears that the Great Recession has given way to a period of long-term anemic growth, which Foster and McChesney aptly term the Great Stagnation. This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation. The authors point out that increasing monopolization of the economy—when a handful of large firms dominate one or several industries—leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result. Absent powerful stimuli to investment, such as historic innovations like the automobile or major government spending, modern capitalist economies have become increasingly dependent on the financial sector to realize profits. And while financialization may have provided a temporary respite from stagnation, it is a solution that cannot last indefinitely, as instability in financial markets over the last half-decade has made clear.
Author: Michael Burawoy
Publisher: University of Chicago Press
ISBN: 022621771X
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
Since the 1930s, industrial sociologists have tried to answer the question, Why do workers not work harder? Michael Burawoy spent ten months as a machine operator in a Chicago factory trying to answer different but equally important questions: Why do workers work as hard as they do? Why do workers routinely consent to their own exploitation? Manufacturing Consent, the result of Burawoy's research, combines rich ethnographical description with an original Marxist theory of the capitalist labor process. Manufacturing Consent is unique among studies of this kind because Burawoy has been able to analyze his own experiences in relation to those of Donald Roy, who studied the same factory thirty years earlier. Burawoy traces the technical, political, and ideological changes in factory life to the transformations of the market relations of the plant (it is now part of a multinational corporation) and to broader movements, since World War II, in industrial relations.
Author: Jonathan Tepper
Publisher: John Wiley & Sons
ISBN: 1394184069
Category : Business & Economics
Languages : en
Pages : 349
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Book Description
The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Author: V. Upadhyay
Publisher: Routledge
ISBN: 1000483703
Category : Business & Economics
Languages : en
Pages : 269
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Book Description
The present volume makes students and researchers familiar with contemporary issues in global political economy with a focus on the working of global capitalism in the last four to five decades. The volume covers a wide range of issues from conceptual questions to empirical investigation with the aim to promote a critical understanding of the major challenges posed by contemporary capitalism. It contains contributions of leading political economists from India and abroad. The volume will be a significant resource for developing a graduate course in global political economy. This book is co-published with Aakar Books, New Delhi. Taylor & Francis does not sell or distribute the print versions of this book in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.
Author: Cecilia Rikap
Publisher: Routledge
ISBN: 1000368750
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.
Author: Michael Mark Cohen
Publisher:
ISBN: 9781625344014
Category : History
Languages : en
Pages : 0
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Book Description
Between the 1880s and 1920s, a broad coalition of American dissidents, which included rabble-rousing cartoonists, civil liberties lawyers, socialist detectives, union organizers, and revolutionary martyrs, forged a culture of popular radicalism that directly challenged an emergent corporate capitalism. Monopoly capitalists and their allies in govern-ment responded by expanding conspiracy laws and promoting conspiracy theories in an effort to destroy this anti-capitalist movement. The result was an escalating class conflict in which each side came to view the other as a criminal conspiracy. In this detailed cultural history, Michael Mark Cohen argues that a legal, ideological, and representational politics of conspiracy contributed to the formation of a genuinely revolutionary mass culture in the United States, starting with the 1886 Haymarket bombing. Drawing on a wealth of primary sources, The Conspiracy of Capital offers a new history of American radicalism and the alliance between the modern business corporation and national security state through a comprehensive reassessment of the role of conspiracy laws and conspiracy theories in American social movements.
