Declining Profitability and the Evolution of the US Economy
Declining Profitability and the Evolution of the US Economy
A Classical Perspective
Contenu
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.
Informations bibliographiques
janvier 2025, 300 Pages, Routledge Frontiers of Political Economy, Anglais
Taylor and Francis
978-1-032-53817-4