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Profit, Accumulation, and Crisis in Capitalism
- Long-term Trends in the UK, US, Japan, and China, 1855–2018
Af: Minqi Li
Engelsk
Bogcover for Profit, Accumulation, and Crisis in Capitalism af Minqi Li, 9780367179786
Specifikationer
Sprog:
Engelsk
Sider:
154
ISBN-13:
9780367179786
Indbinding:
Hardback
ISBN-10:
0367179784
Kategori:
Udg. Dato:
12 feb 2020
Størrelse i cm:
14,4 x 22,3 x 1,6
Oplagsdato:
12 feb 2020
Forfatter(e):

Profit, Accumulation, and Crisis in Capitalism

- Long-term Trends in the UK, US, Japan, and China, 1855–2018
Af: Minqi Li
Engelsk
Hardback 2020
Format:

Bog beskrivelse

Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx’s and Wallerstein’s hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the twentieth century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx’s original hypothesis may be verified by the global economic events in the twenty-first century.

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Specifikationer
Sprog:
Engelsk
Sider:
154
ISBN-13:
9780367179786
Indbinding:
Hardback
ISBN-10:
0367179784
Kategori:
Udg. Dato:
12 feb 2020
Størrelse i cm:
14,4 x 22,3 x 1,6
Oplagsdato:
12 feb 2020
Forfatter(e):
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