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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, 9781032337074
Specifikationer
Sprog:
Engelsk
Sider:
168
ISBN-13:
9781032337074
Indbinding:
Paperback
ISBN-10:
1032337079
Udg. Dato:
13 jun 2022
Størrelse i cm:
21,6 x 13,8
Oplagsdato:
13 jun 2022
Forfatter(e):

Profit, Accumulation, and Crisis in Capitalism

- Long-term Trends in the UK, US, Japan, and China, 1855–2018
Af: Minqi Li
Engelsk
Paperback 2022
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:
168
ISBN-13:
9781032337074
Indbinding:
Paperback
ISBN-10:
1032337079
Udg. Dato:
13 jun 2022
Størrelse i cm:
21,6 x 13,8
Oplagsdato:
13 jun 2022
Forfatter(e):
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