Capitalist Macrodynamics: A Systematic Introduction

by D. Laibman

Overview

The Marxist theory of capitalist growth and transformation has often been shrouded in obscurity, either by endless recapitulation of Marx's texts or by excessive use of mathematical formalism. This short book presents an integrated and rigorous view of capitalist development - technical change, class relations, trends in the profit rate and share, cyclical and long-term crisis - in a form that is accessible to serious readers with or without prior training in economics or familiarity with Marxist thought.

Product Details

ISBN-13:	9780333682906
Publisher:	Palgrave Macmillan UK
Publication date:	07/14/1997
Series:	Systematic Introduction
Edition description:	1997
Pages:	143
Product dimensions:	5.51(w) x 8.50(h) x (d)

About the Author

DAVID LAIBMAN

Table of Contents

Preface and Acknowledgements - Introduction - A Conceptual Framework - A Simple Macro Production Model - The Classical Theory and Its Critique - Technical Change and the Profit Rate - The Capitalist Determination of Technical Change - The Consistent Path - A Thumbnail Sketch of Alternative Marxist Crisis Theories - Cyclical Crisis - Immanent Critical Tendencies and Secular Crisis - Multiple Sites and Comprehensive Crisis - References - Index

Editorial Reviews

'Laibman provides a useful and accessible introduction to capitalist macrodynamics...This collection...should be essential reading for anyone interested in the philosophy of economics, as well as those interested in finding out the methodological implications of dialectics.' - Michale Williams, Eastern Economic Journal

From the Publisher