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Declining Profitability and the Evolution of the US Economy: A Classical Perspective

by Declining Profitability and the Evolution of the US Economy: A Classical Perspective

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Description

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.

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Product Details

  • Routledge Brand
  • Jan 30, 2025 Pub Date:
  • 1032538171 ISBN-10:
  • 9781032538174 ISBN-13:
  • English Language
  • 310.0 pages Paperback
  • 9.21 in * 0.7 in * 6.14 in Dimensions:
  • 1 lb Weight: