A History of Marxian Economics, Volume 2: 1929-1990 (Radical Economics Series)

A History of Marxian Economics, Volume 2: 1929-1990 (Radical Economics Series)

M. C. Howard, John E. King


Follows on from the 1st quantity which handled the interval from the dying of Marx in 1883 to 1929. From 1930 onmwards the emphasis for theoretical research started to shift westwards, in order that within the post-war period the heartland of Marxian political financial system lay in Western Europe and North the USA. New difficulties additionally arose during this interval, and components of Marx's economics which had previous obtained scant recognition have been elavated to larger prominance. additionally after 1929 theoretical advancements in Marxian economics turned indifferent from profitable progressive perform. 1929 used to be a yr of substantial promise for Marxism. within the East, Stalin secured the seizure of strength in 1917 by way of sporting via a "revolution from above" which created a brand new mode of construction, quickly sped up financial improvement, and gave delivery to a brand new orthodoxy. within the West, the onset of the good melancholy promised the industrial cave in of capitalism and the finishing of Soviet isolation. "A heritage of Marxian Economics quantity 2, 1929-1990" takes an outline of Marxian economics, outlining the main major techniques, the incorporation of Keynesian thought into Marxism, in addition to tackling the hot theories of Imperialism and finishing with an research of present controversies in economics and their hyperlinks to a Marxist concept.

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