Ernest Mandel

Long Waves Of Capitalist Development

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ISBN 13:
9781859840375
author:
Ernest Mandel
format:
Paperback
publisher:
Verso Books
language:
English
Publication Year:
1995
Pages:
184
Dimensions:
21.56 x 13.64 x 1.42 centimetres
Genre:
Business, Economic History, Nonfiction,
Condition:
New
Availability:
Item usually sent within 7 working days
£16.92

Description

Ernest Mandel's Long Waves of Capitalist Development offers a penetrating analysis of the ills that have afflicted contemporary capitalist economies. This revised and expanded edition explores the underlying determinants of the trade cycle, establishing that twenty- to twenty-five-year-long waves of capitalist expansion and contraction have persisted since World War II.

Mandel examines the role of broad tendencies in the rate of profit in triggering downturns, while also investigating the ingredients necessary for a new upswing. He demonstrates how these are generally political and extra-economic in character, challenging neo-liberal doctrines that rely on the free market to generate sustainable expansion.

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