Titlebook: Capitalist Macrodynamics; A Systematic Introdu David Laibman Book 1997 David Laibman 1997 economics.growth.production

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ineluctable

A Conceptual Framework,nd trends of, the major macroeconomic proportions; the source and nature of cyclical behavior and crisis. It is important, however, to begin by emphasizing that these accumulation dynamics are dynamics of ..The term ‘capitalism’ is often used loosely, at times giving the impression that a precise de

overture

ATOPY

Technical Change and the Profit Rate,ing class — the expression, perhaps, of the most truly classical contradiction of capitalism. This approach, however, is commonly derided as the ‘profit-squeeze’ theory of crisis. It reduces the fall in the profit rate to an outcome of the conflict between classes, considered by many to be an epheme

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A Thumbnail Survey of Marxist Crisis Theories, the critical assault described in Chapter 4. Before resuming the main line of development of this book — the positive theory of accumulation, technical change, structural trends, cyclical and secular crisis — it may be useful to address briefly some of the strategies that have been adopted by the d

CRATE

Immanent Critical Tendencies and Secular Crisis, and accumulation. It is possible to imagine the use of public policy to control and mitigate the effects of cyclical crisis; it is hardly possible, however, to imagine capitalism without cyclical crisis as an immanent reality and potential. Marx’s central insight in this regard is that what economi

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Multiple Sites and Comprehensive Crisis,chapter, this conception was extended to include the possibility of more than one critical tendency. We examined two: the rising composition of capital, and the rising share of government production in total production. (An additional critical tendency arising from the evolving financial relation be

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