Economic History as it Happened (Stagnation and the Financial Explosion)

by Harry Magdoff, Paul M. Sweezy

This is the fourth in a continuing series of collected essays by the former editors of Monthly Review on the state of the U.S. economy and its relation to the global system. Like its predecessors, this volume focuses on the most recent phase of the development of U.S. capitalism, stressing the profound contradictions of the underlying processes of capital accumulation and pointing the way to the fundamental reforms that are the essential precondition for a real economic revival.

Genres: Economics

208 pages, Paperback

First published February 1, 1987

About the author

Henry Samuel Magdoff, was a prominent American socialist commentator. He held several administrative positions in government during the presidency of Franklin D. Roosevelt

Harry Magdoff has been a co-editor of Monthly Review since 1969 and is the author of The Age of Imperialism and Imperialism: From the Colonial Age to the Present.