Profit, accumulation, and crisis in capitalism: long-term trends in the UK, US, Japan, and China, 1855-2018
"Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hy...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
London ; New York
Routledge
2020
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Schriftenreihe: | Routledge frontiers of political economy
|
Schlagworte: | |
Online-Zugang: | FUBA1 URL des Erstveröffentlichers |
Zusammenfassung: | "Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the 20th century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx's original hypothesis may be verified by the global economic events in the 21st century"-- |
Beschreibung: | 1 Online-Ressource (xiii, 154 Seiten) |
ISBN: | 9780429058813 9780429608292 9780429602771 |
DOI: | 10.4324/9780429058813 |
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520 | |a "Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the 20th century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx's original hypothesis may be verified by the global economic events in the 21st century"-- | ||
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author | Li, Minqi 1969- |
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dewey-search | 335.4/12 |
dewey-sort | 3335.4 212 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.4324/9780429058813 |
format | Electronic eBook |
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id | DE-604.BV047005889 |
illustrated | Not Illustrated |
index_date | 2024-07-03T15:58:02Z |
indexdate | 2024-07-10T08:59:55Z |
institution | BVB |
isbn | 9780429058813 9780429608292 9780429602771 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032413426 |
oclc_num | 1256437611 |
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owner_facet | DE-188 |
physical | 1 Online-Ressource (xiii, 154 Seiten) |
psigel | ZDB-7-TFC ZDB-7-TFC ZDB-7-TFC 2020 |
publishDate | 2020 |
publishDateSearch | 2020 |
publishDateSort | 2020 |
publisher | Routledge |
record_format | marc |
series2 | Routledge frontiers of political economy |
spelling | Li, Minqi 1969- Verfasser (DE-588)171919904 aut Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 Minqi Li London ; New York Routledge 2020 1 Online-Ressource (xiii, 154 Seiten) txt rdacontent c rdamedia cr rdacarrier Routledge frontiers of political economy "Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the 20th century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx's original hypothesis may be verified by the global economic events in the 21st century"-- Capitalism Profit Gross national product Capitalism / Great Britain / History Capitalism / United States / History Capitalism / Japan / History Capitalism / China / History Erscheint auch als Druck-Ausgabe, Hardcover 978-0-367-17978-6 https://doi.org/10.4324/9780429058813 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Li, Minqi 1969- Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 Capitalism Profit Gross national product Capitalism / Great Britain / History Capitalism / United States / History Capitalism / Japan / History Capitalism / China / History |
title | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 |
title_auth | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 |
title_exact_search | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 |
title_exact_search_txtP | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 |
title_full | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 Minqi Li |
title_fullStr | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 Minqi Li |
title_full_unstemmed | Profit, accumulation, and crisis in capitalism long-term trends in the UK, US, Japan, and China, 1855-2018 Minqi Li |
title_short | Profit, accumulation, and crisis in capitalism |
title_sort | profit accumulation and crisis in capitalism long term trends in the uk us japan and china 1855 2018 |
title_sub | long-term trends in the UK, US, Japan, and China, 1855-2018 |
topic | Capitalism Profit Gross national product Capitalism / Great Britain / History Capitalism / United States / History Capitalism / Japan / History Capitalism / China / History |
topic_facet | Capitalism Profit Gross national product Capitalism / Great Britain / History Capitalism / United States / History Capitalism / Japan / History Capitalism / China / History |
url | https://doi.org/10.4324/9780429058813 |
work_keys_str_mv | AT liminqi profitaccumulationandcrisisincapitalismlongtermtrendsintheukusjapanandchina18552018 |