Late Capitalism
Published on 30. July 2024
Book
Paperback/Softback
640 pages
978-1-80429-475-8 (ISBN)
Description
Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the 'laws of motion' of the capitalist mode of production developed by Marx with the concrete history of capitalism in the twentieth century. A landmark in Marxist economic literature, Late Capitalism is specifically designed to explain the international recession of the 1970s and is an invaluable guide to understanding the nature of the world economy today. This edition includes a new introduction by Cedric Durand assessing the book's continued relevance.
Reviews / Votes
Late Capitalism is the answer to how Marx might view the complex economic phenomena of the 1970s. It is sophisticated, well written, impressively documented. This volume is, indeed, one of the major contributions of the last decade to Marxist economics. * Choice * Late Capitalism represents a significant advance for Mandel. A notable feature of his book is an attempt to revive and critically reassess the theory of 'long waves' normally associated with such writers as Kondratieff. * The Economic Journal * I recommend this book for the grandeur of its vision, and for its innumerable, suggestive hypotheses which might lead future investigators towards fruitful research in many areas. * Contemporary Sociology * Mandel's book is a serious and scholarly effort. * Journal of Modern History *More details
Language
English
Place of publication
London
United Kingdom
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 210 mm
Width: 143 mm
Thickness: 40 mm
Weight
571 gr
ISBN-13
978-1-80429-475-8 (9781804294758)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Previous edition
Persons
ERNEST MANDEL (1923-95), historian, economist and activist, was a leading figure in the Fourth International from 1945 and was the author of a number of books, including Late Capitalism, Marxist Economic Theory, Long Waves of Capitalist Development, and The Meaning of the Second World War.
CEDRIC DURAND is Professor of Political Economy at the University of Geneva and a member of the Centre d'economie Paris Nord. He is the author of Fictitious Capital and How Silicon Valley Unleashed Techno-Feudalism
CEDRIC DURAND is Professor of Political Economy at the University of Geneva and a member of the Centre d'economie Paris Nord. He is the author of Fictitious Capital and How Silicon Valley Unleashed Techno-Feudalism
Content
Introduction: Scrutinizing Capital with One's Eyes Wide Open
Introduction (1975 edition)
1. The Laws of Motion and the History of Capital
2. The Structure of the Capitalist World Market
3. The Three Main Sources of Surplus-Profit in the Development of Modern Capitalism
4. 'Long Waves' in the History of Capitalism
5. Valorization of Capital, Class Struggle and the Rate of Surplus-Value in Late Capitalism
6. The Specific Nature of the Third Technological Revolution
7. The Reduction of the Turnover-Time of Fixed Capital
8. The Acceleration of Technological Innovation
9. The Permanent Arms Economy and Late Capitalism
10. The International Concentration and Centralization of Capital
11. Neo-Colonialism and Unequal Exchange
12. The Expansion of the Services Sector, the 'Consumer Society', and the Realization of Surplus-Value
13. Permanent Inflation
14. The Industrial Cycle in Late Capitalism
15. The State in the Age of Late Capitalism
16. Ideology in the Age of Late Capitalism
17. Late Capitalism as a Whole
18. The Crisis of Capitalist Relations of Production
Glossary
Index
Introduction (1975 edition)
1. The Laws of Motion and the History of Capital
2. The Structure of the Capitalist World Market
3. The Three Main Sources of Surplus-Profit in the Development of Modern Capitalism
4. 'Long Waves' in the History of Capitalism
5. Valorization of Capital, Class Struggle and the Rate of Surplus-Value in Late Capitalism
6. The Specific Nature of the Third Technological Revolution
7. The Reduction of the Turnover-Time of Fixed Capital
8. The Acceleration of Technological Innovation
9. The Permanent Arms Economy and Late Capitalism
10. The International Concentration and Centralization of Capital
11. Neo-Colonialism and Unequal Exchange
12. The Expansion of the Services Sector, the 'Consumer Society', and the Realization of Surplus-Value
13. Permanent Inflation
14. The Industrial Cycle in Late Capitalism
15. The State in the Age of Late Capitalism
16. Ideology in the Age of Late Capitalism
17. Late Capitalism as a Whole
18. The Crisis of Capitalist Relations of Production
Glossary
Index