Paul A. Baran and Paul M. Sweezy were two of the leading Marxist economists of the twentieth century. Their seminal work, Monopoly Capital: An Essay on the American Economic and Social Order, published in 1966, two years after Baran’s death, was in many respects the culmination of fifteen years of correspondence between the two, from […]
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This volume brings together the work of leading Marxist analysts of imperialism to examine the burning question of our time—the nature and prospects of the U.S. imperial project currently being given shape by war and occupation in the Middle East.
The essays in this volume, by veteran economists as well as younger scholars, are part of a radical attempt to grapple with the problems of advanced capitalist development without discarding the real theoretical breakthroughs made by Keynes. The contributors argue that Keynes was correct in pointing to the economic contradictions stemming from unemployment, incoming inequality, […]