Research Catalog
The falling rate of profit and the Great Recession of 2007-2009 : a new approach to applying Marx's value theory and its implications for socialist strategy
- Title
- The falling rate of profit and the Great Recession of 2007-2009 : a new approach to applying Marx's value theory and its implications for socialist strategy / by Peter Jones.
- Author
- Jones, Peter (Peter M.)
- Publication
- Leiden ; Boston : Brill, [2021]
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
Available - Can be used on site. Please visit New York Public Library - Schwarzman Building to submit a request in person. | Text | Use in library | JFE 21-8824 | Schwarzman Building - Main Reading Room 315 |
Details
- Description
- xlv, 226 pages : illustrations (chiefly color); 25 cm.
- Summary
- "In The Falling Rate of Profit and the Great Recession of 2007-2009, Peter Jones develops a new non-equilibrium interpretation of the labour theory of value Karl Marx builds in Capital. Applying this to US national accounting data, Jones shows that when measured correctly the profit rate falls in the lead up to the Great Recession, and for the main reason Marx identifies: the rising organic composition of capital. Jones also details a new theory of finance, which shows how cycles in the profit rate relate to stock market booms and slumps, and movements in the interest rate. He discusses the implications of the analysis and Marx and Engels' work generally for a democratic socialist strategy"--
- Series Statement
- Historical materialism book series, 1570-1522 ; volume 191
- Uniform Title
- Historical materialism book series ; 191.
- Subject
- Bibliography (note)
- Includes bibliographical references and index.
- Call Number
- JFE 21-8824
- ISBN
- 9789004325333
- 9004325336
- LCCN
- 2019042150
- 40030495190
- OCLC
- 1085699403
- Author
- Jones, Peter (Peter M.), author.
- Title
- The falling rate of profit and the Great Recession of 2007-2009 : a new approach to applying Marx's value theory and its implications for socialist strategy / by Peter Jones.
- Publisher
- Leiden ; Boston : Brill, [2021]
- Type of Content
- text
- Type of Medium
- unmediated
- Type of Carrier
- volume
- Series
- Historical materialism book series, 1570-1522 ; volume 191Historical materialism book series ; 191.
- Bibliography
- Includes bibliographical references and index.
- Chronological Term
- 2001-2009
- Other Form:
- Online version: Jones, Peter (Peter M.), The falling rate of profit and the great recession of 2007-2009 Boston : Brill, 2019. 9789004398320 (DLC) 2019042151
- Other Standard Identifier
- 40030495190
- Research Call Number
- JFE 21-8824