Profit, Accumulation, and Crisis in Capitalism: Long-term Trends in the UK, US, Japan, and China, 1855-2018

ISBN-13: 9781032337074 / Angielski / Miękka / 2022 / 168 str.

Minqi Li

Opis

By studying Marx's theory predicted long-term movement of the profit rate and its impact on capital accumulation, this book may provide insight into whether the Chinese economy is heading into a crisis as China's profit rate approaches levels that historically were associated with major crises in other capitalist economies.

Spis treści

1. Capitalism and the Profit Rate  2. Profit, Accumulation and Crisis in British Capitalism, 1855–2018  3. Profit, Accumulation and Crisis in American Capitalism, 1900–2018  4. Profit, Accumulation and Crisis in Japanese Capitalism, 1955–2017  5. Profit, Accumulation and (the Coming) Crisis in Chinese Capitalism, 1980–2018  6. China and the Global Labor Arbitrage  7. The Past and the Future of the Profit Rate, 1855–2050

O autorze

Minqi Li is Professor of Economics at The University of Utah. He is the author of The Rise of China and the Demise of the Capitalist World Economy; Peak Oil, Climate Change and the Limits to China’s Economic Growth; and China and the 21st Century Crisis.