The author argues that the concept of class, far from being obsolete, is actually embodied in its modern form by the fusion of banking capital and industrial capital in Great Britain. He includes a detailed analysis of the main groupings of finance capital in England. Thiry-one such groups are identified in Appendix I, and Appendix II is an an analysis of bank directorships.
The author argues that the concept of class, far from being obsolete, is actually embodied in its modern form by the fusion of banking capital and ...
Political Economy and the New Capitalism examines the relevance of Sam Aaronovitch's pioneering empirical studies of British capitalism in the light of modern developments. A wide range of problems are reviewed from industrial concentration today to the co-ordination of economic policies in Europe. Aaronovitch's work on the role of finance in the British economy is the subject sustained reflection. Individual chapters examine orthodox and left-wing criticisms of finance, exchange rate instability, and employment, growth and regions in the context of European Union. This work...
Political Economy and the New Capitalism examines the relevance of Sam Aaronovitch's pioneering empirical studies of British capitalism in th...