Stagnation and the Financial Explosion

Contents: Introduction. 1. Stagnation. 2. Production and finance. 3. The United States, and the global economy.

The book focuses on the most recent phase of the development of U.S. Capitalism, stressing the profound contradictions of the underlying processes of capital accumulation and pointing the way to the fundamental reforms that are the essential precondition for a real economic revival.

Stagnation and the financial explosion is indispensable for understanding the extravagant promises and the abysmal failures of reaganomics."