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原文連結
論文資訊
- 類型：已發表論文
- 日期：2012
摘要
While the Depression of the eighteen-nineties and the Stagflation of the nineteen-seventies appear to be manifestations of Marx’s tendency for the rate of profit to fall, the Great Depression of the nineteen thirties and the Great Recession of the two-thousands appear to be the rooted in rising rates of exploitation. Mainstream macro-經濟s represents the watershed changes in world capitalism in the nineteen seventies as technical improvements in 經濟 theory and policy, thereby obscuring their underlying political economy. Globalized financial capitalism eliminated upward wage pressures, and created an enormous engine for the appropriation of surplus value, which has led to a chronic stagnation of aggregate demand and unsustainable stress on the world financial system. The lack a coherent solut
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