Financial Instability: Where Will It All End?

Abstract

This collection of essays is in the nature of a running commentary on some of the main aspects of the turbulent course of capitalist development in the last years of the 1970s and the first of the 1980s. The focus is on the United States, still by a wide margin the biggest of the advanced capitalist countries, but the context is the global capitalist order, including its advanced, less developed, and underdeveloped components. The first essay in the collection is dated November 1977, the last March 1981, and the summarizing "Introduction" was written in late summer 1981.

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