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Long Waves of Capitalist Development A Marxist Interpretation

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ISBN-10: 185984037X

ISBN-13: 9781859840375

Edition: 2nd 1995 (Revised)

Authors: Ernest Mandel

List price: $19.95
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In this revised and expanded edition of Long Waves of Capitalist Development, Ernest Mandel seeks to explain the underlying determinants of the booms and slumps of the trade cycle. Mandel first establishes that there have indeed been twenty- to twenty-five-year-long waves of capitalist expansion and contraction—and that these have persisted in the period since World War II. He then assembles evidence to show that while broad tendencies in the rate of profit have been decisive in triggering downturns, the ingredients necessary for a new upswing are, by contrast, generally political and extra-economic in character. He thereby demonstrates the falsity of neo-liberal doctrines, according to…    
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Book details

List price: $19.95
Edition: 2nd
Copyright year: 1995
Publisher: Verso Books
Publication date: 6/17/1995
Binding: Paperback
Pages: 184
Size: 5.50" wide x 8.75" long x 0.75" tall
Weight: 0.594
Language: English

Long Waves: empirical evidence and their explanation through fluctuations in the average rate of profit
Long Waves, Technological Revolutions, and Class-struggle Cycles
Long Waves, Inflation, and the End of the Postwar Boom
Long Waves as Specific Historical Periods
Old Problems and New Data: an inventory of the international debate
New Issues, New Clarifications