TITLE

The Financialization of Capitalism

AUTHOR(S)
Foster, John Bellamy
PUB. DATE
April 2007
SOURCE
Monthly Review: An Independent Socialist Magazine;Apr2007, Vol. 58 Issue 11, p1
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on issues related to the changes in capitalism. According to the author, the economic relations of monopoly-finance capital have their epicenter in the U.S. but have increasingly penetrated the global system. He states that the weakness in the growth of consumption results in cutbacks in the utilization of productive capacity as corporations attempt to avoid overproduction and price reductions.
ACCESSION #
46574243

 

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