This is the fourth in a continuing series of collected essays by the former editors of Monthly Review on the state of the U.S. economy and its relation to the global system. Like its predecessors, this volume 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.
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Harry Magdoff has been a co-editor of Monthly Review since 1969 and is the author of The Age of Imperialism and Imperialism: From the Colonial Age to the Present.
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