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Monopoly, Finance, and the Crisis of Capitalism
Paul M. Sweezy and his Legacy
The first-ever biography of Paul M. Sweezy, the scholar who brought Marxian theory to the English-speaking world and one of the greatest political economists of the twentieth century.
“Marx once observed that the end point of fierce inter-capitalist competition was the exercise of monopoly power. Contemporary capitalism exhibits the truth of this observation, with the Hi-Tech companies very much in the driver’s seat. A return to a careful consideration of Paul Sweezy’s theorization of monopoly capital is therefore very much to be welcomed.” – David Harvey
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