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Keynesian Chickens Come Home to Roost

Bibliographic Data

ID9201299
AuthorsPaul M Sweezy, Harry Magdoff
Year1974
Volume25
Issue11
Pages1
Publication date1974-04-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueMonthly Review (JOURNAL)
Journal identifiersISSN: 0027-0520 • E-ISSN: 0027-0520
PublisherMonthly Review Foundation (PUBLISHER)
DOI10.14452/mr-025-11-1974-04_1
OpenAlexW1995636787
LanguageEN
Citations received2

As we have argued many times in these pages, the monopoly capitalist economy is always in danger of sinking into a state of deep stagnation. The basic reason is that capitalists seek to keep the wages and hence the purchasing power of workers at a minimum, while expanding their capital as rapidly as possible.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website

Capital (architecture) · Economic history · Economics · Economy · Keynesian economics · Market economy · Monopoly · Neoclassical economics · Operations management · Political economy · Power (physics) · Purchasing · Purchasing power · State (computer science) · Economic Theory and Institutions · Economic Theory and Policy · History · Political Economy and Marxism

  • Is Under-Consumption Responsible for Persistent Stagnation in the US Manufacturing Sector? Econometric Evidence and Implications for State Policy, 1965–2008

    Shaukat Ansari•International Critical Thought•2016

  • The Welfare State - a Manifestation of Late Capitalism

    Open Access•Joachim Israel•Acta Sociologica•1974

Unique citing works2
Citations per year0,04
Citation span1974 - 2016 (43)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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