An innovative Marxist analysis of capitalism's transition to a new mode of production: 'Managerialism'
Marxist analysis has traditionally been built on a two-class framework: workers and capitalists. With Managerial Capitalism, Gerard Duménil and Dominique Lévy mount a powerful argument that such a framework is outdated we are in fact amid a transition to a new mode of production…
An innovative Marxist analysis of the new managerial class.
This text assesses the impact of the profit rate on modern economies, its role in the allocation of resources among industries, its influence on business fluctuations, and its relation to accumulation, technological change and wages.
Assesses the impact of the profit rate on modern economies, its role in the allocation of resources among industries, its influence on business fluctuations, and its relation to accumulation, technological change and wages. It aims to find alternative approaches to conventional …