Accumulation and Sability Under Capitalism (Hardcover) (ISBN-13: 9780198288053)

Patnaik's starting point is the fundamental question of how we can explain the resilience and durability of capitalist economies-. He argues that the existence of a periphery of less developed countries provides a buffer that allows (relatively) crisis-free and non-inflationary growth in the capitalist core. His analysis unifies two fields that are normally separate: models of growth and stabilization policy in advanced economies and the economics of open, developing economies.

Author: Prabhat Patnaik
ISBN-10: 0198288050
ISBN-13: 9780198288053
Publisher: Clarendon Press
Language: English
Published: 04/17/1997
Pages: 330
Format: Hardcover
Weight: 1.25lbs
Size: 8.50h x 5.50w x 0.88d