The Long Default: New York City and the Urban Fiscal Crisis
Classic study of the fiscal crisis that gripped New York City — and much of urban America — in the 1970s. | more…
Dynamics of Global Crisis
Preeminent theoreticians of the world economy set out their understanding of the long-term dynamics of global capitalism. | more…
Four Lectures on Marxism
One of the 20th century’s foremost Marxian economists discusses the dialectical method, the contradictions of capitalism, and the future of Marxism. | more…
Bureaucracy and the Labor Process: The Transformation of U.S. Industry, 1860–1920
This book makes the argument, supported by rich and extensive historical research into original sources, that it is possible to revolutionize work so that it can be, in the author’s words, “satisfying, creative, and stimulating at the same time that it is materially productive: we can have material abundance along with interesting work.” | more…
The Deepening Crisis of U.S. Capitalism (Economic History As It Happened, Vol. III)
This is the third book of essays on the United States and the world economy produced by the fruitful collaboration of Monthly Review editors Paul M. Sweezy and Harry Magdoff. In these essays, written between 1977 and 1981, the authors assess the results of efforts taken to stabilize the economy after the epochal changes of the early 1970s, the end of capitalism’s “golden age,” by attempts to counteract the effects of inflation, debt dependence, speculation, and financial instability. | more…
The Longer View: Essays Toward a Critique of Political Economy
These essays by the author of The Political Economy of Growth and co-author of Monopoly Capital cover the working range of a strong and original mind. They are as diverse as his well-known discussion of Marxism and psychoanalysis, and his expert handling of the politics and economics of development. | more…
Monopoly Capital: An Essay on the American Economic and Social Order
This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. “This book… deals with a vital area of economics, has a unique approach, is stimulating and well written. It represents the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism.” — Howard J. Sherman, American Economic Review | more…