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Political Economy

The Political Economy of Growth

The Political Economy of Growth

One of the most influential studies ever written in the field of development economics, this book has, since first publication in 1957, bred a whole school of followers who are producing further works along the lines indicated by Baran. Concerned with the generation and use of economic surplus, it analyzes from this point of view both the advanced and the underdeveloped countries. A work in political economy rather than solely in economics, this book treats the economic transformation of society as one facet of a total social and political evolution. | more…

The Theory of Capitalist Development

The Theory of Capitalist Development: Principles of Marxian Political Economy

Since its first publication in 1942, this book has become the classic analytical study of Marxist economics. Written by an economist who is a master of modern academic theory as well as Marxist literature, it has been recognized as the ideal textbook in its subject. Comprehensive, lucid, authoritative, it has not been challenged or even approached by any later study. | more…

We, the People: The Drama of America

We, the People: The Drama of America

“The Drama of America” is truly to be found between the covers of this classic book—an exhilarating and often tragic account of a nation and the struggles of those caught up in the processes of its becoming, written by Monthly Review founding co-editor Leo Huberman. A precursor to Howard Zinn’s A People’s History of the United States, and, like that book, immensely popular upon its release, We, the People recasts U.S. history from the perspectives of those far removed from official power: the anonymous toilers so often ignored by conventional histories. These are the men, women, and children who cleared the land and worked its fields, built and inhabited the factories, moved goods along the railways and canals and highways, and raised the next generation of workers whose exploited labor would propel the nation’s development. | more…