The Theory of Monopoly Capitalism

The Theory of Monopoly Capitalism by John Bellamy Foster is a groundbreaking work that provides a comprehensive understanding of the nature of capitalism in the 21st century.

This new edition, updated and expanded from the original, offers a clear and accessible explanation of the monopoly capital theory, including an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy.

The book explores how the rise of giant monopolistic firms in the 20th century led to economic stagnation and a general trend towards accumulation on a world scale, persisting to this day.

This essential work is a must-read for anyone seeking to understand the complexities of modern capitalism and its implications for society.