Brenner on Distribution

Brenner on Distribution Dumenll & LevyIBrenner on Distribution Brenner on Distribution Gerard Dumenil and Dominique Levy Introduction This paper discusses one important component of the analysis of the decline of the profit rate in recent decades in Robert Brenner's Economics of Global Turbulence. Our single focus in this paper is Brenner's implicit theory of distribution. It must be emphasised from the outset that the present discussion does not question the central role given by Brenner to the profit rate in his investigation of the crisis which began in the 1970s. There is nOWa significant convergence among Marxists concerning the decline of the profit rate, diminished accumulation rates, and the slowdown of labour productivity - in the US as well in major capitalist countries. In combination with the reassertion of the power of financ,:ialcapital within neoliberalism and the threat of a major financial crisis, these developments have sparked new interest in Marxist economics and Marxism in general. One can distinguish between two components in Brenner's approach to the decline of the profit rate. A first aspect, to which he devotes much attention, concerns competition within manufacturing industries among major capitalist countries. The second aspect is Brenner's analysis of distribution. A discussion of http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Historical Materialism Brill

Brenner on Distribution

Loading next page...
 
/lp/brill/brenner-on-distribution-usfqgip3DC
Publisher
BRILL
Copyright
© 1999 Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1465-4466
eISSN
1569-206X
D.O.I.
10.1163/156920699100414418
Publisher site
See Article on Publisher Site

Abstract

Dumenll & LevyIBrenner on Distribution Brenner on Distribution Gerard Dumenil and Dominique Levy Introduction This paper discusses one important component of the analysis of the decline of the profit rate in recent decades in Robert Brenner's Economics of Global Turbulence. Our single focus in this paper is Brenner's implicit theory of distribution. It must be emphasised from the outset that the present discussion does not question the central role given by Brenner to the profit rate in his investigation of the crisis which began in the 1970s. There is nOWa significant convergence among Marxists concerning the decline of the profit rate, diminished accumulation rates, and the slowdown of labour productivity - in the US as well in major capitalist countries. In combination with the reassertion of the power of financ,:ialcapital within neoliberalism and the threat of a major financial crisis, these developments have sparked new interest in Marxist economics and Marxism in general. One can distinguish between two components in Brenner's approach to the decline of the profit rate. A first aspect, to which he devotes much attention, concerns competition within manufacturing industries among major capitalist countries. The second aspect is Brenner's analysis of distribution. A discussion of

Journal

Historical MaterialismBrill

Published: Jan 1, 1999

There are no references for this article.

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off