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Cover Courtesy Monthly Review Press
This incisive and timely book traces the origins of economic stagnation and explains what it means for a clear understanding of our current situation — an endless crisis. John Bellamy Foster and Robert W. McChesney point out that increasing monopolization of the economy — when a handful of large firms dominate one or several industries — leads to an over-abundance of capital and too few profitable investment opportunities, with economic stagnation as the result.
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