Political Economy of Capitalism

Key Themes and Content:

- Capitalism’s Economic Structure: The ebook delves into the foundational aspects of capitalist economies, focusing on private property, market forces, and the capitalist class structure. It discusses how these elements shape economic relations and influence the distribution of resources.

- Profit and Exploitation: Ryndina and Chernikov critically examine the role of profit in capitalism, exploring the mechanisms through which capitalist societies maintain and expand wealth inequality. The concept of exploitation, both within the workforce and in global relations, is analyzed in depth.

- Class Struggle and Social Inequality: The authors provide an in-depth analysis of class dynamics under capitalism, highlighting how different social classes interact within the capitalist system. The book also investigates the persistence of social inequality and the social and economic consequences of these class divisions.

- Economic Crises and Instability: The text critically analyzes the cyclical nature of capitalist economies, focusing on the causes and effects of economic crises, including recessions, depressions, and market collapses. It explains how capitalism’s inherent instability affects both the global and local economies.

- Imperialism and Global Capitalism: The authors explore the global spread of capitalism, examining the role of imperialism in expanding capitalist systems. They discuss the relationships between the capitalist core and peripheral economies, emphasizing the inequalities and exploitation inherent in global trade and finance.

- Ideology and Capitalist State Power: The book discusses how capitalist ideology functions to justify and perpetuate the system. The role of the state in maintaining capitalist structures, through legislation and enforcement of laws, is analyzed as a key mechanism in preserving capitalist power.

- Capitalism in the 20th Century: With a particular focus on the developments in the 20th century, this work reflects on how capitalism evolved, responding to both internal contradictions and external pressures. It provides insight into the global economic landscape during the Cold War period and the rise of multinational corporations.

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Purpose and Academic Contribution:

This ebook serves as a scholarly work that provides a Marxist critique of capitalist economies, aligning with the theoretical traditions of socialist thought. The authors aim to offer readers a deeper understanding of the inherent flaws and contradictions within capitalism, emphasizing its unsustainable nature and the need for social transformation. It is an invaluable resource for those studying political economy, economic history, and Marxist theory, as well as for anyone interested in the socioeconomic structures that shape modern capitalist societies.

- Students of economics, political science, and sociology

- Researchers in the field of political economy and capitalism

- Individuals interested in Marxist critiques and socialist economic thought

- General readers looking to understand the complex workings of capitalist economies

Why You Should Read This Ebook:

*Political Economy of Capitalism* provides a thorough and critical examination of capitalist systems from a Marxist perspective. The authors offer a detailed account of capitalism’s economic dynamics, its inherent contradictions, and its global impact. Whether you are studying economics, political science, or social theory, this book provides key insights into the functioning of capitalism and its consequences.