Marxists on the capitalist crisis: 1. Fred Moseley - The Long Trends Of Profit
With this issue of Solidarity we begin a series of interviews with Marxist economists on the current crisis and the current stage of capitalism. Fred Moseley is the author of a distinctive Marxist account of the decline in profit rates which brought crisis in the 1970s and 80s, one has spawned a whole series of further studies. He is professor of economics at Mount Holyoke College in Massachusetts, USA. His books include The Falling Rate of Profit in the Postwar United States Economy (1991), and he edited the English edition of Enrique Dussel's Towards an Unknown Marx: A Commentary on the...