In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review...

The early postwar years, 1949-1952 -- The Cold War years to 1956 -- A New Left critique -- The search for a method -- The magnum opus and the Cuban Revolution -- The Kennedy years: civilian government spending -- Inflation, imperialism, and the Cuban Missile Crisis -- Here is Rhodes; jump here!...

The essays in this volume, by veteran economists as well as younger scholars, are part of a radical attempt to grapple with the problems of advanced capitalist development without discarding the real theoretical breakthroughs made by Keynes. The contributors argue that Keynes was correct in...