Title

Capital Accumulation, Profitability, and Crisis: Neoliberalism in the United States

Publication Date

2015

Journal

Review of Radical Political Economics

Volume

47

Issue

3

First Page

389

Last Page

411

Abstract

This paper uses the rate of profit to address the issue of structural changes in class relationships and the process of capital accumulation that occurred under neoliberalism. I take a long-term class perspective and show that changing class relationships along with the financialization of the economy beginning in early 1980s progressively set the stage for the crisis of 2007-2009.

DOI

10.1177/0486613414542774

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