Political Economy and the New Capitalism : Essays in Honour of Sam Aaronovitch

This book provides a vital and critical survey of key issues in political economy at the end of the twentieth century.

Political Economy and the New Capitalism examines the relevance of Sam Aaronovitch''s pioneering empirical studies of British capitalism in the light of modern developments. A wide range of problems are reviewed from industrial concentration today to the co-ordination of economic policies in Europe. Aaronovitch''s work on the role of finance in the British economy is the subject sustained reflection. Individual chapters examine orthodox and left-wing criticisms of finance, exchange rate instability, and employment, growth and regions in the context of European Union. This work concludes with a bibliography of the published writings of Sam Aaronovitch and collects the reflections of some of the most distinguished thinkers in economics today including: Meghnad Desai, G.C. Harcourt, Pat Devine, Egon Matzner, Malcolm Sawyer, Sir Alan Budd, Jan Toporowski, Philip Arestis, Eleni Paliginis, Victoria Chick and Ben Fine.