{"product_id":"frontiers-of-political-economy","title":"Frontiers of Political Economy","description":"Transcending the arid formalism of present-day economic theory, Frontiers of Political Economy develops a new and accessible perspective on the world economy. Guglielmo Carchedi identifies and analyses three key features of modern capitalism: the rapidly increasing share of human labour needed for the advancement of science and technology rather than for the production of goods; the global, rather than national, nature of production, distribution and consumption; and the dominance of the oligopolies.\u003cbr\u003e\u003cbr\u003eThis analysis enables Carchedi to explore new theoretical frontiers: from an original theory of mental and material labour to an investigation of the conditions under which mental labour produces value; from an assessment of the class structure of modern capitalism to an appraisal of the social content of science and technology; from an alternative account of crises, inflation and stagflation to a study of their relation to the destruction of value and to arms production. He also cast fresh light on a number of basic contemporary issues—including the present financial and monetary crisis—and surveys the most important recent controversies in language accessible to non-specialists.\u003cbr\u003e\u003cbr\u003eRigorous and wide-ranging, but written with great lucidity, Frontiers of Political Economy is an essential book for both specialists and students in economics and politics.","brand":"Penguin Random House","offers":[{"title":"Default Title","offer_id":51230524965152,"sku":"9780860915669","price":34.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0836\/3661\/7504\/files\/9780860915669.jpg?v=1770864891","url":"https:\/\/creativebysanchez.com\/products\/frontiers-of-political-economy","provider":"Creative By Sanchez","version":"1.0","type":"link"}