Capitalist economies hinge on the continual reinvestment of profit into production, a process known as capital accumulation. Firms advance capital goods and labour power in pursuit of surplus value, ...

Capital is accelerationist. Working-class movements must recognize this, come to grips with this, and respond accordingly. A too often unrecognized, too little remarked upon aspect of the neoliberal ...

We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore’s (1997) theoretical framework.

The economic analysis began with Adam Smith’s “the nature and causes of the wealth of nation”, which run the world economy for up to a 100 years. Then Keynes’s General theory rescued economics from ...

The concluding chapter of this part, “The General Law of Capitalist Accumulation is by far the most basic to the theory of capitalist development. In reviewing it we must go rather slowly because in ...

The Japanese economy has seen a decline in the contribution of capital accumulation to economic growth since 2000. This column uses over 30 years of national productivity data to explore this trend.

The COVID-19 crisis has caused massive damage to the Japanese economy. The real GDP in the second quarter in 2020 was the same as that in the second quarter in 2011 after the Great East-Japan ...