Keynesianism, Social Conflict and Political Economy

This controversial book shows that there is more to economics than dry models and esoteric equations. By investigating the rise and fall of postwar Keynesianism and focusing on the experience of the United States, the author adopts an interdisciplinary approach to show that economics is rooted in the flesh and blood history of social conflict. This timely study concludes with a discussion of the viability of Keynesianism today, in the context of recurrent crisis in the global economy and the rise of new social movements.

MASSIMO DE ANGELIS is Lecturer in Political Economy at the University of East London. His research and published work include essays on commodity-fetishism, value theory, the political economy of globalization and the critique of mainstream economics.