The Economics of Military Spending: A Marxist Perspective (Routledge Frontiers of Political Economy)

Synopsis

The Economics of Military Spending offers a comprehensive analysis of the effect of military expenditures on the economy. It is the first book to provide both a theoretical and an empirical investigation of how military spending affects the profit rate, a key indicator of the health of a capitalist economy. The book presents a general discussion on the economic models of the nexus of military spending and economic growth, as well as military Keynesianism and the military-industrial complex. Including an account of the Marxist crisis theories, it focuses on military spending as a counteracting factor to the tendency of rate of profit to fall. Using a range of econometric methods and adopting a Marxist perspective, this book provides comprehensive evidence on the effects of military spending on the rate of profit for more than thirty countries. The findings of the book shed light on the complex linkages between military spending and the profit rate by considering the role of countries in the arms trade. Offering a Marxist perspective and an emphasis on quantitative analysis, The Economics of Military Spending will be of great interest to students and scholars of defence and peace economics, as well as Marxist economics.

Copyright:

2019

Book Details

Book Quality:

Publisher Quality

Book Size:

224 Pages

ISBN-13:

9780429774485

Related ISBNs:

9780367728885, 9780429430947, 9781138365063

Publisher:

Taylor and Francis

Date of Addition:

05/07/21

Copyrighted By:

Adem Yavuz Elveren, The right of Adem Yavuz Elveren to be identified as author of this work has been asserted by him in accordance with sections

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

History, Nonfiction, Business and Finance

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.