Multinational Corporations and the U.S. Economic Crisis: A Theoretical and Empircal Analysis

Fikret Ceyhun
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Fikret Ceyhun: Department of Economics, University of North Dakota, Grand Forks, ND 58202, ceyhun@badlands.nodak.edu

Review of Radical Political Economics, 1997, vol. 29, issue 4, 42-91

Abstract: This paper is a dialectical analysis of U.S. capital's response to the long term decline in the rate of profit. United States capital has become more global in the second half of the twentieth century. The expansion of multi-national corporations in this search for higher profits has undermined the accumulation of capital at home and deepened the U.S. economic crisis.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:29:y:1997:i:4:p:42-91

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