Abstract
As we have pointed out many times in these pages, economic fluctuations under capitalism are characteristically governed by variations in the rate of capital accumulation. Given the lopsided distribution of income and the insatiable drive of capitalists to accumulate, the rate of accumulation can be shown to be inherently unstable.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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