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This landmark text by Paul Baran and Paul Sweezy is a classic oftwentiethcentury radical thought, a hugely influential book thatcontinues to shape our understanding of modern capitalism. This bookdeals with a vital area of economics, has a unique approach, isstimulating and well written. It represents the first serious attempt toextend Marxs model of competitive capitalism to the new conditions ofmonopoly capitalism. Howard J. Sherman, American Economic Review
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