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The Economics of Military Spending

A Marxist Perspective

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<em>The Economics of Military Spending</em> 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, <i>The Economics of Military Spending</i> will be of great interest to students and scholars of defence and peace economics, as well as Marxist economics.

Acquisto del libro

The Economics of Military Spending, Adem Yavuz Elveren

Lingua
Pubblicato
2019
Rilegatura
(In brossura)
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Metodi di pagamento

Titolo
The Economics of Military Spending
Sottotitolo
A Marxist Perspective
Lingua
Inglese
Editore
Routledge
Pubblicato
2019
Formato
In brossura
Pagine
224
ISBN10
0367728885
ISBN13
9780367728885
Serie
Descrizione
<em>The Economics of Military Spending</em> 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, <i>The Economics of Military Spending</i> will be of great interest to students and scholars of defence and peace economics, as well as Marxist economics.