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Both a history and a contemporary analysis, an illuminating investigation of the defining economic concern of our time. The early 2020s have seen the return of inflation as a preoccupation of political decision-makers, economists, and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge in price increases. Despite disagreement about what exactly is happening in the economy, there is unanimity in one belief: slowing growth to control inflation. To focus on inflation's return, the author looks at both the past and present, placing current events in the context of capitalism's history. Exploring the nature of money itself, he provides a concise, jargon-free understanding of recent inflation as well as official efforts to control it, illuminating the state of the contemporary economy.

"How is scientific knowledge of social life possible? If there are social sciences, must they employ methods different from those of the natural sciences? In Social Knowledge, Paul Mattick argues that the well-known difficulties of the social sciences--in particular the predictive and explanatory failures of economics--are due not to an inherent resistance of social life to scientific explanation, but to the failure of social scientists to include their own categories of social explanation among the objects of scientific study. Looking at Marx as an anthropological theorist, Mattick compares his critique of political economy with Evans-Pritchard's analysis of Azande witchcraft. Just as the British anthropologist attempted to explain Azande ideas and rituals in terms of their place in native life, Marx wished to explain the continued faith in economics--despite its striking weakness as a science--in terms of the central role played by this system of ideas in the daily lives of natives of capitalist society. This comparison leads to the questions about the nature of scientific thinking and its relation to our everyday knowledge of social reality that are the subject of this book. Second edition, with a new Preface by the author. The first edition was published in 1986 by Hutchinson, ISBN 9780091654603"--

Front Matter -- Copyright Page -- Acknowledgements -- Introduction -- Marx's Abstraction -- Questions of Method -- Theory as Critique -- Labour as Activity and as Representation -- Value and Price: Marx's Resolution of a Ricardian Conundrum -- Ricardo Redux -- Economic Form and Social Reproduction -- Class and Capital -- Trend and Cycle -- Value Theory and Economic Events -- Back Matter -- Bibliography -- Index.

The recent global economic downturn has affected nearly everyone in every corner of the globe. Its vast reach and lingering effects have made it difficult to pinpoint its exact cause, and while some economists point to the risks inherent in the modern financial system, others blame long-term imbalances in the world economy. Into this debate steps Paul Mattick, who, in Business as Usual, explains the global economic downturn in relation to the development of the world economy since World War II, but also as a fundamental example of the cycle of crisis and recovery that has characterized capital

Nesta edição da Seção Clássicos/Documentos da Revista Novos Rumos, apresentamos o texto de Paul Mattick "Otho Rühle e omovimento operário alemão" (parte II).
Extraído de: Comunismo Anti-Bolchevique. Londres: Merlin Press, 1978. Tradução de Angélica Lovatto.
O alemão Otho Rühle (1874-1943) foi fundador (junto com Karl Liebknecht, Rosa Luxemburgo, entre outros) da Liga Espartaquista (1916).

Nesta edição da Seção Clássicos/Documentos da Revista Novos Rumos, apresentamos o texto de Paul Mattick "Otho Rühle e omovimento operário alemão" (parte II).
Extraído de: Comunismo Anti-Bolchevique. Londres: Merlin Press, 1978. Tradução de Angélica Lovatto.
O alemão Otho Rühle (1874-1943) foi fundador (junto com Karl Liebknecht, Rosa Luxemburgo, entre outros) da Liga Espartaquista (1916).