of the 1960s and 1970s 253; export-oriented development 219
Brenner, Neil, on role of states in accumulation 108
Brenner, Robert 71, 105; on Volker and failure of Keynesianism 296; on Japanese and German economies 170-1; critique of "Fordism" notion 64; rejects Marx's theory on falling rate of profit 69, 360; figures for rate of profit,195, 196, 235
"Bretton Woods" system 198
Brezhnev, Leonid, on competitive pressures on Soviet economy 203
BRICS 231, 327; as a disparate collection of very diferent economies 253; after Asian crisis 282; and WTO trade negotiations 274, 327
Britain, leaves gold standard 1931, 149; during long boom 170, 198; unemployment in 1950s 172; inflation early 1980s 193; restructuring in 1980s 210-11; industrial output 1 984 193; manufacturing output 1970s-2000s 241; proportion of manual workers 334; share of new investment in financial industry 295
Brittan, Samuel, from Keynesianism to monetarism and back again 194; on future of capitalism lying in East Asia 241; on falling capital-output ratio in 1960s and 1970s 197
Bronfenbrenner, Kate, on threats to move production used to demoralise workers 336
Brown, Gordon 230; on "contribution" of Lehman Brothers 287; blames irresponsible financial practices for crisis 298-9
Bryan, Dick, national dimension to global accumulation 266; on exchange rate and distribution of surplus value 266; quoted on national dimension to finance 259; (with Michael Rafferty) critique of share holder value theories, 295
Bubble economy, Japanese of 1980s, 214, 215
Bubbles of 1970s, 1980s, 1990s and
Index
early 2000s 278-9
Budget deficits 200, 216; with end of long boom 191
Buiter, Willem 1 6
Bukharin, Nicolai 77, 89,165; critique of neoclassical economics 44; refutation of Rosa Luxemburg 100- 101; theory of imperialism 95-96; compared with Lenin's theory 98- 99; lack of explanation of why imperialism could end first Great Depression 101; relevance to understanding Cold War 182
Bundesbank 240
Bureaucracy, class goal of 206
Bush, George H. W., on New World Order 258
Business cycle 5 6 see also Crises
Business Cycles in Yugoslavia 178
Business Week, on "stateless corporation" 257
Cadbury-Schweppes rationalisation of global operations 259
Call centre employment, in India 252
Callaghan, James, turns against Keynesian methods 193
Cambridge critique of neoclassical economics 10, 44
Cambridge Economic Policy Review 192
Capitalist agriculture, and peasant farmers 321, 348; and soil nutrients 320; and Green Revolution 321
Capital accumulation, "essentially national" 260; and climate change 308-314; global, kaleidoscopic pattern in 21st century 264; new centres of capital accumulation 186
Capital (Marx), different levels of abstraction in three volumes 14, 87; first chapter 21; Volume Two on interrelation between consumption and accumulation 99
Capital exports, and imperialism 98; and economic development, Lenin's view 187; low level during long boom 183; see also Foreign Direct Investment
Capital growth, greater in Japan and Germany than in US during long
405