Originally published in 1934 at the height of the Great Depression, Corey's The Decline of American Capitalism is an in-depth critique of the American government. The "Fall in the Rate of Profit, " unemployment, and class disparities are a basis for a "New American Revolution, " a shift from the current capitalist Democracy toward a new Socialist America. LEWIS COREY (1892-1953), originally Louis Fraina, was an Italian-born left-wing American ...
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