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This was largely by combination of factors such as the United States Subprime mortgage crisis and the political uncertainty caused by the 12th General Election.
Additionally, Foster has worked to expand Sweezy and Baran’s theory of monopoly capital in light of the current financially led phase of capitalism, which he terms "monopoly-finance Capital." In this context he has written several articles for Monthly Review on the financialization of capitalism and financial crisis of 2007-08.