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Accumulation and Stability under Capitalism well function will require expertise in ContentPrabhat Patnaik's starting point is the fundamental question of how we can explain the resilience and durability of capitalist economies after all, the writings of most of the giants among economists have been permeated by a sense of the transitoriness of capitalism. His argument is that the existence of a periphery of less developed countries provides a buffer that allows (relatively) crisis free and non inflationary growth in the capitalist core.