The Macrodynamics Of Capitalism
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Author | : Peter Flaschel |
Publisher | : Springer Science & Business Media |
Total Pages | : 402 |
Release | : 2008-12-11 |
Genre | : Business & Economics |
ISBN | : 3540879323 |
This book provides an introduction to advanced macrodynamics, viewed as a di- quilibriumtheoryof?uctuatinggrowth. Itbuildsonanearlierattempttoreformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the con?ict over income distribution between capital and labor. It does so, not because it wants to support the view that this class con?ict is inevitable, but with the perspective that an understanding of this con?ict may help to formulate socio-economic principles and policies that can help to overcome class con?ict at least in its cruder forms or that can even lead to rationally understandable proce- 2 dures and rules that turn this con?ict into a consensus-driven interaction between 3 capitalists or their representatives and the employable workforce. The book starts from established theories of temporary equilibrium positions, the forces of real growth, and the con?ict over income distribution, represented by basic modeling approaches, which it considers in detail in its Part I in order to prepare the ground for their integration in Part II of the book. In this way we inspect what types of models of disequilibrium, income distribution, and real growth we have at our disposal, as models that have proved to be of real interest and sound from a rigorous modeling perspective.
Author | : Alfred S. Eicher |
Publisher | : Routledge |
Total Pages | : 835 |
Release | : 2019-07-12 |
Genre | : Business & Economics |
ISBN | : 1315491958 |
This volume examines the macrodynamic behaviour of advanced economies with social institutions similar to those of the United States and other members of the Organization of Economic Cooperation and Development. It is a critique of, and provides alternative models to, conventional neoclassical theory. The principles developed are used to explain two major phenomena in economic life: the nation's secular growth rate and the cyclical deviations around that growth. These interdependent movements of trend and cycle constitute the economy's macrodynamic behaviour. Eichner uses a systems framework for integrating four distinct institutional dimensions in society - the normative, the political, the economic, and the anthropogenic. This book, by one of the leading proponents of Post-Keynesian economics, is the culmination of over 13 years of scholarly work. The author's untimely death in February 1988 prevented the final revisions of his manuscript. The book should prove an essential addition to the library of scholars and students of economics both within and outside the Post-Keynesian tradition.
Author | : D. Laibman |
Publisher | : Springer |
Total Pages | : 155 |
Release | : 1997-07-14 |
Genre | : Business & Economics |
ISBN | : 0230375340 |
The Marxist theory of capitalist growth and transformation has often been shrouded in obscurity, either by endless recapitulation of Marx's texts or by excessive use of mathematical formalism. This short book presents an integrated and rigorous view of capitalist development - technical change, class relations, trends in the profit rate and share, cyclical and long-term crisis - in a form that is accessible to serious readers with or without prior training in economics or familiarity with Marxist thought.
Author | : David Laibman |
Publisher | : |
Total Pages | : 143 |
Release | : 1997 |
Genre | : Capitalism |
ISBN | : 9780333682913 |
The Marxist theory of capitalist growth and transformation has often been shrouded in obscurity, either by endless recapitulation of Marx's texts or by excessive use of mathematical formalism. This short book presents an integrated and rigorous view of capitalist development - technical change, class relations, trends in the profit rate and share, cyclical and long-term crisis - in a form that is accessible to serious readers with or without prior training in economics or familiarity with Marxist thought.
Author | : Alfred S. Eichner |
Publisher | : |
Total Pages | : |
Release | : 1991 |
Genre | : Capitalism |
ISBN | : 9781315491974 |
Author | : A. V. Korotaev |
Publisher | : Editorial URSS |
Total Pages | : 19 |
Release | : 2006 |
Genre | : Demographic transition |
ISBN | : 5484004144 |
Author | : Richard M. Goodwin |
Publisher | : Routledge |
Total Pages | : 402 |
Release | : 2019-09-05 |
Genre | : Political Science |
ISBN | : 1000316017 |
In this book Professor Goodwin eschewing fine-scale minutiae or classical mechanics, has addressed the big picture. His work deals with the great issues of: the class struggle a Ia Karl Marx; predator prey dramas of the Lotka- Volterra type; von Neumann's magisterial model of autonomous growth; Harrodian and Sraffian developments of Keynesian systems in their input-output aspects (or accelerator-multiplier aspects). Professor Lionello Punzo of a postwar generation provides additional chapters of multi-sector dynamics, working from and going beyond the aggregate models of Harrod, Domar, and Solow.
Author | : Masao Ishikura |
Publisher | : Emerald Group Publishing |
Total Pages | : 329 |
Release | : 2017-08-21 |
Genre | : Political Science |
ISBN | : 178714478X |
This important and timely volume brings together experts in political economy from across the globe, to comment on the return of Marxian macro-dynamics in East Asia. The contributions explore macro-dynamics, the role of the state and hegemony in the context of transnational capitalism, and Marxian alternatives for East Asia.
Author | : Pierre-Yves Hénin |
Publisher | : Routledge |
Total Pages | : 480 |
Release | : 2013-04-15 |
Genre | : Business & Economics |
ISBN | : 1135033455 |
Building from the micro-foundations of economic behaviour to a full survey of macroeconomics, the book examines growth theory and equilibrium and disequilibrium approaches to provide a comprehensive survey of all the rival theoretical approaches that underlie central policy debates. A survey of pre-Keynesian theories of growth, fluctuations and the various short and long cycles and crises is followed by an exposition of Keynesian theory and its subsequent development and of the neo-classical revival. Topics covered include: * Non-clearing markets * Involuntary unemployment * Persistent inflation. As well as full coverage of the English-language literature, Macrodynamics covers important contributions from the new school of French macroeconomists, including Malinvaud, Benassy and Grandmont.
Author | : James Crotty |
Publisher | : Edward Elgar Publishing |
Total Pages | : 439 |
Release | : 2017-04-28 |
Genre | : Business & Economics |
ISBN | : 1784719021 |
The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than sound social science. James Crotty develops alternative theories built on realistic assumptions that can explain most of the disastrous economic and financial developments of the past four decades. His work contributes to the collective creation of a solid theoretical foundation on which to build an understanding of the ‘laws of motion’ of capitalism in the post WWII era.