Classical Political Economics And Modern Capitalism
DOWNLOAD
Download Classical Political Economics And Modern Capitalism PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Classical Political Economics And Modern Capitalism book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Classical Political Economics And Modern Capitalism
DOWNLOAD
Author : Lefteris Tsoulfidis
language : en
Publisher: Springer Nature
Release Date : 2019-09-05
Classical Political Economics And Modern Capitalism written by Lefteris Tsoulfidis and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-05 with Political Science categories.
This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies. On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth. Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.
Classical Political Economics And Modern Capitalism
DOWNLOAD
Author : Lefteris Tsoulfidis
language : en
Publisher: Springer
Release Date : 2019-08-27
Classical Political Economics And Modern Capitalism written by Lefteris Tsoulfidis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-27 with Political Science categories.
This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies. On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth. Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.
Capital Theory And Political Economy
DOWNLOAD
Author : Lefteris Tsoulfidis
language : en
Publisher: Routledge
Release Date : 2021-05-31
Capital Theory And Political Economy written by Lefteris Tsoulfidis and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-31 with Business & Economics categories.
In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according to which the prices of factors of production directly depend on their relative scarcities. Sraffa showed that when income distribution changes, there are many complexities developed within the economic system impacting on prices in ways which are not possible to predict. These debates were revisited in the 1980s and again more recently, along with a parallel literature that has developed among neoclassical economists and has also looked at the impact of shocks on an economy. This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also pinpoints the similarities and differences between the various approaches and critically evaluates them in light of available empirical evidence. The focus of the book is on the price trajectories induced by changes in income distribution and the resulting shape of the wage rates of profit curves and frontier. These issues are central to areas such as microeconomics, international trade, growth, technological change and macro stability analysis. Each chapter starts with the theoretical issues involved, followed by their formalization and subsequently with their operationalization. More specifically, the variables of the classical theory of value and distribution are rigorously defined and quantified using actual input–output data from a number of major economies, but mainly from the USA, over long stretches of time. The empirical results are not only consistent with the anticipations of the theory but also further inform and therefore strengthen its predictive content raising new significant questions.
Classical Political Economy And Modern Theory
DOWNLOAD
Author : Neri Salvadori
language : en
Publisher: Routledge
Release Date : 2013-06-17
Classical Political Economy And Modern Theory written by Neri Salvadori and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-17 with Business & Economics categories.
Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world. Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is dedicated to personal reminiscences. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
Theories Of The Capitalist Economy
DOWNLOAD
Author : Ben Fine
language : en
Publisher:
Release Date : 1982
Theories Of The Capitalist Economy written by Ben Fine and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Capitalism categories.
Modern Capitalism
DOWNLOAD
Author : Paul M. Sweezy
language : en
Publisher: NYU Press
Release Date : 1972
Modern Capitalism written by Paul M. Sweezy and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
Few contributions to the understanding of modern capitalism and its mode of operation and evolution have been more important than those made by Paul Sweezy. The essays in this volume continue and deepen his work of interpretation found in The Theory of Capitalist Development, Monopoly Capital, and The Present as History.
Capitalism Versus Anti Capitalism
DOWNLOAD
Author : Paul Fabra
language : en
Publisher: Transaction Publishers
Release Date : 1993-01-01
Capitalism Versus Anti Capitalism written by Paul Fabra and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-01-01 with Business & Economics categories.
Fabra's central thesis is that economics will not get out of the blind alley in which it has led itself--and everyone else--until it undertakes an epi-stemological inquiry into the sources of its biases. This book is concerned then with the most general structural problems that confront the economist. Covering every major theme of modern economics: from the "labor market" to the "gold standard," Fabra aims to show that the classical theories of Ricardo prevail over the more recent doctrines of both Marx and Keynes. He turns every major premise of economics on its head--starting with the reality of money and ending with the abolition of wage labor as a triumph of capitalism and market forces.
The Invention Of Capitalism
DOWNLOAD
Author : Michael Perelman
language : en
Publisher: Duke University Press
Release Date : 2000-05-03
The Invention Of Capitalism written by Michael Perelman and has been published by Duke University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-03 with Political Science categories.
The originators of classical political economy—Adam Smith, David Ricardo, James Steuart, and others—created a discourse that explained the logic, the origin, and, in many respects, the essential rightness of capitalism. But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this? Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land. This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.
Political Economy And The Rise Of Capitalism
DOWNLOAD
Author : David McNally
language : en
Publisher: University of California Press
Release Date : 2018-09-04
Political Economy And The Rise Of Capitalism written by David McNally and has been published by University of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-04 with History categories.
From the Introduction: This book challenges the conventional wisdom about classical political economy and the rise of capitalism. It is written in the conviction that modern interpretations of political economy have suffered terribly from acceptance of the prevailing liberal view of the origins and development of capitalist society. By the liberal account, capitalism emerged out of the centuries-old competitive activities of merchants and manufacturers in rational pursuit of their individual economic self-interest. Over time, this account claims, the persistent activity of these classes developed new forms of wealth and productive resources and new intellectual and cultural habits, which eroded the existing structure of society. The rise of capitalism is thus explained in terms of the rise to prominence of the most productive, rational, and progressive social groups—merchants and manufacturers. Not surprisingly, classical political economy came to be seen as an intellectual reflection of the ascendance of merchants and manufacturers and as a theoretical justification of their interests and activities. This book argues that capitalism was the product of an immense transformation in the social relationships of landed society and that this fact is crucial to understanding the development of classical political economy. Without a radical transformation of the agrarian economy, the activities of merchants and manufacturers would have remained strictly confined. By no inexorable logic of their own were mercantile and industrial activities capable of fundamentally transforming the essential relations of precapitalist society. Rather, the changes in agrarian economy, which drove rural producers from their land, forced them onto the labour market as wage labourers for their means of subsistence, and refashioned farming as an economic activity based upon the production of agricultural commodities for profit on the market, established the essential relations of modern capitalism. In what follows, these processes are described in terms of the emergence of agrarian capitalism. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1988.
Classical Economic Theory And The Modern Economy
DOWNLOAD
Author : Steven Kates
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-06-26
Classical Economic Theory And The Modern Economy written by Steven Kates and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.
Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.