Evolutionary Economics And The Theory Of Monopoly Capitalism
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Evolutionary Economics And The Theory Of Monopoly Capitalism
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Author : Riccardo Leoncini
language : en
Publisher:
Release Date : 1992
Evolutionary Economics And The Theory Of Monopoly Capitalism written by Riccardo Leoncini and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Capitalism categories.
The Theory Of Monopoly Capitalism
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Author : John Bellamy Foster
language : en
Publisher: NYU Press
Release Date : 2014-04
The Theory Of Monopoly Capitalism written by John Bellamy Foster and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04 with Business & Economics categories.
Absent any "epoch making innovations" like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or "accumulation on a world scale," overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy.
Marshall And Schumpeter On Evolution
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Author : Yuichi Shionoya
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01
Marshall And Schumpeter On Evolution written by Yuichi Shionoya 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 2009-01-01 with Biography & Autobiography categories.
This collection of essays offers a fresh and challenging interpretation which departs from the received views of two giants among the greatest economists of all times. Distinguished scholars of Marshall and Schumpeter engage in a lively discussion of their work and convincingly argue that, despite their differences, they shared a common drive towards a broader type of social science beyond economics. It is an intriguing account that will not fail to attract and fascinate the majority of readers. Maria Cristina Marcuzzo, Università di Roma, Italy Ever since the development of the theory of biological evolution in the middle of the nineteenth century, evolutionary doctrine has posed challenges to economics. These came directly from the work of Darwin and Huxley and indirectly through economic history and the juxtaposition of dynamics with comparative statics the approach widely adopted by economists by the end of the century. The eminent historians of economics, Yuichi Shionoya and Tamotsu Nishizawa, together with a distinguished team of specialists, have produced an important set of essays that examine the positions on evolution of Marshall and Schumpeter and the economists who surrounded them. This collection is a valuable contribution to the history of economics and is highly relevant to controversies that rage still in the economics discipline today. Craufurd Goodwin, Duke University, US Traditionally it was understood that while Marshall was the synthesizer of neoclassical economics, Schumpeter challenged the dynamic conception of the economy in place of the static structure of economics. While historians of economic thought rarely discuss the work of Alfred Marshall and Joseph Schumpeter jointly, the contributors to this book do exactly this from the perspective of evolutionary thought. This unique and original work contends that, despite the differences between Marshallian and Schumpeterian thinking, they both present formidable challenges to a broad type of social science beyond economics, particularly under the influence of the German historical school. In a departure from the received view on the nature of the works of Marshall and Schumpeter, the contributors explore their themes in terms of an evolutionary vision and method of evolution; social science and evolution; conceptions of evolution; and evolution and capitalism. This timely resource will provide a stimulus not only to Marshall and Schumpeter scholarship within the history of economic thought but also to the recent efforts of economists to explore a research field beyond mainstream equilibrium economics. It will therefore prove a fascinating read for academics, students and researchers of evolutionary and heterodox economics and historians of economic thought.
Evolutionary Economics
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Author : David Hamilton
language : en
Publisher: Routledge
Release Date : 2017-07-05
Evolutionary Economics written by David Hamilton and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.
In reviewing this book in The Economic Journal, S.G. Checkland said that it should be read as a vigorous attempt to relate economics to general thinking and as a challenge to those who are practitioners or elaborators of narrowly prescribed techniques.
The Theory Of Monopoly Capitalism
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Author : John Bellamy Foster
language : en
Publisher:
Release Date : 2014
The Theory Of Monopoly Capitalism written by John Bellamy Foster and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with POLITICAL SCIENCE categories.
"In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marx's work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulated--as a result of their pricing power, massive sales efforts, and other factors--could not be profi tably invested back into the economy. Absent any "epoch making innovations" like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or "accumulation on a world scale," overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezy's analysis of the fi nancialization of the economy in the 1970s, '80s, and '90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of today's monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself. "--
An Evolutionary Theory Of Economic Change
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Author : Richard R. Nelson
language : en
Publisher: Harvard University Press
Release Date : 1985-10-15
An Evolutionary Theory Of Economic Change written by Richard R. Nelson and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-10-15 with Business & Economics categories.
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Richard R. Nelson and Sidney G. Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
A Modern Reader In Institutional And Evolutionary Economics
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Author : European Association for Evolutionary Political Economy
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002
A Modern Reader In Institutional And Evolutionary Economics written by European Association for Evolutionary Political Economy 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 2002 with Business & Economics categories.
Attempting a broad overview of the development of institutional and environmental economics over the past few decades, Hodgson (Hertfordshire Business School, UK) presents 11 previously published papers that explore key concepts, compare economic theories, and compare differences between different capitalist economies. Specific topics include a survey of institutional works on pricing theory, the importance of the concept of learning, the role of trust in economic relationships, the dangers of methodological pluralism, and the diversity of economies in Central and Eastern Europe. Annotation copyrighted by Book News, Inc., Portland, OR
Evolutionary Economics And Creative Destruction
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Author : J. Stanley Metcalfe
language : en
Publisher: Psychology Press
Release Date : 2006
Evolutionary Economics And Creative Destruction written by J. Stanley Metcalfe and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Evolutionary economics categories.
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.
Evolution And Institutions
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Author : Geoffrey Martin Hodgson
language : en
Publisher: Edward Elgar Publishing
Release Date : 1999
Evolution And Institutions written by Geoffrey Martin Hodgson 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 1999 with Business & Economics categories.
Considers the future of economics as a viable discipline. Along with evolutionary economics, examines the development of economic theory during the 20th century, highlighting the origins and consequences of the field's narrowing and its increasing irrelevance, and suggesting that it will be inadequate to cope with the complex ideas on the horizon. Analyzes some of the attempts to redirect theoretical economics to real world issues, then proposes a move away from mathematical formalization, greater tolerance for different approaches, and learning from biology and other sciences. Annotation copyrighted by Book News, Inc., Portland, OR
Macroeconomics And Monopoly Capitalism
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Author : Ben Fine
language : en
Publisher:
Release Date : 1984
Macroeconomics And Monopoly Capitalism 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 1984 with Business & Economics categories.