The Macrodynamics Of Capitalism

Author : Peter Flaschel
Publisher : Springer Science & Business Media
ISBN 13 : 3540879323
Total Pages : 402 pages
Book Rating : 4.29/5 ( download)

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Download or read book The Macrodynamics of Capitalism written by Peter Flaschel and published by Springer Science & Business Media. This book was released on 2008-12-11 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 1315491958
Total Pages : 835 pages
Book Rating : 4.50/5 ( download)

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Download or read book The Macrodynamics of Advanced Market Economics written by Alfred S. Eicher and published by Routledge. This book was released on 2019-07-12 with total page 835 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 0230375340
Total Pages : 155 pages
Book Rating : 4.45/5 ( download)

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Download or read book Capitalist Macrodynamics written by D. Laibman and published by Springer. This book was released on 1997-07-14 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :
ISBN 13 : 9780333682913
Total Pages : 143 pages
Book Rating : 4.12/5 ( download)

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Download or read book Capitalist Macrodynamics written by David Laibman and published by . This book was released on 1997 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :
ISBN 13 : 9781315491974
Total Pages : pages
Book Rating : 4.74/5 ( download)

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Download or read book The Macrodynamics of Advanced Market Economies written by Alfred S. Eichner and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Richard M. Goodwin
Publisher : Routledge
ISBN 13 : 1000316017
Total Pages : 402 pages
Book Rating : 4.18/5 ( download)

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Download or read book The Dynamics Of A Capitalist Economy written by Richard M. Goodwin and published by Routledge. This book was released on 2019-09-05 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : A. V. Korotaev
Publisher : Editorial URSS
ISBN 13 : 5484004144
Total Pages : 19 pages
Book Rating : 4.40/5 ( download)

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Download or read book Introduction to Social Macrodynamics: Compact Macromodels of the World System Growth written by A. V. Korotaev and published by Editorial URSS. This book was released on 2006 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Paul Swanson
Publisher : Routledge
ISBN 13 : 1136230742
Total Pages : 394 pages
Book Rating : 4.45/5 ( download)

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Download or read book An Introduction to Capitalism written by Paul Swanson and published by Routledge. This book was released on 2012-12-07 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Embedded in an historical account of the development of U.S. capitalism up to the present day, this book gives the reader a thorough description of the major aspects of the U.S. economy, as well as a theoretical understanding of the overall economy. A particular focus of this book is how free markets work in capitalism and the interrelationship between markets and the government. Of particular interest in the current economic situation is the question of what can the government do to get the economy going again. Underlying the standard economics text today is the fundamental belief that leaving markets as free as possible will lead to the ideal economy. Directly opposing this approach, this book takes a critical stance toward free markets. Rather than viewing markets as the ideal solution to almost all economic problems, this book argues that markets are not always the answer. On the contrary, they are often the problem, and must be corrected by government action. Related to this critical stance, and in a further departure from current economics texts, this book takes an explicitly Keynesian approach to the macro-economy. Rejecting the free market approach which dominates both micro- and macro-economics today, this book offers a fresh perspective on economics and the economy today.

Author : Masao Ishikura
Publisher : Emerald Group Publishing
ISBN 13 : 178714478X
Total Pages : 329 pages
Book Rating : 4.81/5 ( download)

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Download or read book Return of Marxian Macro-dynamics in East Asia written by Masao Ishikura and published by Emerald Group Publishing. This book was released on 2017-08-21 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Anwar Shaikh
Publisher : Oxford University Press
ISBN 13 : 0199390657
Total Pages : 896 pages
Book Rating : 4.56/5 ( download)

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Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.