Author: Jerry Courvisanos
Publisher: Edward Elgar Pub
ISBN: 9781847205964
Category : Business & Economics
Languages : en
Pages : 317
Book Description
"Cycles, crises and innovation are the major economic forces that shape capitalist economies. Using a critical realist political economy approach, the analysis in this fine work is based on the works of Michal Kalecki and Joseph Schumpeter - both of whom identify these three dynamic forces as plotting the path of economic development. Jerry Courvisanos' thought-provoking book examines how the rise of capital through investment enshrines innovation in profit and power which in turn determines the course of cycles and crises." -- Back cover.