Selected Essays on the Dynamics of the Capitalist Economy 1933-1970 PDF Download

Author: Michal Kalecki
Publisher: CUP Archive
ISBN: 9780521079839
Category : Business & Economics
Languages : en
Pages : 216

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Author: Bob Milward
Publisher: Palgrave Macmillan
ISBN: 9780312234171
Category : Business & Economics
Languages : en
Pages : 219

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This text deals with the distinctive method of Marx's political economy, with an emphasis on it's origins. It applies this method to key contemporary issues such as unemployment, globalization and the crisis of the welfare state.

Author: Yann Moulier-Boutang
Publisher: Polity
ISBN: 0745647324
Category : Business & Economics
Languages : en
Pages : 258

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This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;

Author: Paul Marlor Sweezy
Publisher: NYU Press
ISBN: 0853452253
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
This is the first of the series of four collections of essays in which Paul M. Sweezy and Harry Magdoff, the editors of Monthly Review, chronicled, as it was taking place, the development of U.S. and global capitalism from the end of its "golden age" in the late 1960s to the full onset of the financial explosion of the early 1990s and after. With exceptional clarity, the authors explain basic economic principles and bring them to life with concrete examples drawn from the daily workings of the corporations and the financial markets, and the international monetary system.

Author: Alfred Dupont CHANDLER
Publisher: Harvard University Press
ISBN: 0674029380
Category : History
Languages : en
Pages : 782

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Scale and Scope is Alfred Chandler's first major work since his Pulitzer Prize-winning The Visible Hand. Representing ten years of research into the history of the managerial business system, this book concentrates on patterns of growth and competitiveness in the United States, Germany, and Great Britain, tracing the evolution of large firms into multinational giants and orienting the late twentieth century's most important developments. This edition includes the entire hardcover edition with the exception of the Appendix Tables.

Author: Michal Kalecki
Publisher:
ISBN: 9781583677254
Category : Business cycles
Languages : en
Pages : 180

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Author: Anwar Shaikh
Publisher: Oxford University Press
ISBN: 0199390657
Category : Business & Economics
Languages : en
Pages : 1019

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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.

Author: Jens Beckert
Publisher: Harvard University Press
ISBN: 0674545893
Category : Social Science
Languages : en
Pages : 384

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In a capitalist system, consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How actors assess uncertainty is a problem that economists have tried to solve through general equilibrium and rational expectations theory. Powerful as these analytical tools are, they underestimate the future’s unknowability by assuming that markets, in the aggregate, correctly forecast what is to come. Jens Beckert adds a new chapter to the theory of capitalism by demonstrating how fictional expectations drive modern economies—or throw them into crisis when the imagined futures fail to materialize. Collectively held images of how the future will unfold are critical because they free economic actors from paralyzing doubt, enabling them to commit resources and coordinate decisions even if those expectations prove inaccurate. Beckert distinguishes fictional expectations from performativity theory, which holds that predictions tend to become self-fulfilling prophecies. Economic forecasts are important not because they produce the futures they envision but because they create the expectations that generate economic activity in the first place. Actors pursue money, investments, innovations, and consumption only if they believe the objects obtained through market exchanges will retain value. We accept money because we believe in its future purchasing power. We accept the risk of capital investments and innovation because we expect profit. And we purchase consumer goods based on dreams of satisfaction. As Imagined Futures shows, those who ignore the role of real uncertainty and fictional expectations in market dynamics misunderstand the nature of capitalism.

Author: Angus Maddison
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
An analysis of the nature of growth in 16 advanced capitalist countries which together account for half of world GDP, using a standardized framework of comparative growth accounts. The author identifies the causal factors reponsible for the unprecedented growth in these countries since 1820.

Author: William H. Janeway
Publisher: Cambridge University Press
ISBN: 1107031257
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.