Capitalism, Conflict, and Inflation
Title | Capitalism, Conflict, and Inflation PDF eBook |
Author | Bob Rowthorn |
Publisher | London : Lawrence and Wishart |
Pages | 284 |
Release | 1980 |
Genre | Political Science |
ISBN |
Capitalism
Title | Capitalism PDF eBook |
Author | Anwar Shaikh |
Publisher | Oxford University Press |
Pages | 1019 |
Release | 2016-01-15 |
Genre | Business & Economics |
ISBN | 0199390657 |
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.
Capitalism, Conflict and Inflation
Title | Capitalism, Conflict and Inflation PDF eBook |
Author | Robert Rowthorn |
Publisher | |
Pages | 0 |
Release | 1980 |
Genre | |
ISBN |
Capitalism
Title | Capitalism PDF eBook |
Author | Anwar Shaikh |
Publisher | Oxford University Press |
Pages | 1019 |
Release | 2016 |
Genre | Business & Economics |
ISBN | 0199390630 |
In Capitalism, Anwar Shaikh demonstrates that most of the central propositions of economic analysis can be derived without any reference to hyperrationality, optimization, perfect competition, perfect information, representative agents or so-called rational expectations. These include 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.
Beyond Varieties of Capitalism
Title | Beyond Varieties of Capitalism PDF eBook |
Author | Bob Hancké |
Publisher | OUP Oxford |
Pages | 448 |
Release | 2007-05-17 |
Genre | Business & Economics |
ISBN | 0191525685 |
Since the early 1990s, Europe's economies have been facing several new challenges: the single market programme, the collapse of the Berlin wall and eastward enlargement, and monetary unification. Building on the influential Varieties of Capitalism (VoC) perspective, first elaboarted in detail in the book Varieties of Capitalism (OUP, 2001), this book critically analyzes these developments in the European political economy and their effects on the continental European economies. Leading political economists from Europe and the US debate how VoC can help understand the political-economic challenges that Europe is facing today and how understanding these new challenges can in turn enrich and enhance the VoC perspective. Thematically, the contributions to this volume are organised in four sections: * how the macro-economics of EMU have influenced different European models of capitalism, * how the Single Market programme was received in the different institutional regimes in European capitalism, * how welfare and labour market reforms are debated and implemented, * how European capitalism travelled east after 1989. Preceding this is a spirited defence of the VoC approach by Peter Hall, and an introduction from the volume editors, considering the approach, and proposing extensions and amendments. This book demonstrates that the VoC approach remains, as the editors put it in their introduction, a rich seam to mine, capable of accommodating new developments, and theoretically flexible enough to produce new and innovative hypotheses and arguments.
Order and Conflict in Contemporary Capitalism
Title | Order and Conflict in Contemporary Capitalism PDF eBook |
Author | Joint Committee on Western Europe |
Publisher | Oxford : Clarendon Press ; Oxford ; New York : Oxford University Press |
Pages | 392 |
Release | 1984 |
Genre | Business & Economics |
ISBN |
...Impressively coherent volume.'___ The Economic Journal .
Capitalism in Crisis
Title | Capitalism in Crisis PDF eBook |
Author | Andrew Gamble |
Publisher | |
Pages | 232 |
Release | 1976 |
Genre | Business cycles |
ISBN |
Based on the author's 1973 Isaac Deutscher memorial lecture entitled Late capitalism in crisis, delivered in February 1973 at the London School of Economics.