Capital Accumulation And Money

Author : L.D. Taylor
Publisher : Springer Science & Business Media
Page : 271 pages
File Size : 49,8 Mb
Release : 2013-03-09
Category : Business & Economics
ISBN : 9781475747096

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Capital, Accumulation, and Money by L.D. Taylor Pdf

Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.

Author : Lester D. Taylor
Publisher : Unknown
Page : 308 pages
File Size : 41,7 Mb
Release : 2010-09-13
Category : Electronic
ISBN : 1441900187

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Capital, Accumulation, and Money by Lester D. Taylor Pdf

Author : D. Foley
Publisher : Taylor & Francis
Page : 71 pages
File Size : 52,5 Mb
Release : 2013-07-04
Category : Business & Economics
ISBN : 9781136462986

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Money, Accumulation and Crisis by D. Foley Pdf

Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Author : E. Hein
Publisher : Springer
Page : 214 pages
File Size : 41,8 Mb
Release : 2007-12-19
Category : Business & Economics
ISBN : 9780230595606

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Money, Distribution Conflict and Capital Accumulation by E. Hein Pdf

This book demonstrates that 'monetary analysis', as contained in Post-Keynesian monetary theories, but also in the Neo-Ricardian monetary theory of distribution and in Marx's monetary analysis, can be integrated into Post-Keynesian models of distribution of growth in a convincing way.

Author : Eckhard Hein
Publisher : Unknown
Page : 214 pages
File Size : 48,7 Mb
Release : 2008
Category : Credit
ISBN : 1349356425

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Money, Distribution Conflict and Capital Accumulation by Eckhard Hein Pdf

The book demonstrates that 'monetary analysis', as contained in Post-Keynesian monetary theories, but also in the Neo-Ricardian monetary theory of distribution and in Marx's monetary analysis, can be integrated into Post-Keynesian models of distribution of growth in a convincing way. In particular, Kaleckian distribution and growth models turn out to be an adequate basis to start from, because these models already include major features of modern credit money economies: the long-run independence of investment from saving, the latent underutilisation of productive capacities also in the long run, and the conflict over the distribution of income. The integration of endogenous money and credit, as well as an exogenous monetary interest rate mainly determined by central bank policies into demand driven distribution and growth models also contributes to a Post-Keynesian alternative to New Consensus macroeconomics.

Author : Geert Reuten
Publisher : BRILL
Page : 737 pages
File Size : 45,8 Mb
Release : 2018-12-24
Category : Political Science
ISBN : 9789004392809

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The unity of the capitalist economy and state by Geert Reuten Pdf

In The unity of the capitalist economy and state, Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity. In its critique of contemporary economics, the book argues that in order to comprehend the capitalist system, one requires a full synthetic exposition of the economic and state institutions and processes necessary for its continued existence. A synthetic approach also reveals a range of components that are often obscured by partial analyses. In its systematic character, Reuten’s work takes inspiration from Marx’s provisional outline of the capitalist system in Capital, while also addressing fields that Marx left unfinished – such as the capitalist state.

Author : Ronald I. McKinnon
Publisher : Brookings Institution Press
Page : 204 pages
File Size : 55,5 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 0815718497

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Money and Capital in Economic Development by Ronald I. McKinnon Pdf

This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.

Author : Joan Robinson
Publisher : Philadelphia : Porcupine Press
Page : 464 pages
File Size : 42,9 Mb
Release : 1986
Category : Saving and investment
ISBN : UOM:39076000404066

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The Accumulation of Capital by Joan Robinson Pdf

Author : Thomas Piketty
Publisher : Harvard University Press
Page : 817 pages
File Size : 42,6 Mb
Release : 2017-08-14
Category : Business & Economics
ISBN : 9780674979857

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Capital in the Twenty-First Century by Thomas Piketty Pdf

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

Author : Wei-Bin Zhang
Publisher : Routledge
Page : 395 pages
File Size : 44,8 Mb
Release : 2008-07-23
Category : Business & Economics
ISBN : 9781134043729

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Monetary Growth Theory by Wei-Bin Zhang Pdf

This book answers some challenging questions in monetary growth theory within a compact theoretical framework. The author succeeds in integrating the theory of money, the theory of value and the theory of growth. The book re-examines many important ideas in modern monetary economics within a single analytical framework. It is concerned not only with traditional one-sector growth models of a homogeneous population with endogenous capital and knowledge, but also with multi-sector models, economies with heterogeneous households, and economies with urban structures, interregional interactions and international trade. Zhang’s book will appeal to those studying monetary economics, neoclassical growth theory, development economics and international economics. It is also useful more generally, for researchers in social sciences with an interest in the role of money in modern societies.

Author : Duncan K. Foley
Publisher : Psychology Press
Page : 60 pages
File Size : 45,8 Mb
Release : 1986
Category : Business & Economics
ISBN : 0415269849

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Money, Accumulation and Crisis by Duncan K. Foley Pdf

Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Author : Geoffrey McCormack,Thom Workman
Publisher : Fernwood Publishing
Page : 134 pages
File Size : 54,6 Mb
Release : 2015-12-01T00:00:00Z
Category : Political Science
ISBN : 9781552667842

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The Servant State by Geoffrey McCormack,Thom Workman Pdf

The global financial and industrial turmoil of recent years has once more brought the crisis-prone nature of the capitalist system to the forefront. In the context of economic stagnation and the retreat of working-class organizations, the rich and powerful around the world have redoubled their attack on the poor through neoliberal policies and austerity measures. In The Servant State, McCormack and Workman explore Canada’s experience through the “age of austerity” and highlight how this experience has been shaped by the exigencies of capitalist development and the catalyzing role of the Canadian state. The analytical standpoint is not that of the oppressed per se, but rather that of capitalism as a whole. They share the condemnation of the capitalist establishment, are appalled by the greed and avarice of the ruling elite and despair at the obscenities of the age; however, the critical spirit of their study is imbued less with a mood of indignation and more with assumptions and sensitivities about the inner tendencies of capitalism and the obliging role of the state. The struggle against contemporary excess and horror, they argue, must be framed with reference to the immuring tendencies of the capitalist order of things.

Author : Thomas H. Krueger
Publisher : Unknown
Page : 254 pages
File Size : 48,8 Mb
Release : 1988
Category : International finance
ISBN : OCLC:19820672

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Money, Capital Accumulation, and International Transactions by Thomas H. Krueger Pdf

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 47,8 Mb
Release : 1976
Category : Electronic
ISBN : OCLC:911143753

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Money and Capital Accumulation by Anonim Pdf

Author : Daniel Woodley
Publisher : Routledge
Page : 246 pages
File Size : 51,7 Mb
Release : 2019-10-29
Category : Political Science
ISBN : 9781000691641

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Finance, Accumulation and Monetary Power by Daniel Woodley Pdf

This accessible yet rigorous book examines the development of ‘financial socialism’ in advanced capitalist economies in the decade since the global financial crisis of 2007–2009. This new term refers to an attempt to resolve the accumulation crisis of capital through coordinated central bank activism, where state circuits of monetary capital assume a critical role in the reproduction of capitalist social relations. The book explains the dynamics of the crisis as it has developed and assesses the response of monetary elites to systemic financial risk in the global economy. Their failure to re-engineer growth following the technology boom of the late 1990s and the global financial crisis are driving fundamental changes in the form and function of capitalist money, which have yet to be theorized adequately. Finance, Accumulation and Monetary Power presents a revealing and radical critique of the failure of the International Political Economy to apprehend changes taking place within capitalism, employing a critical-theoretical analysis of contradictions in the capitalist reproduction scheme. The book will be of key interest to scholars, students and readers of international political economy, critical political economy, heterodox economics, globalization, international relations, international political sociology, business studies and finance.