Capitalism Socialism And Post Keynesianism

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Capitalism, Socialism, and Post-Keynesianism

Author : Geoffrey Colin Harcourt
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 51,7 Mb
Release : 1995
Category : Business & Economics
ISBN : UCSC:32106012227523

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Capitalism, Socialism, and Post-Keynesianism by Geoffrey Colin Harcourt Pdf

This work begins with three essays on policy issues: the case for a middle way between command economies and free market economies; the broad principles of fiscal policy for Australia in the 1990s; and an integrated set of modest proposals to get the world economy on the path to prosperity. All approaches used in these essays are associated with the broad church of post-Keynesianism and the belief that economics should produce a more just and equitable society. Later essays analyze theoretical topics in an historical context. The remaining papers are a selection of intellectual biographies, and general esays which range from the author's views on the relationship between mathematics and economics to what Adam Smith really said.

Keynes Against Capitalism

Author : James Crotty
Publisher : Routledge
Page : 398 pages
File Size : 53,9 Mb
Release : 2019-04-29
Category : Business & Economics
ISBN : 9780429877063

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Keynes Against Capitalism by James Crotty Pdf

Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.

Reforming Capitalism for the Common Good

Author : Whalen, Charles J.
Publisher : Edward Elgar Publishing
Page : 399 pages
File Size : 45,5 Mb
Release : 2022-08-23
Category : Business & Economics
ISBN : 9781803926292

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Reforming Capitalism for the Common Good by Whalen, Charles J. Pdf

In this book of carefully selected essays, Charles Whalen presents constructive analyses of vital economic problems confronting the United States since the 1970s, giving special attention to challenges facing working families. The analyses are grounded in Whalen’s career of more than three decades, during which he has gleaned insight from institutional and post-Keynesian economics and contributed to national economic policy-making, equitable regional development, and worker engagement in business decisions. The result is a compelling case for reforming capitalism by addressing workers’ interests as an integral part of the common good, and for reconstructing economics in the direction of post-Keynesian institutionalism.

Neo-Marxism and Post-Keynesian Economics

Author : Ludo Cuyvers
Publisher : Taylor & Francis
Page : 264 pages
File Size : 50,9 Mb
Release : 2022-06-09
Category : Business & Economics
ISBN : 9781000600421

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Neo-Marxism and Post-Keynesian Economics by Ludo Cuyvers Pdf

Piero Sraffa and Joan Robinson, both iconic Cambridge economists, were highly influenced by the economic theory of Karl Marx, and integrated important elements of Marx’s economic system into their theories. This book argues, based on published and unpublished documents, that the work of Sraffa and Robinson can in fact be considered as essentially post-Keynesian neo-Marxist. The first part of the book reviews the intellectual development of several key thinkers to this neo-Marxist current in economic thought: Kalecki, Steindl, Baran and Sweezy. Part One and Part Two separately examine Robinson and Sraffa’s works and questions how they fit into this specific neo-Marxist current, either building on it (in Robinson’s case), or following another direction (in Sraffa’s case). Part Three observes Robinson’s theory of economic growth and its relationship to the views of Marx and Kalecki. Overall, Cuyvers demonstrates how their thought processes share characteristics with neo-Marxist key ideological ideas, such as stating or implying the labour theory of value as either redundant or wrong, emphasising the role of class struggle in the distribution of income and rejecting Marx’s falling rate of profits. Following on from ideas briefly introduced in Cuyvers’s Economic Ideas of Marx’s Capital (2017), this book will particularly appeal to readers interested in the history of economic thought, the work of Sraffa, Robinson and Marx, post-Keynesian economics and neo-Marxism.

Capitalism, Socialism and Radical Political Economy

Author : Howard J. Sherman,Robert Pollin
Publisher : Edward Elgar Publishing
Page : 400 pages
File Size : 40,9 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105110176174

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Capitalism, Socialism and Radical Political Economy by Howard J. Sherman,Robert Pollin Pdf

The broad range of topics collected here, in 20 papers first presented at a conference at the U. of California, Riverside in 1999, signal the reader of the range of issues and concerns that have been addressed by the volume's dedicatee. Topics include: long-term trends in global capitalism, the relationship between Marxism and institutionalism, debates over the usefulness of class analysis, the political economy of financial liberalization, lessons from the demise of socialism in the Soviet Union and China, and the possibilities of advancing a workable egalitarian economic agenda. Pollin (political economics, U. of Massachusetts, Amherst) provides a fond preface on Sherman, who is also feted with a biography and bibliography. The contributors are all political economists, many of them at Riverside. Annotation copyrighted by Book News Inc., Portland, OR

Marx and Keynes

Author : Paul Mattick
Publisher : Pattern Books
Page : 396 pages
File Size : 51,7 Mb
Release : 2020-11-30
Category : Political Science
ISBN : 9784487549481

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Marx and Keynes by Paul Mattick Pdf

Marx and Keynes: The Limits of the Mixed Economy is a 1969 book by Paul Mattick which presents a Marxist critique of the Keynesian approach to economic problems. During a time in which the economic orthodoxy was to say that the contradictions of the capitalist system had been overcome, Marx and Keynes goes against the orthodoxy to examine how the solutions which are presented for the market in Keynesianism are only limited and present the same contradictions. Written before the complete turn to Neoliberalism, Mattick not only critiques Keynes' policies, but also points out the same contradictions of the system exist within the state capitalism of the USSR, proclaiming himself an "Anti-Bolshevik Communist." Past being a critique of Keynesianism, Marx and Keynes is also a guide to understanding Marx's economics, from the theory of value to the falling rate of profit, Mattick applies Marx to the current state of economics in the '60s. Paul Mattick, Sr. (March 13, 1904 - February 7, 1981) was a Marxist political writer and social revolutionary, whose thought can be placed within the council communist and left communist traditions.

Socialism, Capitalism and Alternatives

Author : Peter J. S. Duncan,Elisabeth Schimpfössl
Publisher : UCL Press
Page : 254 pages
File Size : 50,5 Mb
Release : 2019-10-14
Category : Political Science
ISBN : 9781787353831

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Socialism, Capitalism and Alternatives by Peter J. S. Duncan,Elisabeth Schimpfössl Pdf

In 1989 the Berlin Wall came down. Two years later the Soviet Union disintegrated. The collapse of communism in Eastern Europe and the Soviet Union discredited the idea of socialism for generations to come. It was seen as representing the final and irreversible victory of capitalism. This triumphal dominance was barely challenged until the 2008 financial crisis threw the Western world into a state of turmoil. Through analysis of post-socialist Russia and Central and Eastern Europe, as well as of the United Kingdom, China and the United States, Socialism, Capitalism and Alternatives confronts the difficulty we face in articulating alternatives to capitalism, socialism and threatening populist regimes. Beginning with accounts of the impact of capitalism on countries left behind by the planned economies, the volume moves on to consider how China has become a beacon of dynamic economic growth, aggressively expanding its global influence. The final section of the volume poses alternatives to the ideological dominance of neoliberalism in the West. Since the 2008 financial crisis, demands for social change have erupted across the world. Exposing the failure of neoliberalism in the United Kingdom and examining recent social movements in Europe and the United States, the closing chapters identify how elements of past ideas are re-emerging, among them Keynesianism and radical socialism. As those chapters indicate, these ideas might well have potential to mobilise support and challenge the dominance of neoliberalism.

Post Keynesian Economic Theory

Author : Philip Arestis,Thanos Skouras
Publisher : Unknown
Page : 264 pages
File Size : 49,7 Mb
Release : 1985
Category : Business & Economics
ISBN : UCR:31210005668668

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Post Keynesian Economic Theory by Philip Arestis,Thanos Skouras Pdf

"This collection of major new essays offers a full range of alternative ways of looking at the economy. The alternatives adopted here focus on the post-Keynesian body of thought. The authors call into question the traditional ways of thinking on a number of economic issues... The essays offered here represent a serious challenge to the prevailing orthodoxies and demand new ways of thinking about economics."--p. [4] of cover.

Against Capitalism

Author : David Schweickart
Publisher : Routledge
Page : 455 pages
File Size : 40,7 Mb
Release : 2018-05-15
Category : Social Science
ISBN : 9780429982088

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Against Capitalism by David Schweickart Pdf

Capitalism is hegemonic today not because it is the best we fallible humans can do but because it supports, and is supported by, special interests of immense power. This book argues that Economic Democracy, a competitive economy of democratically run enterprises that replaces capitalist financial markets with more suitable institutions, will be more efficient than capitalism, more rational in its growth, more democratic, more egalitarian, and less alienating.Against Capitalism is an ambitious book, drawing on philosophical analysis, economic theory, and considerable empirical evidence to advance its controversial thesis. It examines both conservative and liberal forms of capitalism; it compares Economic Democracy to other models of socialism; and it considers the transition to Economic Democracy from advanced capitalist societies, from economies built on the Soviet model, and from conditions of underdevelopment. The book concludes with some unconventional reflections on historical materialism, ideal communism, and the future of Marxism.

Institutions, Behaviour and Economic Theory

Author : Heinrich Bortis
Publisher : Cambridge University Press
Page : 467 pages
File Size : 53,8 Mb
Release : 1997
Category : Business & Economics
ISBN : 9780521570558

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Institutions, Behaviour and Economic Theory by Heinrich Bortis Pdf

This book is about the conceptual foundations of an intermediate way between liberalism and socialism. From a standpoint of economic theory, this middle way is conceived of as a synthesis of classical (Ricardian) and Keynesian political economy. While the former deals with proportions between individuals or collectives and society in tackling the problems of distribution and value on the basis of the surplus principle, the latter is concerned with the scale of economic activity as explained by the principle of effective demand. Political economy pictures the economic aspects of the functioning of the institutional system within which the behaviour of individuals is embedded. The economy considered is, primarily, neither a market nor a planned economy, but, rather, a monetary production economy. To establish an alternative to liberalism and socialism requires setting up a system of the social sciences. In this work suggestions are made for linking political economy with other social sciences, i.e. sociology, law and politics in the traditional sense, thus establishing the unity of the social sciences. In a Keynesian vein, the social sciences are conceived of as moral sciences, a view which gives rise to a specific philosophy of history. To complete the picture, issues of method associated with the theory of knowledge in the social sciences and the problem of linking theory with historical reality are also covered.

Keynes and Macroeconomics After 70 Years

Author : L. Randall Wray,Mathew Forstater
Publisher : Edward Elgar Publishing
Page : 354 pages
File Size : 43,8 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 9781848446205

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Keynes and Macroeconomics After 70 Years by L. Randall Wray,Mathew Forstater Pdf

The book is strongly recommended for those interested in the continuing reception of Keynes s thinking. John B. Davis, EH.NET In this substantial new collection, esteemed Post-Keynesian scholars reassess the relevance of Keynes s The General Theory to a broad array of topic areas, ranging from the environment, investment finance, exchange rates, and socialism, as well as inquiries into general Post-Keynesian theory. In response to the current economic crisis, many people looking for new solutions are excitedly re-discovering the Post-Keynesian tradition of money modeling and theory. This book offers a broad array of recent Post-Keynesian scholarship, providing a good contextual understanding of the current state of the field from which innovative money solutions are springing. Topics covered here include: Keynes and heterodox economics, the founding fathers of Post-Keynesian economics, Keynesian models, Keynesian policy, and the modern development and extensions of Keynesian economics. Academics and practitioners eager for a solid heterodox approach to economics and money theory, the environment, finance, and political science will find the book an invaluable addition to their collection.

An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics

Author : John E. King
Publisher : Springer Science & Business Media
Page : 232 pages
File Size : 52,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400918108

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An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics by John E. King Pdf

lE. King Michael Kalecki (1899-1970) was one of the most important, and also one of the most underrated, economists of the twentieth century. In the 1930s he made a series of fundamental contributions to macroeconomic theory which anticipated, complemented and in some ways surpassed those of Keynes. Almost entirely self-educated in economics, and influenced rul much by Marxism as by mainstream theory, Kalecki very largely escaped the fatal embrace of pre-Keynesian orthodoxy, which blunted the thrust of the General Theory. Many Post Keynesians, in particular, have found in his work the elements of a convincing alternative to what Joan Robinson -Kalecki's greatest advocate in the English-speaking world - was scathingly to describe as 'bastard Keynesianism' . But Kalecki was never interested in theory for its own sake. He approached economics from a practical perspective, wrote extensively on applied and policy questions, and in the [mal decades of his life turned his attention increasingly to problems of economic development and the management of state socialist economies.

Capitalism and Its Economics

Author : Douglas Fitzgerald Dowd
Publisher : Pluto Press (UK)
Page : 344 pages
File Size : 47,6 Mb
Release : 2000
Category : Capitalism
ISBN : UCSC:32106017662831

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Capitalism and Its Economics by Douglas Fitzgerald Dowd Pdf

This popular illustrated history explores the dramatic highs and lows of Wall Street and its development through the 19th century.

Markets, Unemployment, and Economic Policy

Author : Philip Arestis,J. Gabriel Palma,Malcolm C. Sawyer
Publisher : Psychology Press
Page : 604 pages
File Size : 45,6 Mb
Release : 1997
Category : Business & Economics
ISBN : 0415133904

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Markets, Unemployment, and Economic Policy by Philip Arestis,J. Gabriel Palma,Malcolm C. Sawyer Pdf

In this volume more than 40 leading economists critically evaluate the work of Geoff Harcourt. Contributors include Tony Atkinson, Tony Lawson, Edward Nell and Ian Steedman.

The Spectre of Capitalism

Author : William Keegan
Publisher : Random House (UK)
Page : 240 pages
File Size : 50,5 Mb
Release : 1992
Category : Business & Economics
ISBN : UCSC:32106010891999

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The Spectre of Capitalism by William Keegan Pdf

The author argues that with the collapse of communism, world leaders must now answer the question about the kind of capitalism that is going to replace bankrupt economies. This book highlights the success of a mixed economy that combines a free market with state responsibility for infrastructure.