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Author : Claudio Sardoni
Publisher : Unknown
Page : 186 pages
File Size : 40,8 Mb
Release : 1987
Category : Business & Economics
ISBN : UOM:39015013133932
Author : Claudio Sardoni
Publisher : Edward Elgar Publishing
Page : 193 pages
File Size : 53,8 Mb
Release : 2011-01-01
Category : Political Science
ISBN : 9780857930446
Unemployment, Recession and Effective Demand is a fine example of how critical analysis and debate about fundamental issues should be carried on. Claudio Sardoni does not pull his punches, but he criticises with courtesy in a learned and fair-minded way. His writings are a role model of proper procedure allied with cumulative persuasion through weight of evidence, sound scholarship and argument.' - From the foreword by G.C. Harcourt In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the foundations of macroeconomics as developed in the traditions of Marx, Keynes and Kalecki, which are contrasted with the current mainstream. Particular attention is given to the problem of market forms and their relevance for macroeconomics. Professional economists and postgraduate students in economics, in particular those concerned with macroeconomics and the history of economic thought in the 20th century, will find this insightful resource invaluable. This book should be required reading for a large proportion of the economics profession who are dissatisfied with the mainstream.
Author : Geoffrey Pilling
Publisher : Routledge
Page : 184 pages
File Size : 40,9 Mb
Release : 2014-05-01
Category : Business & Economics
ISBN : 9781317675594
Geoffrey Pilling’s treatment of this complex issue in political economy, first published in 1986, concentrates on a review of Keynes’ writings rather than the vast literature that has developed surrounding his work since the Second World War. It does, however, consider the work of the ‘Left Keynesians’, in particular that of Joan Robinson. The Crisis of Keynesian Economics has the potential to throw fresh light on some of the issues facing political leaders today, particularly so given that much of the Neo-Capitalist economic orthodoxy established during the 1980s has come under fresh criticism in recent years.
Author : Paul Mattick
Publisher : Pattern Books
Page : 396 pages
File Size : 49,6 Mb
Release : 2020-11-30
Category : Political Science
ISBN : 9784487549481
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.
Author : Bill Dunn
Publisher : Manchester University Press
Page : 437 pages
File Size : 40,6 Mb
Release : 2021-07-06
Category : Political Science
ISBN : 9781526154910
Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.
Author : Suzanne Wiggins Helburn,David F. Bramhall
Publisher : Armonk, N.Y. : M.E. Sharpe
Page : 368 pages
File Size : 48,8 Mb
Release : 1986
Category : Biography & Autobiography
ISBN : STANFORD:36105038193582
Author : Guiglelmo Carchedi,Michael Roberts
Publisher : Haymarket Books
Page : 507 pages
File Size : 44,7 Mb
Release : 2018-10-01
Category : Business & Economics
ISBN : 9781608461882
Most mainstream economists view capitalism’s periodic breakdowns are nothing more than temporary aberrations from another wise unbroken path toward prosperity. For Marxists, this fundamental flaw has long been acknowledged as a central feature of the free market system. This groundbreaking volume brings together Marxist scholars from around the world to offer an empirically grounded defense of Marx’s law of profitability and its central role in explaining these capitalist crises. Gugliemo Carchedi has worked at the United Nations in New York and has taught at the University of Amsterdam. Michael Roberts has worked as an economist for over thirty years in the city of London financial center.
Author : Lars Magnusson,Bo Stråth
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 40,8 Mb
Release : 2016-07-29
Category : Business & Economics
ISBN : 9781785369056
Investigating the ideological dimension and exploring the continued impact of Marx, Keynes and Hayek, the authors demonstrate how these three economic narratives became entangled over time and under increasing complexity, overlapping and competing with each other. The book reflects on the meaning of the historical legacy of the three narratives and investigates their significance today. All three outlined the prospects for a better and more economically efficient world with increased social justice. Magnusson and Stråth argue that they constitute a legacy on which a new economic tale must be based, a legacy to draw on or confront.
Author : Claudio Sardoni
Publisher : NYU Press
Page : 152 pages
File Size : 44,9 Mb
Release : 1987-12-01
Category : Political Science
ISBN : 0814778712
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Author : Jan Toporowski
Publisher : Edward Elgar Publishing
Page : 192 pages
File Size : 52,6 Mb
Release : 2020-09-25
Category : Business & Economics
ISBN : 9781788972154
This timely book studies the economic theories of credit cycles and disturbances in the 20th century, presenting a nuanced view of the role of finance in the economy after the financial crash of 2008. Focusing on the work of economists from Marx onwards, Jan Toporowski moves beyond conventional monetary theory to offer an insightful critical alternative to current financial macroeconomics.
Author : Giancarlo Bertocco
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 55,9 Mb
Release : 2017-03-14
Category : Electronic
ISBN : 9781785365355
Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007–2008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and behaviours that caused the Great Recession. This book presents an alternative theoretical approach built on the lessons of Marx, Keynes, Schumpeter, Kalecki, Kaldor and Minsky, which highlights the structural instability of a capitalist economy and the endogenous nature of the current crisis.
Author : Michael Roberts
Publisher : Lulu.com
Page : 178 pages
File Size : 51,7 Mb
Release : 2018-03-21
Category : Business & Economics
ISBN : 9780244076252
Marx's economic theories 200 years after his birth in 1818. Marx's main ideas about the development of capitalism as the dominant mode of social organisation globally. And the critics of Marx's ideas over the last 150 years. Finally whether Marx's predictions about the future of capitalism have been and will prove to be right.
Author : H. J. Wagener,J. W. Drukker,Rijksuniversiteit te Groningen. Faculteit der Economische Wetenschappen
Publisher : CUP Archive
Page : 260 pages
File Size : 51,5 Mb
Release : 1986-02-27
Category : Business & Economics
ISBN : 0521300924
The contributors assess the theories and interpretations of those theories of Marx, Keynes and Schumpeter.
Author : Jonathan P. Goldstein,Michael G. Hillard
Publisher : Routledge
Page : 355 pages
File Size : 45,6 Mb
Release : 2009-06-02
Category : Business & Economics
ISBN : 9781135968601
Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. The chapters, from a selection of leading academics in the field of heterodox macroeconomics, carry out a synthesis of heterodox ideas that place financial instability, macroeconomic crisis, rising global inequality and a grasp of the perverse and pernicious qualities of global and domestic macroeconomic policy making since 1980 into a coherent perspective. It familiarizes the reader with the emerging unified theory of heterodox macroeconomics and its applications. The book is divided into four key sections: I) Heterodox Macroeconomics and the Keynes-Marx synthesis; II) Accumulation, Crisis and Instability; III) The Macrodynamics of the Neoliberal Regime; and IV) Heterodox Macroeconomic Policy. The essays include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.
Author : Kiichirō Yagi,Nobuharu Yokokawa,Shinjirō Hagiwara,Gary Dymski
Publisher : Routledge
Page : 354 pages
File Size : 45,6 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780415687331
Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.
