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This paper discusses the role of credit in the capitalist accumulation. It presents Hilferding's analysis of the financing of corporations and of the role of stock exchange as an agent of the mobilization of capital. Theoretical and historical elements are deployed to support a conjecture about...
Persistent link: https://www.econbiz.de/10012728061
This paper discusses the roles of the entrepreneur in the economic theory. The deficiencies of mainstream theory are pointed out and the forerunner contributions of Cantillon and Bentham are analyzed, as well as the different approaches of Marx, Veblen and Sombart. The changing role of the...
Persistent link: https://www.econbiz.de/10014133284
Several authors have detected a paradigm shift in contemporary science: from a reductionist or mechanicist approach to a holistic or systemic one. This transition in paradigms should be perceptible in several disciplines, starting in biology and extending itself to others areas. In light of the...
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This paper investigates the emergence in the Modernity of an economic discourse intended to be autonomous from moral and political philosophy. The article demonstrates that the existence of economics as separated field of knowledge is recent and its creation related to the appearance of market...
Persistent link: https://www.econbiz.de/10014133288