Showing 1 - 10 of 74
This paper compares the fundamental postulates of major economic systems i.e. Capitalism, Socialism, Mixed economy (a … hybrid of Capitalism and Socialism) and the Islamic economic system. It identifies through a review of theoretical economics … system are the major problematic issues in Capitalism against which mixed economy has also shown limited effectiveness …
Persistent link: https://www.econbiz.de/10008497696
this paper is to address this mismatch. Using a broad brush, we outline a new, power theory of capital and accumulation. We … use this theory to assess the changing meaning of the corporation and the capitalist state, the new ways in which capital … gets accumulated and the specific historical trajectory of twentieth-century capitalism up to the present. …
Persistent link: https://www.econbiz.de/10005621372
perfect competition and we reconstruct the Classical theory of free competition, as developed, in particular, by Adam Smith …
Persistent link: https://www.econbiz.de/10008516568
The paper seeks to fill a lacuna within Classical economics concerning the process of market price determination in a short-period equilibrium. To this aim, first we distinguish the Classical notion of free competition from the Walrasian notion of perfect competition and we argue that the latter...
Persistent link: https://www.econbiz.de/10008531932
This paper presents estimates of the rate of profit on fourteen countries in the long run. The performance shows a clear downward trend, although there are periods of partial recovery in both core and peripheral countries. The behavior of the profit rate confirms the predictions made by Marx,...
Persistent link: https://www.econbiz.de/10011108239
This paper presents theory and evidence to show that imperialism was a major factor impeding the spread of the …
Persistent link: https://www.econbiz.de/10011111073
capitalism in this period is defined by its ability to derive a growing share of its energy from fossil fuels. The explosive … widening disparities in the global economy are ultimately driven by the logic of fossil-based capitalism. From 1800 to 1950 …
Persistent link: https://www.econbiz.de/10005787212
Marxism. Urbana and U of Illinois. Please cite as Freeman, A. 2008. ‘The Discontents of Marxism’. Debatte, 16 (1), April 2008 …
Persistent link: https://www.econbiz.de/10011258894
The purpose of this paper is to investigate the influence on the theoretical dimension of Marxism, advanced by Cyril … intellectual had in the development of an understanding of Marxism in the U.S. during this period. In order to do so, it is …’s Marxism which will allow us to see how he shaped his thoughts as a Marxist and the extent to which he was able to put his …
Persistent link: https://www.econbiz.de/10011259651
substantially revised version was presented to the conference on ‘Marxism: Marx and Beyond’ in Calcutta, 22-24 March 2012 and is due …
Persistent link: https://www.econbiz.de/10011260185