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A new theory of capitalism is suggested. Its key moments and general logic are presented. This theory is based on the … competition" are admitted to be a functional norm of capitalism. Respectively, an equilibrium and "perfect competition" are …
Persistent link: https://www.econbiz.de/10011259286
A new heterodox theory of capitalism is suggested. Its key moments and general logic are presented. Capitalism is … functional norm of capitalism. Respectively, an equilibrium and "perfect competition" are admitted to be a functional anomaly …
Persistent link: https://www.econbiz.de/10011112933
A new heterodox theory of market and capitalism is suggested. Its key moments and general logic are presented. The … of three interconnected parts – a theory of market, a theory of value and a theory of capitalism. Every part is shaped as … theory is based on the distinction between two market types – the simple commodity market and the capitalist one …
Persistent link: https://www.econbiz.de/10011113140
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
A new theory of capitalism is suggested. Its key moments and general logic are presented. This theory is based on the … competition" are admitted to be a functional norm of capitalism. Respectively, an equilibrium and "perfect competition" are …
Persistent link: https://www.econbiz.de/10011258007
Consider a research lab that owns a patent on a new technology but cannot develop a marketable final product based on the new technology. There are two downstream firms that might successfully develop the new product. If the downstream firms' benefits from being the sole supplier of the new...
Persistent link: https://www.econbiz.de/10005260224
innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to …
Persistent link: https://www.econbiz.de/10009370827
sample of 25 OECD countries from 1988-2007. Controlling for a wide range of innovation predictors, we report that governance …-than-average per-capita GDP, governance scores and economic openness. Secondly, the relationship between market power and innovation … power tends to have an offsetting effect that weakens the positive relationship between governance and innovation. These …
Persistent link: https://www.econbiz.de/10011107914
economic theory is discussed. …
Persistent link: https://www.econbiz.de/10005789447
that innovation has destroyed the environment. Both left and right are suspicious of the modern world, often for the same …. But ideas caused the modern world. The point can be made by looking through each of the materialist explanations, from the … capitalism. One is already published (The Bourgeois Virtues: Ethics for an Age of Commerce 2006), and this is volume 2. Volume 3 …
Persistent link: https://www.econbiz.de/10008528732