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substituting wage-goods for labour in the process of price determination, it implies a loss of the fundamental Marxian distinction …
Persistent link: https://www.econbiz.de/10011109992
center to the periphery. From elementary systemic properties the relation of income and profit is then consistently derived …. This solves the profit conundrum. …
Persistent link: https://www.econbiz.de/10011109627
The concept of competitiveness is a term widely discussed when defining a range of policy issues. While this concept …
Persistent link: https://www.econbiz.de/10011114546
This paper traces the evolution of the concept of capital in economic literature––from the ‘fund’ concept prevalent in pre-classical and classical writings to the stress on ‘physical capital’ in neoclassical literature and finally to ‘human capital’ in endogenous growth theory....
Persistent link: https://www.econbiz.de/10011267847
theory by cutting its cost, favoring the first theories to be developed. These dealt with markets – not business cycles – in …
Persistent link: https://www.econbiz.de/10011258637
falling long-run tendency of the rate of profit leads to a stagnant mass of net profits, which are associated with the onset …
Persistent link: https://www.econbiz.de/10011259173
For almost a century, the famous C-K paradigm (formally known as Classics – Keynesian Paradigm) has been the apex of economic debate and research. The paradigm represents two schools of thoughts which, somehow, have prevailed till now. Economists who believe in either of the two schools have...
Persistent link: https://www.econbiz.de/10011259384
The purpose of this paper is to investigate the influence on the theoretical dimension of Marxism, advanced by Cyril Lionel Robert James, on the struggles in the United States in the 1960s and 1970s and to explore the influence that this intellectual had in the development of an understanding of...
Persistent link: https://www.econbiz.de/10011259651
source of apparent theoretical difficulties at the level of methodology. Although acceptable in principle, this belief …
Persistent link: https://www.econbiz.de/10011260694
Khayr al-Din al-Tunisi, a nineteenth century Tunisian scholar and statesman, thought and worked for her politico-economic strengthening and uplift of Tunisia. He was much impressed by the political system of the West and endeavored to create similar political institutions in his own country. In...
Persistent link: https://www.econbiz.de/10011260841