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Persistent link: https://www.econbiz.de/10012313867
This article, by utilizing Ricardo's numerical examples, derives theoretical statements about the deviations of relative values (prices) from relative labor times. These deviations result from the presence of capital and the distributive variables (rate of profit and wage) and production...
Persistent link: https://www.econbiz.de/10014434098
Persistent link: https://www.econbiz.de/10012427705
This article examines the extent to which financialization is a new phase of capital accumulation characterized by its own economic laws in which the real (production) economy adjusts accordingly. In order to examine this hypothesis, the authors invoke the share of the financial sector in the...
Persistent link: https://www.econbiz.de/10014434303