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Persistent link: https://www.econbiz.de/10011411174
1. What we know and what we don't know about the firm -- 2. The extent of the market process -- 3. The 'specialisation deadlock' -- 4. Entrepreneurship and integration -- 5. Authority and hierarchy -- 6. The volatile character of the firm -- 7. Financing, ownership, and boundaries of the firm --...
Persistent link: https://www.econbiz.de/10013182137
Alternative solutions -- It's not what you have, it's what you do : the return of the division-of-labour view of class -- Exploitation is not a game : a critique of John Roemer -- Reconstructing the fundamental concepts -- Back to basics : reproduction, subsistence, exploitation, class -- A dual...
Persistent link: https://www.econbiz.de/10009745961
This research monograph provides systematic and comprehensive materials for applying inframarginal analysis to study a wide range of economic phenomena. The analysis is based on a new overarching framework to resurrect the classical notion of division of labor and specialization, which is an...
Persistent link: https://www.econbiz.de/10014204169
The traditional Marxian picture of a two-class polarisation seems far removed from today's diverse society. Re-examining the very foundations of the Marxian theory in the process, the author argues that important critiques can fruitfully be understood and to accomplish the goal, he extends the...
Persistent link: https://www.econbiz.de/10012106364
This paper reviews Austrian approaches to the firm and drafts a theory that emphasizes the firm as a market phenomenon. Here the firm is a vehicle for imaginative entrepreneurs to create artificially high factor density, thereby increasing its internal “extent of the market” to support...
Persistent link: https://www.econbiz.de/10013094162
This paper develops a general equilibrium model to simultaneously endogenize the level of division of labor, the extent of the market, the degree of inequality of income distribution, and aggregate productivity. It shows that good capitalism with free markets for all goods including government...
Persistent link: https://www.econbiz.de/10014131737