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Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an 'economic' entity that they count in universal units of ‘utils’ or 'abstract labour', respectively....
Persistent link: https://www.econbiz.de/10011646688
Steve Keen's book, The New Economics: A Manifesto (2021), offers a new path for economics, and for good reason. In his view, neoclassicism, the paradigm that rules modern-day economics, has become a serious menace: "I regard Neoclassical economics as not merely a bad methodology for economic...
Persistent link: https://www.econbiz.de/10013468330
הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...
Persistent link: https://www.econbiz.de/10014279345
In 1989, we applied for a Harry Frank Guggenheim Foundation grant to investigate the funding of fascist and Neo-Nazi movements in Israel. The Foundation did not find the topic important enough, and the application was ceremonially rejected. Here is what we wanted to do. RESEARCH PLAN. The...
Persistent link: https://www.econbiz.de/10014280692
which finance capital could export its excessive surplus. The next version posited a neo-imperial world of monopoly …
Persistent link: https://www.econbiz.de/10014429237
» appearances of capital. The conventional view is that «real» capital is an objective productive entity; that «finance» merely … finance, they blame the deviation on invisible fluctuations in intangible capital, investor irrationality and market …
Persistent link: https://www.econbiz.de/10014461454
הקפיטליזם שולט בעולם. דיונים סוערים מתנהלים בין המלומדים הממסדיים לבין "הביקורתיים" על טיבו של הקפיטליזם הגלובלי. הבעיה היא שטיבו של המוסד המרכזי בקפיטליזם -- ההון...
Persistent link: https://www.econbiz.de/10014528620
knowledge economy, or so they say. And in the world of finance, knowledge is power: the power to buy assets before their price …
Persistent link: https://www.econbiz.de/10012492410
A lot has been written on the imminent decline of pharmaceuticals: their falling production, reduced R&D, declining innovation, the opioid crisis, patent cliffs, biting competition from generic drugs, growing opposition to IPR. The list goes on. Judging by the yardsticks that matter the most,...
Persistent link: https://www.econbiz.de/10012522970
Las teorías convencionales del capitalismo están sumidas en una profunda crisis: tras siglos de debates todavía son incapaces de decirnos qué es el capital. Tanto liberales como marxistas se refieren al capital como una entidad 'económica' que puede ser contabilizada en unidades universales...
Persistent link: https://www.econbiz.de/10011822996