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capitalism: market exchange and wage labour. Growth imperatives are emerging properties of these two social relations. I develop … a critique of steadystate economics and underline the ontological difference between a zero-growth capitalism and a post …
Persistent link: https://www.econbiz.de/10013387297
its denial of the conflictual nature of capitalism. There is need to understand Keynes' technical contributions regarding … preeminent monetary theorist. However, owing to his denial of conflict, he had a flawed view of capitalism which is why … Democracy. Contrary to conventional wisdom, his view of capitalism is supportive of Neoliberalism and Keynes can be viewed as a …
Persistent link: https://www.econbiz.de/10014327477
Existing series suggest wages in London were substantially higher than in other European cities from 1650 to 1800. This paper presents new evidence from the construction sites that supplied the underlying wage data, and uncovers the contractual and organisational context in which it was...
Persistent link: https://www.econbiz.de/10013000200
Jaký je přínos historického příkladu pro pochopení ekonomických jevů? Ekonomové obecně aplikují metody přírodních věd. Ale ekonomie je společenská věda a pozorované ekonomické jevy jsou kvalitativně odlišné od pozorovaných jevů přírodních věd. Proto uplatnění...
Persistent link: https://www.econbiz.de/10013089996
This chapter first considers resistance to the use of theoretical models, examining tensions between the goals and methodologies of historians and economists who investigate differences in law over time (legal history) or between jurisdictions (comparative law). It then proceeds to define the...
Persistent link: https://www.econbiz.de/10014123347
Capitalism is an economic and social order oriented toward the future. In this paper, I describe the unfolding of the … temporal order of capitalism and relate it to the restless dynamism of capitalism we have observed since the Industrial … section, I apply the concept of fictional expectations to the analysis of four crucial processes of capitalism: money and …
Persistent link: https://www.econbiz.de/10013051226
Efficient Market Hypothesis (EMH) is founded on the theory of expected rationality but the theory of behavioural finance concludes that stock market investors are quasi-rational. Therefore, under the capitalistic system, the efficient markets have already failed to protect the rights of...
Persistent link: https://www.econbiz.de/10012959863
The introduction of Africapitalism, a concept coined from Africa and capitalism throws up a lot of discussion among …
Persistent link: https://www.econbiz.de/10013018385
Persistent link: https://www.econbiz.de/10013023068
exploring two different sets of hypotheses based on the Varieties of Capitalism and other branches of comparative capitalisms …-reinforcing institutional coherence envisioned in much of the Varieties of Capitalism literature. By contrast, we find that coordinated market … Capitalism literature. Our paper contributes to our understanding of the “so what?” related to capitalist diversity and its …
Persistent link: https://www.econbiz.de/10012991604