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emergence of exploitation, but they are not sufficient for its persistence, both in equilibria with accumulation and growth, and …
Persistent link: https://www.econbiz.de/10011927981
Accumulation is a fundamental process in dynamic systems: inventory accumulates production less shipments; the national … debt accumulates the federal deficit. Effective decision making in such systems requires an understanding of the … of simple stock–flow systems. In a series of experiments we demonstrate that poor understanding of accumulation, termed …
Persistent link: https://www.econbiz.de/10009441302
This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity …
Persistent link: https://www.econbiz.de/10012610180
The paper makes three contributions. First, following up on Nikiforos (2016), it provides an in-depth examination of the Federal Reserve measure of capacity utilization and shows that it is closer to a cyclical indicator than a measure of long run variations of normal utilization. Other...
Persistent link: https://www.econbiz.de/10012610181
The paper provides an empirical discussion of the national emergency utilization rate (NEUR), which is based on a "national emergency" definition of potential output and is published by the US Census Bureau. Over the peak-to-peak period 1989-2019, the NEUR decreased by 14.2 percent. The paper...
Persistent link: https://www.econbiz.de/10012610217
שמשון ביכלר ויהונתן ניצן פרסמו באחרונה את ספרם "ההון ושברו" (פרדס, 2022, 602 עמ'), בו הם דנים במשותף בתהפוכות כלכליות ותיאורטיות עדכניות. הספר ראה אור כעשרים שנה לאחר...
Persistent link: https://www.econbiz.de/10013500789
Od głodu i biedy po zwykłe marnotrawstwo i nawracające fale przeróżnych kryzysów – to nie niepożądane skutki uboczne kapitalizmu, ale przejawy sabotażu. Bo nic nie utrwala władzy kapitału skuteczniej niż istnienie szerokiej rzeszy ludzi, którzy ani na chwilę nie mogą przestać...
Persistent link: https://www.econbiz.de/10013542658
In this paper we derive a theoretical macro accumulation function, which relies on the accelerator principle and is …
Persistent link: https://www.econbiz.de/10014363153
nature of capital accumulation, and highlights links with degrowth research. It then looks at the elements underlying the … change for degrowth in the face of capital accumulation. Finally, the conclusion offers potential directions for further …
Persistent link: https://www.econbiz.de/10014481026
This part is devoted to simulation experiments based on the simulation model developed in part I from the value-theoretic reconstruction of the main parts of Marx’s critique of Political Economy. After introducing the main parameters and the range of their variation (Section 1), a singular run...
Persistent link: https://www.econbiz.de/10014503976