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This article takes up an important question that has puzzled learning theorists in the critical tradition, namely, are the dialogic practices of emancipatory discourse sufficient to change oppressive conditions in the power structure of the modern organization? In other words, can critical...
Persistent link: https://www.econbiz.de/10013532869
Most mainstream neoclassical economists completely failed to anticipate the crisis which broke in 2007 and 2008. There is however a long tradition of economic analysis which emphasises how growth in a capitalist economy leads to an accumulation of tensions and results in periodic crises. This...
Persistent link: https://www.econbiz.de/10010435907
This paper presents an overview of different models which explain financial crises, with the aim of understanding economic developments during and possibly after the Great Recession. In the first part approaches based on efficient markets and rational expectations hypotheses are analyzed, which...
Persistent link: https://www.econbiz.de/10010491264
Starting from Schumpeter's important distinction between "real analysis" and "monetary analysis", in this paper it is shown that major elements of Marx's economic theory fall in the camp of monetary analysis and the implications for Marx's theory of capital accumulation are derived. First,...
Persistent link: https://www.econbiz.de/10010486805
This paper presents an overview of different models which explain financial crises, with the aim of understanding economic developments during and possibly after the Great Recession. In the first part approaches based on efficient markets and rational expectations hypotheses are analyzed, which...
Persistent link: https://www.econbiz.de/10010491508
The paper introduces the notion of different methods of calculating and analysing profitability as signatures of capitalism at different stages of development. Its point of departure is Bryer's thesis of the capitalist mentality, which is subject to theoretical and empirical critique and...
Persistent link: https://www.econbiz.de/10013135840
This paper examines Marx's views on globalization and its supposed inevitability, and contends that they underwent a substantial evolution and revision after the publication of the Communist Manifesto. In the case of China, a prime example of the Asiatic mode of production, Marx even doubted...
Persistent link: https://www.econbiz.de/10013124870
In the second half of the 19th century, German-speaking countries developed a very intense economic debate about crises. Mikhail Ivanovich Tugan-Baranovskij's analysis may be considered as the point of transition between different crisis theories and the development of organic thinking about the...
Persistent link: https://www.econbiz.de/10013015507
The paper discusses briefly several long-run systems of production vis-à- vis alternative theories of value and distribution stated by Marx, classical- neoricardian, post-Leontief-neoclassical, and post-Keynes-Sraa authors during the last hundred and fifty years. All the systems of production...
Persistent link: https://www.econbiz.de/10013155770