Download or read book Das Public Kapital written by Selim Elekdag and published by International Monetary Fund. This book was released on 2014-12-17 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the backdrop of pressing infrastructure needs, this paper argues that higher German public investment would not only stimulate domestic demand in the near term and reduce the current account surplus, but would also raise output over the longer-run as well as generate beneficial regional spillovers. While time-to-build delays can weaken the impact of the stimulus in the short-run, the expansionary effects of higher public investment are substantially strengthened with an accommodative monetary policy stance—as is typical during periods of economic slack. The current low-interest rate environment presents a window of opportunity to finance higher public investment at historically favorable rates.
Download or read book Das Kapital Capital written by Karl Marx and published by . This book was released on 2012-07-20 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital, Volume II, subtitled The Process of Circulation of Capital, was prepared by Friedrich Engels from notes left by Karl Marx and published in 1885. It is divided into three parts: The Metamorphoses of Capital and Their Circuits The Turnover of Capital The Reproduction and Circulation of the Aggregate Social Capital In Volume II, the main ideas behind the marketplace are to be found: how value and surplus-value are realized. Its dramatis personae, not so much the worker and the industrialist (as in Volume I), but rather the money owner (and money lender), the wholesale merchant, the trader and the entrepreneur or 'functioning capitalist.' Moreover, workers appear in Volume II, essentially as buyers of consumer goods and, therefore, as sellers of the commodity labour power, rather than producers of value and surplus-value (although, this latter quality, established in Volume I, remains the solid foundation on which the whole of the unfolding analysis is based). Reading Volume II is of monumental significance to understanding the theoretical construction of Marx's whole argument. Marx himself quite precisely clarified this place, in a letter sent to Engels on 30 April 1868: 'In Book 1. . . we content ourselves with the assumption that if in the self-expansion process $100 becomes $110, the latter will find already in existence in the market the elements into which it will change once more. But now we investigate the conditions under which these elements are found at hand, namely the social intertwining of the different capitals, of the component parts of capital and of revenue. This intertwining, conceived as a movement of commodities and of money, enabled Marx to work out at least the essential elements, if not the definitive form of a coherent theory of the trade cycle, based upon the inevitability of periodic disequilibrium between supply and demand under the capitalist mode of production . Volume II of Capital has indeed been not only a 'sealed book', but also a forgotten one.
Download or read book Das Kapital written by Karl Marx and published by Simon and Schuster. This book was released on 2012-03-27 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most notorious works of modern times, as well as one of the most influential, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties, particularly in Russia and Germany, and ultimately throughout the world, to become a work described by Marx's friend and collaborator Friedrich Engels as 'the Bible of the Working Class'.
Download or read book Capital written by Carl Marx and published by Createspace Independent Publishing Platform. This book was released on 2018-04 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written: in draft by Marx 1863-1878, edited for publication by Engels; First published: in German in 1885, authoritative revised edition in 1893; Source: First English edition of 1907; Published: Progress Publishers, Moscow, 1956, USSR.
Download or read book Marx s Das Kapital For Beginners written by Michael Wayne and published by Red Wheel/Weiser. This book was released on 2012-05-29 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx’s 'Das Kapital' cannot be put into a box marked "economics." It is a work of politics, history, economics, philosophy and even in places, literature (yes Marx’s style is that rich and evocative). Marx’s 'Das Kapital' For Beginners is an introduction to the Marxist critique of capitalist production and its consequences for a whole range of social activities such as politics, media, education and religion. 'Das Kapital' is not a critique of a particular capitalist system in a particular country at a particular time. Rather, Marx's aim was to identify the essential features that define capitalism, in whatever country it develops and in whatever historical period. For this reason, 'Das Kapital' is necessarily a fairly general, abstract analysis. As a result, it can be fairly difficult to read and comprehend. At the same time, understanding 'Das Kapital' is crucial for mastering Marx's insights to capitalism. Marx's 'Das Kapital' For Beginners offers an accessible path through Marx's arguments and his key questions: What is commodity? Where does wealth come from? What is value? What happens to work under capitalism? Why is crisis part of capitalism's DNA? And what happens to our consciousness, our very perceptions of reality and our ways of thinking and feeling under capitalism? Understanding and learn from Marx's work has taken on a fresh urgency as questions about the sustainability of the capitalist system in today's global economy intensify.
Download or read book Capital in the Twenty First Century written by Thomas Piketty and published by Harvard University Press. This book was released on 2017-08-14 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Download or read book Marx s Das Kapital written by Francis Wheen and published by Grove Press. This book was released on 2008 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: In vivid detail, Wheens captivating, accessible book shows that, far from being a dry economic treatise, "Das Kapital" is like a vast Gothic novel whose heroes are enslaved by the monster they created: capitalism.
Download or read book Germany written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-07-15 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper identifies episodes of large and sustained current account surpluses in advanced economies (AEs) and compares Germany’s ongoing surplus with those episodes. In doing so, the paper aims to put Germany’s external position in a historical and cross-country context drawing from 55 years of data across 20 AEs. The comparison shows that the real growth of all domestic demand components, particularly of private investment, was remarkably weak during the latest sustained surplus episode in Germany in comparison with both “normal times” and other AE surplus episodes. Neither Germany’s nor a typical AE surplus episode has been accompanied by visible, broad-based competitiveness or terms of trade gains.
Download or read book Finance Development June 2015 written by International Monetary Fund. Communications Department and published by International Monetary Fund. This book was released on 2015-06-04 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance and Development, June 2015
Download or read book Literature Suppressed on Political Grounds written by Nicholas J. Karolides and published by Infobase Publishing. This book was released on 2014-05-14 with total page 639 pages. Available in PDF, EPUB and Kindle. Book excerpt: Literature Suppressed on Religious Grounds, Revised Edition profiles the censorship of many such essential works of literature. The entries new to this edition include extensive coverage of the Harry Potter series, which has been frequently banned in the United States on the grounds that it promotes witchcraft, as well as entries on two popular textbook series, The Witches by Roald Dahl, Women Without Men: A Novel of Modern Iran, and more. Also included are updates to such entries as The Satanic Verses by Salman Rushdie and On the Origin of Species by Charles Darwin.
Download or read book Cross Border Transmission of Fiscal Shocks The Role of Monetary Conditions written by Patrick Blagrave and published by International Monetary Fund. This book was released on 2018-05-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal stimulus was widely advocated during the global crisis, a period characterized by monetary policy constrained by the effective lower bound (ELB) in many countries, in part because of expected positive spillovers. Standard New Keynesian models predict the cross-border transmission of fiscal shocks is stronger when monetary policy is constrained in recipients. However, the empirical evidence is scarce. This paper bridges this gap by looking at the impact of fiscal shocks in systemic (source) economies on output and demand components in a large group of (recipient) countries, under different monetary policy conditions. Empirical results are compared to simulations with a state-of-the-art estimated open-economy New Keynesian model. Our results corroborate model predictions, finding larger spillovers when recipients are at the ELB, driven by stronger responses of investment and consumption relative to normal times
Download or read book Macroeconomic Management When Policy Space is Constrained written by Vitor Gaspar and published by International Monetary Fund. This book was released on 2016-09-28 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: TBD
Download or read book Research Bulletin March 2015 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2015-03-24 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Articles in the March 2015 Research Bulletin focus on the oil market, energy subsidies, and output. The Research Summary on "An Exploration in Deep Corners of the Oil Market," authored by Rabah Arezki, Douglas Laxton, Armen Nurekyan, and Hou Wang, examines fluctuations in oil prices. "The State Budget May Afford It All," by Christian Ebeke and Constant Lonkeng Ngbouana, reviews energy subsidies and their fiscal, distributional, and environmental costs. In the “Q&A” column Pau Rabanal takes a look at “Seven Questions on Potential Output.” The Bulletin includes a listing of recent IMF Working Papers, Staff Discussion Notes, recommended readings from IMF Publications, and a call for papers for the next Annual Research Conference. A link with information and free access to IMF Economic Review is also included.
Download or read book David Hare written by Hersh Zeifman and published by Routledge. This book was released on 2019-07-15 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learning that David Hare has written sixteen stage plays, eight collaborations, and eleven screenplays for film and television, one might be surprised by the fact that this leading English artist is not yet fifty years old. He was only twenty-two when his first play was performed by the Portable Theatre, and he was a major voice on the British stage before he was thirty. The present volume is the first major collection of essays devoted to Hare, and its editor, Hersh Zeifman, who is a professor at York University, Toronto, is well-qualified to assemble and supervise such a significant undertaking. As co-editor of the prestigious journal, Modern Drama, he has been exposed to all the major authors and topics of modem theatre and is ideally positioned to discern Hare's pivotal role on the contemporary stage.
Download or read book A Politic Theatre The Drama of David Hare written by Scott Fraser and published by BRILL. This book was released on 2022-06-08 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of twenty published texts by David Hare employs definitions from contemporary semiotic literary theory as a means of describing typologies of political drama. By tracing the incorporation of stylistic devices from agitational propaganda (caricature, self-referentiality, the frisson between oral and visual signification) throughout the typologies, the study illustrates how each text subverts audience expectation based on established dramatic genres. The collection of texts is seen as inherently self-referential and politically subversive. At the centre of each typology is a protagonist who functions as a martyr to or parodic emblem of contemporary society. Consistently, the hermeticism of public institutions which represent the political status quo makes them immune from any form of individual protest from the Left or Right. In the satirical anatomy, the emblem of political dissent is coopted by involvement within the institution, or the stage is dominated by a conservative who controls the action. In the demythology, private individuals are seen as incapable of altering the public frame of history; but here private suffering subverts the collective mythology of the historical construct. In the martyrology, the emblem of dissent is associated with a moral virtue which is inimical to contemporary society, the audience's expectation of the triumph of the individual being subverted when he/she is expelled from the onstage world on the grounds of political ideology. It is only in the final typology, the conversion, that a conservative emblem is seen as directly influenced by such martyrdom, and the audience is provided with an actual example of political change. Thus, the study describes how each typology builds on the construction of the previous, and all generate from agitational propaganda.
Download or read book The Code of Capital written by Katharina Pistor and published by Princeton University Press. This book was released on 2020-11-03 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively "codes" certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it."--Provided by publisher.
Download or read book Das Kapital Critique of Political Economy Part I written by Karl Marx and published by Newcomb Livraria Press. This book was released on with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new 2023 translation of the first volume of Das Kapital, unabridged, from the original manuscript. This edition includes a new introduction by the translator and reference materials including a Glossary of Philosophic and Economic Marxist Terminology, an Index of Personalities Associated with Marx and a Timeline of Marx’s Life and Works. This is volume X in the Complete Works of Karl Marx by Newcomb Livraria Press. Das Kapital is so famous, the title often remains untitled even in English and other languages. This work, published in three volumes, created the foundation of the greatest genocides ever committed in human history across the 20th century.
