Download or read book General and Periodic Crises of Overproduction written by Jean Lescure and published by Economic Ideas That Built Euro. This book was released on 2023-11-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Periodic Crises of Overproduction written by Albert Aftalion and published by Economic Ideas That Built Euro. This book was released on 2023-12-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Albert Aftalion's Periodic Crises of Overproduction is an enlightening complement to Keynes' General Theory, as it develops key macroeconomic concepts such as the accelerator principle from a detailed investigation of the interdependencies and temporal asymmetries of an industrial economy. It is an essential foundation for the economics of the medium term.
Download or read book General and Periodic Crises of Overproduction written by Jean Lescure and published by Anthem Press. This book was released on 2023-11-14 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jean Lescure’s two-volume General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. The author, who held doctorates in political economy and law, is most remembered as a founder of the French historical school and a staunch advocate of empiricism in the economic sciences. Lescure called his approach the ’complex historical method’, by which he sought to revise classical and quantitative economic theory through the historical analysis and statistical observation of cyclical phenomena. Ever the controversialist, Lescure wrote in an engaging style, accessible to non-specialists and economists alike, and critiqued the leading monetary theorists of the period, insisting that observation of the movements in production costs, industrial orders and profits be given priority over circulation and credit in understanding the periodic crises of capitalist economies. In Lescure’s view, crises were inevitable in both market and command economies and their onset and consequences were predictable with the help of the more detailed production statistics newly available to economists and entrepreneurs at the time. Observation of corporate profits, the margin between cost price and selling price, provided the means to predict crises and measure their impact, not only on industry and trade but also on the working classes who would endure unemployment and the many social ills that accompany it. Lescure, unlike many of the liberal economists of the time, was always careful to include in his historical account statistical analysis of unemployment figures, as well as those on crime, marriage and birth rates, homelessness and suicide. Although he remained sceptical of government intervention in the form of monetary policies adjusting the money supply, and lauded the success of industrial concentration and trusts in reducing costs and prices, Lescure admitted the state’s role in the recovery of the 1930s, when social insurance schemes and investment in public works mitigated the worst effects of unemployment for industrial labour. This treatise, which grew out of his doctoral work, was a lifetime project for Lescure, who updated it periodically over five editions, to include each new cycle of growth, crisis, depression and recovery. Volume one provides a historical study of economic crises from the post-Napoleonic period through the Great Depression and the recovery of the late 1930s. Volume two offers a critique of the theories of crises, their causes and potential remedies, in which Lescure outlines his preference for ‘organic’ theories that focus on the production process and qualitative statistical observation of the movements in costs, selling prices, industrial orders and profits. The text of the fifth edition appears here in English for the first time, unabridged and complete with editorial materials designed to help the English reader understand the work on its own terms and situate its author’s prominent place in the history of economic thought.
Download or read book Marx s Theory of Crisis written by Simon Clarke and published by Springer. This book was released on 2016-07-27 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of crisis has always played a central role within Marxism, and yet has been one of its weakest elements. Simon Clarke's important new book provides the first systematic account of Marx's own writings on crisis, examining the theory within the context of Marx's critique of political economy and of the dynamics of capitalism. The book concentrates on the scientific interpretation and evaluation of the theory of crisis, and will be of interest to mainstream economists, as well as to sociologists, political scientists and students of Marx and Marxism.
Download or read book Overproduction and Crises written by Karl Rodbertus and published by Ayer Publishing. This book was released on 1898 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A People s Guide to Capitalism written by Hadas Thier and published by Haymarket Books. This book was released on 2018-06-02 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money
Download or read book The Failure of Capitalist Production written by Andrew Kliman and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s."--Publisher's website.
Download or read book Crises and Cycles in Economic Dictionaries and Encyclopaedias written by Daniele Besomi and published by Routledge. This book was released on 2013-03-01 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims at investigating from the perspective of the major economic dictionaries the notions of economic crisis and cycle. The project consists in giving an extensive summary of a number of significant entries on this subject, with an introductory essay to each entry placing them (and the dictionary to which they belong) in their context, giving some details on the author of the dictionary entry, and assessing the entry’s (and its author’s) contribution. The broad picture (including the history of these encyclopedic tools) will be examined in the introductory essays.
Download or read book Zombie Capitalism written by Chris Harman and published by Haymarket Books. This book was released on 2010 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: We've been told for years that the capitalist free market is a self-correcting perpetual growth machine in which sellers always find buyers, precluding any major crisis in the system. Then the credit crunch of August 2007 turned into the great crash of September–October 2008, leading one apologist for the system, Willem Buiter, to write of "the end of capitalism as we knew it." As the crisis unfolded, the world witnessed the way in which the runaway speculation of the "shadow" banking system wreaked havoc on world markets, leaving real human devastation in its wake. Faced with the financial crisis, some economic commentators began to talk of "zombie banks"–financial institutions that were in an "undead state" and incapable of fulfilling any positive function but a threat to everything else. What they do not realize is that twenty-first century capitalism as a whole is a zombie system, seemingly dead when it comes to achieving human goals.
Download or read book A Brief History of Panics and Their Periodical Occurrence in the United States written by Clément Juglar and published by . This book was released on 1897 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Theory as Critique Essays on Capital written by Paul Mattick and published by BRILL. This book was released on 2018-06-12 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory as Critique, while discussing many central issues of Marxian theory, has two main emphases: First, as the title suggests, it takes seriously Capital’s claim to be a critique of economic theory, rather than a contribution to political economy. Understanding what this means, it shows, goes far to unravelling many difficulties traditionally found in Marx’s book, from the nature of his theory of class to the 'transformation problem'. Secondly, Mattick’s volume carefully explores how to bridge the gap between the extreme abstraction of Marx’s ideas and the complex reality that they are intended to help us understand.
Download or read book The Capitalist Cycle written by Pavel Maksakovsky and published by Historical Materialism. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1928, this title remains a classic work of Marxist economics.
Download or read book The Law of Accumulation and Breakdown of the Capitalist System written by Henryk Grossman and published by Pluto Press. This book was released on 1992-03-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic work in the Marxist canon on political economy
Download or read book An Introduction to Marxist Economic Theory written by Ernest Mandel and published by Resistance Books. This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hegel s Ontology of Power written by Arash Abazari and published by Cambridge University Press. This book was released on 2020-07-30 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent attempts to revitalize Hegel's social and political philosophy have tended to be doubly constrained: firstly, by their focus on Hegel's Philosophy of Right; and secondly, by their broadly liberal interpretive framework. Challenging that trend, Arash Abazari shows that the locus of Hegel's genuine critical social theory is to be sought in his ontology – specifically in the 'logic of essence' of the Science of Logic. Mobilizing ideas from Marx and Adorno, Abazari unveils the hidden critical import of Hegel's logic. He argues that social domination in capitalism obtains by virtue of the illusion of equality and freedom; shows how relations of opposition underlie the seeming pluralism in capitalism; and elaborates on the deepest ground of domination, i.e. the totality of capitalist social relations. Overall, his book demonstrates that Hegel's logic can and should be read politically.
Download or read book Marx s Fate written by Jerrold Seigel and published by Penn State Press. This book was released on 2010-11 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx&’s Fate is an intellectual biography of Marx that combines historical, textual and psychological analyses to provide major new insights into the philosopher&’s writings and development.
Download or read book What is Marxism written by Rob Sewell and published by Wellred Books. This book was released on 2015 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this epoch of instability, crisis, war and ever-growing inequality, Marxism is becoming an increasingly attractive proposition to millions of workers and young people around the world. The old mole of revolution, to use Karl Marx’s own phrase, is burrowing deep into the foundations of society. And yet we are repeatedly told that Marxism is either irrelevant, or out-dated, or even dead. Yet, if that were true, why are so many books and articles churned out year-on-year attacking Marxism? Clearly the powers that be are rattled or indeed frightened by these “dead” ideas. So what is this set of ideas that frightens them so much? Marxism – or scientific socialism – is the name given to the body of ideas first worked out by Karl Marx and Friedrich Engels more than 150 years ago. In their totality, these ideas provide a fully worked-out theoretical basis for the struggle of the working class to attain a higher form of human society – socialism. This book is aimed specifically at newcomers to Marxism. A bestseller now in its second edition, it comprises introductory pieces on the three component parts of Marxist theory, corresponding broadly to philosophy, social history and economics: dialectical materialism, historical materialism and Marxist economics. Complementing these introductions are key extracts from some of the great works of Marxism written by its most outstanding figures – Marx, Engels, Lenin and Trotsky.
