Marx and Keynes on Economic Recession
Author | : Claudio Sardoni |
Publisher | : |
Total Pages | : 186 |
Release | : 1987 |
Genre | : Business & Economics |
ISBN | : |
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Author | : Claudio Sardoni |
Publisher | : |
Total Pages | : 186 |
Release | : 1987 |
Genre | : Business & Economics |
ISBN | : |
Author | : Claudio Sardoni |
Publisher | : Edward Elgar Publishing |
Total Pages | : 193 |
Release | : 2011-01-01 |
Genre | : Political Science |
ISBN | : 0857930443 |
Unemployment, Recession and Effective Demand is a fine example of how critical analysis and debate about fundamental issues should be carried on. Claudio Sardoni does not pull his punches, but he criticises with courtesy in a learned and fair-minded way. His writings are a role model of proper procedure allied with cumulative persuasion through weight of evidence, sound scholarship and argument.' - From the foreword by G.C. Harcourt In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the foundations of macroeconomics as developed in the traditions of Marx, Keynes and Kalecki, which are contrasted with the current mainstream. Particular attention is given to the problem of market forms and their relevance for macroeconomics. Professional economists and postgraduate students in economics, in particular those concerned with macroeconomics and the history of economic thought in the 20th century, will find this insightful resource invaluable. This book should be required reading for a large proportion of the economics profession who are dissatisfied with the mainstream.
Author | : Bill Dunn |
Publisher | : Manchester University Press |
Total Pages | : 437 |
Release | : 2021-07-06 |
Genre | : Political Science |
ISBN | : 1526154919 |
Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.
Author | : Geoffrey Pilling |
Publisher | : Routledge |
Total Pages | : 184 |
Release | : 2014-05-01 |
Genre | : Business & Economics |
ISBN | : 1317675592 |
Geoffrey Pilling’s treatment of this complex issue in political economy, first published in 1986, concentrates on a review of Keynes’ writings rather than the vast literature that has developed surrounding his work since the Second World War. It does, however, consider the work of the ‘Left Keynesians’, in particular that of Joan Robinson. The Crisis of Keynesian Economics has the potential to throw fresh light on some of the issues facing political leaders today, particularly so given that much of the Neo-Capitalist economic orthodoxy established during the 1980s has come under fresh criticism in recent years.
Author | : Paul Mattick |
Publisher | : Pattern Books |
Total Pages | : 396 |
Release | : 2020-11-30 |
Genre | : Political Science |
ISBN | : 4487549485 |
Marx and Keynes: The Limits of the Mixed Economy is a 1969 book by Paul Mattick which presents a Marxist critique of the Keynesian approach to economic problems. During a time in which the economic orthodoxy was to say that the contradictions of the capitalist system had been overcome, Marx and Keynes goes against the orthodoxy to examine how the solutions which are presented for the market in Keynesianism are only limited and present the same contradictions. Written before the complete turn to Neoliberalism, Mattick not only critiques Keynes' policies, but also points out the same contradictions of the system exist within the state capitalism of the USSR, proclaiming himself an "Anti-Bolshevik Communist." Past being a critique of Keynesianism, Marx and Keynes is also a guide to understanding Marx's economics, from the theory of value to the falling rate of profit, Mattick applies Marx to the current state of economics in the '60s. Paul Mattick, Sr. (March 13, 1904 - February 7, 1981) was a Marxist political writer and social revolutionary, whose thought can be placed within the council communist and left communist traditions.
Author | : Claudio Sardoni |
Publisher | : NYU Press |
Total Pages | : 152 |
Release | : 1987-12-01 |
Genre | : Political Science |
ISBN | : 9780814778715 |
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Author | : Paul Mattick Jr. |
Publisher | : Routledge |
Total Pages | : 179 |
Release | : 2020-09-23 |
Genre | : Business & Economics |
ISBN | : 1000161218 |
Keynesian economics claimed to have overcome the problem of economic depressions. However, as Mattick argues that crises are inherent within capitalism and that neither the market nor Keynesianism can stop "the steady deterioration of the economy". Written in 1974, Economic Crisis and Crisis Theory is one of Mattick's most valuable contributions to the Marxist critique of political economy and radical theory in general.
Author | : Suzanne Wiggins Helburn |
Publisher | : Armonk, N.Y. : M.E. Sharpe |
Total Pages | : 368 |
Release | : 1986 |
Genre | : Biography & Autobiography |
ISBN | : |
Author | : Michael Roberts |
Publisher | : Lulu.com |
Total Pages | : 178 |
Release | : 2018 |
Genre | : Business & Economics |
ISBN | : 0244076251 |
Marx's economic theories 200 years after his birth in 1818. Marx's main ideas about the development of capitalism as the dominant mode of social organisation globally. And the critics of Marx's ideas over the last 150 years. Finally whether Marx's predictions about the future of capitalism have been and will prove to be right.
Author | : Giancarlo Bertocco |
Publisher | : Edward Elgar Publishing |
Total Pages | : 374 |
Release | : 2017-03-31 |
Genre | : Business & Economics |
ISBN | : 1785365355 |
Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007–2008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and behaviours that caused the Great Recession. This book presents an alternative theoretical approach built on the lessons of Marx, Keynes, Schumpeter, Kalecki, Kaldor and Minsky, which highlights the structural instability of a capitalist economy and the endogenous nature of the current crisis.