The macrodynamics of capitalism: elements for a synthesis of Marx, Keynes and Schumpeter

This book provides an introduction to basic as well as advanced macrodynamics, viewed as a disequilibrium theory of fluctuating growth. It builds on an earlier attempt to reformulate the foundations of macroeconomics from the perspective of real markets disequilibrium and the conflict over income distribution between capital and labor. It does so, not because it seeks to support the view that this class conflict is inevitable, but rather from the perspective thatan understanding of this conflict may help to formulate social principles andpolicies that can help to overcome class conflict at least in its cruder forms. It is further hoped that such an understanding can even lead to rational procedures and rules that may turn this conflict into a consensus-driven interaction between capital and the employable workforce. INDICE: Goodwin Growth Cycles in a Keynes Trade Cycle. Temporary Equilibrium, Distribution-Driven Demand Cycles and Unbalanced Growth: Keynes, the ‘Classics’ and the ‘New Classics’: A Simple Presentation of Basic Differences.- After Keynes: Real Growth and (In-)Stability.- Distributive Stability by the Reserve Army Mechanism: Marx’s Contribution.

• ISBN: 978-3-540-87931-2
• Editorial: Springer
• Encuadernacion: Cartoné
• Páginas: 450
• Fecha Publicación: 01/12/2008
• Nº Volúmenes: 1
• Idioma: Inglés