Beyond Capital Fundamentalism

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Release : 2017
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Beyond Capital Fundamentalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Beyond Capital Fundamentalism write by Mauro Boianovsky. This book was released on 2017. Beyond Capital Fundamentalism available in PDF, EPUB and Kindle. The origins of “capital fundamentalism” - the notion that physical capital accumulation is the primary determinant of economic growth - have been often ascribed to Harrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the output-capital ratio. However, neither Harrod nor Domar fit in the “capital fundamentalism” idea. Development planners in the 1950s adapted the growth formula to their own agenda. Most development economists at the time (Lewis, Hirschman, Rostow and others) were aware that Harrod's and Domar's growth models primarily addressed economic instability issues, not long-run growth. Harrod eventually applied his concept of the natural growth rate to economic development. He claimed that the growth of developing economies was determined by their ability to implement technical progress, instead of capital accumulation subject to diminishing returns. Domar observed that the incremental capital-output ratio was more likely a passive result of the interaction between the propensity to save and technological progress, not a causal factor in the determination of growth.

Beyond Capital

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Release : 2018-11-01
Genre : Social Science
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Book Rating : 143/5 ( reviews)

Beyond Capital - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Beyond Capital write by István Mészáros. This book was released on 2018-11-01. Beyond Capital available in PDF, EPUB and Kindle. "Not only profound in its analysis, but also so passionately inspired by sympathy for the downtrodden and their struggle for liberation. . ." --Daniel Singer, The Nation "This is an important book, heavy in size and tone. It belongs in every serious library." --Choice

Beyond Capital

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Release : 2000
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Book Rating : 319/5 ( reviews)

Beyond Capital - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Beyond Capital write by Meszaros Istvan. This book was released on 2000. Beyond Capital available in PDF, EPUB and Kindle.

Beyond Capital

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Release : 2016-07-27
Genre : Political Science
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Book Rating : 316/5 ( reviews)

Beyond Capital - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Beyond Capital write by Michael A. Lebowitz. This book was released on 2016-07-27. Beyond Capital available in PDF, EPUB and Kindle. Marxism has long been accused of economic determinism, reductionism and a silence on human experience. Beyond Capital argues that these problems can be traced back to Marx's failure to write his planned book on Wage-Labour. Added to this the subsequent ignorance of Marx's method, the result has been an inaccurate presentation of Marxian. Rather than rejecting Marx, Beyond Capital argues that his 'political economy of the working class' and the process of struggle are central for going beyond capitalism.

Beyond Capital

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Release : 2003-06-20
Genre : Political Science
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Book Rating : 729/5 ( reviews)

Beyond Capital - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Beyond Capital write by M. Lebowitz. This book was released on 2003-06-20. Beyond Capital available in PDF, EPUB and Kindle. Winner of The Deutscher Memorial Prize 2004. In a completely reworked edition of his classic (1991) volume, Michael A. Lebowitz explores the implications of the book on wage-labour that Marx originally intended to write. Focusing upon critical assumptions in Capital that were to be removed in Wage-Labour and upon Marx's methodology, Lebowitz stresses the one-sidedness of Marx's Capital and argues that the side of the workers, their goals and their struggles in capitalism have been ignored by a monolithic Marxism characterized by determinism, reductionism and a silence on human experience.