Economic thinkers
... Karl Marx was an extremely influential thinker whose ideas ignited the movement by a third of the world’s countries towards communism in the 20th century. Marx provided a criticism of capitalism. Capitalism is a system where the small minority – the ‘bourgeoisie’ (the owners of capital such as machi ...
... Karl Marx was an extremely influential thinker whose ideas ignited the movement by a third of the world’s countries towards communism in the 20th century. Marx provided a criticism of capitalism. Capitalism is a system where the small minority – the ‘bourgeoisie’ (the owners of capital such as machi ...
Niall Ferguson
... a book predicting that the Dow Jones would reach 36,000 in the foreseeable future. Far from tripling your money, if you were naïve enough to follow their recommendation and track the Dow from the day their book came out, you would have made an average inflation-adjusted annual return of minus 11 per ...
... a book predicting that the Dow Jones would reach 36,000 in the foreseeable future. Far from tripling your money, if you were naïve enough to follow their recommendation and track the Dow from the day their book came out, you would have made an average inflation-adjusted annual return of minus 11 per ...
centre for east west cultural and economic studies viewpoint: laissez
... slave society, feudalism and capitalism. He predicts that capitalism would be replaced by socialism, which again will ultimately dissolve into the stage of communism. Marxian process of evolution of human society is being elaborated in various writings of both Karl Marx and his friend and adherent ...
... slave society, feudalism and capitalism. He predicts that capitalism would be replaced by socialism, which again will ultimately dissolve into the stage of communism. Marxian process of evolution of human society is being elaborated in various writings of both Karl Marx and his friend and adherent ...
3150 OH9 - J. Scott Kenney
... a key aspect of capitalism and its flexible, adaptable labour market However, if we measure value in relation to units of time, could an idle worker, who takes a long time to produce an item, produce a more valuable item than someone who does it more quickly? ...
... a key aspect of capitalism and its flexible, adaptable labour market However, if we measure value in relation to units of time, could an idle worker, who takes a long time to produce an item, produce a more valuable item than someone who does it more quickly? ...
Slide 1
... The “great puzzle of Effective Demand” had vanished from economics since Malthus and only kept on living furtively in the “underworlds” of Marx, Gesell and Major Douglas. The future will learn more from Gesell than Marx. ...
... The “great puzzle of Effective Demand” had vanished from economics since Malthus and only kept on living furtively in the “underworlds” of Marx, Gesell and Major Douglas. The future will learn more from Gesell than Marx. ...
Back to the Past: Marxist Concepts Reborn
... stack of cards. Thus, the re-birth of Karl Marx is imminent. Marx's thesis regarding the inherent flaws of capitalism has been borne out not only in the decade leading up to the great depression, but also by the current serious and long-term economic recession. This paper seeks to demonstrate the po ...
... stack of cards. Thus, the re-birth of Karl Marx is imminent. Marx's thesis regarding the inherent flaws of capitalism has been borne out not only in the decade leading up to the great depression, but also by the current serious and long-term economic recession. This paper seeks to demonstrate the po ...
a pdf verison. - Public Interest Institute
... By Adam Wachholz Economic theories have dominated the last three centuries of world history, and it is imperative that we understand their development and implications for the future. Starting in 1776 with Adam Smith and his seminal work The Wealth of Nations, early economic theory championed the fr ...
... By Adam Wachholz Economic theories have dominated the last three centuries of world history, and it is imperative that we understand their development and implications for the future. Starting in 1776 with Adam Smith and his seminal work The Wealth of Nations, early economic theory championed the fr ...
Marxism and the Uno School
... The central issue here is not so much that Itoh has taken some questionable steps in his argument or that he has departed fundamentally from Marx, but rather that the basic theory cannot stand on its own: an analytical framework that divorces itself from the roughand-tumble of history will nonethele ...
... The central issue here is not so much that Itoh has taken some questionable steps in his argument or that he has departed fundamentally from Marx, but rather that the basic theory cannot stand on its own: an analytical framework that divorces itself from the roughand-tumble of history will nonethele ...
A HISTORY OF ECONOMIC THOUGHT, I I Rubin Ink Links, London
... Thus for example when Rubin (p.64) says that mercantilism became more theoretical because of the 'new, increasingly complex demands of economic development' he is theorising that process of development and contrasting it with mercantilist theories. Rubin's conception of the 17th century may be more ...
... Thus for example when Rubin (p.64) says that mercantilism became more theoretical because of the 'new, increasingly complex demands of economic development' he is theorising that process of development and contrasting it with mercantilist theories. Rubin's conception of the 17th century may be more ...
Marx and Marxist historiography seminar (Stephen`s groups)
... ‘In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely relations of production appropriate to a given stage in the development of their material forces of production. The totality of these relations of production consti ...
... ‘In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely relations of production appropriate to a given stage in the development of their material forces of production. The totality of these relations of production consti ...
Steady-State Growth Equilibrium
... socialist) economy would produce a "forest of uplifted arms demanding work" as technological progress created large-scale technological unemployment. And this unemployment would put downward pressure on real wages: over time the " forest of uplifted arms demanding work becomes ever thicker, while th ...
... socialist) economy would produce a "forest of uplifted arms demanding work" as technological progress created large-scale technological unemployment. And this unemployment would put downward pressure on real wages: over time the " forest of uplifted arms demanding work becomes ever thicker, while th ...
Essay on comparing the analytical methods in Karl Marx
... analytics. We know that value is only created through the capitalist exploitation of labor, thus, again from the quote, how this determined (see circuit of capital) AD is distributed depends on how the surplus is distributed, more for capitalists less for workers and vice versa (this again can be ju ...
... analytics. We know that value is only created through the capitalist exploitation of labor, thus, again from the quote, how this determined (see circuit of capital) AD is distributed depends on how the surplus is distributed, more for capitalists less for workers and vice versa (this again can be ju ...
cl4-b1-simulation-listening-exam-4
... In the social production of their life, men enter into definite relations that are indispensable and independent of their will, relations of production which correspond to a definite stage of development of their material productive forces. The sum total of these relations of production constitutes ...
... In the social production of their life, men enter into definite relations that are indispensable and independent of their will, relations of production which correspond to a definite stage of development of their material productive forces. The sum total of these relations of production constitutes ...
Has the American Dream Been Stolen?
... Population, 1798 Argued: Population rises faster than food supply; must cut birth rate Critics cite history of growth ...
... Population, 1798 Argued: Population rises faster than food supply; must cut birth rate Critics cite history of growth ...
Karl Marx `Class Struggles in France, 1848
... each other’ Reactionary attempts to prevent Bourgeois development will just rebound We need to delve further into the ideas of Historical Materialism to make sense of societal events… ...
... each other’ Reactionary attempts to prevent Bourgeois development will just rebound We need to delve further into the ideas of Historical Materialism to make sense of societal events… ...
Three Economists and Their Theories
... his household needs. And all of this happens without their consulting one another or without all the king's men telling them how much to produce. In other words, it's the free market economy in action. In making this discovery, Smith founded what is known as classical economics. The key doctrine of ...
... his household needs. And all of this happens without their consulting one another or without all the king's men telling them how much to produce. In other words, it's the free market economy in action. In making this discovery, Smith founded what is known as classical economics. The key doctrine of ...
Study Guide - Cobb Learning
... Study Guide Associate each of the economists studied with their main contributions to the field of Economics: ...
... Study Guide Associate each of the economists studied with their main contributions to the field of Economics: ...