Capitalism

Download After Capitalism (2nd Edition) (New Critical Theory) by David Schweickart PDF

By David Schweickart

Publish yr note: First released in June twenty eighth 2002
-------------------------

Since first released in 2002, After Capitalism has provided scholars and political activists alike a coherent imaginative and prescient of a manageable and fascinating substitute to capitalism. David Schweickart calls the program fiscal Democracy, a successor-system to capitalism which preserves the potency strengths of a industry economic climate whereas extending democracy to the office and to the constructions of funding finance.

In the second one version, Schweickart acknowledges that elevated globalization of businesses has created more than ever interdependent economies and the talk in regards to the desirability of entrepreneurship is escalating. the recent version incorporates a new preface, thoroughly up to date information, reorganized chapters, and new sections at the monetary instability ofcapitalism, the present monetary difficulty, and China.

Drawing on either theoretical and empirical study, Schweickart indicates how and why this version is effective, dynamic, and acceptable on the planet at the present time.

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Post yr observe: First released in June twenty eighth 2002
-------------------------

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Additional resources for After Capitalism (2nd Edition) (New Critical Theory)

Sample text

The classical view is very different. Since production takes time, it precedes the exchange of products. And it is in production that we confront the constant struggles about wages and the length and intensity of the work. The first part of this chapter contrasts the classical emphasis on the importance of the time of production and on the active role of labor in production with the timeless and passive inputs-into-outputs methodology of most other economic traditions. The distinction between circulating investment and fixed investment is shown to have important implications for economic dynamics.

Dimitri Papadimitriou and Rob Johnson provided me with great personal and material support. Major parts of this book were shaped during sojourns in the Levy Economics Institute of Bard College, and the final draft was underwritten by two grants from the Initiative for New Economic Thinking (INET). I would not have been able to complete this task without their crucial support. Ahmet Tonak, Howard Botwinick, Mary Malloy, Katherine Kazanas, Charles Post, Bettina Cetto, Rania Antonopoulos, Pablo Ruiz Nápoles, Olga Alexakos, Lefteris Tsoulfidis and Persefoni Tsaliki, Thanassis Maniatis, Andriana Vachlou, Jamee Moudud, Manuel Roman and Ascension Mejorado, and Malcolm Dunn became my friends over the many years of our collaborations, and their support has been invaluable.

6 Classical Accounts, Net Interest Paid by Households 839 NIPA Accounts, Net Interest Paid by Households 839 Classical Accounts, Production and Household Net Interest 840 NIPA Accounts, Production and Household Net Interest 840 Impact of Wage Equivalent and Imputed Interest on Business Sector Accounts 842 Accuracy of Chain-Aggregate Capital Stock Accumulation Rules, US Corporate Fixed Capital, 1925–2009 844 Different Initial Values in 1925, Current-Cost Corporate Net Stock 845 Capacity Utilization Regression Output 854 Japan: Error Correction Equivalent of the ARDL(2, 2) Model 878 Japan Verification of the Existence of a Long-Run Relationship 878 Japan: Diagnostics 878 United States: Error Correction Equivalent of the ARDL(2, 0) Model 879 United States: Verification of the Existence of a Long-Run Relationship 879 United States: Diagnostics 879 PREFACE AND ACKNOWLEDGMENTS This book has been in the making for fifteen years.

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