The amount of physical matter in the world is fixed and
improvements to people's material circumstances are only created by
their ability to reconfigure this matter. What distinguishes
labour, and subsequently what allows for differing increments of
value, are our capabilities, skills and understandings. In
addition, the way society synchronises these individual talents and
pieces of knowledge is significant. This innovative book sheds new
light on the emerging confluence between labour and industrial
economics: the view that labour as capital is the dominant factor
of production. This factor is commonly embraced under the term
intangible capital. This book examines the process by which firms
accumulate intangible capital assets using a post-Keynesian
perspective. It will be of interest to labour and industrial
economists, especially those who favour post-Keynesian and
Kaleckian economic thought.
General
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