The Macrodynamics of Capitalism - Elements for a Synthesis of Marx, Keynes and Schumpeter (Hardcover, 2nd ed. 2009)

This book provides an introduction to advanced macrodynamics, viewed as a di- quilibriumtheoryof?uctuatinggrowth. Itbuildsonanearlierattempttoreformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the con?ict over income distribution between capital and labor. It does so, not because it wants to support the view that this class con?ict is inevitable, but with the perspective that an understanding of this con?ict may help to formulate socio-economic principles and policies that can help to overcome class con?ict at least in its cruder forms or that can even lead to rationally understandable proce- 2 dures and rules that turn this con?ict into a consensus-driven interaction between 3 capitalists or their representatives and the employable workforce. The book starts from established theories of temporary equilibrium positions, the forces of real growth, and the con?ict over income distribution, represented by basic modeling approaches, which it considers in detail in its Part I in order to prepare the ground for their integration in Part II of the book. In this way we inspect what types of models of disequilibrium, income distribution, and real growth we have at our disposal, as models that have proved to be of real interest and sound from a rigorous modeling perspective.

General

Imprint:	Springer-Verlag
Country of origin:	Germany
Release date:	December 2008
First published:	2009
Authors:	Peter Flaschel
Dimensions:	235 x 155 x 23mm (L x W x T)
Format:	Hardcover
Pages:	399
Edition:	2nd ed. 2009
ISBN-13:	978-3-540-87931-2
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Macroeconomics > General Books > Business & Economics > Economics > Economic systems > General
LSN:	3-540-87931-5
Barcode:	9783540879312

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