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Essays on Classical and Marxian Political Economy - Collected Essays IV (Hardcover, New)
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Essays on Classical and Marxian Political Economy - Collected Essays IV (Hardcover, New)
Series: Routledge Studies in the History of Economics
Expected to ship within 12 - 17 working days
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Samuel Hollander's work has been provoking debate for over four
decades. This book brings together key contributions of recent
years, in addition to some brand new pieces. The essays are
introduced by a Preface in which Hollander reflects on his past
work and reactions to it. Highlights include two issues of
particular current relevance. Conspicuous is an extensive chapter
regarding Adam Smith's often neglected arguments for government
intervention in the economy to correct market failures, and his
critical view of the business class as an anti-social force.
Important economists considered in relation to Adam Smith's
position on the role of the state include Jeremy Bentham and the
Scottish-Canadian John Rae. Similarly of high present-day interest
is a re-examination of Karl Marx's theory of exploitation, or the
notion of profits as "embezzlement," demonstrating Marx's effective
abandonment of this perspective in the case of the small active
businessman as distinct from the major joint-stock corporation.
Other papers demonstrate the close intellectual relationship
between David Ricardo and Thomas Robert Malthus; the extensive
common ground between the British school and the French under the
leadership of Jean-Baptiste Say; the failure of a so-called
anti-Ricardian opposition in Britain represented by Samuel Bailey;
and the denial of a sharp discontinuity between "classical" and
later "neo-classical" economics. Finally, several biographical
essays are included as well as an extension of the autobiographical
account appearing in Collected Essays II.
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