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The Theory of Accumulation

A Marxian Approach to the Dynamics of Capitalist Economy

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Focusing on the interplay of growth and business cycles in capitalist economies, the book presents a unified macro-dynamic theory rooted in Marxian micro-foundations and historical insights. Developed by Nobuo Okishio, the theory integrates concepts from Keynes and Harrod, challenging the traditional separation of long-term growth analysis and business cycle discussions in mainstream economics. It highlights the evolving understanding of these economic phenomena, advocating for a more cohesive approach to their study.

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The Theory of Accumulation, Nobuo Okishio

Jazyk
Rok vydania
2022
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Titul
The Theory of Accumulation
Podtitul
A Marxian Approach to the Dynamics of Capitalist Economy
Jazyk
anglicky
Rok vydania
2022
Väzba
pevná
Počet strán
324
ISBN13
9789811679049
Série
Anotácia
Focusing on the interplay of growth and business cycles in capitalist economies, the book presents a unified macro-dynamic theory rooted in Marxian micro-foundations and historical insights. Developed by Nobuo Okishio, the theory integrates concepts from Keynes and Harrod, challenging the traditional separation of long-term growth analysis and business cycle discussions in mainstream economics. It highlights the evolving understanding of these economic phenomena, advocating for a more cohesive approach to their study.