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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

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Publicado en
2022
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Subtítulo
A Marxian Approach to the Dynamics of Capitalist Economy
Idioma
Inglés
Publicado en
2022
Formato
Tapa dura
Páginas
324
ISBN13
9789811679049
Serie
Descripción
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.