Political Economy After Economics

Scientific Method and Radical Imagination

Paperback Engels 2014 9781138803060
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Samenvatting

This re-incorporation of economics into political economy is one (small, but not insignificant) element in a larger project: to place all of the resources of present-day social-scientific research at the service of increasing democracy, in an ultimate direction toward socialism in the classic sense. An economics-enriched political economy is, above all, empowering: working people in general can calculate, build models, think theoretically, and contribute to a human-worthy future, rather than leaving all this to their "betters."

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Inhoudsopgave

Preface.  Introduction  1. Value and Quest for the Core of Capitalism  2. Rhetoric and Substance in Value Theory: An Appraisal of the New Orthodox Marxism  3. Technical Change, Accumulation and the Rate of Profit Revisited  4. Okishio and His Critics: Historical Cost Vs Replacement Cost  5. Is There a Classical Theory of Supply and Demand?  6. Rationing and Price Control  7. Non-Constant Returns, Pareto Optimality and Competitive Equilibrium  8. Broadening the Theory of Aggregate Supply: A 'New Critical' Proposal  9. Revisioning Socialism: The Cherry Esplanade Conjecture  10. Incentive Design, Iterative Planning and Local Knowledge in a Maturing Socialist Economy

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          Political Economy After Economics