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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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Année de publication
2022
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Titre
The Theory of Accumulation
Sous-titre
A Marxian Approach to the Dynamics of Capitalist Economy
Langue
Anglais
Publié
2022
Format
rigide
Pages
324
ISBN13
9789811679049
Séries
Description
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.