Maturity and Stagnation in American Capitalism by Josef Steindl

By Josef Steindl

Info a development of improvement and funding within the American economic climate that produces decreased progress and elevated stagnation.

Show description

Read or Download Maturity and Stagnation in American Capitalism PDF

Similar economic conditions books

Investment Climate Around the World: Voices of the Firms from the World Business Environment Survey (Directions in Development)

The research of firm-level facts accumulated via parallel foreign firm surveys can display very important linkages among governance constraints and enterprise progress and funding. the realm enterprise setting Survey (WBES), an initiative led through the area financial institution staff in 1999 and 2000, amassed company info from greater than 10,000 organizations in eighty international locations and one territory.

Miraculous Growth and Stagnation in Post-War Japan

This quantity examines diversified facets of the japanese event in a comparative context. there's a lot the following of relevance to modern constructing nations fearful to start up the adventure of excellent development and concerned to prevent the following stagnation. Such problems with the position of presidency in delivering the correct quantity of youngster safety, the relevance of the economy, the country’s abnormal company constitution and the position of schooling in a comparative context serve to light up the teachings and legacies of this targeted adventure in improvement.

Themes in macroeconomic history: The UK economy, 1919-1939

Characterised through mass unemployment, protectionism, diversified trade fee regimes, the disintegration of the realm alternate, and negative long term progress customers, the interwar interval was once, by way of any criteria, a awesome one. This textbook offers a survey of the main macroeconomic questions that arose from the event of the British economic climate from 1919 to 1939.

Development economics in action : a study of economic policies in Ghana

Half A - Nkrumah and his quick Successors, 1960-72 1. creation 2. improvement, Disequilibrium and kingdom Interventionism three. the commercial suggestions of Nkrumah and his Successors four. household monetary functionality within the Sixties five. exterior functionality: The foreign currency echange Constraint and its motives 6.

Additional resources for Maturity and Stagnation in American Capitalism

Example text

These theoretical features of Marx’s economic model were in 26 The spread of Western economic ideas in Eastern Europe fact those that defined in a fundamental way the Marxist paradigm in its Eastern, mainstream interpretation (Junankar, 1982). Following Junankar’s work, these basic building blocks could be summarized as follows: (a) The importance of production. Production is the most important economic process and the key to economic analysis. (b) Competition. Profit maximization by capitalists within a competitive framework leads to movement of capital to sectors with the highest rates of profits, which tends to lead to an equalization of profit rates and bring market prices towards their long-run equilibrium levels.

83–99) But the disenchantment, following the 1956 revolution and the failure of the experiment with ‘socialism with human face’ in 1968 in Prague, led to a self-declared pragmatism and ‘non-ideological approaches prevailed’ (Csaba, 2002). For Csaba that is in a sense in conformity with Hungary’s tradition of economic thinking, a pragmatic approach ‘interested in public finances, taxation, and the economic functions of the state in general’ (Szamuely and Csaba, 1998, p. 182). The special status of Polish and Hungarian economics during the period was also defined by their impact in the region.

It is interesting to note that in general the political economy dimension of that feature was overemphasized in the sense that the unity was defined more as a feature of a core ‘political economy’ element and less as an interdisciplinary spontaneous phenomenon. In some extreme cases, like the Romanian one, that led even to the banishing of entire disciplines and university departments and to the centralization of research and teaching around the ‘political economy’ core. Until close to the collapse of the regime, a model broadly similar to the one described above was supposed to command, in some version or other, the loyalties of most practitioners of Marxism, both in academic teaching or in political life in Eastern Europe.

Download PDF sample

Rated 4.37 of 5 – based on 6 votes