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This chapter is a radical critique of the neoclassical growth theory, justifying ways out of mainstream economics. It has three parts. The first one analyzes growth theories from the Classical representation to the endogenous growth models. The second part demonstrates that the “new growth...
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socialism. Rather, he was, remains today and for the foreseeable future a radical critic of liberalism and capitalism. Within … materialism and economic theory with a focus on concepts of labour, commerce, capitalism and surplus. The book also includes …
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`institutional direction`, and that this principle involves an important criticism of both neo-liberal and socialist views on …
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-philosophische Manuskripte that address the specific implications of production under capitalism …
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This paper examines the validity of economic thoughts of Karl Marx and John Maynard Keynes for the present time. The paper compares Marx and Keynes, and aims to show that the difference in treatment of the major economic issues between them is not as significant as one may expect. Marx and...
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