Marxian Reproduction Schema

Money and Aggregate Demand in a Capitalist Economy

Business & Finance, Economics, Economic History
Cover of the book Marxian Reproduction Schema by Andrew Trigg, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Andrew Trigg ISBN: 9781134305650
Publisher: Taylor and Francis Publication: April 18, 2006
Imprint: Routledge Language: English
Author: Andrew Trigg
ISBN: 9781134305650
Publisher: Taylor and Francis
Publication: April 18, 2006
Imprint: Routledge
Language: English

In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and reproduced. This is thought to be the first two-sector economic model ever constructed. Two key aspects of Marx’s writings are widely agreed to be undeveloped: The role of aggregate demand and the role of money. This book synthesizes various strands of economic thought to enable the reader to understand and clarify the structure of the reproduction schema. This synthesis will challenge prevailing orthodoxies.

This book constructs a macro monetary model which draws on a wide range of economic theories, within both the Marxian economic tradition, and the tradition of Keynes, Kalecki, Domar, Sraffa and Leontief. Marxian economics has been dominated by supply-side thinking, including general equilibrium theory and pronouncements about the shortage of surplus value, whilst Post Keynesians have failed to take seriously the importance of reproduction and the multisectoral structure of capitalism. By locating aggregate demand and the circuit of money in the reproduction schema, this key book provides an analytical contribution to both Marxian and Post Keynesian economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and reproduced. This is thought to be the first two-sector economic model ever constructed. Two key aspects of Marx’s writings are widely agreed to be undeveloped: The role of aggregate demand and the role of money. This book synthesizes various strands of economic thought to enable the reader to understand and clarify the structure of the reproduction schema. This synthesis will challenge prevailing orthodoxies.

This book constructs a macro monetary model which draws on a wide range of economic theories, within both the Marxian economic tradition, and the tradition of Keynes, Kalecki, Domar, Sraffa and Leontief. Marxian economics has been dominated by supply-side thinking, including general equilibrium theory and pronouncements about the shortage of surplus value, whilst Post Keynesians have failed to take seriously the importance of reproduction and the multisectoral structure of capitalism. By locating aggregate demand and the circuit of money in the reproduction schema, this key book provides an analytical contribution to both Marxian and Post Keynesian economics.

More books from Taylor and Francis

Cover of the book Rethinking Children as Consumers by Andrew Trigg
Cover of the book The Metaphysics of Scientific Realism by Andrew Trigg
Cover of the book Accounting and Finance for the International Hospitality Industry by Andrew Trigg
Cover of the book Mediating the Human Body by Andrew Trigg
Cover of the book Domestic Violence by Andrew Trigg
Cover of the book Policing Undocumented Migrants by Andrew Trigg
Cover of the book Revival: Ismail: The Maligned Khedive (1933) by Andrew Trigg
Cover of the book The Spanish Presence in Sixteenth-Century Italy by Andrew Trigg
Cover of the book Determining the Economic Value of Water by Andrew Trigg
Cover of the book Human Sacrifice in Ancient Greece by Andrew Trigg
Cover of the book Nations Abroad by Andrew Trigg
Cover of the book Globalization and Emerging Trends in African States' Foreign Policy-Making Process by Andrew Trigg
Cover of the book Digital Gaming Re-imagines the Middle Ages by Andrew Trigg
Cover of the book Designing Regulatory Policy with Limited Information by Andrew Trigg
Cover of the book For the Common Good by Andrew Trigg
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy