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Profit theory and capitalism /

The pursuit of profit by business motivates the capitalist economic system. Understanding profits, therefore, especially the source of profits, is essential to an understanding of capitalism. Mark Obrinsky claims that there has never been an adequate profit theory in mainstream economics. To find th...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Obrinsky, Mark, 1950-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Philadelphia : University of Pennsylvania Press, 1983.
Colección:Post Keynesian economics.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Profit theory and capitalism /  |c Mark Obrinsky. 
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500 |a Cover title: Profit theory & capitalism. 
504 |a Includes bibliographical references (pages 169-174). 
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588 0 |a Print version record. 
505 0 |a Cover -- Contents -- PREFACE -- 1. THE PROFIT PUZZLE -- 2. ADAM SMITH AND THE CLASSICAL CONFUSIONS -- Precursors of Smith -- Smith's Profit Watershed -- Say and the Market -- Malthus: Unproductiveness and Profits -- Senior's Abstinence -- Thünen and the Entrepreneur -- Mill: The Attempt at Synthesis -- 3. THE SURPLUS THEORIES: RICARDO AND MARX -- Ricardo: The Surplus Product -- Marx: Surplus Value as Exploitation -- 4. THE NEOCLASSICAL PROFIT EVASION -- Walras's Farewell to Profits -- Clark and the Static State -- Wicksell: Returns and Profit -- 5. PROFITS AND THE ENTREPRENEUR. 
505 8 |a Marshall's Managerial Profits -- Roscher and Pierson: The Profit Wage -- Schumpeter: Innovation and Profits -- Hawley and the Risk Theory -- Neoclassical Theory: Profit Factors and Equilibrium -- 6. PROFITS AND UNCERTAINTY -- Uncertainty Versus Risk -- The Hawley Criticism -- The Impact of Uncertainty -- Contractual Income -- Profit Origin -- Entrepreneurs -- Profits and Accumulation -- Other Uncertainty Theorists -- Burton S. Keirstead -- J. Fred Weston -- 7. THE INCOMPLETE INSTITUTIONAL VIEW -- Contracts and Property -- Profits, Entrepreneurs, and Corporations. 
505 8 |a 8. SRAFFA AND THE SURPLUS REVIVAL -- Sraffa: Returns and Competition -- The Monopolistic Digression -- Sraffa: The Surplus Resurrected -- 9. PROFITS AND THE EARLY MACRO THEORY -- Keynes: The Widow's Cruse -- Keynes: The General Theory -- Boulding's Profit Reconstruction -- Kaldor: Keynesian Profits -- 10. POST KEYNESIAN PROFIT THEORY -- Kalecki: Monopoly and Surplus -- Robinson: Profits and Capitalism -- Weintraub: Uncertainty and Aggregate Supply -- 11. PROFITS: A CONCLUDING ASSESSMENT -- Bronfenbrenner's ""Naive"" Theory -- Lamberton and the Firm -- Profits and Monitors. 
505 8 |a Wood's Financial Profits -- Profits and General Equilibrium -- Profit Theory and Capitalism -- REFERENCES -- INDEX -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- P -- Q -- R -- S -- T -- U -- V -- W -- Y. 
520 |a The pursuit of profit by business motivates the capitalist economic system. Understanding profits, therefore, especially the source of profits, is essential to an understanding of capitalism. Mark Obrinsky claims that there has never been an adequate profit theory in mainstream economics. To find the source of profits, he argues, one needs to look beyond ownership of the productive factors of land, labor, and capital.Profit Theory and Capitalism makes a sharply reasoned and accessible contribution to critical theory, the history of economic thought, and post-Keynesian theory. Its insights will be of value to all students and theorists working in the area of income distribution. 
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