Money, Interest, and Capital Accumulation in Karl Marx’s

Preprint OPEN
Eckhard Hein;
(2005)
  • Subject: Money, interest, capital accumulation, Marx’s economics
    • jel: jel:B

Starting from Schumpeter’s important distinction between „real analysis“ and „monetary analysis“, in this paper it is shown that major elements of Marx’s economic theory fall in the camp of monetary analysis and the implications for Marx’s theory of capital accumulation... View more
  • References (99)
    99 references, page 1 of 10

    Alexander, S. (1940) Mr. Keynes and Mr. Marx, Review of Economic Studies, pp. 123-135.

    Amadeo, E.J. (1986) Notes on capacity utilisation, distribution and accumulation, Contributions to Political Economy, 5, pp. 83-94.

    Arestis, P. (1996) Post-Keynesian economics: toward coherence, Cambridge Journal of Economics, 20, pp. 111- 135.

    Argitis, G. (2001) Intra-capitalist conflicts, monetary policy and income distribution, Review of Political Economy, 13, pp. 453-470.

    Arnon, A. (1994) Marx, Minsky and monetary economics, in: G. Dymski & R. Pollin (Eds) New Perspectives in Monetary Economics. Explorations in the Tradition of Hyman P. Minsky (Ann Arbor, University of Michigan Press).

    Bhaduri, A. & Marglin, S. (1990) Unemployment and the real wage: the economic basis for contesting political ideologies, Cambridge Journal of Economics, 14, pp. 375-393.

    Catephores, G. (1989) An Introduction to Marxist Economics (Basingstoke, Macmillan).

    Cottrell, A. (1994) Post-Keynesian monetary economics, Cambridge Journal of Economics, 18, pp. 587-605.

    Crotty, J. (1986) Marx, Keynes and Minsky on the instability of the capitalist growth process and the nature of government economic policy, in: S.W. Helburn & D.F. Bramhall (Eds) Marx, Keynes, Schumpeter. A Centennial Celebration of Dissent (New York, M.E. Sharpe).

    Crotty, J. (1987) The role of money and finance in Marx’s crisis theory, in: Union for Radical Political Economics (Ed) The Imperiled Economy. Book I. Macroeconomics from a Left Perspective (New York, Union for Radical Political Economics).

  • Metrics
    No metrics available
Share - Bookmark