The Theory of Accumulation
A Marxian Approach to the Dynamics of Capitalist Economy
- 324pages
- 12 heures de lecture
The book presents a unified macro-dynamic theory of growth and cycles in capitalist economies, drawing on Marxian micro-foundations and historical perspectives. Developed by Nobuo Okishio, the theory integrates concepts from Keynes and Harrod, challenging the traditional separation of long-term economic growth and business cycles in mainstream economics. It reflects a shift towards a more cohesive analysis, addressing the interconnectedness of these economic phenomena.
